The Cryptopay blog
The Cryptopay blog

Xapo vs Cryptopay: Debit Card Comparison

In the end of this article you will be able to choose between Xapo and Cryptopay bitcoin debit cards.

If you have to make a choice, let it be the conscious one.

Xapo and Cryptopay debit cards are used by thousands of people, which makes them stand among the most discussed solutions across the web. So, whether you’re up to order a plastic bitcoin card, they would be in your research list anyway.

We’ve decided to compare both Xapo and Cryptopay bitcoin cards to explain differences to our users and those who are stuck in between. So, let’s rub the plastic and see what’s hidden in its core.

Xapo wallet vs Cryptopay FLEX accounts

By many traits all bitcoin cards are very similar and that’s what makes the choice so hard: you just don’t know where to begin. We suggest you to look upon the payment processing first.

All you need to know about Xapo is that it ties its debit card to the bitcoin wallet. This approach has both pros and cons. From the point of UX all you need to do is to swipe your card to pay with bitcoins directly from your main wallet in the system. Seems like a good option for an active bitcoin user, but let’s dive more into the purchase anatomy.


Imagine that you’re buying shoes worth $ 100 in the local shoe store with Xapo debit card. You swipe it and the store sends a request to ensure you have enough money on your account. Xapo rechecks your bitcoin wallet and reserves bitcoins worth $ 100 according to the current Xapo exchange rate, which often is above the market to generate the profit.


Cryptopay processes payments differently. It uses so-called FLEX accounts, which involves manual deposits.

Let’s get back to the $ 100 shoes example.

With Cryptopay debit card you need to manually load the desired amount of money in the currency you want to spend (by converting other currency or by the deposit) and then make a purchase as usual. Again you should exchange them by using Cryptopay exchange rates, but in this case you may abort the exchange and choose another exchange vendor with better rates. In other words, FLEX accounts give you more flexibility, while Xapo enforces using its own rates.


Who is in control of your money?

Another major difference between Xapo and Cryptopay debit cards lies in account available balance transparency. Xapo card users can see the amount of bitcoins in the wallet and estimate the sum in USD, but as we’ve mentioned above, the exchange rates here may not correlate with other services and the average market rate. Therefore, you can’t actually figure out how much money has left in your wallet. Sad, but true.


Bitcoin price is already volatile by its nature and Xapo has the right to change the price internally, so the available balance can be somewhat confusing for new users and result in unplanned losses even for more experienced bitcoin owners.

In its turn, Cryptopay divides the available balance by currencies, so you can see the exact amount of USD, GBP and bitcoins left. After you’ve exchanged bitcoins or loaded your card, you see the exact balance in the same currency. This means you know how much money has left without the need to calculate rates.


Security considerations

Security is one of the most crucial points, when it comes to guarding the money. Despite the bitcoin industry may be called as somewhat shady, there are a few strict regulations, which all (well, almost all to be honest) providers stick to. So, there is not much difference between money protection measures for Xapo and Cryptopay.

Both bitcoin debit cards use card PIN to verify the ownership for purchases and withdrawals. It’s not different from the common Visa PIN protection and has worked well for more than 40 years of banking. Two-factor authorization is also used by both providers to protect the account and money from unauthorized access.

Cryptopay and Xapo cards can be verified, which increases daily withdrawal and deposit limits. Verification process is somewhat complicated, because requires sending the copy of the personal ID.

Cryptopay also uses the device authorization to further protect your account (and therefore debit card) from frauds. When somebody is trying to access your account from the different computer, the system warns the owner and blocks new device from accessing funds until you’d authorize it manually.


How much is for the piece of plastic?

It’s time for you to already have a general picture of Xapo and Cryptopay debit cards. Here are some words about the overall prices to finish it.

First of all, ordering Xapo debit card will result in $ 20 for its owner, while Cryptopay bitcoin card is $ 15. Both providers charge $ 1/mo service fee and some operational fees are also look the same.

Xapo Cryptopay
ATM Transaction/Withdrawal fee $ 2.50 $ 2.50
Foreign ATM Transaction/Withdrawal fee $ 3.50 $ 3.50
Foreign Transaction fee $ 3.50 $ 3.50

Compare Xapo and Cryptopay by yourself

Hope this article will help you making a conscious choice between Xapo and Cryptopay bitcoin debit cards from the points of payment processing, account transparency and security. Below is the table to summarize the results.

Don’t take anything for granted in the world of bitcoin, research both Cryptopay and Xapo cards by yourself and make your own choice.

Feature Cryptopay Xapo
Acceptable worldwide + +
Maintenance fee $ 1/mo $ 1/mo
Online support + +
Verification + +
ATM Support + +
PIN Protected + +
Two-factor authorization + +
Manual currency exchange + -
Device authorization + -
Account balance transparency + -
Price $ 15 $ 20

Order our
Plastic card

  • Accepted online & offline
  • Instant payments
  • Multi-factor protection
  • Pay for what you use
Learn more

..or our virtual one.
It's all good

  • Web-shopping without headache
  • Best for recurring payments
  • Set up & go
Learn more