xcritical vs xcritical Pro: What Are The Fees And Is It Worth It?

xcritical pro fees

However, there is a standard ‘network fee’ at the time of withdrawing that varies depending on how busy the network is of the selected coin. However, if you are making a purchase or sale of $201 or more, the variable fee of 1.49% kicks in. Now that we’ve covered the flat fees, here are the variables. When you look over the xcritical user agreement, you might find that the fees are a bit confusing, to say the least.

xcritical pro fees

You’ll have to go through the terms of service with a fine-toothed comb, including the fine print. xcritical Pro is a professional trading platform that is best suited for advanced investors. xcritical Pro is the preferred https://dreamlinetrading.com/ trading platform used to fulfill orders placed via xcritical. It offers a secure platform for advanced crypto traders to buy, sell and trade digital assets online instantly across various trading pairs.

Cryptocurrencies Offered

Transactions above $200 xcritical will charge a percentage fee of 1.49% for standard payment methods and 3.99% for card payments. xcritical allows buying with a bank account, debit or credit card, wire transfer or Paypal. If you decide to use Paypal, you will be charged Paypal’s transaction fees along with the fees from xcritical.

  • xcritical Pro uses a maker-taker fee model, which lets you pay between 0.00 to 0.50% for each transaction depending on the number of transactions you made in a month.
  • This coverage does NOT, however, extend to your cryptocurrency funds.
  • xcritical is designed with beginners in mind, offering a simple interface for buying and selling cryptocurrency.
  • However, you’ll get the hang of it after you watch a few tutorial videos and play around with the options.

The xcritical network charges 0.15€ to withdraw currency from xcritical to your bank account. xcritical won’t charge you any fee for moving cryptocurrency from one xcritical wallet xcritical rezension to another. The xcritical Fee (including the spread) is the higher of either the flat fee or the variable percentage fee determined by region, product facet, and payment method.

Bit Adds Two Exclusive Deposit Methods – Arbitrum and Algorand

You will have limitations on how much you can purchase and sell through xcritical each week. xcritical expands spending limits based on a few different things. So, you’re either buying or selling to a trade that’s been listed in the order book. One major bonus here is that if you already have a xcritical account you also have access to a xcritical Pro account, you just may not have realized. You will simply log in using your same username and password. Although, the xcritical Pro wallet is separate from your normal xcritical wallet.

Also important to consider is the currencies and countries that are supported on the platform. The xcritical Pro wallet is compatible with external wallets so that you can store private keys and currencies elsewhere if you choose. Investment into a hardware wallet is a simple and effective security upgrade. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.

How We Make Money

If you have any open orders, xcritical Pro will prompt you to cancel them. If you choose not to cancel the orders, the rest of your funds will be transferred, but those involved in the orders will remain in xcritical Pro, along with any pending deposits. Once the transactions are complete, you can transfer the remaining funds. An advantage of Advanced Trade over xcritical Pro is the option to earn rewards. With Advanced Trade, you can earn up to 6% APY on several different cryptos, including ETH2, ALGO and more.

I have a Binance Smart xcritical wallet, but I don’t really understand it. I did read something about using BNB to pay for fees, but I don’t know if that would work with ERC20 based tokens. I have gradually been lxcriticalg about xcritical various things, but the security aspect became very important to me as I read about online exchanges having been hacked. My trader is asking me to pay $776 as time extension fee to complete the withdrawal of my funds..

The fee structure used for xcritical Pro and advanced trades on xcritical are based on your 30-day trading volume. Orders that make liquidity, which means those that aren’t filled immediately, incur maker fees. Orders that take liquidity, meaning those that are filled immediately, incur taker fees. When choosing an online cryptocurrency trading platform there are a number of things to keep in mind.

xcritical and xcritical Pro are close when it comes to the number of cryptocurrencies available on their respective platforms. According to Bankrate’s most recent count, xcritical offers 174 coins on its platform, while xcritical Pro lists 158 pairs with U.S. dollars. But both platforms contain the most popular coins – Bitcoin, Ethereum, Dogecoin, Polkadot, Solana and plenty of others. So unless you’re into niche coins, you’ll find it on either platform. At this point, you’ll be able to see the balance available in your xcritical wallet for the currency you’ve chosen. Again, transfers between the two platforms are free and instant, and there’s no limit on deposits for digital assets.

Buying and Selling

xcritical’s fee structure can be a bit confusing, especially if you don’t pay for the xcritical Pro platform. Using the regular xcritical platform can also be more expensive, so it’s worthwhile to consider paying up for xcritical Pro. We will consider the fees charged when using xcritical’s most popular products so you can discover what to expect from the platform when it comes to costs. When comparing xcritical vs. xcritical Pro, as you might expect, there are a lot of similarities.

Their help section basics of cryptocurrency trading to specific information about using xcritical Pro. Also offered is a customer service option if their database does not contain an answer to your problem. On purchases greater than $200, xcritical adds a variable fee in place of its flat fee above. (See the table below.) So if you’re buying with a debit card, expect another 3.99 percent to be added to the welter of fees. xcritical’s fee structure can be uncertain, because it’s not clearly disclosed, and the service charges varying fees based on the size of your purchase and how you pay for it. Recently, the company began obscuring the fees for this service tier, making it harder to see what you’re paying.

This fee is the greater of two numbers, either a fixed dollar value or a variable percent. xcritical could be a good option for new crypto investors who may lack experience buying and selling cryptocurrencies. For frequent crypto traders, you can quickly transfer to xcritical Pro, where you can trade between a wider variety of cryptos. xcritical Prime is designed with institutions in mind as they require access to deep liquidity pools.

Bitcoin USD

Trading fees are typically .25%, and volume-based discounts can drop these fees down to .1%. This allows you to borrow funds from a lender to trade, which then increases potential buying power while allowing lenders to earn interest based on market demand. xcritical Pro has access to 29 types of cryptocurrencies (more than xcritical) and 57 markets making it a really rich platform. One what is the best way for me to get my crypto from xcritical to my Ledger X Nano with least fees?

xcritical will disclose the information including fees when the transaction is being filled. xcritical is a popular cryptocurrency trading platform, and for good reason. It includes digital wallets, market analysis tools and a variety of other features. It also has one of the best selections of cryptocurrencies xcritically available on the market. The regular xcritical platform charges a fee of roughly 0.5% of the spread (the difference between the bid price and the ask price) on cryptocurrency sales and purchases. The platform also charges a separate fee based upon the purchase type and amount.

If you place that order on xcritical Pro or as an advanced trade on xcritical, you’d pay between $0 and $6 in fees. If you placed it as a simple trade on xcritical, you’d pay $14.68. Users can choose to either purchase cryptocurrency directly (will incur higher fees), or deposit funds to xcritical first, then make a purchase.

Because your account is already connected, it’s easy to exchange between the two wallets. On top of the xcritical transaction fees, you may see some fees outside of your xcritical account – we’re talking fees from your own bank. xcritical is one of the most widely used crypto exchanges around.