We will thoroughly explain the reviews and reputation of the virtual currency exchange XT.com. XT.com is a major overseas cryptocurrency exchange headquartered in Dubai. With over 7 million users, there is no doubt that it is one of the leading virtual currency exchanges in the world. We handle over 500 types of virtual currencies, so we have a wide range of products.
Basic information, company profile, and safety of XT.com
XT.com is a major overseas cryptocurrency exchange headquartered in Dubai, UAE. Speaking of Dubai, Bybit is also based there. It was originally established in the Seychelles in 2018, but has since moved its base. It has over 7 million users and handles over 500 stocks, making it comparable to Binance, KuCoin, MEXC, etc. It is a notable exchange in Japan and overseas, and content can be accessed from the app. You can participate using Ethereum or Bitcoin.
| Exchange | XT.com |
| Headquarter | Dubai, UAE |
| Establishment | 2018 |
| User | 7000000～ |
| Crypto | 500～ |
| Max Leverage | 125x |
| Commission | Taker：0.2% Maker：0.05% |
| URL | Home |
Operations centers located around the world
The company’s operational center is Dubai, but it is actively expanding globally with offices in Singapore, Seoul, and even Europe and other countries and regions. As a result, we are expanding globally and have been successful in acquiring users.
Do you have a financial license?
XT.com has obtained a financial license from FinCEN in the United States. However, you must be careful because the license for XT.COM exceeds the scope of management and the management period has passed.
The world’s first social network exchange
XT.com is the world’s first business social networking exchange. What exactly are social network transactions? The following points can be mentioned. It is differentiated from other exchanges.
Connect with the community
By connecting to social network platforms related to crypto assets (virtual currencies), there is a system in which you can obtain opinions and the latest information from leading investors. This has the advantage that the latest information is immediately available.
Social network trading
Social network trading is a system that embeds digital asset trading in a social network platform, which greatly shortens the trading route and allows you to quickly learn about market conditions. This provides users with a comfortable trading environment.
One-stop service
You can easily enjoy derivatives based on spot transactions. Trading is easier than on other exchanges.
Features, advantages and disadvantages of XT.com
We will briefly introduce the features and information of recent XT.com actual exchanges. It basically has the same functions as other major virtual currency exchanges, and users can make effective use of most services to make profits.
XT NFT
XT.com also operates an NFT marketplace called “XT NFT.” Users are encouraged to buy and sell NFTs, as well as the large number of collections that can be bought and sold. You can access the marketplace from here since the URL will have NFT at the end.
Source : https://www.xt.com/en/nft
You can stake
Staking (Savings) is possible by selecting coins. You can earn a yield just by depositing your crypto assets, so you don’t need any knowledge of techniques or technical analysis to invest.
Source : https://www.xt.com/
There are so many trading methods
XT.com has a wide variety of trading categories. In addition to demo trading, you can also do defi, P2P, spot trading, derivative trading, etc. Furthermore, events such as Launchpad are held frequently, so it is recommended for active users.
low transaction fees
XT.com transaction fees are 0.05~0.2%. Maker is 0.05 and Taker is 0.2. It is recommended for trading as it is quite cheap compared to other exchanges overseas.
Many types of currencies available
The number of crypto currency pairs handled is over 500, which is on the same level as other major exchanges. It has the advantage of being able to invest not only in Bitcoin but also in unknown altcoins.
Maximum leverage is 125x
Maximum leverage is 125x. It is relatively expensive compared to other overseas exchanges, so it is especially recommended for derivatives trading. Although you can expect big profits, you should be careful as it comes with high risks. We recommend trading starting from a small amount.
Enhancement of support center
Our support center supports the following 11 languages. Inquiries are available 24 hours a day, 365 days a year, and you can contact us via live chat or email.
- English
- 한국어
- 日本語
- हिंदी
- Bahasa Indonesia
- русский
- Español
- Türkçe
- 繁体中文
- 简体中文
- Tiếng Việt
- ภาษาไทย
How to deposit and withdraw money?
Deposit and withdrawal methods support virtual currency. The system is to convert cash from other exchanges, and finally transfer the amount in BTC, USDT, ETH, XRP, etc. for use. Trade with the money that arrives at your wallet address. You can easily check it.
