- Three trading platforms
- Competitive fees and commissions
- Marginal trading supported
- Fiat crypto pairs supported
- US clients not accepted
- Little company information
- Limited additional resources
- Not regulated
xBTCe is a very popular, well established, and fast growing cryptocurrency exchange offering traders superior trading services in the cryptocurrency industry. The exchange was founded in 2015 by a group of experienced traders, crypto enthusiasts, and finance professionals. The exchange is based out of Hong Kong and does not offer their services to traders in the United States. As xBTCe is a cryptocurrency exchange, it remains unregulated like most other cryptocurrency exchanges. However, the exchange is more established than many of the other exchanges available today and has a relatively good reputation among traders in the industry. Also, xBTCe offers trades top of the line trading technology coupled with high security standards to protect the users’ personal data and financial assets.While xBTCe appears to be a reputable online cryptocurrency exchange, are they really? Find out, in the following review where we’ll delve deep into the aspects that make up this cryptocurrency exchange and see what sets xBTCe apart from the competition and whether or not they can be trusted.
xBTCe features not one but three highly sophisticated trading platforms which are capable of supporting the needs of the most advanced and beginner traders. See these platforms and their features below.
TickTrader Desktop Terminal
This trading platform must be downloaded onto your desktop and is only available on Windows computer operating systems. The platform is very advanced and features both marginal trading and exchange trading of cryptocurrencies and forex instruments with low latency. The user interface is very intuitive and well designed with customization functionality to personalize it to your specific needs. The platform supports a wide range of order types including IOC and ice berg orders. As well, traders have access to a complete charting package with a variety of charting types, technical indicators, time frames, etc.
TickTrader Web Terminal
This trading platform features all of the main features the desktop terminal has but is available online via any web browser on all web browsers and operating systems including Windows, Mac, Linux, Android, iOS. The platform operates without the need for any additional software downloads and is just as competent as the desktop platform. Order execution is lightening fast and the platform as a whole operates very smooth for a web-based platform. The platform is also supported in multiple languages and includes a built-in troll box, and twitter & news feeds.
TickTrader Mobile Terminal
This trading platformis compatible on both iOS and Android mobile devices. It’s available for download on the Apple App Store and Google Play Store. Again, this platform supports all of the main features as the other two platformsbut tweaks them to be compatible for mobile devices. The user interface is very well designed and it’s one of the most feature rich mobile trading platforms we have come across.
xBTCe is a cryptocurrency exchange which facilitates the trading of crypto to crypto, and crypto to fiat and vice versa. The exchange features a rather limited selection of crypto instruments and is focused on supporting the most liquid and most popular cryptos. For instance, the only coins available are Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Dash (DASH), Namecoin (NMC) and Emercoin (EMC). The fiat currencies supported by xBTCe include the US Dollar (USD), Euro (EUR), Great British Pound (GBP), Japanese Yen (JPY), Russian Ruble (RUB), and the Chinese Yuan (CNH).
Fees and commission
The fees and commissions offered by xBTCe are comparable with other major exchanges and are even considered favorable or competitive with much of the competition. They charge either a maker or a taker fee on all trades and these fees can be lowered with larger trade volumes in a 30-day period or larger deposits. See the different fees in the chart below.
Security and fairness
The xBTCe exchange is a fairly well established exchange as it has been around since 2015. However, the exchange does not have the greatest reputation among traders in the industry. Some people claim to have been scammed and in general, there are not too many user reviews out there. However, xBTCe is still running today and has a healthy trading volume. The exchange is not regulated, much like other crypto exchanges, but takes security very seriously. Users can secure their accounts with two factor authentication techniques including Google 2FA, email notifications, and SMS messaging. Also, users can set black and white IP addresses to further enhance security. The exchange has not suffered any major hacks and has thus far proven to be secure.
The customer support offered by xBTCe is very responsive and considered one of the exchanges strong suites. Customers can reach support representatives via live chat, email, submit a support ticket, telegram, and other social media channels such as Facebook, Twitter, LinkedIn, and Google+. Additionally, users can find some information in the knowledge base. However, the information is very limited and not very helpful.
The xBTCe cryptocurrency exchange has excellent trading functionality with the variety of trading platforms they offer. The platforms are user friendly and operate very well. The crypto assets available are rather limited but high in liquidity, and the trading fees are very competitive and favorable to high volume traders. The exchange has thus far proven to be safe and secure and has a decent reputation in the industry. The customer support is responsive, but the exchange lacks additional resources to help traders. All in all, xBTCe is a good crypto exchange worth considering.
The following are the common questions that customers inquired about xBTCe.
Is xBTCe regulated?
No, it is not regulated.
Is xBTCe a scam?
No, xBTCe is not a scam and has been in business since 2015.
Where is xBTCe based?
xBTCe does not have their headquarters listed on the website, but they are based out of Hong Kong.