What is xapo.com?  What does it offer that its competitors are not offering?  Is it one that you can trust?  What do the customers who are using it think about it?  Is it one that you can recommend to your friends and family? Welcome to my review about xapo.com, in which we shall be looking at the main elements of this platform, including the ones listed below:

• What is Xapo.com?
• How does it work?
• Which coins are supported by Xapo?
• What are the fees that are charged for the use of Xapo?
• How safe is this platform?
• Is Xapo genuine or is it a Scam?
• Pros and Cons

Name of the Platform: Xapo.com

Official Website URL: https://xapo.com/

Overall Rating: (1.8 / 5)

Recommended: Not Recommended

**–Here is an Alternative You can Try Out–**

What is Xapo.com?

Xapo exists as a global cryptocurrency services provider. The company that runs this platform has its headquarters in Hong Kong. The company initially started out business in Palo Alto, back in 2014 before being moved to Switzerland as a result of unfavorable regulatory measures.

The CEO of this company is Wences Casares.  He has been a serial entrepreneur for more than 20 years, doing business in regions such as the USA, South America, and Europe in the field of technology. The rest of the management team at Xapo comprises of people who are well experienced in the field of business. The current president of Xapo is known as Ted Rogers and he has more than 15 years’ experience in the field of business and finance. The COO of the company is the one who is well-grounded in the field of technology.  By 2017, Xapo had already been granted an electronic money license that allowed it to provide custody to digital currencies, as well as to enable the transfer of money or its customers.

Xapo, the online platform, operates as both a digital wallet and a vault. Xapo Wallet is essentially a hybrid wallet that can be used to store Bitcoin.  The wallet relies on offline servers that are not at any given time connected to the internet. This is essentially meant to offer security to the funds that are stored in the wallet. There is also a prepaid debit card system, that clients can use with a wide range of point-of-sale machines, as well as bitcoin ATMs.

How does it work?

In order to begin using this platform, you will have to provide your details through a sign-up form.  You will be requested to answer a few questions about yourself right after disabling AdBlock. This platform requires that all users be over 18 years of age for them to be allowed to use it.  Upon providing your details, you will be sent a verification email to the email address that you provided.

You will also need to verify your phone number before Xapo can allow you to do anything with the wallet. Providing your phone number gives you the capability to enable 2FA security settings.

With this platform, before you can begin purchasing cryptos, you will have to upload your driver’s license as well as provide your proof of residence.   Unfortunately, if the information you provided does not add up the account application process will simply be declined. If you are lucky to get approved, you can proceed to purchase cryptos through the very easy to use interface, simply by depositing Fiat currency.

Which coins are supported by Xapo?

Since its creation and launch, Xapo has only been supporting Bitcoin. It has not managed to bring in any other cryptocurrencies yet.  You can therefore not trade BCH or any other cryptocurrency, as this platform is strictly limited to Bitcoin.

As a prospective customer who is out to either hold or trade altcoins, you will find this to be a major downside, more so when you compare Xapo to its competitors in the market.

What are the fees that are charged for the use of Xapo?

All transactions that happen between registered Xapo accounts are free.  If you however transfer your bitcoin to other external wallets provided by other companies, you will have to part with transaction processing fees. These fees are usually determined by the Bitcoin network. For the outgoing transactions, customers can choose to work with:

•  Standard transaction fees
•  Priority fees to enable the transaction to be processed faster.

These fees will in most cases vary, depending on the amount that you are transacting.  The fees charged for incoming transactions usually vary depending on the amount of money in question.

Note: The minimum amount of BTC that you can send from a personal Xapo wallet is 0.000055 BTC.

How safe is this platform?

When it is a question of safety when dealing with a platform such as Xapo, there are essentially 3 things that you should be on the lookout for, and they are the legitimacy of the company that owns the platform, the safekeeping measures put in place, as well as the security of their personal account.

• The legitimacy of the company-  so far the company that owns this platform does not seem to have any issues, as far as being genuine is concerned. Xapo has its headquarters in Hong Kong, along with other officers distributed around the world.
• Keeping the funds safe-  the platform claims to offer deep cold storage vaults that protect the customers’ funds from being accessed by hackers.
• Security for the personal accounts- When creating a Xapo account you are required to create a pin and password to ensure that the account is safe.  you can also add an extra layer of security by enabling two-factor authentication.

