Xcoins is a cryptocurrency exchange that was established in Malta in 2016. The Exchange has been providing over 250,000 traders from around 167 countries of the world with the opportunity to buy and sell multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and more through a web-based trading platform. The Exchange provides traders a selection of educational resources, whilst a knowledgeable client support team is available to assist at any time. Xcoins has processed over $250 million in digital cash since its inception, and the least deposit required to operate an account with them is $50.
Xcoins Review Introduction
In this Xcoins review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Xcoins.
Xcoins Platforms & Tools
Xcoins provides traders with an intuitive trading platform and offers secure access to trade the various available cryptocurrencies. The platform is non-custodial, and it is available as a WebTrader that runs directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge. The trading platform can be accessed from the Exchange’s website and is also fully mobile responsive, which means that it can narrow down the full functionality of the platform to the small screens of your mobile devices making it more convenient to use while on the go.
Xcoins Research & Education
Traders are provided with a good selection of educational resources to improve their crypto trading knowledge whilst keeping them informed on the factors that move the markets. The resources include guides, educational articles, newsletters, and an FAQ section that offers answers to the most common questions that traders may have.
Xcoins Trading Accounts
Traders are allowed to create a single live account. The minimum deposit required to operate an account is $50, and no commissions are charged on trades.
Xcoins Account Funding
Bank transfer and credit/debit cards are the two major payment methods available to Xcoins’ clients for both account deposits and withdrawals. Please note that not all payment methods are available in all countries, and the time taken to process transactions may vary with the payment method in use.
Xcoins Customer Service
The Exchange offers a client support team that is always available to politely respond to clients’ general, technical, and account-based inquiries. The team can be reached via the following contact channels: telephone, email, Live Chat, or by filling the form provided on the website.
Xcoins is not regulated by any known financial authority at the moment. Many experts and professionals would not trade with an unregulated exchange because the safety of their invested funds is not guaranteed.
Xcoins Review Summary
Founded in 2016, XCoins is an online cryptocurrency exchange that operates from Malta, providing over 250,000 customers from about 167 countries with access to the digital currency markets. The Exchange provides traders with a proprietary trading platform for trading several cryptocurrencies, as well as some educational resources that can help them improve their trading knowledge. There is a customer support team to assist at all times. The Exchange offers a live trading account, with the least deposit requirement of $50 and zero trading commission. However, there is no regulatory information on the Exchange‘s website at the moment, which could discourage potential traders.
It is worth mentioning that some of the trading products and services in this Xcoins review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Xcoins broker website which you can visit by using the link below.
The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase. You must act with caution and vigilance by limiting your purchases of crypto-assets you can bear to lose without putting yourself in financial jeopardy. As such, it is not recommended that you convert all your liquid assets to crypto-assets given that crypto-assets are volatile and can decrease without warning.