XT.com emerges as a substantial crypto exchange, boasting 8 million registered users and processing a staggering $40 billion in daily futures volume. Launched in 2018, the platform supports over 800 tokens across 1,000+ trading pairs with leverage options up to 125x. Its ecosystem features social trading capabilities, automated grid bots, and competitive fee structures starting at 0.20% for spot trades. Security protocols include multi-signature wallets and 24/7 monitoring—standard fare for any platform handling institutional capital.
The burgeoning landscape of cryptocurrency exchanges has witnessed numerous contenders vying for market dominance, with XT.com emerging as a formidable player since its 2018 inception.
Boasting nearly 8 million registered users and a monthly active user base exceeding 1 million, this platform has cultivated an ecosystem of over 40 million participants—no small feat in the volatile digital asset sphere.
The exchange supports a robust selection of more than 800 tokens across 1000+ trading pairs, positioning itself as an extensive trading venue for enthusiasts and professionals alike.
XT.com has particularly distinguished itself in derivatives trading, processing a staggering $40 billion in daily futures volume.
With over 420 active futures pairs (including those ever-proliferating meme coins that somehow continue to attract capital), traders can leverage positions up to 125x—a multiplier that, while potentially lucrative, might give prudent risk managers a moment of pause.
The platform’s deep liquidity minimizes slippage, a vital factor for institutional participants who require efficient execution.
The exchange further differentiates its offering through social trading features that allow users to mimic the strategies of top-performing traders (ranked by metrics that actually matter: ROI, PnL, and win rate).
Its automated grid bot functionality, while currently limited to futures markets, represents the platform’s foray into the increasingly popular algorithmic trading space, similar to the grid trading automation featured by established exchanges like LBank.
Fee structures at XT.com follow the industry-standard tiered model, with baseline spot trading fees of 0.20% that decrease based on trading volume and XT token holdings—potentially dropping to a mere 0.02% for high-volume users.
Futures traders encounter even more favorable rates starting at 0.04% maker/0.06% taker.
While crypto deposits incur no fees, withdrawal costs tend to exceed those of competitors like Binance.
The platform implements standard security protocols to protect user funds and data, though specific measures remain somewhat opaque. The exchange employs 24/7 platform monitoring to ensure comprehensive protection of digital assets against potential security threats.
The platform’s multi-signature wallets provide an additional layer of security that aligns with DeFi 2.0 standards for institutional-grade asset protection.
With its extensive asset support, diverse trading options, and integrated NFT marketplace, XT.com presents a viable alternative for traders seeking extensive cryptocurrency services under a single digital roof.
Frequently Asked Questions
How Secure Is XT.Com Compared to Other Cryptocurrency Exchanges?
XT.COM demonstrates relatively robust security compared to industry peers, employing cold storage, multi-signature wallets, and a substantial reserve fund ($146M).
While not impervious—as evidenced by their $1.7M breach in November 2024—this incident pales in comparison to Mt. Gox’s and Coincheck’s catastrophic failures.
Their swift response to the breach, transparency protocols, and commitment to future enhancements (including Merkle tree asset proof) position them favorably in the ever-precarious exchange ecosystem, though vigilance remains paramount.
What Fees Does XT.Com Charge for Deposits and Withdrawals?
XT.com typically charges no fees for cryptocurrency or fiat deposits—a welcome deviation from industry norms.
Withdrawals, however, follow the familiar pattern of blockchain-specific charges, with Bitcoin extractions costing 0.001 BTC per transaction (marginally above industry averages).
Fiat deposit options include wire transfers and credit/debit cards through Banxa, supporting 13 currencies.
The fee structure remains competitive for trading (makers: 0.05%, takers: 0.20%), though withdrawal fees might give budget-conscious traders momentary pause.
Does XT.Com Offer Staking or Yield Farming Options?
XT.com indeed offers both staking and yield farming options for crypto enthusiasts seeking passive income streams.
The platform enables users to stake various cryptocurrencies to earn yields while participating in blockchain validation processes.
Their DeFi integration facilitates yield farming opportunities, allowing liquidity provision across multiple protocols.
The exchange’s Innovation Zone supports emerging projects with governance features, creating an integrated ecosystem where holders can generate returns without liquidating their assets—a welcome reprieve from the often anemic returns of traditional banking.
How Responsive Is XT.Com’s Customer Support Team?
XT.com’s customer support team demonstrates solid responsiveness, particularly during security incidents, when they’ve shown swift action and transparent communication.
While specific response times aren’t documented, their infrastructure includes dedicated email channels ([email protected] for general inquiries, [email protected] for listing support) and a security-first approach during crises.
User feedback suggests generally positive reception, though the absence of confirmed 24/7 availability or live chat options represents potential limitations in their support architecture.
Can US Residents Legally Trade on XT.Com?
US residents can technically access XT.com, though the exchange’s lack of US financial licensing creates a regulatory gray area that should give prudent investors pause.
While not explicitly banned in the US, the platform operates without domestic regulatory oversight—a distinction that matters considerably if disputes arise.
Users trading on XT.com do so at their own risk, potentially traversing complex compliance waters should regulatory positions shift unexpectedly.
