XT.com Exchange Review

XT.com Exchange Review

Robert McDougall 

January 9, 2024


What is XT.com?

XT.com is the world’s very first social-infused exchange offering a wide selection of cryptocurrencies to traders and investors. Founded in 2018, XT.com is currently headquartered in Singapore, but they also have operational centers in Tokyo, Seoul and other major cities to provide exceptional and seamless services to a global community.
As a community-focused crypto exchange, XT.com allows their users to build their own communities, develop business, connect directly with their customers and make other useful connections.
  • Web Address: www.xt.com
  • Main location: Singapore
  • Cryptocurrencies: BTC, ETH, ADA, USDT, DOT, XRP, UNI, LINK, and 100+ more
  • Fiat Currencies: USD, AUD, BRL, CAD, CHF, INR and more
  • Deposit Methods:  Visa Card, Mastercard, Apple Pay, Google Pay, Advcash, Simplex, Bank Transfers, Cryptocurrency
  • Deposit Fees: Varies
  • Trading Fees: Makers: 0.05%, Takers: 0.2%
  • Mobile app: Yes

My Overall Thoughts on XT.com

XT.com is a great choice for traders, whether beginner or professional. They fulfill the demands of modern traders and investors through innovative solutions and the inclusion of the latest markets. Traders can buy and hold specific cryptocurrencies through the platform’s convenient buy and sell section. And they can do so quickly, with just a click. As a cherry on top, the exchange also allows users to stake their assets, mine, enter pools, and receive rewards with ETH 2.0. But in my perspective, the following are hands down the best features of XT.com:

1) Buy a range of crypto assets instantly:  XT.com provides instant access to a plethora of cryptocurrencies. After registering, all you have to do is choose your preferred payment method and the asset you want to buy, and it is credited to your account once payment is approved.

2) Diverse trading markets:  Instead of featuring a single trading market, XT.com hosts several. The platform supports the most common, the spot market, as well as margin trading, where you can increase the leverage. You can also trade derivatives, including futures, contracts, ETFs and indices.

3)The platform supports staking, saving and miningIf you want to put your investments to good use, you can stake your assets or put them in the platform’s savings account to earn a considerable amount of money. You can also opt for cloud mining and earn daily profits based on the plan you have chosen.

XT.com has some great features, but they would benefit from including guides to crypto trading and introducing their own payment options. These are small problems that can be easily solved, so I look forward to seeing what the platform has planned for the future.

Key Features & Advantages of XT.com

XT.com is a complete trading and investing platform that can be a great fit for anyone looking forward to exploring how the blockchain industry works. What sets XT.com apart is that they have divided their trading into two sections. One is for standard traders, who have not been in the industry for long, and one is for pro traders, who do not want to compromise on the availability of options and features.

There are many other benefits and advantages that XT.com offer their customers, some of which I have detailed below.

Negatives & Disadvantages of XT.com

While there are undoubtedly many things to admire about XT.com, there are some criticisms that you should consider too. After expounding the good aspects of XT.com, I have also laid out the negatives and disadvantages.

What Services does XT.com offer?

Instead of focusing on a single crypto community or type of investor, XT.com allows all kinds of traders to join their platform and freely do whatever they want. XT.com offers access to several trading markets, as well as both professional and standard versions of trading, and it makes the sale and purchase of cryptocurrencies easy. These aspects and XT.com’s other specific services are discussed below.

Instant buying and selling with fiat currency:  The foremost feature for a crypto exchange is to offer a fast and reliable buying and selling option, and XT.com excels in this area. Investors can get their hands on their desired assets within minutes. After creating an account, you have access to the Buy Crypto section, where you can select the crypto you want to purchase and choose your preferred fiat currency and payment method. Almost every popular crypto asset is available to buy directly, so you will not have to worry about swapping your assets or trading them with other coins later on. XT.com works with third-party merchants to accept credit or debit cards, Apple Pay, Google Pay, and even Simplex and Advcash.

As for selling, XT.com currently allows their users only to sell BTC and receive fiat in return.

XT.com claims it is gradually adding different fiat currencies to make these purchases available to a wider variety of buyers and sellers.

100+ crypto assets available to trade and buy:  XT.com have not compromised on the variety of cryptocurrencies they offer their users. Over 100+ crypto assets are available to trade on the platform without any hurdles. Not only that but the number of trading pairs is even greater than the number of actual cryptocurrencies. There are at least 100 crypto assets that you can trade on XT.com and more than 300 pairs .

