What is Xapo Bank?

Xapo Bank is the first fully licensed and regulated bank for the crypto-native, and is a secure bridge that links the crypto world to the fiat world, all from one app.

• USD bank account generating 4.6% annual interest*, paid out daily
• Bitcoin wallet generating 0.9% annual interest*, paid out daily
• Global debit card with zero fees* on foreign exchange transactions
• Up to 1% cash back on all global Xapo Bank debit card transactions
• Connect to blockchain rails and transact in USDC and USDT, with instant and automatic conversions to and from US Dollars
• Deposit and withdraw British Pounds and Euros via the Faster Payments System (FPS) and Single Euro Payments Area (SEPA)
• Dedicated account manager to help you get the most out of Xapo Bank

Xapo Bank aims to harness the potential of Bitcoin and blockchain technology by offering a secure, simple, and trusted platform that allows members to grow and protect their wealth. It’s also a bridge between digital assets and traditional finance, with the chance to earn high annual interest on US Dollars and Bitcoin with daily payouts. 

In addition, Xapo Bank offers a seamless connection to USDC and USDT blockchain rails for fast, reliable, and cheap global payments. This integration provides unparalleled flexibility for transacting and managing money within the same banking app. 

‍Xapo Bank is committed to security, transparency, charging fair fees for its services, and simplifying the crypto ecosystem for everyone, everywhere.

Yes, Xapo Bank is a safe option to consider if you want to protect and grow your wealth. Our mission is to help members grow their wealth safely, which is why security is one of our major pillars.

As a credit institution (bank) and Distributed Ledger Technology (DLT) provider licensed and regulated by the Gibraltar Financial Services Commission, we implement institutional-grade physical and digital security measures as well as safe cold storage facilities.

‍We also offer uncompromised financial protection. Members’ fiat deposits are insured by the Gibraltar Deposit Guarantee Scheme (GDGS) up to the USD equivalent of €100,000. The GDGS provides the same level of consumer protection as the schemes applied in the UK and European Economic Area.

‍Last but not least, we have one of the largest Bitcoin reserves in the world, providing an unparalleled level of protection and security for our members’ BTC deposits.

Xapo Bank is an all-in-one crypto-native banking option that helps members grow their wealth securely. 

Members benefit from a US Dollar bank account with a competitive annual interest rate of 4.6% on USD deposits, paid out daily to help them steadily grow their wealth. The USD bank account comes with a global debit card that allows members to spend their money anywhere, with zero fees on foreign exchange transactions, while earning up to 1% cashback as they spend.

At Xapo Bank, members can also unlock the benefits of Bitcoin. They can send, receive and hold Bitcoin using their BTC wallet, and earn 0.9% annual interest on their BTC which is also paid out daily.

Above all, we believe it’s important to be able to have access to your money whenever and wherever you want, with no lock-in periods or hidden fees.

Xapo Bank is a blockchain-enabled bank with 10 years of experience in the crypto ecosystem. We are bringing the best of traditional finance and crypto together to revolutionise the way people store, grow, protect, and transact their wealth.

Besides having access to a Bitcoin wallet, Xapo Bank members can enjoy the speed and flexibility of Bitcoin transfers. We are the world’s first bank to integrate with the Bitcoin Lightning Network allowing members to make near-instant and cheap BTC transfers.

We’re also the first to integrate blockchain rails directly into a bank. Members can send and receive USDC and USDT using their USD bank account with automatic and instant conversions.