Crypto Exchange

XT crypto exchange review

Buy, sell, trade, and hold cryptocurrencies on XT crypto exchange. In the dynamic world of cryptocurrencies, choosing a secure, reliable, and feature-rich exchange is one of the most crucial decisions for any trader, from beginner to professional. XT.COM, established in 2018, has emerged as a relatively well-known player in this space, offering a wide range of cryptocurrencies, diverse trading tools, and a multi-tiered fee structure. This platform has strived to cater to the various needs of users by providing comprehensive services in both spot and futures markets. In this article, we will conduct a thorough review of XT.COM, evaluate its licenses, detail its trading fee structure, and examine user feedback and various rankings to provide a clear picture of its strengths and weaknesses for the global cryptocurrency audience.

The aim of this review is to offer unbiased and practical information so that you can make an informed decision regarding choosing XT.COM as your preferred exchange.

Exchange NameXT
Official Websitehttps://www.xt.com/
Year Founded2018
LocationSeychelles, Europ
SecurityFinancial reserves, Cold Wallet
FeaturesSpot Trading / Margin Trading / Derivatives Trading / ETF Trading / Strategy Trading / Copy Trading / Buy Crypto / P2P Trading / Earn coins / NFT / Crypto Loan / Savings / Advanced Investment …
Trading fees0.0200% – 0.0400% – 0.0600% Fees
Maximum leverageX200
Download AppAPP StoreGoogle Play
Customer Supportsupport@xt.comSubmit Ticket

About XT.COM

XT.com is a global cryptocurrency trading platform. Essentially it is a platform where users can buy, sell, and trade a large variety of digital assets. Founded in 2018, It has a global top-level domain name xt.com, with more than 7.8 million registered users, over 1,000,000 monthly active users, and more than 40 million users in the ecosystem. XT provides a wide range of services such as exchange trading, OTC trading, margin trading, futures trading, etc. XT.com has a comprehensive transaction platform with 800+ top currencies and over 1000 online trading pairs. The platform’s operation center is in Seychelles. It also has operation centers in Japan, South Korea, and other regions across the globe. It provides a safe, secure and professional trading experience to the users. The XT Group governs the XT Exchange, XT Labs, XT Academy, XT Launchpad, XT Smart Chain and etc.

Where is XT.com exchange located?

XT.COM crypto exchange was established in 2018 and registered in Seychelles. Its operating headquarters is located in Dubai. It has operation centers in Singapore, Seoul and other countries and regions, and its business covers the world.

XT.COM Licenses and Legitimacy

XT.COM holds the licenses of XT BLOCKCHAIN ​​DMCC, Dubai, United Arab Emirates, DMCC, License Number DMCC-875786, and XT LLC, United States of America, MSB license, License Number 31000215413581.

Is XT KYC mandatory?

Based on available information, while XT.COM exchange states that KYC (Know Your Customer) verification is not strictly mandatory, completing it is presented as beneficial for users, potentially unlocking higher withdrawal and trade limits. The exchange also highlights its KYC program as a security measure to vet users and prevent fraudulent activities. Furthermore, completing KYC can be relevant for tax compliance purposes, as larger exchanges like XT.COM may face regulatory pressure to share user data with tax authorities.

Therefore, although optional according to some sources, completing KYC on XT.COM likely provides access to enhanced features and contributes to a more secure trading experience.  

XT crypto exchange ranking

  • Overall Ranking: According to BitDegree, XT.COM’s overall ranking is #109.
  • CEX Ranking: Within Centralized Exchanges (CEX), BitDegree ranks XT.COM at #105.
  • Market Rank: Kriptomat indicates a market rank of 730 based on market capitalization for the XT.com token itself. This is different from the exchange ranking.
  • Liquidity Finder: Ranks XT.COM with a Liquidity Score of 692.
  • CoinMarketCap: Lists XT.COM at #20 in their ranking of top cryptocurrency spot exchanges by reported volume.

XT crypto exchange is among the top 10 crypto exchanges, and currently ranks 20th in spot trading and 6th in futures trading on CoinMarketCap. It is one of the top exchanges for trading.

XT Trading Fees Spot & Futures Fee Rate

the spot trading fees on XT.COM range from 0.2000% for both maker and taker at VIP0 to 0.0200% for both maker and taker at the highest VIP level (VIP12). Your specific fees will depend on both your 30-day trading volume and your XT 24-hour average holdings. You need to meet both criteria for a specific VIP level to enjoy those fees.

the futures fees on XT.COM range from 0.0400% (maker) and 0.0600% (taker) for VIP0 to 0.0040% (maker) and 0.0180% (taker) for the highest VIP level (VIP12). Your specific fees will depend on your 30-day trading volume or your futures account balance.

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