There are certain expectations that traders expect crypto exchanges to meet. Some would like a transparent pricing system. Others desire those that offer various virtual coins to trade with. Too often, traders may find a crypto exchange with transparent pricing but limited cryptocurrencies.
Fortunately, X-Fortunes lists the fees whenever traders do a transaction. Furthermore, it allows people to trade with 1000+ coins. With that brief introduction about the broker, there are some things traders should know about it in detail. Read the review to find out more.
A Brief Introduction to the X-Fortunes Platform
X-Fortunes offers crypto trading and exchange services worldwide. Its offerings include futures trading, leveraged trading, staking, and liquidity mining. The platform was founded in 2013 and has since been ranked among the top 10 exchanges.
Does the X-Fortunes Platform Work Well?
Generally, the platform works very well. That is evident by its ability to reveal trading volume and liquidity information. Moreover, it generates bi-weekly reports so that traders are kept in the know. They can be about the available tokens on the platform and launched trading competitions.
How do People Create a X-Fortunes Account?
The process of creating an account is not as complicated as other crypto exchanges. All a trader should do is visit the broker’s website and click on the “Sign Up” button at the top right. Next, it will lead the person to the “Create Account” page, where they can register with their email or phone number. This process takes about two minutes.
What are Other Advantages of X-Fortunes?
The platform has one of the most organized customer support systems. It has a 24/7 live chat for all its users. Traders can also submit support tickets when they have pressing concerns.
X-Fortunes does not charge fees for depositing funds, provided that users transact through bank transfer. That means they should not transact with a debit or credit card.
Lastly, the platform enables traders to earn points by completing certain tasks. They range from verifying their accounts to subscribing to social trading. Users can use the points to pay trading fees or taker’s fees.
What are the Downsides of X-Fortunes?
The only downside of the platform is too much functionality. It displays trading charts and order books in one location, which makes the interface a bit cluttered. Nonetheless, it is still easy for users to navigate different sections of the website after a while.
What Costs Can a Trader Incur While Using X-Fortunes?
It is free for traders to trade P2P on the platform. However, if the traders sign up as merchants, they will incur a 0.2% trading fee. This amount is significantly lower than most crypto exchanges since they charge, on average, 1%.
The platform charges a standard fee per transaction regardless of the amount. However, the costs differ depending on the crypto traders withdraw from. Users who wish to know more about the withdrawal fees must log in and head to the withdrawal page tab.
Is X-Fortunes a Safe Platform?
The platform is safe due to the numerous security measures it employs. One secure measure the platform uses is two-factor authentication (2FA) via SMS notification, Google Authenticator, and blind IP logins.
Another reason it is secure is that a third party audits it. The management uses an outside security firm that conducts regular security audits. Additionally, the firm uses third-party anti-malware software to secure assets.
Cyber attacks have become very common. When they occur, traders can lose their investments. To secure the assets, X-Fortunes holds them offline in cold storage.
Can Traders Deposit NFTs at X-Fortunes?
Traders can deposit them, and the process is pretty straightforward. First, users must click on “My Assets” on the homepage and click “Deposit.” It will prompt the trader to select an NFT asset.
Although the platform allows people to deposit NFTs, they must do what they can to secure it. They can do that by keeping private keys and wallets.
In conclusion, X-Fortunes is one of the safest and most convenient crypto exchanges. Although it has secure systems, it is continually seeking ways to safeguard traders’ assets. That means the company is always prepared to handle any digital mishap.
Disclaimer: This is a sponsored marketing content.
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