What is the evaluation of XT.com?
What is the evaluation of XT.com? We have collected real reviews. The largest number of XT.com users are Japanese, with other users also coming from South Korea, Turkey, Egypt, Vietnam, and the United States. This time, we will introduce some from a major review site called Traders Union.
Source : TradersUnion
The XT.com exchange is licensed and registered in Seychelles. I’ve verified the license before entering the platform. The KYC verification is advanced and instantly scares away irresponsible clients and potential fraudsters.
The trading terminal is convenient (standard TradingView). In terms of functionality, it has all the necessary functions. The mobile version is provided in two versions for Apple and Android. I tried to test it and found it quite convenient, but I still trade from a PC most of the time. Moreover, I installed their software to mine the site’s proprietary currency on the blockchain. I slowly earned some money.
In terms of commissions – they’re the same as most cryptocurrency exchanges. The maker is 0.05%, and the taker is 0.2% at the minimum bidding. Transactions are executed quickly; the platform works stably. I recommend this cryptocurrency exchange.
Source : TradersUnion
I started trading on XT.com just over two months ago. At the moment, I have no complaints about the exchange. However, I cannot recommend it to novice traders, since no guides are provided here, only a basic FAQs section, which is more related to trading on a specific site. Experienced traders will immediately notice a large number of assets, other instruments, the presence of fiat currency, and leverage up to 1:30.
Source : TradersUnion
There is a standard referral program, you can mine their proprietary currency at XT.com. But as for me, trading has always been a priority, so I am reviewing it. There is scalping, the platform doesn’t limit you at all. The minimum deposit is $30. The trading volumes are very high and for all pairs. I trade Bitcoin and Ethereum, sometimes I experiment with other cryptocurrencies.
I didn’t find any cons.
This is an excellent cryptocurrency exchange. As far as I know, this is the only exchange to mine its proprietary cryptocurrency and immediately use it in trading or convert it into fiat. Mining is unlikely to be the main source of income for you, but it is a significant bonus indeed.
There is nothing to do for investors on XT.com. There is only one way to invest and that is to make a cryptocurrency deposit at interest. But the rate there is not very profitable. Trading is another matter. The terminal is convenient, and you can scalp; plus, there is leverage up to 1:30. However, such leverage is not available for all assets.
You can find a company on CoinMarketCap, as it made the Top 30 there, so you should trust it. There is no direct connection (call center), and many find it a disadvantage. During almost a year of working with the exchange, I have never contacted technical support. I also consider it to be a kind of quality indicator.
Source : TradersUnion
If you open an account with XT.com, take into account some nuances. The most important thing is to verify not only the identity, but also payment instruments used by a client. I couldn’t withdraw money from my XT.com account until I passed the verification of the payment system. So be careful.
Source : TradersUnion
Before opening an account on XT.com, I advise you to carefully read the agreement that the exchange enters into with the user. So that there are no problems later, like mine. And it says there that the exchange is responsible for the safety of clients’ funds in the amount of the percentage of commissions that the trader has traded. Moreover, hacking an account on the XT.com exchange does not give the user the right to demand compensation for losses. I lost money, unfortunately, without studying the agreement text.
Source : TradersUnion
I bought various cryptocurrencies and stored them on the XT.com exchange wallet. However, over time, I noticed that coins were disappearing from my account—not a significant amount at once, but over two months, the cumulative loss became substantial. The next problem arose after the support team, following my inquiry, demanded a new verification process. I attempted it, but XT.com rejected the verification. In summary, it has been two months since I lost access to my account, and I’m uncertain about the current status of my funds.
Source : TradersUnion
The issues on the XT.com exchange resulted in significant losses for me. Due to the strange actions of the exchange administration, I lost an amount equivalent to $2000. I exchanged cryptocurrency through the 2P2 service to withdraw to a bank card in dollars. When the order was executed, the XT.com exchange transferred the cryptocurrency to the buyer, but the money never arrived on my card. The exchange disclaimed responsibility, and I ended up losing my money.
Source : TradersUnion
You can open an account for free
You can open an account for free. Click the link below to proceed to the official website page. Security settings are solid and two-step authentication is also supported. Once you log in, you can enjoy FX. We recommend it because it offers cashback.
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