XT.com is a cryptocurrency exchange founded in 2018 that offers advanced features such as spot, futures, and margin trading, supporting over 800 cryptocurrencies and 1,000 trading pairs. The platform also provides high-leverage futures trading (up to 125x), staking, and an NFT marketplace.
The main features of XT.com are the XT.com mobile app, XT Earn, XT futures trading, and XT copy trading. It is easy for beginners and has powerful charting and trading tools for experienced traders, making it the best crypto platform for anyone looking to trade safely.
This XT review will explain what XT.com is, its security and compliance level, fees, whether XT.com is legit, and its key features. We will also provide a step-by-step guide on how to open a new XT.com account to start trading.
What Is XT.com?
The XT.com crypto exchange was launched in 2018 and headquartered in Seychelles. It has grown very fast since its launch and now has more than 7.8 million registered users. It supports more than 800 tokens and 1,000 trading pairs and is the best platform to exchange popular coins like Bitcoin, Ethereum, Solana, and many smaller altcoins.
The platform offers extensive trading options. You can do spot trading, futures trading, and margin trading with up to 3x to 20x leverage. It also offers other features like copy trading for beginners. You can even earn a passive income through staking and savings options. XT.com also has its own NFT marketplace (called XT NFT) and XT Launchpad, through which new projects can fundraise.
XT.com trading commissions are slightly higher than in peers at 0.2% maker and 0.2% taker and no commission on deposits, but withdrawal fees differ with tokens and networks. XT.com is also very user-friendly with iOS and Android apps. It supports 12+ fiat currencies to buy crypto with credit or debit cards. Also, the high-performance platform engine executes fast trades with no latency.
Founded2018HeadquartersSeychellesUsers7.8 million registered usersSupported Cryptos800+ tokens, 1,000+ trading pairsTrading OptionsSpot, Futures, Margin (3x-20x leverage), P2P, Copy TradingLeverageUp to 125xTrading Fees0.2% (Spot), 0.04%-0.06% (Futures)KYC RequirementOptional (No-KYC trading available)Security Measures2FA, Anti-Phishing, Cold Storage, PoR, Bug BountyAvailability100+ countries (Restricted in US, Canada, China, etc.)Mobile AppAvailable on iOS, Android, and WindowsTrading VolumeExceeds $1 billion daily
Trade crypto easily on XT.com – a secure and user-friendly exchange with advanced features for all traders. Start your journey today.
What Are the Pros and Cons of XT.com?
XT.com Pros
The pros of XT.com are multiple supported cryptocurrencies, advanced trading features, high leverage for futures, fast transaction speed, and global accessibility.
- Large Cryptocurrency Variety: XT.com supports over 800 cryptocurrencies in its portfolio that range from mainstream coins like Bitcoin and Ethereum to new altcoins.
- Advanced Trading Features: The platform offers advanced financial instruments such as copy trading, P2P trading, Launchpad, OTC trading, and staking to expert traders.
- High Leverage in Futures: A maximum of 125x leverage can be used in perpetual futures contracts of BTC or ETH.
- Fast Transaction Times: XT.com executes deposits and withdrawals swiftly, and most crypto transactions get confirmed within minutes. The speed ensures that users get to trade or withdraw funds in a timely manner.
- Global Accessibility: The exchange can be accessed in over 100 countries and in a variety of languages, including English, Chinese, and Spanish. It becomes accessible to worldwide traders.
XT.com Cons
The cons of XT.com are high trading fees, lack of regulatory compliance, and no-KYC trading, which increases money laundering risks.
- High Trading Fees: The maker and taker fees in spot trading are 0.2%. The fees are quite higher than those of some other virtual currency exchanges like MEXC and Bitget.
- No Regulatory Compliance: XT.com lacks licenses from well-known authorities like the FCA or SEC. No regulation means less recourse in case of losses or disagreements.
- No-KYC Trading Raises Money Laundering Risks: XT.com offers no-KYC trading. No identity verification trading offers anonymity but raises the risks of illegal activities like money laundering.
What Are XT.com’s Supported Countries?
XT.com is supported in over 100 countries in Asia, Europe, and the Middle East. The exchange is operational in almost all popular crypto countries due to no strict restrictions and its no-KYC policy. According to its terms, XT.com is restricted to the United States, Canada, Mainland China, Cuba, North Korea, Singapore, Sudan, Syria, Venezuela, and Crimea.
Is XT.com Available in the US?
No, XT.com is not available to U.S. citizens because it lacks licenses from major U.S. bodies such as the SEC or the CFTC to be run lawfully. The platform’s terms and conditions explicitly prohibit U.S.
