Xapo Bank
Xapo Bank is the world’s first Bitcoin-enabled bank, fully integrating traditional financial services with the cryptocurrency economy. Founded in 2013, Xapo began as a Bitcoin wallet provider and has since evolved into a regulated Bitcoin banking institution, bridging the gap between legacy banking and digital assets. The bank offers a seamless crypto-banking experience, combining the security, stability, and regulatory safeguards of traditional banking with the innovation and flexibility of digital finance. Xapo Bank provides a comprehensive range of services, including interest-bearing savings accounts on both Bitcoin and USD deposits, stock trading capabilities for diversified investment, and a highly secure BTC Vault for institutional-grade digital asset custody. To ensure maximum protection, Xapo leverages a physical bunker combined with MPC technology, a state-of-the-art security solution for safeguarding Bitcoin reserves. Additionally, USD deposits are guaranteed up to the equivalent of €100,000, offering clients both security and peace of mind.
ABOUT XAPO BANK
Xapo Bank is a dual-licensed bank and Virtual Asset Service Provider (VASP) that allows customers to seamlessly transact in both fiat and Bitcoin currencies.
Originally launched as a Bitcoin wallet provider, Xapo evolved into an e-money wallet before transitioning into a fully regulated digital-first retail bank and virtual asset custodian.
Often referred to as the “Fort Knox of Bitcoin,” Xapo Bank combines physical vault infrastructure with MPC (Multi-Party Computation) technology to deliver institutional-grade security for its members.
Designed to bridge traditional banking with Bitcoin, Xapo enables its global client base to maximize the value of their digital assets by offering competitive yields—without the need to stake, lend, or lock up funds.
KEY FEATURES & SERVICES
Traditional Banking – Xapo Bank offers USD bank accounts with a 4.1% annual interest rate, providing the security and familiarity of conventional banking within a crypto-integrated platform.
Bitcoin Integration – Users can deposit, withdraw, buy, and sell Bitcoin directly through Xapo’s platform. Bitcoin holdings earn 1% annual interest, allowing members to grow their BTC without compromising security.
Blockchain Transactions – Leveraging blockchain technology, Xapo facilitates fast, low-cost international transfers, giving users a more efficient alternative to legacy cross-border payment systems.
Regulation & Security – Xapo Bank is regulated by the Gibraltar Financial Services Commission (GFSC) and participates in the Gibraltar Deposit Guarantee Scheme, ensuring client funds are protected. The bank’s security framework combines a physical vault with advanced MPC cryptography, offering one of the most secure Bitcoin custody solutions available.
Global Access – With the Xapo Bank debit card, members can access their funds worldwide for withdrawals and purchases. ATM availability depends on local operators and may include third-party fees.