XT.com vs CoinFLEX: Fees, Coins, Safety Comparison
| Feature | XT.com | CoinFLEX |
|---|---|---|
Overall |
4.0 |
3.8 |
3.8 |
1 |
|
4.1 |
4.2 |
|
5.0 |
4.1 |
|
Investment Instruments |
4.4 |
3.8 |
Platforms and Charting Tools |
3.9 |
4.2 |
Deposit and Withdrawal |
4.0 |
4.0 |
Research |
3.7 |
4.1 |
Education |
3.8 |
3.9 |
Support |
4.1 |
4.3 |
Bonuses |
3.5 |
4.5 |
|
Your capital is at risk.
|
XT.com vs CoinFLEX: Pros and Cons
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 1:30 depending on the selected asset. Any strategy can be used on the cryptocurrency exchange, including scalping.
The CoinFLEX exchange is more than a regular cryptocurrency exchange for spot and margin trading. This is a multifunctional platform that combines the mechanics of a universal crypto wallet and an adaptive investment portfolio with advanced options for passive earnings. On CoinFLEX, you can buy/sell Bitcoin, Ethereum, Litecoin, Tether, and other cryptocurrencies and tokens. Cryptocurrency funds can be freely transferred to fiat and withdrawn to plastic cards, bank accounts, other cryptocurrency wallets, as well as electronic wallets. Trading with leverage up to 1:100 is also available. One of the distinctive features of this crypto exchange is flexUSD, which is a stablecoin with interest income. Using flexUSD and note tokens, the exchange builds an investment package for users that can provide loans to institutional trading firms on the CoinFLEX exchange.
| XT.com | CoinFLEX | |
|---|---|---|
| Overall Pros | Cryptocurrencies and other varieties of currencies; | spot and margin trading with a wide selection of cryptocurrency assets and pairs, including pairs with world currencies; |
| Replenishment in fiat currencies; | investment programs, unique for the segment, based on lending stablecoins to companies; | |
| Favorable trading commissions; | one of the most well-thought-out mobile applications that combines the functions of an exchange, a crypto wallet, and an investor’s personal account; | |
| Leverage is up to 1:30. | simple system of commission fees with profitable commissions that depend on CoinFLEX’s balance of the wallet; | |
| Proprietary mining platform; | 100% transparent operation of the system, a complete archive of all transactions and actions of the administration; | |
| Large trading volumes; high liquidity. | no VIP statuses, absolute equality of users, unified technical support 24/7. | |
| Convenient trading terminal; | ||
| Overall Cons | No investment programs (only deposits); | at first, the interface of the trading terminal may seem redundant, you need to get used to it; |
| No training programs or study guides. | there are trading restrictions for residents of some countries (see the corresponding section of the site). |
XT.com vs CoinFLEX: Safety and Regulation
| Regulated By: | XT.com | CoinFLEX |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Licensed in Seychelles |
No |
XT.com vs CoinFLEX: Trading Conditions
| Trading Conditions | XT.com | CoinFLEX |
|---|---|---|
Minimum Deposit |
$30 |
$1 |
Trading Platforms |
Proprietary trading platform based on TradingView |
CoinFLEX |
Max Leverage (Futures) |
1-100 |
|
Number of Markets |
800+ |
104+ |
Trading Accounts |
5 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Cryptocurrencies |
XT.com vs CoinFLEX: Fees
Trading Fees
| Fee | XT.com | CoinFLEX |
|---|---|---|
Max Maker |
0.05% |
0 |
Max Taker |
0.20% |
0.08% |
Min Maker |
0.05% |
0 |
Min Taker |
0.20% |
0.04% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | XT.com | CoinFLEX |
|---|---|---|
Max Maker |
0.05% |
0 |
Max Taker |
0.20% |
0.08% |
Min Maker |
0.05% |
-0.03% |
Min Taker |
0.20% |
0.04% |
Non-Trading Fees
| Fee | XT.com | CoinFLEX |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
0 |
Not supported |
Debit/Credit Card Withdrawal Fee |
0 |
Not supported |
BTC Withdrawal Fee |
0.0001 BTC |
0,0005 BTC |
Inactivity Fee |
No |
No |
XT.com vs CoinFLEX: Trading Assets
| Asset Name | XT.com | CoinFLEX |
|---|---|---|
Overall |
800+ |
104+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
No |
Stellar (XLM) |
Yes |
No |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
No |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
No |
Crypto ETF |
Yes |
No |
XT.com or CoinFLEX: Investment Programs
| Asset Name | XT.com | CoinFLEX |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
Yes |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Hashrate store |
Interest income |
Trading Platforms: CoinFLEX or XT.com
