XT.com review: Exchange Fees, Features, and Security

Are you looking to invest in cryptocurrencies but not sure which exchange to use? Look no further than XT.com! With over 6 million registered users and support for multiple languages, this social-infused trading platform is quickly becoming a popular choice among cryptocurrency traders.

In this review, we’ll dive into the features and benefits of XT.com, from its low trading fees to its user-friendly interface, so you can decide if it’s the right exchange for you.

XT.com Overview

XT.COM is a cryptocurrency trading platform that offers a wide range of services for traders interested in different types of cryptocurrencies, including OTC, spot, margin, contract, and derivative trading. The platform also provides crypto investment services for both beginners and experienced investors.

Traders can benefit from a variety of trading options, including currency and OTC transactions, token and futures trading, credit card asset purchases, and margin trading/leverage transactions. Advanced users can take advantage of staking, saving, and mining options.

To ensure a secure trading experience, XT.COM has implemented DDoS attack protection, a three-private-key security structure, and cold wallets to store user accounts and digital assets. Additionally, the platform provides a user-friendly app for Windows/Android/iOS, an intuitive registration process, a P2P marketplace for buying and selling cryptos, and a high-performance matching engine for fast and efficient transactions.

XT.COM boasts over 6 million registered users, with more than 500,000 monthly active users and 40+ million users in the ecosystem worldwide. The platform aims to cater to its large user base by providing a diverse range of trading categories and an NFT aggregated marketplace while offering a secure and intuitive trading experience.

As the world’s first social-infused digital assets trading platform, XT.COM has incorporated social networking platform-based transactions to make its crypto services more accessible to users worldwide. The platform prioritizes user security and ensures optimal data integrity and security to safeguard users’ assets.

Pros and Cons

Pros	Cons
A wide range of trading pairs is available	Limited liquidity on some pairs
Low trading fees	Relatively new exchange with a less established reputation
User-friendly interface	Limited deposit and withdrawal options
High level of security and compliance
24/7 customer support
Fast transaction processing

XT.com Trading Platform Features Explained

Margin Trading

With margin trading on XT.com, users can borrow funds from the exchange to increase their buying power and potentially increase their profits. To open a margin position, users need to deposit collateral, which can be in the form of cryptocurrency or fiat currency.

The amount of funds that users can borrow depends on the collateral they deposit and the leverage they choose. XT.com offers leverage up to 20x for some trading pairs.

Margin trading on XT.com also involves paying interest on the borrowed funds, which varies depending on the trading pair and the amount borrowed.

Derivative Trading

1. Futures trading: Users can trade futures contracts on various cryptocurrencies, allowing them to speculate on the price of these assets without actually owning them.
2. Perpetual contracts: In addition to futures contracts, XT.com offers perpetual contracts, similar to futures contracts but without an expiry date.
3. Margin trading: Users can trade with leverage, meaning they can open positions that are larger than their account balance. This allows for greater profit potential but also carries higher risk.
4. Multiple order types: XT.com supports a variety of order types, including market orders, limit orders, and stop orders, which can help traders manage risk and optimize their trades.
5. Low fees: XT.com charges relatively low fees for derivative trading, with trading fees starting at 0.015% and decreasing for higher trading volumes.
6. Advanced trading tools: XT.com’s trading platform includes various advanced tools and features, such as real-time market data, charting tools, and risk management tools.

Staking and Earn

XT.com offers staking for several cryptocurrencies including XTZ, ETH, USDT, EOS, KAVA, TRX, and XWC with varying APYs, durations, and minimum amounts.

Users can stake their tokens for passive income with rewards distributed regularly. The minimum staking requirement and risks vary depending on the cryptocurrency.

XT.com Supported Cryptocurrencies

The trading platform provides users with access to over 500 tokens and 800 trading pairs. Some popular Digital assets are:

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Binance Coin (BNB)
4. Cardano (ADA)
5. Dogecoin (DOGE)
6. Polkadot (DOT)
7. Ripple (XRP)
8. Chainlink (LINK)
9. Litecoin (LTC)
10. Bitcoin Cash (BCH)

XT.com Fees

On XT.COM, users are not charged any cryptocurrency deposit fees; however, fees for other deposit methods may differ. For spot orders, the trading fees start at 0.05% for makers and 0.2% for takers. Withdrawal fees for cryptocurrencies vary according to each specific token and are not fixed.

XT.com may charge other fees for services such as OTC trading, margin borrowing, and API trading. It also offers a membership program that provides various benefits to users, and the membership fees vary based on the level of membership chosen.

XT.com Security Review

XT.com has implemented several security measures to protect its users and their assets. Here are some of the security features:

1. Two-factor authentication (2FA): Users can enable 2FA to add an extra layer of security to their accounts. This feature requires users to enter a unique code generated by an authentication app or sent via SMS to access their accounts.
2. Cold storage: The majority of users’ assets are stored in cold storage wallets, which are offline and not connected to the internet. This greatly reduces the risk of hacking or theft.
3. Anti-DDoS protection: XT.com has implemented anti-DDoS (distributed denial-of-service) protection to prevent malicious attacks that could disrupt the exchange’s services.
4. IP whitelist: Users can set an IP whitelist, which restricts access to their accounts to only specific IP addresses. This helps to prevent unauthorized access to their accounts.
5. Multi-level risk control: XT.com has implemented multi-level risk control mechanisms to prevent abnormal transactions and ensure the security of users’ assets.
6. Regular security audits: The Exchange conducts regular security audits to identify and fix any vulnerabilities in its systems and processes.
7. KYC and AML compliance: It follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to prevent fraud and illicit activities.

XT.com Customer Support

XT.com provides customer support through various channels, including email, live chat, and social media. The exchange’s customer support team is available 24/7 to assist users with any issues or questions they may have.

It also has an extensive FAQ section on its website, which covers a wide range of topics related to trading, deposits and withdrawals, security, and more. This can be a helpful resource for users who prefer to find answers to their questions on their own.

Furthermore, The Exchange has a dedicated help center, which provides a range of resources, including tutorials, guides, and trading tips. The help center is designed to assist users in becoming more informed and confident traders.

XT.com user Expereince

Some users have praised XT.com for its user-friendly interface, which makes it easy to navigate and trade cryptocurrencies. Others have noted that the exchange provides fast and reliable trading execution, with minimal slippage or delays.

Furthermore, users have appreciated the variety of cryptocurrencies and trading pairs available on the platform, which allows them to diversify their portfolios and take advantage of market opportunities.

The Exchange receives a rating of 3.8/5 on Trust Pilot and 4.2/5 on G2. It is considered User Friendly and secure Platform for crypto Trading.

XT.com Payment Methods

XT.com supports various payment methods for depositing and withdrawing funds. These payment methods include:

1. Cryptocurrency deposits and withdrawals: It supports deposits and withdrawals for a wide range of cryptocurrencies, including BTC, ETH, LTC, and more.
2. Bank transfer: Users can also deposit and withdraw funds using bank transfers. Bank transfer fees and processing times may vary depending on the user’s bank and location.
3. Credit/debit cards: It allows users to deposit funds using credit/debit cards, including Visa and Mastercard. However, some cards may not be supported, and additional fees may apply.
4. E-wallets: E-wallets such as Skrill and Neteller are also supported for deposits.

XT.com Supported Countries

XT.com supports users from a wide range of countries, including but not limited to the United States, Canada, Australia, the United Kingdom, Germany, France, Spain, Italy, Japan, South Korea, Singapore, and many more.

The platform supports over 10 languages and offers its services to users in the United States. Users can easily register and access various financial activities through the support service.

How to Open an Account With XT.com Exchange

To open an account with XT.com, follow these steps:

1. Go to the XT.com website and click on the “Sign Up” button.
2. Enter your email address, create a strong password, and agree to the terms of service.
3. Verify your email address by clicking on the verification link sent to your email.
4. Complete the KYC (Know Your Customer) process by submitting a government-issued ID and a selfie of yourself holding the ID.
5. Wait for the verification process to be completed, which usually takes a few minutes to a few hours.
6. Once verified, you can fund your account by depositing cryptocurrencies or fiat currencies.
7. Start trading on the platform by selecting your desired cryptocurrency pair and entering your trade details.

Alternatives! Comparison With other Exchanges

Exchange	Crypto Assets	Trading Fees	Rating	Promotion	Review
XT.com	600+	Spot: Maker 0.05% / Taker 0.2%	4.5/5 ★★★★☆	Up to $500 deposit bonus	XT.com Review
Bitfinex	200+	Spot: Maker 0.1% / Taker 0.2%, Margin: 0.1% to 0.2%	4.2/5 ★★★★☆	Up to 6.2% APR on staking	Bitfinex Review
MEXC Global	1500+	Spot: Maker 0% / Taker 0.2%, Futures: Maker 0.02% / Taker 0.06%	4.3/5 ★★★★☆	Up to $1,000 bonus	MEXC Global Review
Bithumb	250+	0.15% to 0.25%	4.4/5 ★★★★☆	Up to $100 welcome bonus	Bithumb Review

Final Thoughts

In Summary, XT.com is a reputable cryptocurrency exchange that provides a secure and reliable platform for traders to buy, sell, and trade digital assets. With a user-friendly interface, support for multiple languages, and a variety of payment methods, the exchange is accessible to users from all over the world.

Additionally, the exchange’s low trading fees, lack of deposit fees for cryptocurrencies, and 24/7 customer support make it an attractive option for investors of all levels.

While there are some areas for improvement, such as the limited number of payment methods and the lack of Liquidity for some assets. overall, XT.com is a solid choice for anyone looking to enter the cryptocurrency market.

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