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XT Crypto Exchange Review (xt.com reviews) – Is XT.com Scam or Legit?

Read our XT.com review to know everything about XT Exchange. In this XT review, you will get to know whether this exchange is a scam or legit.

ShahZaib Ahmed

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xt.com exchange review

Introduction

 xt.com logo

XT.com is a cryptocurrency exchange established in 2018. It operates out of Dubai and is known for incorporating social networking features into its trading platform. Aiming to provide users with a comprehensive trading experience, XT.com supports an extensive selection of more than 800 cryptocurrencies.

This review delves into the critical components of XT.com, including the range of cryptocurrencies it supports, its trading functionalities, the structure of its fees, the security protocols it employs, and the quality of customer service it provides.

xt.com interface

XT.com Supported Cryptocurrencies

XT.com trading platform is known for its range of supported cryptocurrencies, offering traders access to over 800 digital assets XT’s vast range of crypto includes major coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as an excess of altcoins and tokens in niches like DeFi, NFT, and Metaverse.

Also Read: CoinW Review (coinw.com reviews) – Is CoinW Scam or Legit?

With more than 1,000 trading pairs available, users can engage in spot, margin, futures, and P2P trading, ensuring a variable and rich trading environment.

XT.com Fee Structure

XT.com exchange offers competitive fees for both casual and active traders. Spot trading suffers a 0.20% fee for makers and takers, with discounts for high-volume trading and XT token holders. Futures trading fees are 0.04% for makers and 0.06% for takers, making it a cost-effective choice for traders.

Features of XT.com Exchange

XT.com crypto exchange offers a streamlined trading experience with its fast-executing matching engine and security protocols, including offline signatures and wallet segregation. It supports OTC trading for large-scale transactions and promotes community interaction through group creation, insight sharing, and copy trading features.

xt.com features
xt.com features
xt.com features

Trading View

The trading view on XT.com is customizable, catering to beginners and experienced traders. Users can select between a basic view, which offers straightforward charting and order options, and a pro version with advanced tools and detailed order book data. This flexibility ensures that all users can navigate the platform effectively, making informed trading decisions based on real-time market data.

Deposit and Withdrawal

XT.com supports many deposit methods, including wire transfers, credit/debit cards, and digital wallets like Apple Pay and Google Pay, through partnerships with financial institutions such as Banxa.

The platform has opened channels for 13 fiat currencies, facilitating easy access to digital asset purchases. Withdrawal fees align with industry averages, with specific charges for different cryptocurrencies, ensuring transaction transparency and predictability.

Security and Privacy

XT.com utilizes cold wallet storage, two-factor authentication, email/SMS verification, mandatory KYC checks, and other security measures to protect user accounts and funds. SSL encryption and anti-phishing measures also provide a safe, compliant trading experience.

Mobile Application

XT.com offers user-friendly iOS and Android mobile apps so traders can access their accounts on the go. The app provides portfolio tracking, real-time alerts, trading services, and more features that match the web platform. It has a 4+ star rating on both app stores.

xt.com mobile app

Customer Support Services

Users can get assistance from XT.com’s customer support team through email, phone and live chat support. It also provides an FAQ section along with a public support forum where users can get their queries addressed.

Pros and Cons

Pros

  • Competitive trading fees
  • Easy deposits and withdrawals
  • Strong community trust
  • High-security measures ensure asset and data protection.
  • Offers various trading options and features.

Cons

  • Direct Authorization-to-bank withdrawals are not supported.
  • Altcoin liquidity varies

Conclusion

XT.com exchange stands out as a comprehensive and secure cryptocurrency exchange that caters to a wide range of trading needs. With its extensive support for various cryptocurrencies, competitive fees, robust security measures, and unique social features, XT.com is well-positioned to serve novice and experienced traders.

xt.com conclusion

While there are areas for improvement, such as enhancing liquidity for certain altcoins, the platform’s overall offering is solid, making XT.com a worthy consideration for anyone looking to engage in cryptocurrency trading.

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