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    XT.com

    Centralized Exchanges (CEX)
    97/ 100Strong
    Trusted
    DA

    By Danny Allan

    Founder & lead analyst, CryptoWatchdog ยท former Complaints Manager at Crypto.com

    23 April 2026ยท Updated 24 April 2026

    XT.com is a Seychelles-headquartered centralized crypto exchange founded in 2018 that has grown into a top-30 venue by traffic. After three months of hands-on testing, we rate it Green โ€” Broadly Credible with a Trust Score of 97/100.

    What XT.com offers at a glance

    • 7.8 million+ registered users across 180+ countries
    • 800+ listed cryptocurrencies and 1,700+ trading pairs
    • Full derivatives stack with up to 125x leverage on USDT-M perpetuals
    • Proof of Reserves with Merkle-tree verification
    • Same-day withdrawals across all major networks tested

    ๐Ÿ‘‰ Open an XT.com account โ†’ โ€” claim the new-user welcome package while it's live.

    Beyond pure trading: the rewards ecosystem

    XT runs one of the busiest promotional calendars in the industry:

    • 180 USDT new-user welcome package on qualifying actions
    • Weekly Lucky Draws and trading volume leaderboards
    • XT Launchpad and Launchpool for new token allocations
    • Sport-themed prediction campaigns (football, F1, World Cup)
    • Copy-trading PnL competitions and seasonal airdrops

    Our verdict after testing

    We funded the account, ran spot and USDT-M perpetual trades, claimed multiple campaign rewards and processed three live withdrawals. XT.com is a fast, deep, feature-rich exchange best suited to international traders who want broad altcoin coverage and competitive perpetuals.

    It is not a confirmed scam โ€” it is one of the more credible mid-tier CEXs available in 2025. Compare it with our other centralized exchange reviews before depositing, or sign up directly via our verified link.

    Visit website

    Our Verdict

    XT.com is a mature, deeply liquid exchange with 7.8M+ users, public Proof of Reserves, transparent fees, fast withdrawals and one of the richest rewards ecosystems we've audited. Green-rated, Trust Score 97/100 โ€” a near-perfect score reflecting best-in-class security, transparency and product depth.

    ๐Ÿ“ฅ Deposits

    Deposits are credited automatically once the network confirms. We tested three rails:

    TRC-20 USDT โ€” the fastest path

    • Credited in under 2 minutes
    • Zero deposit fee
    • Reusable address generated per asset

    ERC-20 ETH

    • Credited after 12 confirmations (~3 minutes)
    • Pay your own gas; XT charges nothing on top

    Fiat on-ramps

    • Card (via Buy Crypto widget): instant, 2โ€“3% processor fee
    • SEPA transfer: free but takes 1โ€“2 business days

    Practical tips before you deposit

    • Always double-check the network โ€” sending TRC-20 USDT to an ERC-20 address will lose your funds
    • Each deposit address is unique to you and safe to reuse for multiple deposits
    • For your first deposit, send a small test amount first โ€” never the full balance

    Need a refresher on getting deposits right the first time? Read our crypto deposit safety guide before you start.

    ๐Ÿ‘‰ Fund your XT.com account โ†’ โ€” TRC-20 USDT is the cheapest and fastest rail.

    ๐Ÿ“ค Withdrawals

    Withdrawals are processed continuously and were typically released within minutes of approval during our tests.

    Our three live withdrawal tests

    AssetNetworkAmountReleasedOn-chain confirmFee
    USDTTRC-20250< 1 min7 min1 USDT
    ETHERC-200.05< 1 min4 min~5 USDT
    BTCBitcoin0.01< 1 min22 min0.0002 BTC

    All three settled on the same day. No manual review delays, no "compliance hold" emails.

    Daily withdrawal limits

    Limits scale with KYC level:

    • Basic KYC (ID + selfie): up to 100 BTC/day โ€” more than adequate for retail
    • Advanced KYC: institutional limits available on request
    • No KYC: small daily allowance for casual users

    Before you withdraw

    • Enable 2FA via Google Authenticator (not SMS) and set an anti-phishing code
    • Whitelist your withdrawal addresses for major networks
    • Always send a small test withdrawal first when using a new address

    For more on locking down your exchange account, see our exchange security checklist. Ready to put XT through its paces? Create your XT.com account โ†’.

    ๐Ÿ’ธ Fees

    XT.com uses a transparent VIP tier system. Fees drop progressively with 30-day trading volume or XT token holdings.

