XT.com vs FatBTC: Fees, Coins, Safety Comparison
| Feature | XT.com | FatBTC |
|---|---|---|
Overall |
4.0 |
2.2 |
3.8 |
1 |
|
4.1 |
3.0 |
|
5.0 |
2.3 |
|
Investment Instruments |
4.4 |
1.8 |
Platforms and Charting Tools |
3.9 |
2.2 |
Deposit and Withdrawal |
4.0 |
2.0 |
Research |
3.7 |
2.6 |
Education |
3.8 |
2.1 |
Support |
4.1 |
2.2 |
Bonuses |
3.5 |
2.3 |
|
Your capital is at risk.
|
Your capital is at risk.
|
XT.com vs FatBTC: 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 FatBTC cryptocurrency exchange is a multifunctional platform for exchanges, commodities, and over-the-counter cryptocurrency trading. You can trade Bitcoin (₿), Ethereum (Ξ), USDS, DOGE, dozens of other cryptocurrencies and tokens. Only the USD and EUR are presented from among the fiat currencies. The site has its proprietary FAT coin, which can be used to reduce fees by 50%. The trading fees themselves are lower than the market average of 0.2% fixed cost for most assets. In addition to the trading terminal in the browser, there is a mobile trading app. The company offers a flexible listing via its proprietary program of open partnership called the FatCloud. The referral program is standard and only one-level. Its investment direction is represented by the Piggy Bank FatBTC program.
| XT.com | FatBTC | |
|---|---|---|
| Overall Pros | Cryptocurrencies and other varieties of currencies; | loads of cryptocurrencies and tokens; the site's FAT token, which can be used to reduce trading commissions; |
| Replenishment in fiat currencies; | simplistic, intuitive trading terminal, plus an app for mobile trading; | |
| Favorable trading commissions; | low fees — fixed at 0.2% for taker and maker (for some assets there are special conditions); | |
| Leverage is up to 1:30. | the token pool is constantly updated due to free listing (you can put your coin on the platform in a few clicks); | |
| Proprietary mining platform; | it is not compulsory to pass the KYC verification to trade (but there will be a limit on the withdrawal — up to 2 BTC per day); | |
| Large trading volumes; high liquidity. | the high-performance engine provides stability of the platform even under peak loads; trading is 24/7; | |
| Convenient trading terminal; | a profitable referral program that allows you to earn 50% of your partners' fees. | |
| Overall Cons | No investment programs (only deposits); | No demo accounts or specialized solutions for novice traders; |
| No training programs or study guides. | No call center, you can get in touch with the technical support only through tickets, email, and the Telegram channel. |
XT.com vs FatBTC: Safety and Regulation
| Regulated By: | XT.com | FatBTC |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Licensed in Seychelles |
No |
XT.com vs FatBTC: Trading Conditions
| Trading Conditions | XT.com | FatBTC |
|---|---|---|
Minimum Deposit |
$30 |
$1 |
Trading Platforms |
Proprietary trading platform based on TradingView |
TradingView |
Max Leverage (Futures) |
44562 |
|
Number of Markets |
800+ |
40+ |
Trading Accounts |
5 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Cryptos, currencies |
XT.com vs FatBTC: Fees
Trading Fees
| Fee | XT.com | FatBTC |
|---|---|---|
Max Maker |
0.05% |
0.2% |
Max Taker |
0.20% |
0.2% |
Min Maker |
0.05% |
0.2% |
Min Taker |
0.20% |
0.2% |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | XT.com | FatBTC |
|---|---|---|
Max Maker |
0.05% |
Not supported |
Max Taker |
0.20% |
Not supported |
Min Maker |
0.05% |
Not supported |
Min Taker |
0.20% |
Not supported |
Non-Trading Fees
| Fee | XT.com | FatBTC |
|---|---|---|
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 |
0.0007 BTC |
Inactivity Fee |
No |
No |
XT.com vs FatBTC: Trading Assets
| Asset Name | XT.com | FatBTC |
|---|---|---|
Overall |
800+ |
40+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
No |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
No |
Cardano (ADA) |
Yes |
No |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
Yes |
No |
Crypto ETF |
Yes |
No |
XT.com or FatBTC: Investment Programs
| Asset Name | XT.com | FatBTC |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
Yes |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Hashrate store |
the Piggy Bank FatBTC program |
Trading Platforms: FatBTC or XT.com
| XT.com | FatBTC | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: FatBTC or XT.com
| XT.com | FatBTC | |
|---|---|---|
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: FatBTC or XT.com
| XT.com | FatBTC | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: FatBTC or XT.com
| XT.com | FatBTC | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: FatBTC or XT.com
| XT.com | FatBTC | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
XT.com vs FatBTC: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XT.com | FatBTC |
|---|---|---|
Bank Transfer |
Yes |
No |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
XT.com vs FatBTC: Research
| Research Type | XT.com | FatBTC |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
XT.com vs FatBTC: Education
| Education Type | XT.com | FatBTC |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
FatBTC vs XT.com: Support
| Support Features | XT.com | FatBTC |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Ticket |
XT.com vs FatBTC: Crypto Bonuses and Promo
| Promo | XT.com | FatBTC |
|---|---|---|
Crypto Bonus |
No |
No |
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. |
For each active referral, the crypto-exchange will pay the partner a reward equal to 50% of trading commissions. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on FatBTC
-
Comment
A couple of days ago, I funded my trading account with $500, for some time I increased the account to $700, but the next day there was no money in my account at all. The broker deducted all the money from the account! The support stopped getting in touch with me. Draw your own conclusions.
-
Comment
I had $700 in my account. After the weekend, I enter the trading terminal, and there are 300 bucks left on my account. I decided to check the history, it turns out that there were two unprofitable trades opened, which gobbled up most of the deposit, but I did not open these trades. FatBTC decided to help me out!
-
Comment
I have been working with FatBTC for 4 months and everything suits me. The exchange is decentralized, so the funds are stored in a cold wallet and I am calm about their safety. My personal data is protected by 2FA authentication, and the exchange itself has a good reputation for safety. There is no leverage here, so volumes cannot yet be raised beyond a 1:1 level, but you can reduce the trading commission by using the exchange token. The terminal works stably, and I have no further comments about FatBTC’s working conditions. One drawback of this crypto exchange is that it is expensive to exchange tokens here, so I use other resources for that purpose.
-
Comment
This is not a crypto exchange, but a real scam. Not only does FatBTC have a weird rate for most cryptocurrencies, it also charges a huge commission. I bought bitcoin and withdrew coins to my wallet. When I counted how much I had lost, I was horrified. Only on commission for withdrawal, I lost 15%. The FatBTC exchange is scammers!!
-
Comment
FatBTC is a reliable crypto exchange with a long experience in the digital market and an impressive trading volume. It is suitable for me as a small but stable additional income. I do not plan to trade on a large scale yet, since for this I will have to entrust my personal data to FatBTC, but to get a daily income of 30-40 bucks, it is quite okay for me. Plus, I enjoy the small commissions and the large selection of instruments. FatBTC also offers trading through its browser-based TradingView, which is as convenient and functional as possible.
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!