XT.COM – A Hybrid Centralized Exchange with a Public Blockchain and NFTs

XT.COM – A Hybrid Centralized Exchange with a Public Blockchain and NFTs

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XTcom Review

 

Features

Founded: 2018
Founder: Weber Woo
TPS:
Support: 24/7 live chat and email
Token: XT
Wallet: on-chain
Clients:
Bonus:
Types of instruments: Spot, Margin, Derivatives
Crypto: 900+ pairs
Staking: Yes
Beginner-friendly: Yes

 

Overview

XT.COM was founded in 2018 by Weber Woo and is headquartered in Singapore.

It is a popular centralized crypto exchange that also sells NFTs and offers a decentralized public blockchain.

XT.COM is one of the only crypto exchanges that is focused on using a Social Trading model, making it much easier for users to access trading insights and market news.

This exchange provides 24/7 support and is partnered with companies like CoinGecko, Tokenpost, Bitpush, Coinghost, Coinhills and many others.

XT.COM is a great option for beginners because educational resources are available on the website and you can easily get involved with all the latest blockchain projects.

Not only is XT.COM popular for being an exceptional crypto platform, but you can also stake your crypto here, join pools and buy hashrates from XT.COM.

XT.COM offers more than 900 crypto pairs and you can trade Spot Markets and Derivatives or leverage your trades by up to 20 times.

 

Special features

If you are buying or selling crypto for the very first time, we recommend checking out the XT.COM academy, where you will find beginner’s guides, expert insights and plenty of articles on NFTs, the Metaverse and everything else you need to know about crypto.

Once you’re ready to start buying and selling crypto, head over to the crypto exchange to see what currencies are on offer.

The XT.COM exchange will show live price feeds and you can view different time frames and detailed charts for all the supported cryptocurrencies.

You’ll be able to switch between light and dark mode and you can change the layouts to Trading View, Depth Map or Onchain Analytics, which will show you market activity from different perspectives.

You can also change your leverage directly from the exchange interface and easily find crypto pairs by hovering your cursor over the instrument button in the top-right corner of the page.

XT.COM also offers a mobile app that you can use to easily buy and sell crypto and manage your accounts.

You can use this app or the web exchange to buy and sell hundreds of cryptocurrencies.

If you’re a developer or you’ve always wanted to build apps for fun, you can use the XT Smart Chain to build decentralized, user-friendly and scalable blockchain applications.

XT Smart Chain is a public blockchain that is powered by the XT token and HPoS (or Hybrid Proof of Stake) consensus mechanism.

More than 26 million transactions have been processed on the XT Smart Chain and it supports ERC20 tokens, ERC721 tokens and ERC1155 tokens.

XT.COM is much more than a traditional crypto exchange.

With XT Flexible Savings, you can earn interest from the assets deposited into New Coin staking projects and XT Sale events.

You can participate in the events by depositing assets to earn rewards and more than 50 cryptocurrencies are supported.

You can also stake your coins or join staking pools for new coins or join Cloud mining pools and Hashrate mining pools.

 

XT.COM’s mining pool are secured against high-level DDos attacks and you’ll alwayshave access to 24/7 customer support.

 

Tokenomics

XT.COM uses the XT token to power its public blockchain.

XT is an ERC20 token that is used to pay for gas fees on the platform and it also powers smart contracts.

This token uses the HPoS consensus mechanism and it significantly reduces transaction costs on the network.

You can buy XT directly from XT.COM’s exchange or from third-party exchanges, like Coinmarketcap, Coinbase or Binance.

XT can be stored in any wallet that supports ERC20 tokens, but we recommend keeping it in the XT.COM on-chain wallet.

 

How to open an account

Before you can start trading or staking on XT.COM, you need to create an account.

You can easily create an account in a few simple steps:

  1. Open the XT.COM homepage
  2. Click on the “Sign Up” button
  3. Enter your email address and password
  4. Verify your email address

Once your account is verified and complete, you can make your first deposit and start trading!

 

Wallets

You can either use the XT.COM wallet or connect a third-party wallet to your account.

Depending on what you plan to do with your cryptocurrencies, we recommend transferring it to another wallet that you can use on other platforms and applications.

The safest wallet for your crypto is a hardware wallet like Trezor or Ledger.

The Trezor hardware wallet is one of the most trusted crypto wallets with advanced password encryption.

This wallet can be connected to third-party wallets, used with the Trezor app or be integrated seamlessly with Ethereum.

The Ledger hardware wallet is available in the Nano S and the Nano X models and using Ledger Live, you can buy and exchange over 5,000 coins and tokens.

This wallet offers secure offline storage, it is compatible with 50 third-party wallets and can store up to 100 dApps.

You can also connect third-party wallets like Trust Wallet, the Coinbase Wallet or Metamask.

Trust Wallet is free to download and use, and supports a total of more than 160,000 coins and digital assets, which can easily be traded and managed directly from the wallet.

Trustwallet is a great option if you’ll be collecting NFTs because you can store them in this wallet.

 

The Coinbase software wallet supports more than 4,000 digital assets and offers a built-in dApp browser. It can be used to store NFTs and integrates seamlessly with the Coinbase exchange.

 

The MetaMask software wallet can be used to conveniently buy, sell and trade cryptocurrencies using the built-in exchange and it allows you to connect directly to a variety of blockchain apps.

 

Once you’ve created an account and connected your wallet, you can fund your account and buy and sell crypto and NFTs.

 

How to buy crypto on this exchange

XT.COM offers more than 100 cryptocurrencies, over 500 altcoins and tokens and more than 900 trading pairs.

To buy crypto from XT.COM, either download the mobile app or head over to the web exchange.

If you’ll be using the web exchange, you can choose crypto by either typing the crypto you want into the search bar or by browsing to see what’s on offer.

Once you’ve decided what crypto you’ll be buying, set parameters for your trade and place your order.

 

Support

Now you have an account and your wallet is ready, but if you need assistance with anything else, you can contact the XT.COM support team and you can reach them directly via live chat, social media or email.

XT.COM’s support team is available 24/7 and you can view their email address at the bottom of the homepage.

We also recommend visiting the FAQ to view guides and tutorials on creating and managing your account, making deposits and withdrawals, and everything else you need to know about the platforms and products.\

 

What makes XT.COM special

XT.COM offers both a secure crypto exchange with hundreds of cryptocurrencies and altcoins, as well as an EVM-compatible public blockchain that can be used to develop decentralized apps.

You can also buy rare, high-quality NFTs from XT.COM and increase your earnings by participating in exclusive coin events and joining mining pools.

One of the major benefits of signing up with XT.COM is that there are over 900 trading pairs, so you’ll have no problem diversifying your portfolio!