XT.com Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $30
- Proprietary platform
- Many cryptocurrencies, tokenized assets, currencies
- proprietary mining platform
- replenishment in fiat
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $30
- Proprietary platform
- Many cryptocurrencies, tokenized assets, currencies
- proprietary mining platform
- replenishment in fiat
Our Evaluation of XT.com
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
XT.com is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.12 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by XT.com clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
XT.com is a convenient cryptocurrency exchange with favorable trading terms. It has proprietary mining software expanding the traders' possibilities due to the extra means of passive earnings. A large number of cryptocurrencies and tokenized assets are presented on the exchange, and there are no restrictions on trading strategies. Commissions are average or below average (depending on the user's trading level).
Brief Look at XT.com
The XT.com exchange is a platform for P2P exchange and cryptocurrency sales, including derivatives and margin trading. This is also an exchange for fiat funds. The peculiarity of the cryptocurrency exchange is that it issues its proprietary cryptocurrency and provides users with software for mining. Bitcoin, Ethereum, Litecoin, Tether, Tron, Ripple, and other cryptocurrencies are traded on the website, with over 120 instruments provided here in total. There are tokenized assets. The leverage can be up to 125x depending on the selected asset. Any strategy can be used on the cryptocurrency exchange, including scalping. There are stop loss and profit functions. The storage method for cryptocurrencies is cold. Replenishment and withdrawals are possible from bank cards and accounts to bank cards and accounts. A standard affiliate program and special bonuses for blockchain members are offered.
- Cryptocurrencies and other varieties of currencies;
- Replenishment in fiat currencies;
- Favorable trading commissions;
- Leverage is up to 125x.
- Proprietary mining platform;
- Large trading volumes; high liquidity.
- Convenient trading terminal;
- No investment programs (only deposits);
- No training programs or study guides.
TU Expert Advice
Financial expert and analyst at Traders Union
The cryptocurrency exchange, XT.com, is a modern trading platform, and its TradingView app has convenient functionality, including stop loss and take profit functions. The platform also allows scalping. Many cryptocurrencies and tokenized assets are represented here, there are pairs with world currencies. You can deposit and withdraw fiat funds.
In addition to the cryptocurrency exchange itself, the site also has a section for P2P asset exchange. There are no investment programs, but it is possible to deposit cryptocurrency with a small percentage. The referral program is standard. You will be paid for invited users, and payments are accrued in the amount of up to 90% of their commissions.
One of the key features of the site is its proprietary cryptocurrency XT.com, which is traded on the platform in large volumes. Even if you are not a trader, you can mine this currency using the specialized XT.com software. The mining process itself is typical for the blockchain.
There are no complaints about the platform's work from a technical point of view. The trading terminal works stably, all trades are carried out on time, no information has been received from users about the delay in credits or payments. The mobile version of the trading application is designed for iOS and Android devices.
- You want access to a wide variety of cryptocurrencies, as XT. com provides access to over 500 cryptocurrencies and tokens for trading, encompassing popular options like Bitcoin and Ethereum as well as numerous lesser-known projects.
- You're comfortable with a social trading platform, as XT. com integrates social features into its platform, enabling you to observe the trading activities of other users. This can be beneficial for discovering potential investment opportunities and gaining insights into market trends.
- You are seeking investment programs, which are not offered by XT. com, limiting your options if you prefer to engage in managed investment strategies rather than direct trading.
- You are a beginner or seeking educational resources to enhance your trading knowledge. In that case, you are likely to find other exchanges or external resources more suitable for your needs.
XT.com Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Proprietary trading platform based on TradingView |
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📊 Accounts: | Standard, derivative, mining, margin, fiat |
💰 Account currency: | Cryptocurrencies, fiat currencies |
💵 Replenishment / Withdrawal: | Bank cards and accounts, cryptocurrency wallets |
🚀 Minimum deposit: | From $30 (depends on the asset) |
⚖️ Leverage: | Up to 125x |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Commission: | Market |
🔧 Instruments: | Cryptocurrencies, fiat currencies |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market execution (market price), Limit Order |
⭐ Trading features: | Many cryptocurrencies, tokenized assets, currencies; proprietary mining platform; replenishment in fiat |
🎁 Contests and bonuses: | Yes |
Please note that the minimum deposit may vary depending on the asset you deposit from third-party sources. The leverage differs depending on the asset with which you are trading. Technical support at XT.com is stable and localized. The only nuance is that you cannot talk to specialists directly, the company doesn’t have a call center.
But there are a variety of alternative forms of communication - from email to social media accounts.
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Commissions and fees
Commission rates for deposits and withdrawals depend on the specific asset. For example, the withdrawal fee is 1 XT.com (token) for the site's proprietary cryptocurrency, and for Bitcoin, the commission is 0.0006 BTC. The size of commissions and limits for each asset can always be clarified in the corresponding section on the cryptocurrency exchange website.
Account type | Commission (minimum value) | Withdrawal commission |
---|---|---|
Standard | 0.05% per application | Yes |
The XT.com cryptocurrency exchange fees are on average lower than similar fees from other exchanges. Please find below the comparison of the exchange with its competitors:
Broker | Average commission | Level |
---|---|---|
|
$0.1 | |
|
$20 | |
|
$0.1 |
Investment Options
The XT.com broker doesn’t offer investment programs; however, any user can deposit cryptocurrency funds. Deposits differ in terms of conditions, as a rule, we are talking about a deposit for several months with a payment of fixed interest on top of the amount invested. The best rate so far is 24% for staking Tether stable coin. The minimum deposit is $100. Different deposits have their terms, their list is updated in the corresponding section of the site.
You can get extra passive income from the blockchain platform by mining the cryptocurrency of XT.com. Just install a mining application. In the future, you can act as a regular Node or a SuperNode of A and B categories. To become a SuperNode, just fulfill one of the terms specified on the corresponding page of the site. SuperNode status provides a discount on trades and increased income from referral programs.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
XT.com’s affiliate programs
Register and verify on the site to become an XT.com partner. After that, you will have access to a personal link and a QR code. Each user who registers on the exchange using your link or code becomes your referral. The referral brings you income as part of the commission on their trades.
The interest of referral commissions that you will get depends on your account referral level. There are seven levels in total, including zero. The levels are dynamic and change depending on two indicators – the number of active referrals and the volume of referral trades in BTC. The commission and payout discount are 0% at the lowest level (P0). At the highest level (P6) you will get a 90% discount on your commissions, and transaction income is 90% of your referrals' commissions.
User Satisfaction