XT.com

XT.com launched in 2018 from the Seychelles and has steadily climbed the exchange rankings over the past several years. When I started testing the platform in late 2025, it had already amassed over 7.8 million registered users and was processing between $500 million and $1 billion in daily trading volume. That puts it firmly in the top 25 exchanges globally, though still well behind giants like Binance, Bybit, and OKX.

The platform's main selling point is clear from the moment you browse the markets: sheer variety. With over 1,000 listed cryptocurrencies and 800+ trading pairs, XT.com consistently lists new tokens faster than most competitors. I found tokens here that wouldn't appear on Binance or Coinbase for weeks, sometimes months. For altcoin traders who want early access, this is a genuine advantage - though it also means you're more likely to encounter low-liquidity or questionable projects.

Key Facts About XT.com:

1. Founded: 2018 in the Seychelles
2. Registered Users: 7.8+ million globally
3. Cryptocurrencies: 1,000+ listed tokens
4. Trading Pairs: 800+ pairs
5. Daily Volume: $500M-$1B
6. Trading Fees: 0.20% maker / 0.20% taker (flat)
7. Futures Leverage: Up to 125x
8. Mobile App: Available on iOS and Android (4.3/5 rating)

XT.com uses a flat fee structure of 0.20% for both maker and taker orders on spot trading. During my testing, I calculated that a $10,000 trade costs $20 in fees - noticeably more than Binance's 0.10% ($10) but comparable to many mid-tier exchanges. The fee becomes more competitive with volume: VIP tiers start at $100K monthly volume with 0.16% maker / 0.18% taker, scaling down to 0.06% / 0.08% at the highest tiers.

For futures trading, XT.com charges 0.02% maker and 0.05% taker, which is competitive with Binance and Bybit. This lower derivatives fee structure means active futures traders may find better value here than spot-only traders.

Fee Comparison Table:

Withdrawal fees are standard: 0.0005 BTC for Bitcoin, 1 USDT on TRC20, and 5 USDT on ERC20. Credit card purchases through third-party providers carry a 3.5% surcharge, which I'd recommend avoiding when possible.

Setting up an account on XT.com took me about 10 minutes from start to first trade. Here's the process I went through:

Step 1: Registration Head to xt.com and click "Sign Up." You can register with email or phone number. I went with email and had a verification code within seconds.

Step 2: Identity Verification (KYC) XT.com requires at least basic KYC for withdrawals. Level 1 asks for your name, country, and ID document. Processing took about 2 hours in my case. Level 2 adds facial recognition and unlocks higher withdrawal limits.

Step 3: Enable Security Before depositing anything, set up Google Authenticator (2FA), an anti-phishing code, and a fund password. I'd strongly recommend all three - the extra 30 seconds per login beats losing funds.

Step 4: Deposit Funds You can deposit crypto directly (free), buy via credit card (3.5% fee through third-party), or use P2P trading. For the best rates, transfer USDT on TRC20 from another exchange - the 1 USDT fee beats the credit card markup by a mile.

Step 5: Start Trading The default interface is clean enough for beginners, but you can switch to the advanced view with TradingView charts for technical analysis. Spot, futures, and copy trading are all accessible from the main navigation.

Security on XT.com sits in a reasonable but not exceptional tier. The exchange stores approximately 80% of user funds in cold storage wallets, which is in line with industry best practices. They have never suffered a publicly known hack, which counts for something given the exchange has been operating since 2018.

The platform supports standard security measures: Google Authenticator 2FA, anti-phishing codes for emails, fund passwords for withdrawals, and IP whitelisting. CertiK conducted a smart contract audit in mid-2024, adding a layer of third-party verification.

Where XT.com falls short is regulatory standing. Operating primarily from the Seychelles with a VARA application pending in Dubai, the exchange lacks the kind of robust licensing you'd find on Coinbase (US), Kraken (multiple jurisdictions), or Bitstamp (EU MiCA). For traders holding significant amounts, this creates a trust gap that better security features alone can't fully bridge.

The bug bounty program is a positive signal - it shows the team is at least open to external security researchers finding vulnerabilities before malicious actors do.

Security Features Summary:

1. Cold storage: ~80% of funds
2. 2FA: Google Authenticator
3. Anti-phishing code: Yes
4. Fund password: Yes
5. Never hacked: Yes (as of February 2026)
6. CertiK audit: Completed June 2024
7. Bug bounty: Active
8. Insurance fund: Not publicly disclosed

XT.com offers a broader feature set than you might expect from a mid-tier exchange. Here's what I found during testing:

Spot Trading The core spot market covers 800+ trading pairs across 1,000+ tokens. The order book depth on major pairs (BTC/USDT, ETH/USDT) is adequate, though smaller altcoin pairs can get thin during low-volume periods. Standard order types include limit, market, stop-limit, and OCO (one-cancels-other).

