How do I keep my Bitcoin safe?
That depends on your individual preference. It is suggested that a cold wallet is one of the most secure ways to keep Bitcoin if you are a HODLer, as it keeps your BTC offline. A safer and more convenient way would be to keep your Bitcoin in Xapo Bank. Our technology, strong balance sheet and expertise from being the first institutional Bitcoin Custodian in the world put us in the best position to keep your BTC safe.
Do banks offer Bitcoin savings?
Xapo offers one of the most secure and rewarding Bitcoin savings products in the world. Your Bitcoin deposits at Xapo earn you 0.2% annual interest, which is paid out every day1. Plus, your Bitcoins are fully protected by our Bitcoin reserves, which are one of the largest in the world.
What is the best app to invest in Bitcoin?
The Xapo app is one of the fastest, most secure ways to buy, hold and sell Bitcoin. You can exchange your Bitcoin for US Dollars or vice versa with just a few taps. You can also send and receive Bitcoin to and from other Bitcoin wallets.
How can I pay with my Bitcoin?
You can pay your bills with Bitcoin if the merchant accepts Bitcoin. The Xapo card gives you even more flexibility to pay with Bitcoin, as your US Dollar and Bitcoin accounts can be linked. This means if you don’t have enough USD to make a card payment, the amount of the payment will be automatically converted from your BTC balance and the payment will be made, even if the merchant does not directly accept BTC.
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Xapo Bank is a crypto-enabled bank licensed by the Gibraltar Financial Services Commission. We give our members access to a US Dollar and Bitcoin account, successfully bridging the gap between traditional banking and crypto. USDC deposits into Xapo are immediately converted to USD on a 1:1 basis, giving instant dollar cash value with zero exchange fees.