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Secure your Bitcoin investments

Get peace of mind using fully segregated, institutional-grade custody so you can hold and transact Bitcoin with confidence. 

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Institutional-grade security for your Bitcoin

Over $150 billion in Bitcoin has been permanently lost or stolen due to lost hardware and hacks. While Xapo Bank provides all the standard security features like 2FA and biometrics, what truly sets us apart is our multi-party computation (MPC) security.

With cyber security at the core of what we do, your Bitcoin is protected to the highest standard.

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29 000
Xapo BTC reserve in custody
0
Bitcoin lost
125+
Supported countries

how we keep your Bitcoin safe

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How does MPC work?

Multi-party computation (MPC)  wallets boost the security of your Bitcoin, ensuring no single entity or person can threaten your Bitcoin. This is achieved by splitting the Master Private Key into multiple shards that can be stored in secure, secret locations around the globe.

MPC security benefits

Sharding the Bitcoin keys and storing them in undisclosed locations mitigates risks like hacking, phishing, and internal breaches, unlike traditional methods where a single point of compromise can lead to losses.

How does Xapo Bank use MPC?

Every time you initiate a transaction, each of the shards is required to sign the blockchain transaction to reach what is known as a signature threshold. These shards are securely stored around the globe on hardware-based encrypted devices within secure enclaves.

3  ways to store your Bitcoin 
with The same mpc security

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BTC Wallet

Transact Bitcoin easily

Your daily wallet uses the MPC protocol to ensure secure Bitcoin transactions, which means you can spend with your Xapo card5 or via the Lightning Network with complete confidence.

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BTC savings

Grow your holdings

We use our own Bitcoin reserves to generate yield that we share with you, so you can enjoy risk-free 0.56% annual interest1 on your Bitcoin, with anytime access.

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BTC vault

Protect your Bitcoin

Store your Bitcoin for the long term with BTC Vault and enjoy extra layers of security that give you more control, like 48-hour withdrawal delays and more.

Do other wallet solutions let you transact whenever and however you want?

Built on top-tier MPC security, you have the freedom to access and move your funds whenever, wherever, with unmatched safety — all without the fear of hardware loss and misplaced seed phrases.
XAPO BANK
Crypto exchanges
Hardware wallets
Regular banks
Trusted for large Bitcoin balances
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Protected against damaged wallets and lost keys
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Withdraw fiat from your crypto balance
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Large Bitcoin reserves that protect your holdings
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Lightning Network transactions
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Spend Bitcoin or USD with a single card, anywhere
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Insights
Get the answers to some commonly asked questions.
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Trust that is built on regulation

Investing not betting

With Xapo Bank, your Bitcoin is in safe hands. Our 29,000-strong Bitcoin reserve and regulatory capital ensure protection against system hacks, third-party theft, or even our bankruptcy. Rest easy knowing your digital assets are safeguarded, regardless of Xapo Bank’s future.

Investing not betting

Global assurance by a trusted jurisdiction

As a licensed and regulated bank in Gibraltar, Xapo Bank is committed to financial transparency and client security.

We undergo annual audits by a Big Four firm as well as consistent evaluations by the Gibraltar Financial Services Commission that ensure robust defences against cyber risks, fraud, and financial crime. With mandated capital reserves and segregated funds, we’re expertly positioned to protect you against losses.

Bitcoin with the security of a bank

Discover more

Xapo Bank App security features

Our security strategies and compliance

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Protecting your Bitcoin should be as simple as opening an app