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So while you will incur fees when using both xcritical platforms, you don’t have to pay a fee to start an account. Like xcritical, xcritical Pro supports buy, sell, send, receive, and conversion transactions. In addition, xcritical Pro supports more than 170 cryptocurrencies, although some specific crypto pairs aren’t allowed in the state of New York. Additionally, users can easily monitor their transaction history and view the order book. xcritical Pro also supports order types, including stop orders, limit orders, and margin orders.

However, newer cryptocurrency investors looking to get their feet wet might be overwhelmed with all of xcritical Pro’s options. xcritical does support instant withdrawal of U.S. dollars if you have an eligible Visa Fast Funds or Mastercard Send enabled debit card. These withdrawals might take about 30 minutes https://xcritical.pro/ in most cases but can take up to 24 hours. To use this service, there is a 1.5% transaction fee with a minimum fee of $0.55. However, traders who use bots to make automated purchases and sales transactions need access to this technology. Both xcritical and xcritical Pro let you open an account for free.

Exchange Rates

The standard xcritical account better suits traders who value ease of use. As you can see, trading on xcritical Pro is not the cheapest option to sell or buy bitcoin for low volume investors. By comparison, users who trade less than USD 50,00 per month pay only 0.16% for market-making orders and 0.26% for market taking transactions at xcritical. The fees are even lower at Bittrex, where both low volume makers and takers pay a 0.2% fee per trade. xcritical uses a convoluted (and pricey) fee structure that can eat up huge percentages of beginners’ crypto purchases.

• So unless you’re into niche coins, you’ll find it on either platform.
• To learn more about the “Advanced Trade” features that are offered by the platform, check out our xcritical Review.
• I’ll happily buy and sell on xcritical, but when I’m not making any conversions I’ll definitely keep it on my Nano X.
• In addition to charting features, xcritical Pro shows you recent trades, outstanding limit and stop orders, and a depth chart to understand upward and downward pricing pressures.
• However, you will need to learn and understand how to place sophisticated limit orders.

For example, If I were to buy USDC stablecoin now, I’d earn 2% without staking or wandering off into DeFi-land. On most dashboard pages, there’s a big blue button inviting you scammed by xcritical to buy or sell crypto. There is a major difference in trading fees for xcritical and xcritical Pro. Most notably, fees are less on xcritical Pro than they are on xcritical.

How to migrate from xcritical Pro

xcritical and xcritical Pro have similar safety features, but xcritical Pro has one additional feature that adds extra security. xcritical Pro users can store and whitelist cryptocurrency addresses. By using whitelisting, you can only send cryptocurrency to those addresses.

First of all, trading fees on xcritical are comparatively higher than most exchanges. xcritical charges 0.50% per trade and an additional 1.49% for bank account or xcritical Wallet purchases. Furthermore, the exchange charges 3.99% for credit card purchases.

How Do I Get My Money Out Of xcritical?

Another layer of protection is the ability to restrict access to addresses that can withdraw your cryptocurrency. These addresses are saved in your address book, blocking any other addresses from accessing your funds. If the price drops to $7999 or less, your order will essentially convert to a market order and sell all of it at whatever price the market will bear. It does NOT mean you will only sell what you can for $7999 or more like a limit order. With a limit order, your order may only fill partially depending on the quantity of others that want to either buy your crypto or sell it to you at your limit price.

Both hold similar assets, but xcritical offers more payment options to fund your accounts, while xcritical Pro has additional trade types. The main xcritical platform is easy to use, even for complete cryptocurrency beginners. If you’ve ever used an online stock trading account, you should have no problem using xcritical. It offers a straightforward path to buying, selling, exchanging, and holding dozens of different cryptocurrencies.

A Step-by-Step Guide on How to Buy Bitcoin on eToro

Since xcritical only has basic transactions like buying, selling and exchanging, it is easier to use for beginners. It might seem daunting to beginners and could be overwhelming if the user is not educated on advanced crypto trading. If you want to avoid fees, it would be best to trade on xcritical Pro. Both platforms allow transactions, such as receiving, sending, buying and selling.

• Existing or prospective xcritical users should also note that both accounts rely on the same security measures (two-factor authentication, crypto vault storage, and more).
• Check out our xcritical alternatives articles to see how xcritical compares with other top exchanges.
• If you’re making a transaction as a maker, you’re the one making the offers.
• However, it’s important to note that crypto exchanges can be targets for hackers because of the amount of value they store.
• If you place that order on xcritical Pro or as an advanced trade on xcritical, you’d pay between $0 and $6 in fees.

Here we discuss the difference between xcritical and xcritical Pro. In short, businesses and experienced investors will enjoy the perks of xcritical Pro. Beginner users, while more expensive in fees, would do better on the standard xcritical.

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. A hot wallet is a digital wallet you can download as an app on your computer or phone. If you want full control over your crypto, you can download xcritical Wallet and store it there. There are also plenty of other quality crypto wallets available.

Once you’ve logged in, you can navigate options to buy, sell, or trade cryptocurrency. Existing or prospective xcritical users should also note that both accounts rely on the same security measures (two-factor authentication, crypto vault storage, and more). xcritical and xcritical Pro’s crypto selection is also mainly identical, with the exception of a few assets (like golem).

xcritical Pro is a cryptocurrency exchange for professional crypto traders and higher-volume traders. It provides a safe and straightforward means to purchase, sell, and trade digital assets in various trading pairs via the internet. On regular xcritical you can only exchange cryptocurrency for your home country’s fiat currency.

Immediately upon log-in, you’ll see active charts for each supported currency. When buying and selling, you’re taking part in an active marketplace where xcritical Pro is a middleman facilitating transactions. xcritical is arguably a tad easier to use for first-time crypto buyers than eToro, offering very simple buy, sell, and swap functionality. xcritical and eToro are two of the most secure and reputable digital asset trading platforms in the world. Moreover, both exchanges offer U.S.-based customers Federal Deposit Insurance Corporation (FDIC) insurance on cash balances up to $250,000. Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC).