July 13, 2024
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XT.COM Crypto Exchange Review: Honest Insights

XT.COM Crypto Exchange Review: Honest Insights

Welcome to my XT.COM review, where I’ll give you a detailed look at this well-known cryptocurrency trading platform. XT.COM is a top digital asset exchange that meets the changing needs of the crypto market. It offers a safe and legal place for both new and seasoned traders. With a wide selection of cryptocurrencies, from Bitcoin (BTC) and Ethereum (ETH) to altcoins like Cardano (ADA) and Solana (SOL), XT.COM draws in a wide range of crypto fans.

Key Takeaways

  • XT.COM supports a wide range of cryptocurrencies, including both mainstream and emerging coins.
  • The platform offers various trading pairs, ensuring flexibility for diverse trading strategies.
  • XT.COM caters to different sectors, encompassing gaming, social media, and decentralized finance (DeFi).
  • The user interface is designed to be intuitive and user-friendly.
  • XT.COM employs robust security measures, including two-factor authentication and cold storage.
  • The platform maintains competitive trading fees, making it accessible to a broad audience.
  • XT.COM is continually evolving to meet regulatory standards, promoting a trustworthy trading environment.

Introduction to XT.COM Crypto Exchange

During my review of XT.COM, I found it started in 2018. It has grown a lot, now having over 6 million users by September 2022. XT.COM is all about giving users a secure and efficient way to trade.

XT.COM is known for its wide reach, with over 40 million users in its ecosystem and more than half a million active users every month. It supports trading in 11 languages, including Thai and Vietnamese, making it more global.

XT.COM is serious about secure transactions. It charges a 0.20% trading fee for takers but only 0.05% for makers. You can also buy six major digital currencies with a credit or debit card, like BTC, ETH, LINK, LTC, XRP, and USDT.

But, XT.COM has faced some issues. Users have reported scams, frozen accounts, and wrong market prices. These problems show how important it is to keep improving to gain trust and meet user needs.

Here’s a quick look at some of the key details for XT.COM:

Feature Details
Registered Users 6 million
Monthly Active Users Over 500,000
Supported Languages 11 (including Thai and Vietnamese)
Trading Fee (Takers) 0.20%
Trading Fee (Makers) 0.05%
Withdrawal Fee (BTC) 0.001 BTC
Fiat Channels for Deposits 13
Purchase Options BTC, ETH, LINK, LTC, XRP, USDT via credit/debit cards

Wide Range of Supported Cryptocurrencies on XT.COM

XT.COM is a top choice for trading cryptocurrencies. It offers over 500 digital assets and 1044 trading pairs. This means traders can easily create a diverse crypto portfolio.

Popular Coins Supported

XT.COM supports many top digital currencies. You can find big names like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Tether (USDT), and Chainlink (LINK). This makes it easy for traders to invest in well-known cryptocurrencies.

Trading Pairs Offered

XT.COM has about 300 trading pairs, with the BTC/USDT pair being the most traded. It has an average daily trading volume of $328 million. Other key pairs include ETH/USDT, ADA/USDT, and LINK/USDT.

The platform uses a self-developed matching engine. This engine supports over 3 million transactions per second at the same time. This makes trading fast and efficient.

Emerging Cryptocurrencies on XT.COM

XT.COM also adds new and emerging cryptocurrencies to its list. This lets traders explore new investment chances. By adding both well-known and lesser-known digital assets, users can diversify their portfolios.

The process of adding new coins involves applications and thorough checks. This ensures the quality of the coins listed.

User Experience on XT.COM

XT.COM shines with its easy-to-use interface and smart design. It works great whether you’re on your computer or using your phone for cryptocurrency trading. This makes trading smooth and efficient.

User Interface and Design

XT.COM’s design is perfect for both new and experienced traders. Its clean layout and well-placed features make trading simple. You can easily find options like contract, OTC, and margin trading.

This design helps you interact with the trading world easily. It makes doing trades and managing your account straightforward.

Mobile App Functionality

The mobile app of XT.COM puts the trading platform in your pocket. It works on Android and iOS devices, letting you trade cryptocurrencies anywhere. You can check market trends, make trades, and manage your portfolio from anywhere.

The app has all the key features of the desktop version. This ensures a full trading experience right on your phone.

Ease of Navigation

XT.COM is easy to navigate, thanks to its well-organized menu and design. The homepage has quick links to important services like trading options, account management, and support. Its high-performance engine can handle over 3 million transactions per second, making trades fast and efficient.

This platform’s easy navigation means you spend less time looking for things. You can focus more on trading.

Feature Description
User-Friendly Design Intuitive interface catering to all user levels.
Mobile App Available on Android and iOS for trading on the go.
Quick Navigation Easily access trading pairs, account management, and support.
High Performance Supporting over 3 million transactions per second.

Security Features of XT.COM

XT.COM puts the safety of users’ assets first. It uses strong measures to make sure transactions are secure. This makes the platform a trusted place for crypto exchange security. Let me show you some key security features that make XT.COM stand out.

Two-Factor Authentication

Two-factor authentication (2FA) is key to keeping accounts safe on XT.COM. It asks users for a second verification step, making it harder for unauthorized people to get in. This easy-to-set-up feature gives users peace of mind by adding an extra security layer.

Cold Storage Strategies

XT.COM is known for its cold storage wallets, which keep most digital assets safe. Cold storage means assets are kept offline, away from hackers. This makes the platform more secure, keeping users’ assets in a very safe place.

Continuous Monitoring and Updates

XT.COM is always on the lookout for threats and updates regularly. This keeps the platform safe and up-to-date. By staying ahead, XT.COM shows it’s serious about secure transactions and a safe trading space.

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Security Feature Detail Benefit
Two-Factor Authentication Requires both password and additional verification step Reduces risk of unauthorized access
Cold Storage Wallets Stores digital assets offline Enhances protection against hacking
Continuous Monitoring Regular surveillance for potential threats Ensures up-to-date security defenses

Trading Fees and Costs

For those who trade often, knowing about crypto exchange fees is key to making more money. XT.COM has a clear fee plan that helps traders make smart choices.

Fee Structure Breakdown

XT.COM has a transparent and competitive fee plan:

  • Average trading fee rate: 0.1% per transaction.
  • Depositing cryptocurrencies costs range from 0.0005 BTC to 0.01 BTC per transaction.
  • Withdrawal fees vary depending on the cryptocurrency, often ranging from 0.0005 BTC to 0.01 BTC per transaction.
  • Users incur an average trading volume fee of 0.2% for transactions exceeding $1,000 in value.

XT.COM’s fee benefits are clear in its detailed fee breakdown. This helps traders plan their budgets better.

Comparative Fee Analysis

When we look at XT.COM and other big exchanges, its costs are really competitive. This is especially true when we compare it to KuCoin:

Exchange Average Trading Fee Deposit Costs Withdrawal Fees
XT.COM 0.1% 0.0005 – 0.01 BTC 0.0005 – 0.01 BTC
KuCoin 0.1% Varies Varies

Promotion and Discounts

XT.COM also offers promotions and discounts to make things better for users:

  • 50% discount on trading fees for those holding a specific amount of XT.COM’s native token.
  • Reduced fees for high-frequency traders, encouraging increased trading volumes.

These deals make XT.COM a top choice, thanks to its great fees. By offering these discounts, the platform helps traders save money and do better in trading.

XT.COM Crypto Exchange Review

In my detailed look at XT.COM, I found many reasons why it stands out in the crypto trading world. It has a lot of traffic, thanks to its Tranco ranking, and uses a valid SSL certificate for safe transactions.

XT.COM offers over 100+ high-quality currencies, 500+ tokens, and more than 900+ trading pairs. This means users can trade well-known coins like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). They can also explore altcoins such as Solana (SOL) and Dogecoin (DOGE).

The exchange has 182 backlinks, showing it’s well-known online. It’s been around for 26 years from now, which suggests it might be stable for a long time. XT.com also offers 24/7 customer support in many languages, including English and Arabic.

Even though XT.COM is seen as safe by some, reviews from users tell a different story. They give it an average score of 1.5 stars from 62 reviews. The site’s hidden WHOIS information and links to low-rated sites raise concerns. Scamadviser warns of possible scams, making investors cautious.

But XT.COM also shines with its deep crypto market analysis. It lets users trade DeFi tokens like Uniswap and Chainlink. The XT NFT platform is great for NFT fans, offering smart NFT trading at low costs.

This dual-nature of XT.COM creates a complex mix, making it a topic of interest for those in digital asset trading.

Here’s a table that compares XT.COM’s main features:

Attribute Detail
Tranco Rank High based on traffic volume
SSL Certificate Valid
Customer Reviews 1.5 stars (based on 62 reviews)
WHOIS Data Hidden
Crypto Support Over 100+ currencies, 500+ tokens, and 900+ trading pairs
Customer Support Available 24/7 in multiple languages
Market Analysis Tools Comprehensive and diverse

Customer Support Quality

XT.COM is known for its top-notch customer support, making it a top pick for crypto traders.