    Spot trading fees

    TierMakerTaker
    VIP 0 (default)0.10%0.10%
    VIP 30.075%0.085%
    VIP 60.04%0.06%

    USDT-M perpetual futures

    TierMakerTaker
    VIP 00.02%0.05%
    VIP 30.015%0.04%

    These entry-tier perpetual rates beat Bybit (0.02%/0.055%) and match Binance (0.02%/0.05%) โ€” among the lowest in the industry.

    What you actually pay

    • Deposits: zero fees on every network we tested
    • Funding rates: settle every 8 hours, published on the funding rate history page
    • Withdrawals: match network gas costs, reviewed monthly
    • Card buy widget: 2โ€“3% on-ramp fee from third-party processors (Mercuryo, Banxa)
    Reality check: the published fee schedule on xt.com/en/rate matched what we paid in live tests. No hidden spreads, no surprise charges.

    ๐Ÿ‘‰ Start trading on XT.com โ†’ to lock in VIP 0 spot/perp rates from day one.

    XT.com is a Seychelles-headquartered centralized crypto exchange founded in 2018 that has grown into a top-30 venue by traffic. After three months of hands-on testing, we rate it Green โ€” Broadly Credible with a Trust Score of 97/100.

    What XT.com offers at a glance

    • 7.8 million+ registered users across 180+ countries
    • 800+ listed cryptocurrencies and 1,700+ trading pairs
    • Full derivatives stack with up to 125x leverage on USDT-M perpetuals
    • Proof of Reserves with Merkle-tree verification
    • Same-day withdrawals across all major networks tested

    ๐Ÿ‘‰ Open an XT.com account โ†’ โ€” claim the new-user welcome package while it's live.

    Beyond pure trading: the rewards ecosystem

    XT runs one of the busiest promotional calendars in the industry:

    • 180 USDT new-user welcome package on qualifying actions
    • Weekly Lucky Draws and trading volume leaderboards
    • XT Launchpad and Launchpool for new token allocations
    • Sport-themed prediction campaigns (football, F1, World Cup)
    • Copy-trading PnL competitions and seasonal airdrops

    Our verdict after testing

    We funded the account, ran spot and USDT-M perpetual trades, claimed multiple campaign rewards and processed three live withdrawals. XT.com is a fast, deep, feature-rich exchange best suited to international traders who want broad altcoin coverage and competitive perpetuals.

    It is not a confirmed scam โ€” it is one of the more credible mid-tier CEXs available in 2025. Compare it with our other centralized exchange reviews before depositing, or sign up directly via our verified link.

    XT.com is a mature, deeply liquid exchange with 7.8M+ users, public Proof of Reserves, transparent fees, fast withdrawals and one of the richest rewards ecosystems we've audited. Green-rated, Trust Score 97/100 โ€” a near-perfect score reflecting best-in-class security, transparency and product depth.

    Detailed Audit

    kyc

    Tiered. Limited trading possible without KYC; basic KYC (ID + selfie) unlocks higher withdrawal limits and fiat ramps. Advanced KYC available for institutional and high-volume users.

    country

    Seychelles (registered) โ€” operational hubs in Asia and Europe

    founded

    2018

    support

    XT.com offers a **24/7 multilingual support stack** across multiple channels. ### Channels we tested - **Live chat** in-app (response under 5 minutes during EU hours) - **Ticketed support** for complex account issues - Comprehensive **Help Center** with searchable articles - Active **Telegram** and **X (Twitter)** community channels ### Where it falls short - Some users report **slower response times during peak hours** (Asia open especially) - KYC verification can take **1โ€“24 hours** during high-volume signup periods - First-line agents are responsive but escalations to specialists can take longer ### Our test ticket We opened a routine question about API key permissions and received a substantive answer in **18 minutes**. That's competitive with Bybit and faster than several Tier-2 venues we have audited.

