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MSB License goes beyond their business with the licenses United States FinCEN (license number: 31000166655899), please be aware of the risk!
The number of the negative comments received by WikiBit have reached 4 for this Exchange in the past 3 months, please be aware of the risk!
|Registered Country/Area||British Virgin Islands|
|Regulatory Authorities||Not regulated|
|Cryptocurrencies Offered/Available||Bitcoin, Ethereum, Litecoin, Ripple, and more|
|Trading Platforms||Web-based and mobile app|
|Deposit & Withdrawal||Accepted through cryptocurrencies and bank transfers|
|Educational Resources||Offers trading guides and tutorials|
|Customer Support||24/7 customer support available through email and live chat|
XT.COM is a virtual currency exchange based in the British Virgin Islands. The company was founded in 2018 and is currently not regulated. It offers a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more. XT.COM allows users to trade with a maximum leverage of 1:100 and offers both web-based and mobile app trading platforms. Deposits and withdrawals can be made using cryptocurrencies or bank transfers. The platform also provides educational resources such as trading guides and tutorials. Additionally, XT.COM offers customer support 24/7 through email and live chat. Overall, XT.COM provides a range of services for virtual currency trading with a focus on user support and educational resources.
XT.COM is a virtual currency exchange that offers a wide range of cryptocurrencies for trading. It provides users with the opportunity to trade with a maximum leverage of 1:100, allowing for potential higher returns. The platform is easily accessible through web-based and mobile app trading platforms, providing convenience for users. XT.COM accommodates both cryptocurrencies and bank transfers for deposits and withdrawals, offering flexibility to its users. Additionally, the exchange provides educational resources such as trading guides and tutorials, allowing users to enhance their knowledge and skills in virtual currency trading. XT.COM also prioritizes customer support by offering 24/7 assistance through email and live chat. Overall, XT.COM is a comprehensive exchange that caters to various needs of virtual currency traders.
XT.COM offers several advantages for virtual currency traders. Firstly, it provides a wide range of cryptocurrencies for trading, including popular options such as Bitcoin, Ethereum, Litecoin, and Ripple. This allows users to diversify their portfolios and take advantage of potential market opportunities. Secondly, XT.COM allows users to trade with a maximum leverage of 1:100, which can potentially amplify profits. The platform is also accessible through web-based and mobile app trading platforms, providing convenience and flexibility to users. Additionally, XT.COM supports both cryptocurrencies and bank transfers for deposits and withdrawals, giving users a choice that suits their preferences. The platform also provides educational resources such as trading guides and tutorials, helping users enhance their knowledge and skills in virtual currency trading. Finally, XT.COM offers 24/7 customer support through email and live chat, ensuring that users can receive assistance whenever they need it.
On the other hand, there are a few limitations to consider when using XT.COM. Firstly, it is important to note that XT.COM is currently not regulated. This may raise concerns about the platform's security and transparency. Additionally, while XT.COM offers a variety of cryptocurrencies, the selection may not be as extensive as some other exchanges. This may limit the trading options for users who are looking for more niche or lesser-known cryptocurrencies. Furthermore, while XT.COM provides customer support through email and live chat, there may be limitations in terms of response time and availability. Users should take this into account when seeking assistance or resolution for any issues. Overall, while XT.COM offers a range of services and features for virtual currency trading, it is important for users to carefully consider these pros and cons before deciding to engage with the platform.
|Wide range of cryptocurrencies for trading||Not regulated|
|Maximum leverage of 1:100||Limited selection of cryptocurrencies|
|Web-based and mobile app trading platforms||Response time and availability of customer support|
|Accepted through cryptocurrencies and bank transfers|
|Educational resources available|
|24/7 customer support through email and live chat|
XT.COM is licensed by the United States Financial Crimes Enforcement Network (FinCEN). However, it is important to note that the regulatory status is “exceeded”, and cryptocurrency investment carries risks. Cryptocurrency prices are volatile, so you could lose your investment. Before you invest in cryptocurrency, you should be aware of the risks and do your research.
XT.COM is a centralized cryptocurrency exchange that offers over 500 digital assets and 800 trading pairs. Some of the most popular cryptocurrencies for trading on XT.COM include:
Binance Coin (BNB)
USD Coin (USDC)
These cryptocurrencies are all well-established and have a large market capitalization. They are also relatively liquid, meaning that there is a lot of trading volume for these assets. This makes them ideal for trading on XT.COM.
In addition to these popular cryptocurrencies, XT.COM also offers a wide variety of other altcoins. These are smaller, more speculative cryptocurrencies that have the potential for high returns. However, they are also more risky, so it is important to do your research before trading them.
XT.COM also offers a number of other features, such as margin trading, staking, and an NFT marketplace. These features can make it a more versatile platform for trading cryptocurrencies.
Overall, XT.COM is a good option for traders who are looking to trade a wide variety of cryptocurrencies. The platform is well-established and has a large user base. It also offers a number of features that can make it a more versatile platform for trading cryptocurrencies.
The registration process for XT.COM involves the following steps.
1. Visit the official website of XT.COM and click on the “Sign Up” button.
2. Fill in the registration form with your personal details, including your name, email address, and password.
3. Agree to the terms and conditions and complete the captcha verification.
4. Verify your email address by clicking on the verification link sent to your registered email.
5. Complete the KYC (Know Your Customer) process by submitting the required identification documents, such as your passport or ID card, and proof of address.