On the overall, Xapo is a safe platform, in my opinion.

Is Xapo genuine or is it a Scam?

In my own opinion, I do not think that this platform is a scam.  It has been around for quite some time now, and it has physical headquarters in Hong Kong (along with other global offices).  The fact that this platform has also been reviewed one other consumer Trust sites, with none pointing to it being a scam, is more evidence that it is genuine.

What can be said about the nature of its services, however? Unfortunately, Xapo seems to not be doing quite well in as far as customer service is concerned.  on a platform such as Trustpilot, Xapo Has a rating of (1.8/5)  stars.  71% of the customers think that the services offered are bad. There are very major issues that have been brought up by the customers, including the failure to access their accounts as well as the inability to withdraw their money.  Such our concerns that we cannot ignore, hence able to recommend that you try out another platform just to be on the safe side.

–-My Number One Recommended Alternative to Xapo–

Pros and Cons

Pros

•  Deep Cold Storage for the funds that are stored by users
•  Operated by a legitimate company
•  Beginner-friendly

Cons

•  It only supports Bitcoin
•  The setup process is lengthy and calls for the submission of a lot of personal details
•  Negative customer reviews

Final Words and Verdict

Verdict: Legit (But Not Recommended)

Overall Rating: (1.8 / 5)

Xapo is a platform that takes the security of its customers’ funds very seriously. It is, however, not performing very well, with regards to the provision of customer services, as is evidenced by the poor customer ratings on consumer trust sites. I would therefore point you in the direction of a more reliable platform, which I have used and found to be essential. ( Try it out and be the judge).

My Number One Recommended Alternative to Xapo.com

That’s all for my review of what Xapo.com is all about. I hope it was informative, and that you will now make a more informed decision about whether or not to use it. If you have any questions about this platform, do not hesitate to drop it in the comments’ section- I will get back to you ASAP!

Your Friend,

Eric, investor, and blogger at Start Make Stop Waste!

What is ShapeShift.com? How does it compare to its competitors in the market? What are customers are saying about it? Join me as we review this platform to find out about this and more. Here are the main elements about it that we shall be looking at:

• What is ShapeShift.com?
• How does ShapeShift work?
• What are its features and Services?
• Which features and services does it offer?
• What is ShapeShift for Mobile?
• What is ShapeShift for Business?
• What fees can you expect to be charged for using this platform?
• Is ShapeShift Genuine or is it a Scam?
• Pros and Cons

Name of the platform: ShapeShift.com

Official Website URL: https://shapeshift.com/

Overall Rating: (2.3 / 5)

Recommended: Not Recommended

==> Here is an alternative you can try out though<==

What is ShapeShift.com?

ShapeShift exists as an instant digital assets exchange platform that lets its customers to access cryptos and to convert them to their preferred options. The platform allows the users to convert cryptos such as Bitcoin, Dash, Dogecoin, Ethereum, Monero, and ZCash. The company that runs this platform has its headquarters in Switzerland.

Owing to the fact that ShapeShift is an instant digital asset exchange platform, its services are best suited for those whose main objective is to purchase or convert one crypto or digital coin to another. With this platform, one does not have to create their account, give personal details, or go through the verification process. This means that its users are quite safe from the theft of their personal details and finances as well.

How does ShapeShift work?

This platform allows you to swap cryptos via the crypto management system that makes digital asset swapping happen in real-time. The tokens are usually stored on KeepKey. The KeepKey hardware wallet usually integrates into the cold storage digital asset management in the system. One can choose to manage their digital assets either through the web interface of the platform or by making transfers from the cold storage.

Which features and services does it offer?

This platform is essentially a digital asset exchange, hence the main service is as described above – to allow crypto owners to make crypto conversions. As of now, the platform has more than 45 cryptos that it fully supports.

It also supports altcoins such as Reddcoin, Golem, Gnosis, BlackCoin, Augur, and Potcoin.

With the above assets, one can choose to make conversions from crypto to crypto, or even crypto to altcoin. Currently, the platform does not support fiat currencies, hence one cannot purchase cryptos using fiat or political money.