Almost every popular asset with good standing in the crypto market and a decent market cap is available for purchase. A few of the more popular coins that you can directly buy on XT.com are:

  • BTC
  • ETH
  • USDT
  • BUSD
  • LINK
  • LTC
  • BAT
  • MANA
  • DOGE
  • SHIB

This is just a small sampling of assets available; many others can also be purchased.

P2P market for competitive purchasing:  The exchange features a P2P market, which provides opportunity for buyers or sellers to trade a specific asset at their desired price. Because P2P markets are run by individuals or companies not affiliated with the platform itself, there are usually several sellers from whom you can buy a particular asset. This allows you to shop around to find the best price.

However, XT.com currently allows the P2P sale of only USDT, BTC, and ETH.

Apps for Windows, iOS and Android:  It does not matter if you prefer a laptop, a desktop, or a mobile device - you can get an intensely fast and easy experience through XT.com’s dedicated applications for Windows, Android and iOS. All of XT.com’s functionalities are available on their website. However, if you don’t want to use a web browser, you can also download the Windows application for a more seamless experience or download an app to your smart phone for more flexibility.

The mobile apps do not dilute the user experience. Users can still trade within different markets, evaluate charts, access crucial info, check out conditions and do much more right from their mobile devices. The process is just as quick and efficient as a web browser.

Diverse professional and standard trading options:  XT.com offers several trading options. This can be confusing to some traders, but ultimately having diverse options is always a good idea in a volatile market like crypto.

The two main trading markets available at XT.com are margin trading and spot trading. XT.com also feature derivatives, including futures trading (USDC and crypto), Quanto Contracts, ETFs and ETF indices.

Margin trading allows you to increase your trading potential and take bigger risks. XT.com offers leverage up to 20x, which is not the absolute best but is quite good compared to other platforms.

If you want to keep things simple, you can go with spot trading, where more than 300 trading pairs are available. The future market, ETFs, indices and contracts also offer hundreds of pairs to explore. You can go with any pair and open trades whenever you want.

Lastly, to make things easier for beginners, XT.com has divided its trading markets into two sections: professional and standard. Professional trading offers a full-fledged trading experience with detailed charts. The standard trading option is easier to understand.

Detailed and accurate trading charts:  The charts available at XT.com are fetched by TradingView, one of the biggest charting platforms that offer accurate, real-time charts. They are trusted by 30 million+ traders from all over the world due to their accuracy and customizing options.

The functionality of these trading charts at XT.com allows traders to switch between the trading view and depth map. There is an option to select the time period of the charts up to one week. Traders can also integrate indicators, replace the candles, enter full-screen mode, and check the order book from the right-hand panel.

Easy-to-understand interface and layout:  The overall interface of XT.com is very easy and beginner friendly. It takes mere minutes to find exactly what you are looking for. If you are a sole investor, you can ignore all the options and just visit the buy/sell option. If you are a trader, you can go with either the trading option or the derivatives option to start trading. If you want to check your account’s details and the assets you own, simply click the top right corner of the platform.

Extra earnings through saving and staking options:  If you own some assets and do not want to leave them sitting around, XT.com has options. You can put them in the savings account of XT.com. The best thing about savings is that you can choose between fixed savings and flexible savings. Flexible savings usually offer better returns than fixed savings.

Alternatively, you can stake your assets for a specific period. XT.com offers up to 500% APY on some of the new coins listed on the platform. But these types of offers are for limited times only with limited supply. If you are looking for standard staking options, then you can get an APY of up to 10% for a whole range of assets, which is certainly good.

Cloud mining available:  Through XT.com, you can purchase different cloud mining servers and earn money through them. As of now, XT.com does not have a very wide range of servers available, but you can have several copies of each server to earn even more. Keep in mind that the earnings vary depending on market conditions.

Live Chat option for quick customer support:  You can contact the XT.com support team within seconds through their Live Chat option. This feature is available most of the time, but you can also submit a ticket to solve your problem in an unfortunate case where it is not available.

Easy and convenient signup process:  Countless crypto exchanges do not even let users in without full identity verification. But with XT.com, users can explore everything on the platform just by verifying their email. The whole signup process takes only a minute. But if you want to avoid limits and restrictions, you will have to provide your identity documents. These limits and restrictions are put in place by the platform as a safety precaution to avoid fraud and scams.