Availability and Response Times

XT.COM offers support all day, every day. This is key for traders who need help at any time. The crypto market can change fast, so quick support is crucial.

Support Channels Offered

XT.COM has many ways to help users quickly. You can get help through:

  • Email: [email protected], [email protected]
  • Live Chat: Available 24/7 for immediate assistance
  • Multiple Languages: Support is available in English, Arabic, Spanish, French, German, Russian, Filipino, Vietnamese, Korean, Indian, Japanese, Malaysian, and Chinese

User Reviews on Customer Support

Users often say XT.COM’s support team is efficient and helpful. They like how fast they get answers and how well they solve problems. Here’s what some users think:

Aspect Feedback
Availability 24/7 support praised by global users
Response Times Most issues fixed in minutes
Support Channels Many ways to get help work well
Language Support Support in many languages makes it easier for everyone

This strong support system helps create a supportive trading space. It makes trading smooth and reliable for users. XT.COM’s focus on great support is a high point in the crypto exchange world.

Advanced Crypto Trading Tools

Since 2018, XT.COM has become a top choice for those into advanced crypto trading tools. It has always added new features and services for both new and experienced traders.

XT.COM’s core is its easy-to-use sophisticated trading strategies. It offers a wide range of analytical tools, from real-time market data to customizable charts. This helps traders make smart choices in the fast-paced crypto market.

The platform has over 800 tokens and 1000+ trading pairs, giving traders many options for their investment plans. It also offers leverage from 3x to 20x in margin trading. This flexibility is great for complex trading moves.

XT.COM is easy to use for everyone, thanks to support in many languages like Arabic, Chinese, English, Hindi, Russian, and Turkish. There’s also a mobile app for iPad, Android, and iPhone. This lets traders manage their investments anywhere.

One standout feature is the robust API access. It lets traders automate their strategies and connect with other apps. Plus, there’s 24/7 live support and lots of training materials like live sessions, documents, and videos. This shows XT.COM’s dedication to helping users succeed.

Here’s a look at some key features of XT.COM:

Feature Details
Starting Price $30
API Access Yes
Languages Supported Arabic, Chinese, English, Hindi, Russian, Turkish
Mobile App Available for iPad, Android, iPhone
Token Support 800+ Tokens
Trading Pairs 1000+ Pairs
Leverage Options 3x to 20x
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XT.COM also has cool features like USDT-margined contracts, prediction markets, and copy trading. These tools help users use advanced trading strategies well.

Regulatory Compliance and Trustworthiness

Choosing a crypto exchange means looking at regulatory compliance. XT.COM is a top choice because it meets strict financial standards. It has many licenses and certifications.

Licenses and Certifications

XT.COM has many licenses, making it a trusted name in crypto. These licenses make sure XT.COM follows global financial rules. This lowers risks and gives users a safe place to trade.

Being compliant boosts trust among users. It puts XT.COM on par with leaders like Coinbase and Kraken.

Regulatory Reviews

XT.COM regularly gets checked by regulators. These checks make sure XT.COM follows the latest financial laws. It keeps its operations secure and reliable for its 3 million users worldwide.

Commitment to Compliance

XT.COM always checks and updates its rules to match international standards. This keeps users safe and gives them a dependable place to trade. It shows its trustworthiness by offering no fees for crypto deposits and a low 0.20% trading fee. Plus, it’s open about trading costs with detailed account statements.

Deposit and Withdrawal Methods

XT.COM makes dealing with cryptocurrency easy by offering many deposit options and quick withdrawals. This makes managing money easy and efficient for everyone.

Supported Payment Methods

XT.COM lets you deposit money with Debit/Credit cards, Apple Pay, and Google Pay. This means people from all over can easily and safely put money into their accounts.

Processing Times

XT.COM is known for quick withdrawals. They make sure you get your money fast. Depositing with a card costs 1.8% with a 15 EUR minimum, making it affordable and fast.

Transaction Fees

XT.COM has clear and fair fees. They don’t charge for most deposits. Withdrawals, like Bitcoin, have a small fee. Here’s a table showing the fees:

Transaction Type Fee
Deposit (via Card) 1.8% (Min 15 EUR)
Withdrawal (BTC) 0.0006 BTC per withdrawal
Trade Execution (Taker) 0.20%
Trade Execution (Maker) 0.05% (potentially lower)

XT.COM offers many deposit options and clear fees. This means users get to enjoy quick withdrawals and save money. These features help XT.COM stand out in the crypto market.

