Features, Benefits and How it Works
Xapo Bank from Gibraltar is a neobank that merges traditional banking with digital asset management, primarily focusing on Bitcoin. It allows users to hold Bitcoin in addition to offering standard fiat banking services like savings accounts and international transfers.
Xapo Bank emphasizes security and compliance, operating under Gibraltar’s financial regulatory framework, which is known for being crypto-friendly. The platform is designed for individuals and institutions looking to manage both fiat and cryptocurrency in a secure environment.
Overall, Xapo Bank also offers banking features such as deposit protection and interest on Bitcoin holdings, creating a bridge between traditional and digital finance.
Founded: 2014
Headquarters: Gibraltar
Users: unknown
Countries available: Gibraltar and United Kingdom
Account plans: checking and savings accounts for personal users