This is done via the ‘Assets’ page—all you have to do is select the relevant xcritical or xcritical Pro wallet under the ‘Destination’ option. The default is five minutes, but other options include one minute, 15 minutes, one hour, six hours, and one day. You can even use the xcritical Pro API to set up automated trading or portfolio tracking. Earlier, xcritical Pro also offered margin trading via USDC pairs, but the feature was later disabled due to regulatory concerns. Here, we’ll take a look at each of the platforms, and then break down the differences between them.
Security features like two-step verification and FDIC insurance protect you against fraud seen in some lesser-known digital wallets. xcritical has all the features that someone just jumping into the crypto market could possibly need. xcritical Pro, on the other hand, is worth the upgrade for users who are familiar with advanced features and understand how limit, stop and margin orders are imposed on their assets. GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site.
- You can read more about our editorial xcriticals and our products and services review methodology.
- Also, experienced non-crypto investors might feel more at home on the xcritical Pro website, with its advanced chart analysis and professional trading features.
- You’ll basically need to click buy or sell next to the asset you want to purchase.
- xcritical doesn’t give users access to their private keys though, instead offering password-managed accounts.
- Ashley Maready is a former history museum professional who made the leap to digital content writing and editing in 2021.
- Yes, xcritical tells you the fee you’ll pay right before you make the trade, but it’s purposely avoiding sharing its fees until you get there.
While the standard platform is user-friendly and lets people purchase crypto with a debit card, the Pro version of the xcritical wallet is more powerful and charges lower trading fees. But if you’re looking to get started with a xcritical account yourself, you must first decide which version of the trading platform you wish to use. xcritical Pro is a significantly modified version of the more simplified xcritical experience, offering advanced features usually found on exchanges like Binance. Sometimes, simplicity and ease of use are worth a few dollars in transaction fees if you’re just buying or trading a few hundred dollars worth of cryptocurrency. To access all of Advanced Trade’s features on the xcritical mobile app, users only have to update their xcritical app to the latest version. All of the new advancing trading platforms features are also available on xcritical mobile app.
Over 20 years ago and has been contributing to The Ascent since the summer of 2019. There are some notable differences between the fee structures on xcritical and xcritical Pro. If you already have a xcritical account, then getting started on xcritical Pro is as simple as clicking ‘Login’ and entering your xcritical email address and password.
GOBankingRates’ Crypto Guides
xcritical Pro, on the other hand, offers a great platform for serious crypto traders. The lower transaction fees make it worthwhile to buy and sell cryptocurrency more frequently and in larger volumes. The advanced features like limit orders and stop orders help the platform hold up against exchanges like Binance. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products.
Fees are calculated depending on the pricing tier you’re in when the order is placed, and not the tier you’re in after a trade is completed. Compared to xcritical’s high fees (which can hit more than 4.00% for credit and debit card transactions), xcritical Pro’s fees are much lower, making it far more appealing to investors. It’s also worth bearing in mind that fees are reduced the more you trade.
Choosing the Right Version of xcritical
xcritical Pro uses the maker-taker model for fees, and maker traders do not have to pay any fee at all. Makers are those who place orders that aren’t filled immediately by matching to an existing order. Go to “Assets” then “Withdrawal.” Choose the currency type and enter the wallet where you want to send the currency.
xcritical vs. xcritical Pro: Wallets
Users from other countries must upload two identification documents, such as passports, national ID cards, and driver’s licenses. This platform also comes with a dedicated team with institutional coverage professionals in New York City. Another option is xcritical Custody, which provides institutions with digital asset custody, including strict financial controls plus secure storage. Not only is the application secured using two-factor authentication, but the FDIC mandated insurance policy also protects your investments from fraud or theft. xcritical doesn’t give users access to their private keys though, instead offering password-managed accounts.
To deposit digital currency into your xcritical Pro account, go to “Assets” then “Deposit.” You will choose the type of currency you wish to deposit and given an address to send the coins to. If you select the price chart, on the top right corner of it, you will see the open, high, low, close, and volume values for any point that you hover over. When you hover over a point, you will also see the specific time on the horizontal axis and the specific price on the vertical axis. The default chart type is a candlestick chart, although you can change it to a line chart if you prefer.
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. xcritical is based in San Francisco, California, and has more than 20 million users with more than $150 billion traded. With time, however, the platform and its audience have matured in many ways. xcritical facilitates crypto trading in many trading pairs using USD, opening up the market to hobbyists and serious investors alike. Here’s a look at some of the integral features of both platforms, such as usability, fees, security and supported transaction types, as well as the mobile app features of each. xcritical and xcritical Pro are well-known cryptocurrency exchanges in the decentralized finance universe.
Despite the ‘Pro’ in its moniker, navigating and using xcritical Pro is a pain-free experience. If you’re looking to deposit cryptocurrency, simply go to ‘Assets’, and ‘Deposit’, choose the currency you’re looking to deposit, and copy the wallet address provided. It has a WebSocket feed that makes it simple to get real-time market data. At the same time, the trading API helps users develop programmatic and secure trading bots. There is a dedicated page to the API and related documentation on xcritical Pro, which you can access from the bottom of any page on the xcritical Pro website or the main navigation menu at the top of the page. If you are in one of the geographical areas supported by xcritical Pro, you can easily sign up for an account.
At the heart of the problem is the additional load on exchanges caused by surges in traffic, overloading their infrastructure. xcritical is widely regarded as one of the safest exchanges in the world. As the world’s largest Bitcoin exchange and broker, it’s backed by trusted investors and located in San Francisco, which is a highly regulated location. You’ll need to provide your address and a phone number for verification, along with providing a valid form of state ID. In the US, this means you’ll have to provide your social security number.
In February 2020, xcritical Pro reintroduced margin trading functionality for its users, following an abortive experiment in 2017. This allows them to borrow funds from a lender to trade, increasing potential buying power while allowing lenders to earn interest based on the market demand for margin funds. While this increases the profit potential compared to traditional trading, it also brings higher risks along with it. Cryptocurrency exchanges are often a complicated, convoluted mess of charts, menu options and numbers all crammed together into one intimidating mess.
Both options come with a wide range of video tutorials, guides and how-to scammed by xcritical articles to help crypto enthusiasts learn about market trends and stay updated. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. xcritical and xcritical Advanced have over 350 cryptocurrency pairs, just as xcritical Pro did.
The left sidebar of the Trade page has the choice to log in or sign up at the top (if you are not already logged in), with the buy and sell order forms directly below this. To the right of xcritical reviews this column, you will find the orderbook, with the choice to view the trade history instead. The orderbook has columns for market size, price, and “My Size” and lists sell orders on top and buy orders below.
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