Company & Membership

Xapo Bank membership is open to individuals who are at least 18 years of age and reside in one of our supported jurisdictions, as well as qualifying institutions. Because Xapo Bank is a fully regulated financial institution, prospective members must also successfully complete our identity verification and compliance checks, which require a valid government-issued ID (such as a passport) and proof of address.

Please note that the list of prohibited countries is subject to change without notice. As of the date of publishing these FAQs, Xapo Bank is unable to serve individuals residing in the following countries: Afghanistan, Belarus, Bosnia and Herzegovina, Central African Republic, Cuba, Democratic Republic of the Congo, Haiti, Iran, Iraq, Ivory Coast, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Palestine, Russia, Serbia, Somalia, South Sudan, Sudan, Syria, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe

Becoming a Xapo Bank member is a fully digital process, involving secure Know Your Customer (KYC) procedures. Download the Xapo Bank app, submit your application, pay Xapo’s $1000 annual membership fee, and complete our secure onboarding steps, which include a quick identity verification and document upload. Once your profile is approved, you will be prompted to make an initial deposit to activate your account and cover the annual membership fee, immediately unlocking your private banking services. Once complete, you will be able to harness the full power of Xapo’s world class Bitcoin and fiat products.

Your annual membership fee grants you access to an exclusive, all-in-one digital wealth ecosystem. This includes a USD bank account equipped with diverse payment rails for seamless global transfers across both fiat and stablecoins. Membership also unlocks the ability to earn interest on your Bitcoin, access lines of credit through Bitcoin loans, and invest directly in blue-chip stocks and select ETFs. Furthermore, you receive a premium metal debit card with zero foreign exchange markup. Members also benefit from institutional-grade asset custody and personalised support from our dedicated account management team.

Xapo Bank was founded in 2013 as a highly secure Bitcoin wallet. It was founded with a singular mission: to protect and grow your wealth. Inspired by our founder Wences Casares’ first-hand experience with hyperinflation in Argentina. Today, we have evolved into the world’s first fully regulated private bank and VASP, combining the flexibility of digital assets with the rigorous standards of traditional banking to offer a true safe haven for your wealth.

Our Bitcoin Inheritance Protocol is designed to secure your legacy and seamlessly transfer your wealth to the next generation. It allows you to designate trusted beneficiaries directly within your account. In the event of your passing, this protocol ensures that your fiat and digital assets can securely and seamless transfer to your loved ones, removing the high risk of lost keys and the severe technical barriers typically associated with passing down self-custodied Bitcoin.

To log in to your Xapo Bank account, simply open the official Xapo Bank mobile app on your smartphone. You can securely access your wealth by verifying your email address and entering your private PIN. Once set up, a one-time verification code may also be required for additional security. After logging in, biometric authentication, such as facial recognition or fingerprint scanning, can be used to unlock the app. For the maximum security of your digital and traditional assets, account access is strictly limited to the authenticated mobile app, limited to one single active session at the same time, and is not available through a web browser.

Becoming a member of Xapo Bank requires an annual membership fee of $1,000 USD. This single, transparent subscription grants you full access to a premium digital wealth ecosystem, which includes secure institutional-grade Bitcoin custody, a fully regulated US Dollar bank account, the ability to earn daily yield on your balances, and a global metal debit card with zero foreign exchange fees.

Xapo’s benefits include institutional-grade Bitcoin custody to securely protect your digital wealth, alongside the ability to earn yield on your Bitcoin and fiat balances, paid out in BTC. Members also receive a fully regulated US Dollar bank account, access to instant Bitcoin-backed loans for cash liquidity*, and a premium metal debit card with zero foreign exchange fees for global spending. Furthermore, the platform allows you to invest directly in US stocks and ETFs, with all your assets held within a highly secure, dual-regulated banking environment.

Yes, Xapo Bank provides dedicated accounts for businesses, trusts, and qualifying financial institutions. Our corporate accounts offer the same premium benefits as our individual memberships, including secure Bitcoin custody, regulated US Dollar banking, and seamless global payment rails. Institutional members also receive tailored support from our dedicated account management team to help navigate the complexities of managing digital and fiat treasuries securely.