XT Exchange

XT Exchange (XT.com) is a comprehensive crypto trading platform that caters to a wide range of user needs: from beginner spot traders to advanced derivatives and algorithmic traders. Founded in 2018, the exchange is registered in Seychelles and aims to provide a “social-infused” experience, allowing users to engage with communities, share insights, and follow market trends together.

On XT.com, you can trade more than 1,000 cryptocurrencies across spot markets, as well as futures (both USDT-margined and coin-margined) with leverage up to 125×.

For users looking to passively earn, XT Exchange offers staking, savings, and cloud mining via its “XT Earn” ecosystem.

Security-wise, XT claims to use multiple layers of protection including cold storage, multi-signature wallet architecture, two-factor authentication (2FA), and anti-phishing measures.

However, the exchange operates without strong regulatory licensing, which is a potential risk point.

🚀 Key Features

Wide Range of Cryptos & Pairs

Supports 800+ coins, 1,000+ trading pairs.

Multiple Trading Modes

Spot trading

Margin trading

Futures trading with up to 125× leverage

Passive Income (XT Earn)

Staking, savings, lending, and cloud mining

Social / Community Features

Socially infused — community chats, following, shared market insights

API & Algorithmic Trading

Provides API access for automated trading

Security

Cold wallets, multi-signature, 2FA, anti-phishing codes

No-KYC Option

Users can trade with no identity verification (for certain limits)

💰 Pricing / Fee Overview

Spot Trading Fees: Reported around 0.20% for maker/taker in some cases.

VIP Fee Tiers: If you trade large volumes, you can reduce fees.

Futures Funding: Standard funding rate model applies (depends on whether funding rate is positive or negative).

Deposit/Withdrawals: Supports crypto deposits, but fiat withdrawals may rely on third-party payment providers.

⭐ Pros & Cons

✅ Pros

Huge selection of coins and trading pairs.

High leverage for futures (up to 125×).

Strong passive income offerings (staking, savings, cloud mining).

Social / community features enhance user experience.

No-KYC trading for some account levels — good for privacy-focused users.

24/7 customer support (according to their site).

❌ Cons

Not strongly regulated; no major financial authority license.

Reports of higher fees than some competitors.

Liquidity can be weak for low-cap altcoins, leading to slippage.

Withdrawal / Trust Issues: Some users report fund withdrawal issues.

Trust & Reputation Concerns: Very low Trustpilot rating (1.5/5).

Risk of anonymity: No-KYC is double-edged — more private but riskier for regulatory exposure.

🎯 Recommendation (Who It’s For)

Advanced Traders: If you trade derivatives (futures / margin) or want high leverage, XT is quite attractive.

Crypto-Savvy Passive Earners: For those who want to stake, save, or mine without owning hardware.

Privacy-Conscious Users: People who prefer limited KYC (but note the risk).

Community / Social Traders: Users who like to leverage social features and community sentiment.

But, if you are very risk-averse, particularly concerned about regulation and fund security, you might want to compare XT with more regulated exchanges before depositing a large amount.