If you are not yet sure which one to trust is the right place for you to keep your coins safely. So now your search is over because we have brought one such exchange for you today, Xapo.
If you do not know which safe and reputable place would be for you to buy bitcoins, Xapo is considered one of the most reputable companies in the world.
With which you can buy and sell digital currencies. More recently, they’ve raised almost $40 million in funding from investors, with which they help demonstrate their legitimacy. With Xapo you are provided with a debit card for bitcoins and linked with your bitcoin wallet.
In the end, all services will be able to spend bitcoin and other cryptocurrencies. Now we are going to dive into their company with Xapo and also check their reputation whether it is worth the hype or not. you can go through bitcoin-motion.cloud to know more about bitcoin buying
Use Xapo to Buy Bitcoin
You can start this process by completing the above signup form. If you are going to use Xapo, then it is important to know that you must be over 18 years of age.
You have to verify your phone number in it before selecting your wallet. After you provide your phone number in it, you need to check the box for Enable 2FA under its ‘Security settings’.
Now, before you can be able to buy digital currencies with the new account, you will need to upload your proof of residence and your driving license. If it will not contain all the documents information it will reject you. Once you are approved, you will then be able to use your FIAT currency to buy the bitcoins with an easy interface.
Xapo Customer Support
However, you have to keep in mind that when you search for reviews about Xapo, the complaints made by the customers at that time will be of great help to you.
Complaints to Xapo A wide range of problems can lead to reasonable help from everyone. It is common to search for every crypto wallet in this. This is a very fast-growing industry, due to which the risk potential may increase in it.
Getting BTC in Xapo Wallet
If you wish to receive BTC in your Xapo Wallet through an external source, you will need to obtain your wallet address in your Xapo account. If you wish, ‘send’ the Xapo address to an external wallet to use it as an address.
If this sounds confusing to you, then you must check out a guide on how to send or receive bitcoins. Xapo Wallet charges you a fee for receiving BTC in appropriate amounts, you must ensure that you will not be overcharged, and you must check their fee page before sending BTC to someone.
Sending BTC from Your Xapo Wallet
If you send your BTC purchased through Xapo to another wallet. So this can be done through your Xapo account. However, with Xapo you are charged when sending coins to the wallet.
Instead of changing the fee structure all the time, instead of breaking them, they should consider breaking the charges.
Buy and Sell Limits
Information about any limit has not been made publicly available while purchasing it.
The first thing you need to do while making a purchase is to make sure that you verify the account completely. The processing fee for the payment method with Xapo 1% is charged for purchase orders.
Xapo does not allow the sale of bitcoins, Bali instead suggests using debit cards to spend them instead of selling BTC in FIAT currency.
