So, i'm just starting out and I got Xapo in order to collect some satoshi to play around with. I was wondering if Xapo is safe to use? It lets me instantly transfer money from faucets to my wallet so I don't have to "collect X amount before cashing out". I've heard that online wallets can be insecure, should I get a safer (desktop?) wallet and transfer what I collect there, or will I be fine using Xapo? Thanks!
Yes, it is one of the safest so far. I heard they store their cold storage private keys in a place with military level of security. I have been using it for some time and no problem at all. However, I think you shouldn't put all eggs in one basket. Try paper or hardware wallets if you are thinking of longer term storage.