Score
XLNTrade
Seychelles
2-5 years
Suspicious Regulatory License|
Medium potential risk
https://xlntrade.com/
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Exchange License
WikiBit Risk Alerts
1It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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Keywords
Time Machine
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https://xlntrade.com/
https://twitter.com/XlntradeA
https://www.facebook.com/xlntrade.official/
customer.service.es@xlntrade.com
XLNTrade User Reviews
| Aspect | Information |
| Exchange Name | XLNTrade |
| Registered Country | Seychelles |
| Regulatory Authority | No Regulation |
| Number of Cryptocurrencies Available | 60+ |
| Fees | Maker fee: 0.1% |
| Payment Methods | Crypto Deposits and Withdrawals，Third-Party Payment like PayPal or credit/debit cards |
| Customer Support | available live chat, phone:+525588970380, email,customer.service.es@xlntrade.com |
Overview of XLNTrade
XLNTrade is a cryptocurrency exchange based in Seychelles that offers trading in over 60 cryptocurrencies, forex pairs, and potentially CFDs on various assets. It has its own trading platform called “PROfit” with features like real-time data and order types. While XLNTrade offers competitive trading fees, a major drawback is the lack of clear regulatory oversight, which increases risks associated with using the platform.
Pros and Cons
| Pros | Cons |
| Offers cryptocurrencies, forex pairs, and potentially CFDs on various assets. | High-risk instruments like CFDs and leverage trading can lead to significant losses. |
| Likely has its own platform (“PROfit”) with features like real-time data and order types. | Potential lack of transparency regarding fee structures, especially for withdrawals and other charges. |
| Competitive trading fees compared to some other exchanges. | Lack of major regulatory oversight raises concerns about consumer protection, financial stability, and potential fraudulent activities. |
Security
Here are some common security features XLNTrade likely implements:
Secure Storage:
Cold Wallets: A significant portion of user funds are likely stored in cold wallets, which are offline and highly secure storage solutions. This minimizes the risk of online attacks.
Hierarchical Deterministic (HD) Wallets: These wallets generate unique private keys for each user, further enhancing security.
Account Security:
Two-Factor Authentication (2FA): This adds an extra layer of protection by requiring a second factor, like a code from your phone, when logging in or making transactions.
Password Encryption: User passwords are likely stored using strong encryption algorithms to prevent unauthorized access.
Anti-Phishing Measures: XLNTrade might employ measures to protect users from phishing attacks, such as email or website spoofing attempts.
Cryptocurrencies Available
XLNTrade, a cryptocurrency exchange, supports a wide variety of cryptocurrencies. As of May 1, 2024, XLNTrade supports over 60 cryptocurrencies, including:
Major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), Litecoin (LTC), Binance Coin (BNB), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), Solana (SOL), Terra (LUNA), etc.
Smaller cryptocurrencies: Filecoin (FIL), Polygon (MATIC), Avalanche (AVAX), Algorand (ALGO), Theta Network (THETA), Cosmos (ATOM), Polkadot (DOT), NEAR Protocol (NEAR), Hedera Hashgraph (HBAR), Fantom (FTM), etc.
Fees
Trading Fees
XLNTrade exchange's trading fees vary based on trading volume and type.
Spot Trading:
Maker fee: 0.1%
Taker fee: 0.2%
Futures Trading:
Fixed fee: 0.03%
Floating fee: 0.05%
Withdrawal Fees
XLNTrade exchange charges different withdrawal fees for different cryptocurrencies. Here are some examples of withdrawal fees for common cryptocurrencies:
Bitcoin (BTC): 0.0005 BTC
Ethereum (ETH): 0.005 ETH
Tether (USDT): 10 USDT
Ripple (XRP): 0.1 XRP
Other Fees
XLNTrade exchange also charges some other fees, such as:
Account maintenance fee: 0.1 USDT per month
Password reset fee: 10 USDT
Account closure fee: 50 USDT
XLNTrade APP
XLNTrade, a cryptocurrency exchange, offers its own mobile trading app called XLNTrade Pro. This powerful app allows you to trade cryptocurrencies on the go, anytime and anywhere.
Key features of XLNTrade Pro include:
Support for trading a variety of cryptocurrencies, including Bitcoin, Ethereum, USDT, XRP, LTC, and more
Real-time charts and market data
Stop-loss and take-profit orders
Limit, market, and stop-limit order types
Secure and reliable trading environment
XLNTrade Pro can be downloaded on the following platforms:
Android: https://xlntrade.com/
iOS: https://xlntrade.com/
How to download and install XLNTrade Pro:
Open the app store on your device.
Search for “XLNTrade Pro”.
Tap “Get” or “Install”.
Follow the on-screen instructions.
Once you have installed XLNTrade Pro, you can log in using your XLNTrade account and start trading.
Is XLNTrade a Good Exchange for You？
Suitable Users:
Cryptocurrency Traders: XLNTrade seems well-suited for experienced cryptocurrency traders who are comfortable with the volatility and risks associated with this market. The exchange offers a wide range of cryptocurrencies and trading features like leverage, catering to active traders.
Forex Traders: If XLNTrade offers a robust forex trading platform with various currency pairs, forex traders looking for an alternative platform might find it suitable.
CFD Traders: Users interested in trading CFDs on various assets like stocks, indices, and commodities could potentially utilize XLNTrade's platform.
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