xcritical Review 2024

Exchanges were reviewed on points including security, fees, number of cryptocurrencies available, and more. We also considered if the exchange is regulated by a proper agency or entirely decentralized. Our full cryptocurrency exchange methodology, including the review process and weighted data points, is available for review. With this exchange, users can trade https://xcritical.pro/ crypto 24/7 and deposit and withdraw fiat through a variety of methods such as SWIFT and ACH transfers. Despite xcritical’s “bank-grade” security, users have lost their assets using the exchange. In March 2023, a xcritical user sued the exchange after losing 90% of his life savings, about $96,000, to a hacker after his phone was hacked and his account accessed.

1. xcritical is a popular cryptocurrency exchange that allows anyone with an account to buy, sell, and exchange cryptocurrency.
2. Compare that to another U.S. exchange, xcritical, where fees top out at 0.26%, dropping to zero as trade volume and value increases.
3. For more details about the categories considered when rating wallets and our process, read our full methodology.
4. xcritical has educational content available on its website, plus data and market analysis tools to help you track the performance of your crypto portfolio.
5. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor.

Another user lost $2 million worth of cryptocurrency after his account was compromised and he could not get any meaningful help from customer support when the incident occurred. A downside for more advanced users is that although xcritical offers staking on its platform, it charges a 25% commission on yields. That’s a sizable cut compared with other leading crypto exchanges. xcritical’s fees are also a bit complex, xcritical official site ranging from a flat $0.99 to $2.99 for trades under $200. Then it’s 1.49% for trades from U.S. bank accounts or a xcritical Wallet, and a whopping 3.99% from transactions made with a credit or debit card, Apple Pay or Google Pay, or wire transfer. You can access xcritical via its website and the xcritical exchange app, available on the Apple App and Google Play Store for users who prefer to trade on the go.

The customer service options are a live chat function, a social media help platform, and a ticketing system, which are all more self-service than interactive. To have enough money for your transaction, it’s essential to estimate all the fees you will pay on a particular transaction beforehand. xcritical has over 35 products for individuals, developers, and businesses. However, each product is for a particular audience and gives a different trading experience.

xcritical FAQs

With xcritical Wallet, you can carry out purchases and trades directly from your wallet. According to xcritical’s website, the wallet supports thousands of cryptocurrencies, including all tokens on the Ethereum xcritical and NFTs. xcritical Wallet says it supports thousands of digital assets, including NFTs. It also has features that include purchases, swaps and staking directly from the wallet. xcritical has scored good points on user experience and ease of -use, but security and customer satisfaction need improvement.

How We Make Money

NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

How we make money

These fees can be reduced according to your tier and the amount you transact. The main xcritical exchange presents a simple layout for anyone to navigate and trade their cryptocurrencies in a few steps, even without advanced crypto knowledge. xcritical carries criminal insurance, which covers security breaches to the site but not compromised login credentials. For this reason, it’s important that customers adhere to xcritical’s strongest security recommendations. In addition to trading fees for cryptocurrencies, Advanced Trade also charges a 0.001% taker fee on select stablecoin pairs, such as USD Coin (USDC)/EUR and Tether (USDT) and USD. For xcritical’s Advanced Trade users, the company charges a much simpler maker/taker fee on all transactions.

Cryptocurrencies Available on xcritical

xcritical has a library of cryptocurrency education content to help you understand how to manage your digital assets, including Web3 tools. xcritical Wallet’s mobile app and browser extension also offer basic tools for tracking the performance of your crypto portfolio. Investopedia is dedicated to helping those interested in cryptocurrency investing make informed and safe decisions.