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!
Well first of all let me start off by saying that faucets are not really that profitable to use. That's why there are so many faucet owners nowadays. Having cheap impressions on ads is very profitable for themselves, not you.
But yes, Xapo should be safe for now, but anyone can pull a runner.
Xapo is good for faucet earnings and it's just the start. Nobody can make a living from faucets but they'll at least get to know what bitcoins actually are. Xapo has a license and hence it would be tough for a Xapo wallet to be shut down compared to Blockchain. They can not run away with our money.