XT.COM Exchange Review
XT.COM is a centralized exchange that occupies #28 on Guru InvestingExchange Tracker. XT.COM trading volume is US$756,112,442 in the last 24 hours and US$414,481,292,169 in the last 7 days.
XT.COM currently has 578 cryptocurrencies, 12 paper currencies and 843 markets (cryptocurrency trading pairs). Most popular trading pair on XT.COM: JASMY/USDT.
Compare XT.COM next to other exchanges here: Exchange comparison tool.
XT.com (stylized as XT.COM) is a centralized cryptocurrency exchange (CEX). Founded in 2018, it is sometimes called the world’s first social exchange. Clients can access XT.com spot and derivatives markets, ETFs and margin tradingas well as other features such as staking, cryptocurrency purchases and NFT marketplace.
Markets
XT.com Spot Market Supports crypto-crypto trading for individual and institutional users. Crypto-fiat trading is not included. However, some of the listed XT.com trading pairs use stablecoins.
One of the unique features offered by XT.com crypto exchange is social group trading. It facilitates P2P trading and user interaction. Additionally, it provides extensive social media infrastructure within the XT ecosystem.
Margin trading is available, providing leverage up to 20x. In addition, traders who engage in large-scale transactions can participate in over-the-counter (OTC) trading. The trading directory contains more than 500 digital assets. There are over 800 trading pairs on XT.com.
Like many cryptocurrency exchanges, XT.com has its own token. HT. Token holders are entitled to preferential commission rates and other benefits. The value of the XT.com cryptocurrency tokens held determines the level of the discount.
XT.com cryptocurrency commissions use multi-level VIP structure and the producer-receiver model. There are 13 levels, from VIP 0 to VIP 12. Each level must meet one of two criteria: average 24-hour XT inventory and 30-day XT.com trading volume. Volume data is shown in USDT.
VIP 0 requires volume up to 5000 USDT or up to 50 XT. The maker/taker fee is 0.20%. Starting at level 1, the required XT.com volume is $5,000 – $10,000 or holding up to 150 XT. Clients must pay a maker/taker fee of 0.18%.
At all VIP levels, the XT.com exchange fee ratio remains the same. At the VIP 12 level, the 30-day trading volume must exceed $30 million, or the trader must have more than 1 million XT. The maker/taker fee is 0.020%.
derivatives markets the XT.com crypto exchange offers several types futures and EFT contracts. There are three types of futures:
- USDT-M futures
- COIN-M futures
- Quanto Futures
XT.com does not charge any fees for deposits. The withdrawal speed, as well as the minimum and maximum withdrawal amount may vary depending on the selected asset.
other services
Although the XT.com cryptocurrency exchange does not provide cryptocurrency trading, clients can buy digital assets using popular payment methods such as debit and credit cards or direct bank transfer. Payments can also be made using cryptocurrencies.
HT savings is one of the investment services offered by crypto exchange XT.com. There are two types of savings – fixed and flexible. Users can also participate in staking to show support for new blockchain projects. In return, they receive their own tokens of the specified projects.
Listing is a social feature that allows users of the XT.com ecosystem to stake new tokens or vote on listings made by others. There is a minimum required price for XT.com cryptocurrency to vote, which may vary depending on the listing.
HT NFT This is a market for non-fungible tokens. It offers exclusive collections and mystery boxes. Users can mint, buy, sell or trade their NFTs and store them in their XT.com accounts. The platform supports NFTs built on the XSC, BSC, Ethereum and Polygon blockchains.
XTStarter is a social launching pad for blockchain community projects. Users can participate in various events such as initial coin offerings and coin giveaway campaigns. XT Labs is a developer space that provides tools for creating Web3 solutions, as well as access to branding and marketing tools.
Other social features of the XT.com cryptocurrency exchange include Referral programwhich can provide a discount of up to 40%, and COLa platform that provides news and updates about the XT project and its community as a whole.
About company
Cryptocurrency exchange XT.com was founded in 2018 Weber Wu. The company is registered in the Seychelles, with several operational centers in Japan, South Korea and Singapore. Its current headquarters is located in Dubai, UAE.
According to company statistics, over 4 million registered users on the crypto exchange XT.com. The entire XT ecosystem consists of more than 30 million users.
Weber Wu is the CEO of XT.com. He became involved in the cryptocurrency world in 2013, and began actively mining in 2014. Before founding the exchange, he was a student at Shanghai Jiao Tong University.
Pages related to XT.COM
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