What I don't like about XT.com

Although there are many aspects of XT.com that I admire, there are some things, discussed below, that can create a few hassles for users.

Dependent on third-party payment services:  Offering several payment options through third-party merchants is not bad in and of itself. In fact, third-party merchants make it easier for platforms to support several payment channels without facing many problems. However, third-party merchants can charge ridiculously high fees. They charge anywhere between 2% and 5% for every transaction. Such fees could be lowered if XT.com owned and systemized their own payment methods.

Lack of guides and informational posts:  Although the customer support at XT.com is quite good, it would be even better if the exchange offered their users informative guides and posts. Not everyone enters the blockchain industry with precise and accurate knowledge of trading and investing. People might need help understanding how things work and where to start, but unfortunately, XT.com contains no such information.

Their small FAQ section mostly focuses on problems specifically related to the platform. So if you plan to join XT.com, I recommend you learn to trade and invest from another platform before you start your trading journey with XT.com.

XT.com Fees

XT.com Deposit Fees

The deposit fee at XT.com varies depending on the chosen payment method.

  • Mercuryo charges on all available methods: 3.8%
  • Banxa charges for VISA/MasterCard and Apple Pay: 1.96%
  • Advcash charges for VISA/Mastercard: Varies
  • Simplex charges: Varies
  • Crypto deposit: Free

XT.com Trading Fee

The trading fee at XT.com starts at 0.05% for makers and 0.2% for takers. The fee is quite reasonable compared to other exchanges. And the best thing is you can lower the fee if you have greater trading volume in the past 30 days.

Along with your 30 days trading volume, you must hold the exchange’s native token to reduce the fee.

XT.com Fiat Withdrawal Fees

The only way to withdraw your fiat currencies from XT.com is to sell your BTC in exchange for fiat currency. For that, you will have to opt for the third-party merchant Banxa to fulfill the transaction. Banxa charges 0.0006 BTC for each withdrawal. They pay in only AUD, GBP or EUR.

XT.com Crypto Withdrawal Fees

The crypto withdrawal fee at XT.com is not fixed, and each cryptocurrency has its own withdrawal fee, which you can find here.

One great aspect is that there is no fee for certain crypto assets. For instance, you pay nothing to transfer BTC or ETH from XT.com to your wallet. There are others that you can withdraw from the platform without any charge.

Pros and Cons of XT.com

  • Over 100+ cryptocurrencies available
  • Several trading markets integrated
  • Easily buy and sell cryptocurrencies
  • Earn through staking, savings and mining
  • Accurate charts and professional trading experience
  • Third-party merchants mean higher fees
  • No learning guides, informational posts or help center


XT.com have proven why they can be a worthy exchange for traders and investors from all over the world. The platform is accessible to most of the world. It has several markets to trade in very quickly. Investors can buy different cryptocurrencies right away with their preferred payment methods and simply hold them or stake them on the platform. Their standard trading markets offer a simple alternative to their professional ones.

The platform itself is also easy to use. Due to the inclusion of Live Chat support and ticket submissions, you can always have any concerns solved in no time. If you want to continue researching before settling on a crypto exchange, you can have a read of our article on the best cryptocurrency exchanges. There is also a comparison table below that shows some key information.

Comparison Table of the Best Crypto Exchanges in the USA

Crypto Exchange
Crypto Exchange
Fiat Currencies
Fiat Currencies
USD, GBP, EUR, CHF, AUD, JPY & 21 more
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & 10+ more
MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more
BTC, ETH, BCH, DASH, LTC, ETC & 75 more
BTC, ETH, ADA, DOGE, COMP, DOT & 125+ more
BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
PayPal, Debit card, Wire transfer
Bank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, Cryptocurrency
Credit card, Debit card, Fedwire, Apple Pay, Google Pay
Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency
Trading Fees
Trading Fees
0% for spot, 0.0%/0.01% for futures
Fees included in the spread
2.93% - 3.90% (depending on loyalty level)
Included in spread

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Frequently Asked Questions

Can US citizens register on XT.com?

Yes, XT.com is available for US users. They can easily register on the platform, and almost every financial activity and asset are available to them.

Is XT.com a trusted exchange?

Yes, XT.com is a trusted and secure crypto exchange. Since it was established in 2018, there have been no reports of breaching, hacking, or compromising. You can trust the platform with your funds and activities.

Where is XT.com located?

XT.com is currently headquartered in Singapore, but they have operational centers all over the world.

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