What is ShapeShift for Mobile?

ShapeShift for Mobile is a mobile app offered by ShapeShift, to enable you to exchange your digital assets while on the move. You can use this app on your Android or IOS device, and access the features that are offered on the web platform. Whichever interface that you choose, ShapeShift claims that the exchange process should be easy and straightforward.

All that you are required to do is pick the crypto you are interested in depositing, select the altcoins that you would like to receive, then proceed with the transaction.

Again, just as is the case with the web platform, you do not have to create your account at the time you are using the mobile app. The only difference, in this case, is that the mobile app can retain a record of your past transaction, which is not the case with the web platform. The mobile app also gives you the flexibility to sort digital addresses that you have used in the past, either by date or by coin.

What is ShapeShift for Business?

This is a service that is designed to be used by merchants as well as ecommerce platforms. Essentially, if you are running your ecommerce platform and it supports cryptos, you can get the ShapeShift API.

With this service, you can send and receive the supported cryptos. Beyond that, this service can enable you to convert cryptocurrencies for your customers instantly.

With the above capability, you can handle a couple of cryptos without needing to sign up for multiple wallets, code branches, or even blockchain databases.

Let us assume for instance that you have a website through which you sell goods and services, and accept payment through BTC and other cryptos. To allow your customers to pay you through cryptos, you need to use the ShapeShift API.  The same applies if you need to send out payments to your suppliers using cryptos and altcoins. This will give you an edge over your competitors.

What fees can you expect to be charged for using this platform?

Unlike the other platforms that charge you varying trading fees, ShapeShift only charges you a miner fee. The amount you get charged is dependent on the type of cryptocurrency. For the main cryptos you will get charged the following Miner Fees:

• Bitcoin- 0.0025 BTC
• Bitcoin Cash – 0.0002 BCH
• Ether – 0.001 ETH
• Doge – 2.0 DOGE
• Ether Classic – 0.01 ETC
• Litecoin- 0.001 LTC

ShapeShift does not usually charge any exchange or service fee. As per their terms and conditions, the company cannot refund you on failed transactions if the amount in question is valued less than the miner fee.

If you accidentally send your tokens to an incorrect address, you will be charged 50 EUR to extract the coins.

Is ShapeShift Genuine or is it a Scam?

In my own opinion, I think this platform is genuine. It was founded back in 2013 and has been around since then. The services it offers are well-thought-of, hence it is not just existing for the sake of trying to make customers spend money that they do not need to be spending. What are the customers saying about the nature of their services? Unfortunately, this platform seems to have very poor customer ratings. On a platform such as TrustPilot, ShapeShift has a rating of (2.4/5) stars, with its services being rated as poor. One can tell that the customers are really frustrated with the services that are being offered. Some of the main concerns include:

• The exchange transactions not going through
• Poor integration with customers’ websites.
• Poor customer support
• The closure of accounts with no explanations

These are just but some of the main problems that customers are facing when using this platform, and that you possibly face if you decided to rely on it.

##My Number One recommended alternative to ShapeShift

Pros and cons

Pros

• Quick and instant
• Several cryptos offered
• The website can be accessed in about 14 major languages

Cons

• The site was hacked in 2016, and more than $200 million worth of cryptos stolen
• Poor consumer experience ratings

Final Words and Verdict

Verdict: Legit (But Not Recommended)

Overall Rating: (2.3 / 5)

ShapeShift offers a service that I think is quite superior and one that is out to fill a real gap in the market, but it has unfortunately failed to satisfy the customers. I would therefore not be very quick to recommend it. There is, however, an alternative that you can try out instead.

Here is One of The Most Effective Crypto Exchange Platforms You Will Find In The Market Today 

That will be all for my review about what ShapeShift.com is. Do you have any questions or comments about it? Feel free to drop them in the comments section. Have a great time accessing and storing your cryptos safely.

Your Friend,

Eric, Investor, and blogger at Start Make Stop Waste!