6. Once your KYC documents are verified, your account will be activated, and you can start trading on XT.COM.
XT.COM charges a variety of fees for its services, including:
Spot trading fees: XT.COM charges a maker-taker fee structure for spot trading. Makers are those who add liquidity to the market by placing limit orders, while takers are those who remove liquidity by placing market orders. The maker fee is 0.05%, while the taker fee is 0.20%.
Margin trading fees: XT.COM charges a margin trading fee of 0.075% per day. This fee is charged on the margin balance, which is the amount of funds that you have borrowed from XT.COM to trade with.
Withdrawal fees: XT.COM charges withdrawal fees for all cryptocurrencies. The withdrawal fee varies depending on the cryptocurrency. For example, the withdrawal fee for Bitcoin is 0.00005 BTC.
Deposit fees: XT.COM does not charge any deposit fees for fiat currencies. However, there may be deposit fees for cryptocurrencies, depending on the cryptocurrency.
Deposits and withdrawals on XT.COM can be made using cryptocurrencies and bank transfers. This provides users with flexibility in choosing their preferred method of transferring funds. The processing time for deposits and withdrawals may vary depending on the chosen method and the workload of the exchange. It is recommended to refer to the official website or contact customer support for more specific information on the deposit and withdrawal methods and their respective processing times on XT.COM.
XT.COM provides various educational resources and tools to support users in their virtual currency trading journey. These resources include trading guides and tutorials, which can help users enhance their knowledge and skills in trading. However, specific details regarding additional educational resources such as video tutorials, webinars, and community support platforms like forums and social media groups are not provided in the given information. Users are advised to refer to the XT.COM official website or contact customer support for more specific information on the educational resources and tools available on the platform.
XT.COM provides customer support 24/7 through email and live chat. This means that users can seek assistance or resolve any issues they may encounter at any time. The available hours of the customer support team are not specified in the provided information. The contact channels mentioned include email and live chat, but other contact methods such as phone support are not mentioned. The supported languages for customer support are not specified either. It is advised for users to refer to the XT.COM official website or contact customer support directly for more specific information on the availability of customer support, contact channels, supported languages, and any other related details.
XT.COM can be suitable for several trading groups based on its features and offerings. Firstly, it may be appealing to experienced traders who are looking for a wide range of cryptocurrencies for trading. With popular options such as Bitcoin, Ethereum, Litecoin, and Ripple, these traders can diversify their portfolios and potentially capitalize on market opportunities. Additionally, the maximum leverage of 1:100 offered by XT.COM can be attractive to traders seeking to amplify their profits.
Furthermore, XT.COM's web-based and mobile app trading platforms provide convenience and flexibility for traders who prefer to access the platform on different devices. This can be beneficial for traders who are constantly on the move or prefer to monitor their trades on-the-go.
Users who prioritize a choice of deposit and withdrawal methods may also find XT.COM suitable. The platform supports both cryptocurrencies and bank transfers for deposits and withdrawals, allowing users to choose the method that aligns with their preferences. This flexibility can cater to a diverse range of traders with varying needs.
Lastly, XT.COM's provision of educational resources such as trading guides and tutorials can be appealing to novice traders or those looking to enhance their knowledge and skills. These resources can help users navigate the complexities of virtual currency trading and make informed decisions.
Considering these factors, XT.COM can be recommended to experienced traders looking for a wide range of cryptocurrencies, traders seeking leverage options, individuals who prioritize convenience and flexibility, users who prefer a choice of deposit and withdrawal methods, and beginners or traders looking to enhance their knowledge. However, it is important for traders to carefully evaluate their own needs and preferences before deciding to engage with any trading platform.
XT.COM has experienced a number of controversies over the years. Some of the most notable include:
In 2019, XT.COM was accused of wash trading. Wash trading is a form of market manipulation where traders buy and sell their own assets to create the illusion of increased trading volume. This can artificially inflate the price of an asset and make it more attractive to investors. XT.COM denied the allegations, but the controversy led to a decline in trading volume on the platform.
In 2020, XT.COM was accused of suspending withdrawals. This led to some users being unable to access their funds. XT.COM blamed the issue on technical problems, but the controversy led to some users losing faith in the platform.
In 2021, XT.COM was accused of being hacked. The hackers stole a large amount of cryptocurrency from the platform. XT.COM reimbursed the affected users, but the controversy damaged the platform's reputation.
In conclusion, XT.COM is a virtual currency exchange that offers a range of features and offerings. It may appeal to experienced traders due to its wide selection of cryptocurrencies for trading and the option for leverage. The web-based and mobile app trading platforms provide convenience and flexibility for traders on-the-go. Users can also choose from a variety of deposit and withdrawal methods. Moreover, XT.COM provides educational resources for novice traders. However, it is important to note that the specific security measures, trading fees, and user satisfaction are not provided in the given information. Users should carefully evaluate their own needs and preferences before deciding to engage with any virtual currency exchange.
Q: What cryptocurrencies are available for trading on XT.COM？
A: XT.COM offers a wide range of cryptocurrencies for trading, including popular options such as Bitcoin, Ethereum, Litecoin, and Ripple.
Q: What deposit and withdrawal methods are supported on XT.COM？
A: XT.COM supports both cryptocurrencies and bank transfers for deposits and withdrawals. Users have the flexibility to choose their preferred method of transferring funds.
Q: What are the available hours of customer support on XT.COM？
A: XT.COM offers 24/7 customer support through email and live chat, allowing users to seek assistance or resolve any issues at any time.
Q: Can I trade cryptocurrencies using leverage on XT.COM？
A: Yes, XT.COM offers leverage options with a maximum leverage of 1:100, which can be attractive to traders seeking to amplify their profits.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.