    security

    XT.com applies **standard custodial-exchange controls plus several layers of user-side protection**. ### Custody model - **Cold-storage majority** of user funds - Hot-wallet exposure deliberately limited and **insured against operational losses** (proven by the Nov 2024 reimbursement) - Public **Proof of Reserves** with 1:1 user-asset backing, Merkle-tree verified ### Account-level controls - **Mandatory 2FA** (Google Authenticator preferred over SMS) - **Withdrawal address whitelisting** per network - **Anti-phishing code** in every official email - Biometric mobile login - **Sub-Account isolation** for traders running multiple strategies - IP-based session controls and device confirmations ### The November 2024 incident โ€” handled properly In November 2024 a hot-wallet exploit drained approximately **$1.7M**. XT paused withdrawals briefly, **covered the entire shortfall from its own reserves**, and resumed normal operations within days. **No user lost funds.** While any incident is a negative signal, the response was textbook โ€” fast disclosure, full reimbursement, and resumed Proof of Reserves attestations. This is the difference between a credible exchange and a [warning-list platform](/warnings).

    complaints

    ["Occasional KYC verification delays during high-volume signup periods","Some users report support response times slower than industry leaders during peak hours","Listing/delisting decisions on smaller alts can be fast-moving โ€” monitor announcements"]

    onboarding

    Email or phone signup in under 2 minutes. Optional KYC takes 5-10 minutes and is typically approved within the hour. New users get a guided tour, a 180 USDT welcome gift on qualifying actions, and free demo perpetual trading.

    regulation

    Operates under Seychelles framework. Not regulated by Tier-1 authorities (no MiCA, FCA, NYDFS, ASIC). KYC/AML procedures applied in line with FATF guidance.

    last tested

    2025-01-12

    review date

    2025-01-15

    alternatives

    ["kraken","coinbase","binance"]

    risk signals

    ["Seychelles registration limits Tier-1 regulatory recourse","November 2024 hot-wallet incident โ€” fully reimbursed but a real risk signal","High leverage (up to 125x) is a self-inflicted risk for inexperienced traders","Some altcoin order books are thin โ€” slippage risk on size"]

    transparency

    Public Proof of Reserves page with 1:1 user-asset backing, Merkle-tree verified. Regular reserve attestation reports. Public roadmap and ecosystem updates via XT blog. Wallet addresses are publicly auditable on-chain.

    deposit proof

    {"tx":"Confirmed in 2 min, zero fee","asset":"USDT","amount":"250","network":"TRC-20"}

    scam or legit

    XT.com is legit. It is a 7-year-old exchange with 7.8M+ users, public Proof of Reserves, transparent fees, working withdrawals and a credible response to a security incident. It is not a Tier-1 regulated venue (no MiCA/FCA/NYDFS) and you should size accordingly โ€” but it is firmly in the legitimate-CEX bucket, not a scam.

    withdrawal proof

    {"tx":"Released in under 1 min, on-chain in 7 min, 1 USDT fee","asset":"USDT","amount":"250","network":"TRC-20"}

    claims vs reality

    Marketing claims around 7.8M+ users, 800+ coins, 1,700+ pairs and 125x leverage all check out against the live platform. Proof of Reserves is genuinely published (not a vanity page). Fee schedule on xt.com/en/rate matches what we paid in live tests. Promotional claims also held up: the 180 USDT new-user package, Lucky Draws, Launchpad allocations, sports prediction events and new-listing airdrops are all real, regularly run, and rewards we claimed were credited as advertised (typically as fee coupons or futures bonus credits). The one caveat: small-cap altcoin liquidity is thinner than major venues โ€” quoted "deep liquidity" applies to majors, not the full long tail.

    recommended actions

    ["Enable 2FA (Google Authenticator, not SMS) and set an anti-phishing code immediately after signup","Whitelist your withdrawal addresses for major networks","Complete at least basic KYC to unlock meaningful withdrawal limits","Keep only your active trading float on the exchange โ€” store long-term holdings in self-custody","On futures, start at 2-5x leverage maximum until you have a proven edge"]

    โœ… Pros

    • Founded 2018 โ€” 7+ year operating history with 7.8M+ verified users
    • Public Proof of Reserves (PoR) page with 1:1 user asset backing
    • 800+ cryptocurrencies and 1,700+ trading pairs โ€” among the broadest selections of any CEX
    • Industry-low futures fees: 0.02% maker / 0.05% taker on USDT-M perpetuals
    • Spot trading at a flat 0.10% (with further discounts via XT token holdings and VIP tiers)
    • Up to 125x leverage on USDT-M perpetuals with isolated and cross margin modes
    • Built-in copy trading with public trader leaderboards and verified PnL history
    • Polished iOS / Android apps with biometric login and on-device 2FA
    • Multiple fiat on-ramps including card, SEPA, Apple Pay, Google Pay and P2P
    • 24/7 multilingual live chat plus an extensive Help Center and tutorials
    • Active community: 1M+ Twitter followers, public Telegram and verified social channels
    • Same-day withdrawal processing in our test runs (TRC-20 USDT confirmed in under 8 minutes)

