Xt.com
review and rating

XT Exchange in Hong Kong offers extensive cryptocurrency trading opportunities with a daily trading volume surpassing $100 million and a user base exceeding 2 million people. Established in October 2018, the platform has its main office in Hong Kong and additional offices in Japan, Singapore, South Korea, and Spain.

Users can customize their experience by choosing from four display currencies and four languages for information presentation, though Russian is not among the supported languages. The exchange provides access to 148 cryptocurrencies and 205 trading pairs.

Regarding security, XT Exchange employs robust measures including data encryption, cold wallets, protection against bots and DDoS attacks, 24-hour security surveillance for servers housing user data, and security checks. Users are required to set an additional password and can opt for two-factor authentication. The customer support service operates 24/7 through online chat, instant messengers, and ticket creation, but communication in Russian is not supported.

XT Exchange offers two trading interfaces: basic and pro, both sharing common elements but with differing layouts and designs. These elements include a list of trading pairs, price charts, trading history, and order creation options encompassing limit, market, stop profit, and stop loss orders. Additionally, the platform supports margin trading with leverage up to 20x across 49 trading pairs.

Notably, XT Exchange provides a dedicated mobile application, allowing traders to conveniently access exchange services on the go. The app can be downloaded from the XT website as well as online stores like Google Play and the App Store. It facilitates various activities such as fund deposits and withdrawals, trading, viewing quotes and news, and modifying security settings, offering support for four localization languages, excluding Russian.

XT Exchange also introduces its native token, XT, adhering to the ERC-20 standard, with a total supply of 1 billion units. The XT token is primarily used for trading purposes, featuring seven trading pairs.

- XT.COM typically supports a wide range of cryptocurrencies, giving users the ability to trade and invest in various digital assets.

- Reputable exchanges prioritize the security of user funds and personal information. If XT.COM follows industry best practices, it would likely implement robust security measures to protect its users.

- A user-friendly interface makes it easier for users to navigate the platform, execute trades, and manage their portfolios.

- If XT.COM offers derivatives trading, it provides users with additional options for trading strategies, including futures contracts and potentially other derivative products.

-Depending on the jurisdiction, cryptocurrency exchanges may face regulatory challenges. Users should be aware of the regulatory status of XT.COM in their region and understand potential implications.

- The liquidity of trading pairs can impact the trading experience. Lower liquidity may lead to issues such as slippage during trades, especially for less commonly traded assets.

- Some users may experience challenges with customer support on certain exchanges. It's important for exchanges to provide responsive and helpful customer support to address user concerns.

- If XT.COM has limited support for fiat currencies, users may need to use other platforms for converting fiat into cryptocurrencies before trading on XT.COM.

- Users should verify the accuracy of information provided by the exchange, including trading pairs, fees, and terms of use, to ensure they have the most up-to-date and reliable information