Hello and welcome to the latest review of the XBTPro exchange. XBTPro exchange started operating in February 2020 and is a completely new exchange, but it is packed with features and allows quick and secure trading of 10 cryptocurrencies with very tempting trading fees. XBTPro takes customers` safety very seriously and works with external market leaders, such as BlueSwarm to guarantee high-end security. Users that use their platform have access to crypto trading, deposits, and instant withdrawals.
Introduction to XBTPRO exchange
The platform was launched on 5th February 2020 and is very new to the market, but it makes no exception when it comes to functionality. The registered in the Saint Vincent and the Grenadines exchange currently offers a variety of benefits, such as their loyalty program, welcome bonuses and referral bonuses.
XBTPro is also launching their native NEXBT token, which will allow platform users to pay lower fees and get discounts on trades. Only 10 million NEXBT tokens will become available to investors and platform users, which accounts for 10% of all tokens that will be in circulation.
- Margin trading feature allowing experienced traders to multiple their returns
- Demo trading for inexperienced traders is in progress of launching
- Crypto courses (Academy) and crypto-related news and video content section will be available to everyone
- Introduction of trading competitions held on a regular basis
- Implementation of a sophisticated and unique referral program
Trading of 14 pairs and 10 cryptocurrencies, although numbers are set to significantly increase over time. Trading fees are very attractive with taker`s fee starting at 0.05% and maker fee at 0.02% – for volume there will be a discount. There are no costs for depositing and withdrawing BTC, and users have to incur blockchain fees only.
KYC is not required unless trades over $10,000 in value are being performed. Deposits from any crypto wallet are enabled. For the safety of XBTPro users, BlueSwarm company runs audits and penetration tests to ensure peace of mind to all customers. Unique referral program that gives you a lucrative opportunity to earn commissions in 10 levels is also available.
Benefits of XBTPro exchange
- No KYC required for trades below $10k USD
- Very low trading fees
- High-end security ensured by BlueSwarm
- Unique referral program
- Very good trading experience and UI
- Very good customer service
- No costs for deposits
- Volume-based promotions
- Demo trading
- Margin trading
- Trading Academy videos & tutorials
- Trading competitions
- Native token offering even lower fees
- Fiat currencies are not accepted
- Currently has no IOS/Android mobile apps
- Wire deposits are not allowed
Fees and supported payment types
The exchange offers one of the lowest fee on the market, starting from 0.05% for takers and 0.02% for makers. There are discounts that will apply to this fee, depending on trading volume. Five different fee levels are currently in place
Users from all countries have access to the platform, with exception to citizens of the following countries: USA, the province of Quebec in Canada, Algeria, Ecuador, Ethiopia, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea and Sudan.
Although only 14 pairs are traded as of the time of writing the review, new pairs will be added, especially with the introduction of NEXBT token in June 2020. The 14 pairs are:
How to set up an XBTPro account?
- Visit xbtpro.com
- Click on the Sign Up button at the top right corner
- Provide your first name
- Provide your last name
- Enter an email address
- Input your password
- Enter your referral ID (if you have one)
- Click on the “click to pass” button
- Click on the “create account” button
- Check your mailbox and verify your account
- You are all set! Congratulations!
Is XBTPro safe and secure?
As previously mentioned, XBTPro relies on the services of the market leader in security, BlueSwarm. BlueSwarm has been conducting penetration tests and working on improving the XBTPro security level of the platform even prior the launch of the exchange in February. The exchange is also certified by the security leader.
The affiliate program is very straightforward. You can see the 4 easy steps that can allow you earn funds below.
Once you have become an affiliate, there are 10 different levels that you can reach. Each of the level give a certain return to the user. Levels are starting from a “starter” level and can get up to the “black diamond” level