On the right, you can choose to change this to a depth chart if you prefer. As a depth chart, you can see the buy and sell depths in line charts with the mid-market price listed in the middle. Hovering over any point will tell you the specific price, the amount you can buy/sell at that point, and what the total would be in the original currency.
The privacy concerns and customer support issues aren’t something that should be completely overlooked, however. Neophyte crypto traders will likely want to explore further afield once they’ve got to grips with the exchange; there are, after all, plenty of other options available. As long as you research others accordingly; you can never be too careful when investing, after all. It includes the bulk of the functionality from the desktop site, with live updates to charts, plus the ability to place limit and market orders, packaged in the same slick user interface as its bigger brother. When a market price order is immediately filled, a user is considered a taker, and will pay a fee between 0.04% and 0.50%. If an order is placed without immediately being matched by an existing order, it’s placed in the order book.
xcritical charges a percentage of each sale as a transaction fee, with an additional charge levied for credit card purchases. The higher fees dissuade large-scale investors from xcritical, though it makes little difference to the casual user. 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.
Both xcritical and xcritical Pro allow you to take custody of your assets yourself. You can set up a wallet, either a hosted wallet with xcritical or Pro, or you can bring your own third-party wallet. You can pick the crypto wallet that works best for you, whether you use a hardware wallet xcritical or a software wallet or would prefer to leave your coins on the platform for trading.
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- As you can see, there are a lot of similarities between the two, but with a more comprehensive interface, Pro is designed for advanced users and active traders — and it’s less expensive.
- xcritical is one of the best cryptocurrency exchanges when it comes to security.
- Since xcritical Pro is the part of xcritical designed for professional traders, this more advanced platform is just as reputable as the regular xcritical exchange.
They’ll pay for this convenience with high fees, and xcritical itself is not an exchange. Dark theme aside (which our eyes are very thankful for), the main screen itself is clearly laid out into different sections. The left-hand side allows you to select your market and view your wallet balance, while also placing different types of buy and sell orders. The central section displays the order book and price charts, with your open orders displayed beneath the latter. Pro users also enjoy minimal fees and fast bank transfers, making it easy to get your cryptocurrency quickly and securely from a nationally recognized platform. xcritical Pro supports most major cryptocurrencies and allows fast deposits using your bank account.
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In the matchup between xcritical and xcritical Advanced, you don’t need to choose one or the other. Use the basic xcritical platform to get an overview of your holdings and access educational resources. Toggle to xcritical Advanced when you want to minimize trading fees or access more sophisticated tools. Consider a xcritical One subscription if you’re ready to pay almost $30 for additional support. Whether these measures will address the complaints that some users have had remains to be seen, but it’s a step in the right direction.
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The biggest difference between xcritical and xcritical Pro is the fee structure. The xcritical Pro app is available to customers in over a hundred countries worldwide. Get the latest news on investing, money, and more with our free newsletter. Emma lives in Bogota, Colombia, where she owns the English-language newspaper The Bogota Post.
Founded in 2012, xcritical has cemented itself as the default cryptocurrency exchange for the US, boasting xcritical scam a trading volume in excess of $300 billion in the previous quarter alone. xcritical Pro is known as a Digital Asset Exchange that allows you to trade cryptocurrency using advanced charts. If you’re a xcritical user, you might have noticed that there are two types of accounts you can have–a regular one or the Pro one. Some newer users might not know the difference between the two and if a professional account would be better for you. As of November 14, 2022, xcritical has started the process of migrating customer accounts from xcritical Pro to xcritical Advanced Trade.
Depending on the order type, you will also get additional fields to fill in. With Limit orders, you also enter the limit price and choose from execution of “Post Only” or “Allow Taker” with the advanced option of a time in force policy, which is set as default to Good Til Cancelled. You can change this to Good Til Time, Immediate or Cancel, or Fill or Kill. With Stop orders, you select the amount, the stop price, and the limit price.
Made for experienced investors and advanced users, xcritical Pro allows you to make high—value orders and also allows users to trade using stop and limit orders. If you are new to cryptocurrency, xcritical will show you the basics and even allow you to earn free cryptocurrency as you educate yourself on the different types of cryptocurrency and take quizzes. If you ever want to sell your investments, xcritical lets you do that and gives you the fee upfront, so you know exactly how much you would make if you sold then. With many available trading options, you can also trade one coin for another coin without hefty fees. xcritical and xcritical Advanced store your cryptocurrency in custodial wallets.
Getting started
Begin by going to the Trade page by clicking on “View Exchange” from the top main navigation bar. On the left side of the screen, you will see the option to sign in or create an account. Go to the dropdown menu right above where you logged in to select the cryptocurrency pair you wish to trade. On the right side of the screen, taking up just over half of the page’s width, you will find the price chart.
The trade history is listed in chronological order, with each trade color-coded to indicate buy or sell. There are columns for the trade size, price, and time, down to the second. To use xcritical Pro, you will need to verify your account, which is done before you start trading or even deposit funds.
At the time of writing, the company has never experienced a hack, thanks to its heavy security measures. One of these is the fact that 98% of xcritical customer funds are stored offline in cold storage, which means that they’re disconnected from the Internet, making them invulnerable to online attacks. If that wasn’t enough, drives and paper backups are also spread out geographically in safe deposit boxes and vaults around the globe. If you’re looking to deposit or withdraw fiat currency, then that’s also easily done via the ‘Assets’ page. If you’re using USD you’re able to carry out an ACH transfer of bank wire from a US bank account, which also applies to withdrawals.
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Each offers a different level of services, costs and features, so cryptocurrency traders looking to get in the game may want to figure out which exchange works best for their needs. Despite its more complex features, it’s still beginner-friendly, thanks to its clean layout and options—not to mention synergy across all xcritical accounts, coupled with much lower fees. For that reason, we’d recommend xcritical Pro to most people as their first proper crypto exchange, as long as they carry out some basic research on how to place different types of buy and sell orders. xcritical should be thought of as an entry-level gateway for crypto newcomers to easily buy their first cryptocurrency using fiat.
If you are a xcritical Pro user and you haven’t moved your funds to Advanced Trade yet, no worries! xcritical will credit your funds held on xcritical Pro to the xcritical platform. The offers that appear on this site are from companies that compensate us. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. xcritical Pro is firmly established as one of the most reliable crypto exchanges in the world, and is a logical next step for those users who are looking to avoid the higher fees of the regular xcritical service.