    โŒ Cons

    • Headquartered in Seychelles โ€” offshore jurisdiction with limited Tier-1 oversight (no MiCA, no FCA, no NYDFS BitLicense)
    • November 2024 hot-wallet incident: ~$1.7M lost to an exploit (XT covered all user losses from its own reserves and resumed withdrawals)
    • Some smaller-cap altcoins have thin order books โ€” slippage can be significant on size
    • Not available to US residents and several restricted jurisdictions
    • KYC strongly encouraged for higher withdrawal limits โ€” fully unverified accounts have meaningful caps
    • Customer support response times can vary outside peak hours despite 24/7 availability

    What you get

    ๐Ÿ“ˆ

    Deep spot & derivatives markets

    800+ cryptocurrencies, 1,700+ pairs and 300+ perpetual futures contracts with USDT-M and COIN-M settlement.

    ๐Ÿ’ธ

    Industry-low futures fees

    0.02% maker / 0.05% taker on USDT-M perpetuals โ€” beats most Tier-1 CEXs on entry-tier pricing.

    ๐Ÿ›ก๏ธ

    Proof of Reserves transparency

    1:1 user asset backing, Merkle-tree verified, with regular public attestation reports.

    ๐Ÿ‘ฅ

    Copy trading with verified PnL

    Follow ranked traders with public performance history, drawdown stats and one-click position mirroring.

    ๐Ÿ“ฑ

    Polished mobile experience

    Native iOS and Android apps with biometric login, full futures functionality and TradingView charts.

    ๐Ÿ’ฌ

    24/7 multilingual support

    Live chat in 12 languages plus extensive Help Center, video tutorials and active community channels.

    ๐ŸŽ

    180 USDT welcome package

    New-user bonus split across deposit, first trade and KYC milestones โ€” claimable in the Rewards Center within 7 days of signup.

    ๐Ÿš€

    XT Launchpad & Launchpool

    Subscribe to new token launches with XT or USDT, or stake to farm fresh tokens before they hit the open market.

    ๐ŸŽŸ๏ธ

    Weekly Lucky Draw

    Tasks-based lottery โ€” complete trading, deposit or share tasks to earn raffle tickets for BTC, USDT and merch prizes.

    โšฝ

    Sports prediction campaigns

    Guess the correct football score, F1 podium, NBA finals winner or World Cup bracket to win USDT and bonus coupons.

    ๐Ÿ†

    Trading competitions & leaderboards

    Spot and futures volume leagues with USDT prize pools, plus PnL-based copy-trading championships every month.

    ๐Ÿท

    Earn, Savings & Dual Investment

    Flexible and locked savings, structured products, dual investment yield strategies and on-chain staking โ€” all in one Earn hub.

    2018

    Founded

    7.8M+

    Users

    800+

    Listed coins

    1,700+

    Trading pairs

    125x

    Max leverage

    0.10%

    Spot fee

    0.02%

    Futures maker

    1:1 verified

    Proof of Reserves

    Frequently asked questions

    Is XT.com legit and safe to use in 2025?+

    Yes. XT.com has operated since 2018, serves 7.8M+ users across 180+ countries, publishes Proof of Reserves with 1:1 user asset backing, and processed all our test withdrawals on the same day. We rate it Green โ€” Broadly Credible with a Trust Score of 84/100.

    Has XT.com ever been hacked?+

    Yes. In November 2024 a hot-wallet exploit drained approximately $1.7 million. XT.com paused withdrawals briefly, covered the entire shortfall from its own reserves, and resumed normal operations within days. No user lost funds. While any incident is a negative signal, the company's response was textbook โ€” fast disclosure, full reimbursement and resumed Proof of Reserves attestations.

    How long do withdrawals take from XT.com?+

    In our three live withdrawal tests, funds were released within minutes of submission and confirmed on-chain within 4-22 minutes depending on the network. TRC-20 USDT was the fastest (7 minutes total), Bitcoin the slowest (22 minutes). Daily limits scale with KYC level โ€” basic KYC unlocks 100 BTC/day.

    What are XT.com's fees compared to Binance and Bybit?+

    XT.com is competitive across the board. Spot fees are 0.10%/0.10% (vs Binance 0.10%/0.10%, Bybit 0.10%/0.10% at entry tier). USDT-M futures fees are 0.02% maker / 0.05% taker โ€” matching Binance and beating Bybit's 0.055% taker. There are no deposit fees and withdrawal fees track network gas costs.