Is Paybis Legit? How efficient is it? Is there anything  unique about it but you should look forward to?  We are about to find out about that  in our comprehensive review today.  Without further ado let’s get right into it:

Name of the platform: Paybis

Official Website URL: https://paybis.com/

Overall Rating: (4.5 / 5)

Recommended: Yes

==> ( Looking for  a platform that is as great as Paybis but with extra features and benefits? Have a look at my number one recommended alternative to it)<==

Table of contents

• Is Paybis Legit?
• Which services does it offer?
• Which currencies are in the payment methods accepted by Paybis?
• Which  fees can you expect to be charged on this platform?
• Which countries is this platform supported in?
• Are there any buying limits on this platform?
• Is Paybis Genuine or is it a scam?
• Pros and Cons

Is Paybis Legit? (What is it about?)

Paybis is a  popular Bitcoin exchange platform that is based in the UK. The owners of the platform endeavour  to make it a fast and responsive exchange platform in a bid to ensure that the customers find it.  the platform,  which was founded back in 2014,  has its headquarters  in Edinburgh. Beyond offering a user interface that is very  intuitive,  the platform also presents an satisfactory collection  of cryptocurrencies that you can purchase. 

Paybis  is the brainchild of: 

• Innokenty Isers 
• Konstatin Vasilenko 
• Arturs Markevics  

 The three founders  have managed to push the company to  more than 300,000 customers,  which in my  opinion is quite impressive. 

Should Paybis, therefore be your go-to option?  Keep reading to  find out whether it actually is.

The services offered by Paybis

Paybis has a one page website on which you can access a wide variety of tools and information that you need to get started with the purchase of cryptos. Even the approach rates and fees are displayed in a manner that you can view easily.

The account signup process  is rather fast since it can be done manually or even using our customers Facebook and Google logins. Paybis sticks to the AML and KYC laws, hence you will be required to validate your identity as you purchase the cryptocurrencies. 

Every time you purchase your tokens,  you will be required to confirm the purchase through a link that Is sent to your email,  which I think is something that adds an extra level of security. Paybis  is not a custodial service,  hence you will need to get your external wallet to store  the coins that you buy. 

Which currencies are in the payment methods accepted by Paybis? 

This platform Allows customers to access and use a decent range of both fiat and digital currencies as well as payment methods.  So far the  cryptocurrencies that it offers are: 

•  Bitcoin
•  Litecoin
•  Bitcoin Cash
•  Ethereum 
•  XRP
•  Stellar Lumens
•  Binance Coin 
•  Tron
• NEO 

 These are not as many as you  we’ll find another well-developed bitcoin exchanges,  but they may be more than enough for you depending on what your exchange objectives are. Paybis  keeps on updating its list of cryptocurrency offerings,  so you can check with them from time to time to see if they are supporting a coin that you are interested in. The fiat currencies supported by this platform are USD,  GBP, EUR. 

For the payment methods you should be ready with one of the following  platforms: 

• Credit card
• Debit card
• Skrill 
• Neteller
• Payeer
• Advanced Cash
• Wire transfers
• SEPA

Which  fees can you expect to be charged on this platform?

The fees that you incur may differ significantly based on the payment method that you use,  but they will be  made known to you right at the beginning of the buying process.  The credit and debit card purchases usually attract a 10%,  which in my opinion is quite expensive. 

This  platform has a 5% markup in addition to the normal  fees that are charged for the card transactions. On the overall,  I think the cheapest way that you can buy cryptocurrencies of this platform is through SEPA Euro Transfers  that have a competitive fee of 1.5%  of the amount that is being transacted. For the other payment methods,  here at the face that you are bound to be charged: 

• Skrill- +10%
• Payeer- 8.95% 
• Neteller – +5%
• Advanced Cash – 4.95%
• USD Wire Transfer – 3% 

Which countries is this platform supported in? 

Despite being a global Bitcoin exchange platform, Paybis is still restricted in some countries. As much as they have indicated their website that they serve customers from every country,  in reality you will find that things are a little bit different.  Their services are for instance not available in some States in the US, such as Nevada,  Florida and New York.

Based on the Fiat currencies that Paybis  supports, we can tell that it is best suited for customers who are leaving the UK Europe and in the USA. 

 Are there any buying limits on this platform?

 The buying limits will worry depending on the payment method that you use as well as how far you have gone with a verification of your identity. Paybis, however, who claims to offer very generous  limits on cryptocurrencies.  Credit card purchases for instance have a daily limit of $20000, and a monthly limit of $50000.

