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XT.com has launched XT Pay, a new feature allowing users to make everyday payments with USDT from their Spot account by scanning local merchant QR codes, with automatic conversion to local currency.
XT.com has introduced XT Pay, a feature that enables users to pay local merchants using USDT directly from their Spot account via QR codes compatible with local payment networks. According to the official announcement, the system supports automatic conversion from USDT to local currency, is available in 12 markets with various regional QR payment schemes, and applies a 0.3% fee per transaction. XT Pay requires users to review transaction details, including merchant identity, local amount, exchange rate, and applicable fees before confirming each payment. There are daily and transaction limits in place, and if payments fail, both the USDT and any deducted fees are returned to the user’s account.
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XT.COM is a digital asset exchange established in 2018, serving over 12 million users across 200 countries with more than 1,300 tokens and a wide range of spot, margin, and futures trading options. Key features highlighted include the availability of cryptocurrencies and fiat deposits, leverage up to 125x, large trading volumes, high liquidity, and a proprietary mining platform, though there are no investment or educational programs. For more details, see the broker profile on Traders Union.
For details on XT.com's recent product launches, see the previous XT.com update on Traders Union, which covered the listing of new USDT-M perpetual futures pairs and their leverage options.