| XT.com | CoinFLEX | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: CoinFLEX or XT.com
| XT.com | CoinFLEX | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
No |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: CoinFLEX or XT.com
| XT.com | CoinFLEX | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: CoinFLEX or XT.com
| XT.com | CoinFLEX | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: CoinFLEX or XT.com
| XT.com | CoinFLEX | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
No |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
XT.com vs CoinFLEX: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XT.com | CoinFLEX |
|---|---|---|
Bank Transfer |
Yes |
No |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
XT.com vs CoinFLEX: Research
| Research Type | XT.com | CoinFLEX |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
XT.com vs CoinFLEX: Education
| Education Type | XT.com | CoinFLEX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
CoinFLEX vs XT.com: Support
| Support Features | XT.com | CoinFLEX |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
Telegram, ticket |
XT.com vs CoinFLEX: Crypto Bonuses and Promo
| Promo | XT.com | CoinFLEX |
|---|---|---|
Crypto Bonus |
No |
Bonus rewards from the crypto exchange - up to 30% |
Affiliate Program |
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. |
Yes |
|
Your capital is at risk.
|
Top 5 Reviews on CoinFLEX
-
Comment
CoinFLEX is a cryptocurrency exchange, even a completely decentralized one. However, the company is not popular among traders. Trading volumes are small. If you already choose, then the company is more popular. I don't see the point in getting involved.
-
Comment
They look like thieves! My money is stuck somewhere, and no one knows where. The withdrawal allegedly went through but I did not receive it. No one wants to answer my questions about what happened! They just ignore me.
-
Comment
I got used to CoinFLEX, oh, how not right away ... Their terminal is an explosion of information, at first it was wildly distracting. Now I'm used to it, I immediately find what I need. And so far this is the only thing I could find fault with. Because in terms of functionality, CoinFLEX is difficult to find an equal competitor in the market. So, in addition to trading myself, I also started investing. I’m holding stablecoins, and the interest is already gradually dripping into the account. It's convenient and you don't have to do anything. The output is smart, I checked it first of all. I won't say anything about the app. It is, but it is more convenient for me to work from a laptop. It is also a sin to complain about the number of tools. Only there is no demo account, so I would try different strategies.
-
Comment
I came to CoinFLEX a couple of months ago. I heard about this crypto exchange from a friend who described it as a multifunctional platform with a plenitude of possibilities. And, friends, it really is. In addition to spot and margin trading, there are many other opportunities. The adaptive investment portfolio is great and with it, I achieved a normal passive income. After a flawless withdrawal of my profit, I was able to seamlessly convert the crypto into fiat and then receive a payment to my bank card.
-
Comment
To be honest, I originally came to the CoinFLEX platform to actively trade. My two childhood friends signed up here six months ago and praised the company for its customer-oriented service and quite loyal trading conditions. And indeed it is. Since March 2021, I have been able to earn profits of about $6,000 here. I don’t really bet on passive earnings, but for the sake of interest I held on to noteUSD. A little-by-little profit drips onto the balance. With the conclusion, everything is clear, you can pick up the earned money at any time.
Top 5 Reviews on XT.com
-
Comment
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.
-
Comment
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.
-
Comment
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.
-
Comment
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.
-
Comment
There are problems when trading with XT.com. First of all, this is terrible work of support service. Maybe someone likes the disrespectful attitude towards clients, but I personally don’t. The second is the operation of the platform. During the day, it disconnects from the servers every 7-10 minutes. How can you trade profitably in such a situation? No, I'm not happy with XT.com at all.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.