Review Time
While I cannot comment extensively being a new customer, I can say that with the few requests I have made, the response from the bank has been quick with constant updating of the status of my request. I really appreciate the regular feedback. With regard to investing funds or BTC, it may be useful to provide more details for one to explore on the new products being offered.
Probably one of the most reliable crypto‑friendly banks. They assisted and advised me from the very beginning - even by phone - provided support with the mandatory KYC/AML procedures, and were always available to answer all my questions regarding their products and services.
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Xapo Bank is the first fully licensed, Bitcoin-enabled bank that combines the security of traditional banking with access to Bitcoin and stablecoins. Regulated by the Gibraltar Financial Services Commission, Xapo Bank facilitates wider use cases for crypto by providing simple and secure ways to store, save, earn and transact in fiat and crypto across borders 24/7.
Established in 2013, Xapo Bank was founded on the belief in the long-term potential of Bitcoin. As the first crypto company in the world to be awarded a banking license, Xapo Bank has since evolved from an e-money wallet into a digital-first bank. Xapo Bank’s proprietary technology provides a seamless bridge between traditional finance and digital assets. Following the sale of its institutional custody business to Coinbase‘s custody arm in 2019, Xapo Bank pivoted to service solely retail customers, focusing on the protection, growth and diversification of wealth.
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