Xapo Bank

Xapo Bank offers a convenient banking app for managing both USD and Bitcoin accounts, integrating with USDC for additional options. It's a fully regulated bank that offers users the ability to earn interest on their deposits and offers numerous funding options. Users can make low-fee Bitcoin payments and enjoy cashback with the metal debit Card, all with a high level of trust and security.

Features:

Security

As the world’s first fully licensed banking group to hold Bitcoin to banking standards, known as the Fort Knox of Bitcoin, we’ve mastered Bitcoin custody for over a decade. With over a decade of expertise in Bitcoin custody, we blend no-holdback security, including military-grade Swiss bunkers, cutting-edge digital protocols, and strict regulatory oversight. This comprehensive approach ensures your funds are always protected to the highest level.

Growth

Earn Bitcoin daily with interest on your savings for both BTC and USD, as well as cashback on your card spending. Simply watch your wealth grow in real time with daily interest payouts in SATs.

Access

Your funds are always right where you need them. Anytime. Anywhere. With just a few taps, you can transact in BTC instantly with the Lightning Network, transact USDC and USDT directly from your Xapo Bank US Dollar account with instant auto-conversions, or make payments in EUR, GBP, USD with some of the most efficient payment networks around.

Support

Are you tired of chatting with bots? We hear you. As a member, you’ll have a dedicated account manager who can guide you through our offerings and help with anything you need. Support is available seven days a week, and we welcome all our members to visit us in person at our Gibraltar headquarters.

Highlights:

Earn competitive interest rates. Grow your wealth with Xapo Bank's attractive interest rates. Earn an annual interest rate of 4.1% on your US dollar deposits and 1% on your Bitcoin holdings. Interest is paid out daily, allowing you to benefit from compounding returns.

Flexible funding options. You can fund your US dollar account in multiple ways. Receive GBP from the UK and participating territories via Faster Payments or receive USDC, which is instantly converted to USD on a one-to-one basis. You can also send GBP or USDC using the funds in your USD account, with no fees incurred.

Instant, low-fee Bitcoin payments. Xapo Bank enables lightning-fast Bitcoin payments on the Lightning Network, making it convenient to integrate Bitcoin into your everyday life.

Metal debit card with cashback. Experience the exclusivity of the Xapo Bank metal debit card. With global payment capabilities, you can make transactions anywhere. Earn up to 1.1% cashback on card transactions and enjoy zero foreign exchange markups on payments in other currencies. The card is protected with multiple levels of authentication and transaction alerts for your peace of mind.

Trustworthy wealth protection. Xapo Bank provides comprehensive wealth protection. Your fiat deposits are safeguarded up to the US dollar equivalent of €100,000 through the Gibraltar Deposit Guarantee Scheme. In addition, Xapo Bank holds substantial liquid assets and one of the largest Bitcoin reserves in the world, offering an extra layer of security.

Advantages:

1、Dual USD and Bitcoin Accounts: Xapo Bank is the first banking app in the world to offer access to both US dollar and Bitcoin accounts. This allows users to manage their digital assets and fiat currencies in one place.

2、Multiple Funding Options: Users can fund their USD accounts in multiple ways, including via Faster Payments for GBP and SEPA for EUR. Additionally, users can receive USDC and USDT, which are instantly converted to USD. With the funds in the USD account, users can also send Bitcoin, GBP, EUR, USDC, and USDT.

3、Integration with USDC: In addition to Bitcoin, Xapo Bank integrates with USDC, the fully-backed stablecoin issued by Circle. This offers users an additional option for storing and managing their digital assets.

Conclusion:

Xapo VASP Limited is a company registered and incorporated in Gibraltar with company No. 118088 and regulated by the Gibraltar Financial Services Commission under the Financial Services Act 2019 as a ‘DLT institution’ under Permission No. 26061.