If you are ever want to do large purchases the best approach for you would be to rely on SEPA transfers, for which there is a $200,000 weekly limit, upon going through with the highest identity verification level. 

Is Paybis Genuine or is it a Scam?

Paybis Happens to be one of the very few platforms that have a near-perfect score all consumer trust sites such as TrustPilot. On Trustpilot, this  platform has a rating of (4.6/5) stars, based on  more than 8000 customer reviews.  This called me mainly as a result of the prompt responses that the support team  gives to the customers.  There was barely any  dissatisfied  customers  on the various platforms that pertain to the nature of the services that are offered.  There are some customers who are not very happy with the fee structure,  but there is no doubt that this platform is offering reliable services. 

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Pros and cons 

Pros

• It is easy to use and has an intuitive user interface
• Very impressive reputation on online consumer trust sites.
• It is regulated 

Cons

• The fees are relatively high 
• There are georestrictions 

Final Words and Verdict

Verdict: Legit ( A good option who do not mind a limited collection of cryptocurrencies)

Overall Rating: (4.5 / 5)

Paybis is an impressive platform that I think is one that I would not mind recommending to those who just want to purchase cryptos with the intention of transferring them to their external wallets. If you, however, want to sign up for a platform that offers you all features that you need, including a safe wallet, then you cam have a look at look at my number one recommended alternative to Paybis.

Recommended Alternative to Paybis- A Comprehensive Review

Thank you for sticking through till the end of my review about whether Paybis is legit. I hope you enjoyed it and that you are now well aware of the benefits that you stand to gain by signing up for your account, or even using the recommended alternative ( depending on your needs).

Your Friend,

Eric, Investor and blogger at Start Make Stop Waste!

What is Bibox Exchange? How reliable and effective is it? Does it have anything unique about it? This is exactly what we shall be covering in today’s review, so sit in tight as we unearth these and more elements about this platform. Here is the outline that the review will take:

• What is Bibox Exchange?
• What can you expect from the exchange platform?
• The exchange markets on Bibox
• The fees you can expect to be charged on this platform
•  Is this platform secure and fair?
• Is Bibox genuine or is it a scam?
• Pros and Cons

Name of the platform: Bibox Exchange

Official Website URL: https://www.bibox.com/

Overall Rating: (3 / 5)

Recommended: Not Recommended

==> Try This Alternative ( Check out The Extra Features and Benefits)<==

What is Bibox Exchange?

Bibox Is a unique digital assets exchange platform that makes use of advanced artificial intelligence algorithms to assist its users to make optimal trades and efficient transactions.  the platform was founded back in 2017, by a team of Chinese crypto experts who are also well-versed with blockchain technology. The Bibox team includes:

•  The co-founder of OKCoin
•  Founding members of Huobi

If you know much about crypto exchange platforms, then you understand that OKCoin and Huobi are some of the widely known crypto exchange platforms in China as well as the rest of the world.

Bibox has a team that is highly competent to run the platform that serves a global clientele. It is however unregulated, but it is still safe for use.  let us dig deeper into what the platform has to offer.

What to expect on the exchange platform?

Bibox presents its customers with a reliable web-based trading platform that can be accessed right from the official website. This platform is beautifully designed to ensure that customers can use it easily and understand all the features without requiring any technical training. As a trader you can review the basic platform or you can choose to move to the full screen mode.  with the full screen mode, you can access the analysis tools.  I therefore think that this mode is best suited for the experienced Traders.

That said however, both the versions have the same features, only that the layout is different.  Traders with different levels of expertise can access the sophisticated charts on which there are technical indicators as well as charting tools that come in handy during the analysis of the prices of the cryptocurrencies.  Traders also have the liberty to place multiple orders including:

• Market orders
• Limit orders
•  Stop-losses

The one thing that sets apart this platform from its competitors, is that it has Incorporated artificial intelligence modules along with other smart tools that make it possible for trade deals to be executed without there being any need for human interaction. There is however, not enough information on how their enhanced artificial intelligence modules work.

