Company | ||
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User rating | 1 user review | 4 user review |
Cryptogeek rating | ||
Trust Score How it works |
Magnum Wallet is a multicurrency non-custodial wallet service. Designed for those who wish to manage their crypto portfolio in a secure and convenient interface, it also lets the user earn rewards through staking or by claiming forks and bounty airdrops. As part of their “Multiply Your Funds” paradigm, the team is always on the lookout for new ways to benefit the users. Combined with the multitude of supported coins & tokens, exchange capabilities and support of hardware wallets, this makes Magnum the all-in-one cryptocurrency wallet.
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Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
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No data | 2013 |
No data | Hong Kong |
No data | English |
No data | Software wallet |
No data | Hot / Cold wallet |
No data | Not available |
0 | 1 - Bitcoin (BTC) |
Personal | Third Party Encrypted |
High | Medium |
Easy | Easy |
no | yes |
yes | yes |
No data | No data |
Open Source | 2 Factor Authentication |
About |
Magnum Wallet is a multicurrency non-custodial wallet service. Designed for those who wish to manage their crypto portfolio in a secure and convenient interface, it also lets the user earn rewards through staking or by claiming forks and bounty airdrops. As part of their “Multiply Your Funds” paradigm, the team is always on the lookout for new ways to benefit the users. Combined with the multitude of supported coins & tokens, exchange capabilities and support of hardware wallets, this makes Magnum the all-in-one cryptocurrency wallet.
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Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
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Founding Date | Founding Date No data | Founding Date 2013 |
Country | Country No data | Country Hong Kong |
Languages | Languages No data | Languages English |
Wallet type | Wallet type No data | Wallet type Software wallet |
Storage type | Storage type No data | Storage type Hot / Cold wallet |
Private keys | Private keys No data | Private keys Not available |
Available coins | Available coins 0 | Available coins 1 - Bitcoin (BTC) |
Security | Security Personal | Security Third Party Encrypted |
Anonymity | Anonymity High | Anonymity Medium |
Ease of use | Ease of use Easy | Ease of use Easy |
Has attached card | Has attached card no | Has attached card yes |
Has trading facilities | Has trading facilities yes | Has trading facilities yes |
Has vouchers and offers | Has vouchers and offers No data | Has vouchers and offers No data |
Features | Features Open Source | Features 2 Factor Authentication |
magnumwallet.co | www.xapo.com |
No data | @xapo |
Website | Website magnumwallet.co | Website www.xapo.com |
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Twitter No data | Twitter @xapo |
- | - High assets security - Intuitive interface - Wide functionality - Prepaid debit cards |
- | - The support team is slow to react - No cryptocurrencies other than BTC |
User rating | User rating 1 user review | User rating 4 user review |
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Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
Advantages | Advantages - | Advantages - High assets security - Intuitive interface - Wide functionality - Prepaid debit cards |
Disadvantages | Disadvantages - | Disadvantages - The support team is slow to react - No cryptocurrencies other than BTC |
Magnum Wallet user rating is 4, based on 1 user reviews. Xapo Wallet user rating is 4.8, based on 4 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
This Magnum Wallet vs Xapo Wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.
Based on user reviews only, Magnum Wallet is rated 4 with 1 user reviews, while Xapo Wallet is rated 4.8 with 4 user reviews.
Let's finally move to overall Trust Score: