Post
Topic
Board Altcoin Discussion
Re: Stay away from online mobile wallets with no backup phrase
by
tabas
on 11/07/2019, 21:59:42 UTC
For example I lost my bitcoin to xapo wallet since 2018 and they denied me of my coins after sending them mails.
Sorry about your loss with xapo, I've used them before but didn't deposit that much. Your reminder about not using online wallets is actually true, there are newbies these days that prefer to use such wallets because they think it's reliable and they are strong in security but the reality is they are not. If something turns badly, you'll be left behind together with your coins and you don't have a way to claim it.