XT.COM vs Other Major Exchanges

When comparing crypto exchanges, XT.COM stands out in the market. It’s important to look at its unique features, user experience, and how it competes with other platforms.

XT.COM is ranked #30 on the BitDegree Exchange Tracker, showing its strong market presence since its start in 2018. It’s based in Dubai, UAE, but also operates in Seychelles, Japan, South Korea, and Singapore. The exchange sees a huge trading volume of $726,417,785 in a day and $472,723,038,193 over a week, showing its active user base.

XT.COM offers a wide range of assets, including 831 cryptocurrencies and 12 fiat currencies across 1142 markets. This gives traders many options to diversify their investments. It also supports margin trading with up to 20x leverage, perfect for advanced traders.

XT.COM has a multi-tier VIP system with 13 levels. This means users can get lower fees based on how much XT token they hold or their trading volume. This system encourages active trading and rewards loyal users.

When comparing XT.COM with other trading platforms, its wide selection of tokens stands out. It lists popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). It also includes emerging tokens like Fetch.ai (FET) and Perpetual Protocol (PERP), giving traders more choices.

“XT.COM provides a diverse trading experience with its range of unique tokens like Adventure Gold (AGLD), DigitalBits (XDB), and Wrapped NXM (WNXM),” – Crypto Enthusiast.

XT.COM is strong in derivatives trading too, offering USDT-M Futures, COIN-M Futures, and Quanto Futures. This variety helps traders hedge their investments and profit from market changes.

For a quick look at how XT.COM compares with competitors, see the table below:

Feature XT.COM Competitor A Competitor B
Market Rank 30 25 35
24h Trading Volume $726,417,785 $800,000,000 $600,000,000
Supported Cryptocurrencies 831 710 900
Margin Trading Leverage 20x 10x 5x
VIP Levels 13 10 15
User Base 4 Million 3.5 Million 5 Million
Launchpad Services XTStarter Yes No

In summary, XT.COM has a strong market position with its wide asset selection, high trading volumes, and advanced tools. It’s important to look at both the good and bad feedback. XT.COM’s unique features and competitive edge make it a key player in the crypto exchange world. It stands out with its variety of digital assets and trading opportunities.

Insights from Market Analysis

The world of cryptocurrency markets is always changing. It’s shaped by market trends, trading volume, and growth forecasts. These elements play a big role in how platforms like XT.COM do.

Market Trends

Since starting in 2018, XT.COM has grown a lot. It now supports over 800 high-quality tokens and has more than 1000 trading pairs. You can trade in many ways, like spot, futures, margin trading, and OTC.

The TLOS/USDT perpetual contract lets traders use leverage from 1 to 10x. This shows the platform’s wide range of options for different trading styles. Trends show more traders are using leverage and looking for quality tokens.

Trading Volumes

XT.COM sees an average daily trading volume of $1.1 billion. The BTC/USDT pair is the busiest, with $328 million in trades. This shows how successful XT.COM is and how it keeps a lot of traders.

It has over 3 million users worldwide, with more than 1 million active each month. These numbers highlight XT.COM’s strong trading environment and its ability to keep traders coming back.

Statistic Value
Average Daily Trading Volume $1.1 billion
Most Active Trading Pair BTC/USDT – $328 million
Total Registered Users 7.8 million
Monthly Active Users Over 1 million

Growth Projections

Analysts see big growth for XT.COM. Its features, like the TLOS/USDT contract, make it a competitive place to trade. The Futures Trading Challenge, from March 14 to March 28, 2024, offers a big reward pool for top traders.

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XT.COM’s fees are low at 0.20% for all trades. This makes it more attractive to users. With over 7.8 million registered users, XT.COM is set to keep growing in the crypto trading world.

Pros and Cons of Using XT.COM

Looking at XT.COM as a trading platform, it’s key to see its good points and areas that could get better. This review aims to give a clear view, helping traders make smart choices.

Advantages

XT.COM has many benefits for crypto traders:

  1. Diverse Cryptocurrency Selection: It supports over 250 cryptocurrencies, like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
  2. Wide Range of DeFi and Utility Tokens: Traders can access tokens such as Compound (COMP), Aave (AAVE), Chainlink (LINK), and others.
  3. Advanced Trading Tools: Features like margin trading, futures, social trading, and P2P meet different trading needs.
  4. Low Trading Fees: It has a competitive fee structure with a 0.20% trading fee, and makers get a 0.05% discount.
  5. Reward Programs: The platform offers staking, cloud mining, and savings with high APY.
  6. Global Reach: It operates in many regions, including Europe and Singapore, with its headquarters in Dubai.

