XT Exchange Review

This XT Exchange review gives you a concise look at the crypto exchange, summarizing its core features, costs, and funding options so you can decide if this trading platform fits your needs.

is a Seychelles‑registered crypto exchange that has operated since 2018. The company positions itself as a social‑driven trading platform with support for 11 languages, most recently adding Thai and Vietnamese. As of 26 September 2022, it reports 6 million registered accounts, more than 500,000 monthly active users, and a wider ecosystem surpassing 40 million participants. In industry terms, those figures can place it in the mid-size range rather than among the handful of largest exchanges that typically dominate global volume and user counts.

On the regulatory side, is described here as Seychelles‑registered, but specific regulatory licenses or registrations are not detailed in this overview. Because oversight can vary by jurisdiction, it’s important to confirm what authorizations (if any) apply to your country or region before you deposit funds or start trading.

underscores three primary strengths:

• Low-latency order-matching engine.
• Security practices: offline signing, layered architecture, hot/cold wallet segregation.
• Over-the-counter trading for large orders with swift settlement.

Main disadvantages to keep in mind include:

• The standard taker fee may be less competitive for active traders who prioritize the lowest possible trading costs.
• The Bitcoin withdrawal fee is above a frequently cited benchmark, which can matter if you move BTC on-chain often.
• If you prefer a simplified “buy/sell” experience, the full trading interface and broader feature set may take longer to learn.

As for whether ’s wallet and custody setup are “safe,” the platform highlights internal measures such as offline signing and wallet segregation, but you should still treat any centralized exchange as a custody risk and size positions accordingly. Insurance coverage and user fund protection policies are not clearly outlined in this summary, so review the platform’s current terms to see whether it offers an insurance policy, reserve fund, or a defined reimbursement process for security incidents.

On the user side, your biggest security gains typically come from hardening your own account: use a unique password, enable two-factor authentication if available, turn on withdrawal address allowlisting if available, and review device and login management settings before funding the account.

Every crypto exchange arranges its workspace differently, and no single layout suits everyone. Most trading screens display at least part of the order book, a live price chart for the selected cryptocurrency, and recent trade history, alongside buy and sell tickets. Review the interface in advance to ensure it matches how you prefer to trade. Below is a snapshot of ’s layout.

supports a wide range of markets, and the total number of supported coins and trading pairs can change frequently and reach into the hundreds. Examples of commonly seen major markets on many exchanges include BTC-Tether and ETH-Tether pairs, alongside a broader selection of altcoin pairs.

Trading Fees

Exchanges typically charge a percentage fee on each order, with different rates for takers and makers. Takers remove liquidity by matching existing orders from the order book, while makers add liquidity by placing new orders that sit on the book.

Withdrawal Fees

Supports bank transfers and, since 19 December 2020, also accepts credit and debit card deposits via a partnership with Banxa.

• 13 fiat on-ramp channels.
• Supported card purchases: Bitcoin (BTC), Ethereum (ETH), Chainlink, Litecoin, Xrp, Tether (Usdt).

Promotions can change over time, and any welcome bonus or sign-up incentive may be time-limited or account-level dependent. If a welcome offer is available, it is typically claimed through the promotions or rewards area after you create an account and meet the eligibility requirements (such as completing identity verification and/or meeting a deposit or trading activity threshold).