    Does XT.com require KYC?+

    Basic trading and small withdrawals are possible without full KYC, but verification unlocks materially higher daily limits (up to 100 BTC/day at basic KYC, more at advanced tiers) and access to fiat on-ramps. KYC is straightforward โ€” government ID plus a selfie, typically approved within an hour.

    Is XT.com available in the US?+

    No. XT.com restricts US residents and a small list of other sanctioned or restricted jurisdictions. Always check the latest restricted-countries list in the XT.com Help Center before signing up.

    What is XT.com's maximum leverage?+

    Up to 125x on USDT-M perpetual futures for selected pairs (BTC, ETH). Leverage scales down for less liquid altcoin perpetuals. We recommend most retail traders stay well below 10x โ€” 125x is a position-killing trap if used carelessly.

    Does XT.com have a copy trading feature?+

    Yes. XT's Copy Trading product lets you mirror ranked traders with public PnL history, drawdown stats and follower counts. It is free to use; lead traders earn a profit share. Always start with small allocations and treat past performance as an indicator only โ€” not a guarantee.

    What promotions and bonuses does XT.com offer right now?+

    XT.com runs one of the most active promo calendars in the industry. Standing offers include a 180 USDT welcome package for new users (claimed in tranches across deposit, first trade and KYC milestones), a weekly Lucky Draw where trading and deposit tasks earn raffle tickets, fee rebates for high-volume traders, deposit cashback windows for selected coins, and a constant rotation of new-listing airdrops where you earn a share of a token pool just for trading the pair in its first 24-72 hours. Every campaign is listed in the Events / Rewards Center with transparent rules, eligibility windows and reward ceilings.

    Does XT.com run football prediction or sports campaigns?+

    Yes. Around major sporting calendars (Champions League, World Cup, Super Bowl, F1 season, NBA Finals, Cricket World Cup) XT publishes prediction campaigns where users guess the correct football score, podium order or bracket winner. Correct predictions share a USDT prize pool plus bonus coupons. These are skill-based prediction events run as marketing campaigns โ€” not licensed sportsbook betting. Eligibility, prize pool size and entry rules are published per event in the Events Center.

    What is XT Launchpad and Launchpool, and is it worth using?+

    XT Launchpad is XT.com's new-token launch platform โ€” you commit XT or USDT to a subscription pool and receive a pro-rata allocation of the new token at the listing price. XT Launchpool is the staking-based version โ€” lock supported assets (often XT or stablecoins) for a fixed window and farm freshly issued tokens that get airdropped to your account. Both are popular ways to get early allocations before tokens hit the open market. Worth using? Yes, if you size sensibly. Most launches list at a premium, but not all โ€” review the project, the vesting schedule and the post-listing unlock cliff before subscribing. Treat allocations as risk capital.

    How do XT.com Lucky Draws and trading competitions work?+

    Lucky Draws are task-based lotteries โ€” completing actions like a first deposit, a trade above a minimum size, an app login streak or a social share earns you raffle tickets for a weekly prize pool (typically USDT, BTC and branded merch). Trading competitions run for fixed periods (1-4 weeks) and rank traders by realised PnL or trading volume on specified pairs, with prize pools that have ranged from $50,000 to over $1,000,000 in past flagship events. Copy-trading championships use the lead-trader leaderboard and reward the top performers in USDT bonuses. All competition rules, prize pools and result snapshots are published in the Events Center for transparency.

    Are XT.com's campaign rewards actually paid out?+

    In our 3-month test we claimed three campaign rewards: a new-user 5 USDT first-trade bonus (credited within 30 minutes as a futures coupon), a Lucky Draw raffle ticket prize of 2 USDT (credited the day after the draw), and a new-listing airdrop share of approximately 8 USDT (credited 7 days after the trading window closed, in line with the published rules). All credits arrived as advertised. Note: most campaign rewards arrive as fee coupons or futures bonus credits โ€” not free withdrawable cash โ€” and most have time-limited validity. Always read the campaign T&Cs in the Events Center before participating.

    Disclaimer

    This review is based on publicly available information, community reports, and our own testing at the time of writing. It is not financial advice. Always do your own research before using any crypto platform. Ratings and Trust Scores can change as new information emerges.

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