Drawbacks

Despite its advantages, XT.COM has some drawbacks reported by users:

  1. Customer Support Concerns: Feedback on support services is mixed, with some users facing delays and query resolution issues.
  2. Higher Withdrawal Fees: A 0.001 BTC fee for withdrawing Bitcoin is higher than average.
  3. Liquidity Issues: Some altcoins and low-market cap coins may have lower liquidity.
  4. Fiat Withdrawal Limitation: Direct fiat withdrawals are not supported, users must use third-party services.
  5. Mixed App Reviews: The Google Play app has a 3.4-star rating, showing there’s room for improvement in the mobile platform.

When evaluating a trading platform like XT.COM, it’s important to consider both its strengths and weaknesses. Knowing the benefits and drawbacks helps traders make informed decisions in the crypto market.

Conclusion

XT.COM crypto exchange is a standout platform with a wide range of offerings and strong performance. Since its start in 2018, it has grown to serve over 3 million users, with more than 300,000 active traders each month. It supports over 500 tokens and 800 trading pairs, making it a great choice for many traders.

XT.COM is known for its many features. It offers margin trading on 39 coins with leverage from 3x to 20x. This gives traders many ways to boost their strategies. The platform also has ETFs, savings options, and staking programs, along with a mining pool and an ETH 2.0 launchpad.

Looking at costs, XT.COM has competitive fees starting at 0.1% for makers and 0.2% for takers. These fees drop with more trading volume. The platform accepts fiat currencies like USD, EUR, JPY, and GBP and offers various payment options. It has grown to over 7 million users, ensuring fast and efficient trades in a secure environment.

In conclusion, my thoughts on XT.COM are very positive. It offers a broad range of trading options and tools in a secure, user-friendly setting. It’s ranked highly on CoinMarketCap and CoinGecko, making it a top choice for both new and experienced traders. XT.COM is a leading name in the digital asset exchange world.

FAQ

What is XT.COM?

XT.COM is a place where people can trade different cryptocurrencies. It’s safe for both new and experienced traders.

What types of cryptocurrencies are supported on XT.COM?

XT.COM has a wide selection of cryptocurrencies. This includes big names like Bitcoin, Ethereum, and Tether. It also has many trading pairs and new digital assets.

How is the user experience on XT.COM?

XT.COM has an easy-to-use interface and a mobile app. This makes trading, managing accounts, and checking out features simple and hassle-free.

How does XT.COM ensure the security of cryptocurrency transactions?

XT.COM uses strong security like two-factor authentication and cold storage. It also keeps an eye on things to protect your assets and personal info.

What is the fee structure on XT.COM?

XT.COM has clear trading fees and costs. The fees are competitive, and there are promotions and discounts to make trading better.

How reliable is the customer support on XT.COM?

XT.COM values good customer support with quick replies. There are many ways to get help, and users say the support team is efficient and helpful.

What advanced trading tools does XT.COM offer?

XT.COM gives traders the tools they need for complex trading plans. It also has detailed analytical tools to help with the ups and downs of the crypto market.

Is XT.COM compliant with regulatory standards?

Yes, XT.COM follows the rules through its licenses and certifications. It regularly checks to make sure it meets financial standards, building trust in the crypto world.

What deposit and withdrawal methods does XT.COM support?

XT.COM has many ways to deposit and withdraw money, including popular payment systems. These methods are quick, efficient, and have clear fees.

How does XT.COM compare to other major cryptocurrency exchanges?

XT.COM stands out with its competitive edge, wide range of services, and focus on market trends. This puts it in a good spot compared to other big exchanges.

What market insights does XT.COM provide?

XT.COM gives insights on market trends, trading volume, and growth forecasts. This helps with a full view of the crypto market and better trading choices.

What are the pros and cons of using XT.COM?

XT.COM has many good points like an easy interface, advanced tools, and strong security. But, it might have some downsides that depend on what each trader needs.
About Author

Mathew Howells

Matthew Howells is a renowned specialist in the field of cryptocurrencies and cryptocurrency contract programming. With years of industry experience, Matthew has earned a reputation as an expert through his deep knowledge of blockchain technology, smart contracts, and the development of decentralized applications (dApps). His work focuses on creating secure and efficient solutions for digital transactions and the automation of financial processes. Matthew regularly shares his expertise through publications, speaking engagements at conferences, and as an advisor on cryptocurrency projects.