What is Xapo?
Xapo is a wallet, card and exchange service for Bitcoin use. The company was first founded in Palo Alto, California in 2014. Due to regulatory instability, the company relocated to Switzerland after which it became incorporated in Hong Kong. Xapo currently operates worldwide, having offices in both Hong Kong and Palo Alto.
Wences Casares is the CEO of Xapo, who has over two decades of entrepreneurship experience in the technology industry.
Xapo is led by a team of legitimate businessmen and entrepreneurs that have created many successful companies over the years.
Bitcoin is the only cryptocurrency for which Xapo provides storage and exchange services. This can be very discouraging for those that are looking to transact with more types of digital assets. On the other hand, Xapo supports a wide variety of fiat currencies, accepting USD, GBP, EUR, CNY, RUB, and JPY as well as less popular fiat currency options such as Bhutanese Ngultrums (BTN) and Zambian Kwacha (ZMK).