Futures Trading USDT-margined perpetual contracts are available with leverage up to 125x. The liquidation engine performed well during my testing - I saw no incidents of cascade liquidations on the pairs I monitored. Funding rates are competitive and posted every 8 hours.

Copy Trading This is one of XT.com's more polished features. You can browse top traders by ROI, win rate, or follower count, then allocate a portion of your portfolio to automatically mirror their trades. During my 3-week test, the system followed trades with minimal delay (under 500ms in most cases).

Launchpad and Earn XT.com runs periodic token launches where users can stake XT tokens for allocation in new projects. The Earn section offers flexible and fixed-term staking on select tokens, with APYs ranging from 2-15% depending on the asset and lock period.

Trading Bot Grid trading and DCA bots are available for automated strategies. They work best on range-bound markets and provided decent results in my testing, though they lack the sophistication of dedicated bot platforms like 3Commas.

If XT.com's higher spot fees or regulatory gaps give you pause, several alternatives are worth considering depending on what matters most to you:

Binance - The obvious comparison. Lower spot fees (0.10%), deeper liquidity, more features, but more restrictive KYC and not available in every jurisdiction. If you can access it, Binance beats XT.com on nearly every metric except possibly altcoin listing speed.

OKX - Similar altcoin variety with better fees (0.08%/0.10%) and a more polished interface. OKX has stronger regulatory positioning with licenses in multiple jurisdictions. Their copy trading and DeFi wallet integration are also more advanced.

MEXC - The closest competitor to XT.com in terms of listing speed and altcoin selection. MEXC lists new tokens even faster and has zero maker fees on spot. The trade-off is similar regulatory concerns.

KuCoin - Offers a balanced mix of altcoins (800+), reasonable fees (0.10%), and features like margin trading and lending. Better established with stronger community but also Seychelles-based.

Bybit - Best option if derivatives are your focus. Lower spot fees (0.10%), excellent futures platform, and growing spot selection. Strong in Asian markets with a solid mobile app.

For European users specifically, Bitstamp and Kraken offer much stronger regulatory protection with EU MiCA compliance, though with fewer altcoins.

Across Trustpilot, Reddit, and various crypto forums, XT.com receives mixed but generally positive feedback. The platform holds a 3.8/5 on Trustpilot based on several thousand reviews.

Common Praise:

1. Token variety is the most frequently cited positive - users love finding new projects before they hit major exchanges
2. The mobile app is generally well-regarded with a 4.3 rating on app stores
3. Copy trading receives praise from beginners as an easy way to get started
4. P2P trading works well in regions without direct fiat on-ramps

Common Complaints:

1. Withdrawal delays are the most common grievance, with some users reporting 24-48 hour holds during high-traffic periods
2. Customer support quality varies - live chat is generally responsive but complex issues routed through email tickets can take days
3. Some users report being prompted to increase their KYC level unexpectedly
4. Occasional interface lag during volatile market conditions

Reddit Sentiment: The subreddit r/cryptocurrency occasionally discusses XT.com, with the consensus being it's a "decent altcoin hunting ground but not a primary exchange." Users generally recommend keeping only trading amounts on the platform rather than using it for long-term storage.

The overall picture is a functional exchange that works well for its niche (early altcoin access, copy trading) but has room for improvement on operational reliability.

How does XT.com stack up against the competition? Here's a head-to-head comparison based on my testing of all four platforms:

XT.com vs Binance: Binance wins on fees, liquidity, and regulation. XT.com's only real advantage is faster altcoin listings and potentially fewer geographic restrictions.

XT.com vs OKX: OKX is superior in almost every category - better fees, stronger regulation, more polished interface, and better DeFi integration. XT.com lists more tokens but OKX covers all the major ones.

XT.com vs MEXC: This is the closest matchup. MEXC has zero maker fees, more tokens (2,000+), and similar regulatory positioning. XT.com edges ahead with copy trading, a slightly better app experience, and Launchpad events.

Bottom line: XT.com occupies a niche as a solid mid-tier exchange for altcoin hunters who also want copy trading. It can't compete with the top-tier exchanges on fees or trust, but it offers a wider selection than most and a decent enough feature set for active traders.