Trade Crypto on xCrypt
How to Trade Crypto on xCrypt
If you are interested in trading crypto, there are few better places to consider than the world’s revolutionary cryptocurrency exchange, xCrypt exchange. Trade crypto safely and conveniently at xCrypt!
The xCrypt ecosystem launched the official version of its xCrypt exchange on October 11th, 2019, for the trading of digital currencies. The launch came after several months of security tests and multiple exciting features.
Why Trade Crypto at xCrypt
The xCrypt exchange provides crypto traders and investors with the best prices available among 50+ exchanges, hence maximizing their profits. Through our deep order books, we enable crypto traders to get the best buying and selling prices in the crypto market.
Security is xCrypt’s top priority, especially in the wake of the recent crypto exchange hacks all over the world. 99.5% of our users’ funds are stored separately from company holdings in a dedicated trust account. Digital assets are stored in cold wallets embedded with extra security measures such as multi-signature systems and two-step authentication.
A fully-Regulated Exchange Compliant with Securities
The xCrypt exchange is a fully regulated exchange that features KYC and AML processes implemented through in-house procedures. We strongly believe that by using our platform, there would be no more complicated transfers between FIAT money and cryptocurrency. To foster the utility value of digital assets, we are planning to team up with more partners and introduce xCrypt Debit Cards to hold both balances and e-money as well as digital assets. Trade crypto at our platform today and enjoy zero transaction fees.
Yet despite its reputation as a haven for crypto traders, it is not exactly easy for users who lack a traditional trading or investment background to navigate their way around.
In this article, we take a stepwise look at how to use xCrypt and trade crypto on the exchange.
Signing Up to Trade Crypto
For you to trade crypto on xCrypt, you must first create an account. Since xCrypt is fully compliant with securities, you will be required to complete KYC and AML rules before being allowed to trade crypto.
First, you will be required to provide an email address and a strong password for your account. A verification link will be sent to your email, and you will only proceed to the next step after confirming your email.
Secondly, you will be required to provide and verify your phone number to deposit/withdraw assets.
Thirdly, you will be requested to confirm further your identity (you will be required to provide things like proof of address, and ID/Driving license) for you to trade crypto on the exchange. The process is quite easy and can take a maximum of five minutes to complete before you begin to trade crypto on xCrypt.
Deposit Funds to Trade Crypto
Now that your account is activated, but before you trade crypto on the platform, you will need to fund your account. BUY CRYPT WITH CREDIT CARD!
xCrypt has a feature that allows users to buy crypto directly with their Visa or MasterCard credit card. Once all the required steps have been completed, the newly purchased cryptocurrency should reflect on your xCrypt wallet within 10-30 minutes.
Besides, you can also fund your account by sending virtual assets from a separate cryptocurrency wallet into your xCrypt account. Currently, users can only deposit bitcoin (BTC), Ether (ETH), and XCT. However, we will list all the top 100 cryptocurrencies soon.
Let’s go back to the home page now that funds are available for use.
Here, you will see all the digital currencies that are tradable on xCrypt and their respective markets.
For this illustration, let’s assume you previously deposited 1.7592ETH into your account and now wish to trade it for XCT.
First, you need to find the right XCT market.
Since you want to spend ETH to get XCT, click the XCT/ETH market and then place your limit and price in the sale section.
The left section of the screen is known as an order book.
Here, you will see all active buy and sell limit orders. A limit order is basically an order that will only be placed at the user’s desired price, given there are buyers or sellers interested at that level.
If you would like to learn the “in’s and out’” of an order book, check out our next article, but for now all you need to know is that the top of the order book (red) is where the limit sell orders wait to be filled and bottom section (green) is where the limit buy order wait to be filled.
That is all you need to trade crypto in xCrypt. We have a simple and user-friendly interface that can be used by both beginners and professionals. Welcome to xCrypt and enjoy free deposits and withdraws.