XT.com Review: Security, Fees, KYC Standards, and Trading Experience

XT.com was founded in 2018 as a comprehensive exchange platform. It holds regulatory licenses, maintains asset‑reserve safeguards, offers transparent fee structures, and implements tiered KYC management. The overall trading experience is suited for beginners and users dealing with small amounts.

XT.com exchange, established in 2018, provides spot trading, contract trading, and other cryptocurrency services. It supports more than 800 crypto assets and 1,000 trading pairs, and holds a registration in the Seychelles together with a Dubai Multi Commodities Centre (DMCC) license. These credentials help protect user assets and make the platform appropriate for newcomers and low‑volume traders.

Basic Overview

• Official website: XT.com
• Official download: Download link
• Headquarters: Seychelles; operational centers in Singapore, Europe and other regions
• Product lines: Spot, margin, OTC, contracts, credit‑card crypto purchases, etc.

One of XT.com’s co‑founders, Weber, disclosed that the team invested more than US$2 million (approximately TWD 60 million) in the domain name and has been involved in mining and mine‑operation since 2013. Current CEO Albin Warin has been an entrepreneur in Japan, the United States, France, and China since 2008, bringing extensive management experience.

The following sections provide a detailed evaluation of XT.com’s security, fee structure, KYC standards, and overall trading experience.

In this article we systematically assess XT.com, covering regulatory licences, asset‑reserve safety, fee transparency, tiered KYC management, and the overall user interface and operational experience, to help beginners and low‑volume traders decide whether the platform is worth using.

Security and Asset Protection

XT.com’s security measures focus on three main dimensions:

1. Regulatory licences

• Holds a Seychelles Financial Services licence.
• Granted a licence from the United Arab Emirates Dubai Multi Commodities Centre (DMCC), which regulates commodity and financial futures trading.

1. Asset reserves

• At the beginning of 2024 the platform disclosed an on‑chain reserve of roughly US$56 million (link to announcement). The figure has not been audited by a third party, nor is a Merkle proof publicly available.

1. Bug bounty programme

• Rewards security researchers who report vulnerabilities, with payouts ranging from US$50 to US$2,000, which is relatively low compared with industry standards.

KYC Standards

XT.com does not force every user to complete KYC. Completing verification raises withdrawal limits and unlocks additional features. The comparison is shown below:

For more detailed withdrawal limits, refer to the official announcement.

Note: Crypto gains may be taxable in your jurisdiction; consult a tax professional for guidance.

Record of Security Incidents

To date, publicly available information indicates that XT.com has not experienced any hacking incidents or asset thefts since its launch in 2018.

💡 Registration benefit: Use promo code `ZFENM8` to obtain a fee discount.

Fee Structure

Spot and Contract Maker / Taker Fees

Deposit Fees

• Crypto deposits are free of charge.

Withdrawal Fees

Tip: Withdrawal fees depend on network congestion; the actual fee displayed on the withdrawal page is final.

For fiat withdrawals, XT.com uses SEPA/SWIFT channels. Residents of the United States should use regulated services such as Binance.US for fiat on‑ramps, as the global Binance platform is not available to U.S. users.

Trading Product Experience

Spot Trading

XT.com supports spot trading for Bitcoin, Ethereum and a wide range of altcoins. The platform offers four basic order types—market, limit, stop‑loss and trailing‑stop—catering to both beginners and traders chasing hot assets. The UI follows a conventional layout with clear entry points, allowing users to locate required functions quickly.

Contract Trading

The contract interface mirrors the spot layout, preserving a consistent user habit. Below are the minimum order sizes and maximum leverage for popular perpetual contracts:

USDT‑margin perpetual contracts

Coin‑margin perpetual contracts

XT.com’s minimum order quantities are generally lower than those of mainstream platforms, aligning with its retail‑oriented positioning. Contract trading also supports market, limit, scheduled, trailing, post‑only (maker‑only) and take‑profit / stop‑loss functionalities.

Risk warning: Contract trading is highly volatile and can result in the loss of the entire capital. Trade only with funds you can afford to lose.

Specialty Products

• ETFs (leveraged tokens) – Over a hundred 3× leveraged tokens, with a management fee of 0.3 % / day.
• Strategy grid trading – Supports contract grids; users can create AI‑generated grids with one click or configure them manually.
• Copy trading – Available for both spot and contracts; signal providers may earn a 12 % revenue share.
• Credit‑card purchases – Integrated with third‑party providers such as Banxa, Mercuryo and Xanpool, allowing Visa, Mastercard, Apple Pay and Google Pay purchases (availability varies by region).
• Earn products – Offers flexible and fixed‑term savings, staking, cloud‑hashing, etc., with APYs up to 100 %.
• NFT marketplace – Launched but with very low trading volume; use cautiously.
• XT LaunchPad – Has raised over US$10 million, launched more than 140 projects, some of which reported returns exceeding 8,000 %.
• XT Smart Chain – A decentralized blockchain using an HPoS consensus, native token XT, featuring low fees, low latency and high throughput.

P2P (OTC) Trading

The XT.com P2P market supports numerous fiat currencies (including TWD) and major cryptocurrencies (USDT, BTC, ETH, USDC, DAI, WLD), catering to cross‑border fiat needs.

API

The exchange offers both REST and WebSocket APIs, covering spot, contracts, margin, copy‑trading and other functionalities. Documentation can be found in the official developer centre.

Team Operations and Customer Support

XT.com’s team transparency is moderate to high. CEO Albin Warin frequently appears in media interviews, and regional heads attend offline events. Most of the founding team remains anonymous.

The platform runs frequent promotional activities, ranging from hot‑coin campaigns and holiday marketing to referral programmes.

Customer‑service Channel Evaluation

Mobile App Experience

• Google Play: Over 4,000 reviews, average rating 3.3 stars.
• Apple App Store: Over 450 reviews, average rating 3.9 stars.

The app receives frequent updates—typically more than three releases per month in recent months—indicating the team’s ongoing focus on user experience.

Device Compatibility

• Android APK, Google Play
• Apple App Store

No dedicated macOS, Windows or Linux desktop client is currently offered.

Overall Assessment

As a fast‑growing all‑in‑one exchange, XT.com still shows some rough edges—such as a cluttered UI and slower customer‑service response—but it excels in regulatory compliance, fee transparency and product breadth. For crypto newcomers or users who favour altcoins and low‑entry‑threshold trading, XT.com is a platform worth considering.

Frequently Asked Questions

Is XT.com a scam?

Public reports and operational records show that XT.com has not exhibited any scam behaviour, exit‑scam signs, or security breaches since its inception.

Is XT.com a Taiwanese company?

No. XT.com is not incorporated in Taiwan and does not have a physical presence there. Its headquarters are in the Seychelles, with operational hubs in Singapore and Europe.

How can I lower XT.com’s fees?

Register with the referral code `ZFENM8` and pay fees using the native token XT. Contract fees receive a 35 % discount, while spot fees get a 25 % discount.

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*This translation is provided for informational purposes only. It does not constitute investment advice. Users should conduct their own research and consider local regulations before trading.*

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