Another exceptional thing about Bibox is that they have implemented distributed cluster architecture that enhances the stability of the entire exchange platform. Not forgetting that this exchange platform is fully compatible with a wide range of mobile devices, through which the downloadable application can be accessed.

The exchange markets on Bibox

Bibox exists as a crypto exchange platform, that only allows for crypto tokens to be traded.  as of now the platform does not support Fiat currencies. This means that traders have to purchase cryptocurrencies from other platforms before using them on this platform. That said, customers can trade in the following markets:

• BTC
• ETH
• USDT
• DAI.

The DAI cryptocurrency is decentralized just like USDT. Its value is pegged to USD, and they’re cryptos that can be exchanged under this market our only bitcoin and Ethereum.

The Tether Market allows you to exchange the following coins:

• Bitcoin
• Ethereum
• Litecoin
• Quantum
• Bibox Token
• Neo
• Eos

Bitcoin and Ethereum markets happen to be quite large, in the way they allow for customers to trade in a much larger number of tokens. Bibox has a collection of more than 50 tokens that you can trade against BTC and ETH.

The fees you can expect to be charged on this platform

Bibox Has its own token known as the Bibox Token. Those who use this token usually gets discounts during various transactions.  I think this is Bibox’s way of trying to incentivize Traders to   hold the Bibox Token.

The traders who have not purchased this token usually pay are 0.1% trading fee on all the trades they partake in. This platform does not charge any type of fees for depositing in cryptocurrencies, but one will get charged when they will draw cryptos from the exchange platform. The withdraw charges are 1% of the amount withdrawn, with the minimum amount being $15. The platform’s owners have not stated clearly how much discount you are bound to receive when you pay the face using the Bibox token.

 Is this platform secure and fair?

Bibox Has Sophie tried to implement some of the latest in the most advanced security protocols in a bid to protect their customers’ information and money. Some of the outstanding security protocols used by Bibox include:

• SSL encryption technology
• Two-factor authentication through email
• Two-factor authentication through SMS
• The Google two-factor Authenticator

This platform also claims to store a majority of its customers’ funds in cold storage wallets. This means that even if the exchange is hacked, then the customers’ funds are safe.

 How is support offered on this platform?

Bibox offers support through email in what is known as a support ticket system.  the owners of the platform claim that the support is exceptionally good and that’s the other representatives waiting on the other end to respond to your issues in a very professional manner. If you do not want to reach out to the support staff, you can visit the FAQ section  to view the answers to some of the questions that you may have,  though this section is somehow Limited.  Not forgetting that the platform has social media accounts that have a healthy presence.

Is Bibox genuine or is it a Scam?

In my own opinion this platform is genuine.  It is one that exists in the one that is serving customers by providing the services advertised on the official website.

I however took the time to dig into what the customers are saying about the nature of its services.  Only 19% of its customers think that these platforms services are excellent.  The largest percentage actually thinks that the services are bad.  with a rating of (3/ 5 stars) on Trustpilot, the platform has more of an average platform. The other reviews on consumer Trust sites also paint the picture of an average crypto exchange. It is good to not however that Bibox has not been hacked so far, and is therefore one that is doing great in terms of security.  If you are however looking for a platform that is performing well on an all-around basis, then you can try out my number one recommended alternative to Bibox.

==> Recommended Alternative To Bibox Exchange<==

Pros and Cons

Pros

• The platform is easy to navigate
• Very low trading fees
• AI modules
• Large collection of crypto assets

Cons

•  This platform is not regulated
•  Does not support Fiat currencies

Final Words and Verdict

Verdict: Legit (But Not Recommended)

Overall Rating: (3 / 5)

Bibox Exchange is an average platform that has been around for a couple of years now. Its founders have played a crucial role in the crypto industry by creating other well-known exchanges. Bibox is quite secure, and were it not for the low customer ratings, i’d have recommended it right away. You can, however, look at what my recommended alternative has to offer, then you can be the judge of the platform that will help you meet your needs the best.

Number One Recommded Alternative To Bibox Exchange 

That will be all for today’s review on what Bibox Exchange is about. If you have any questions, you can drop them in the comments’ section. I will get back to you with a reply as soon as I can.

Your Friend,

Eric, Investor and Blogger at Start Make Stop Waste!