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xcritical Pro Shuts Down Soon Heres What to Know

author
yanze
August 10, 2020

xcritical pro

The orderbook has columns for market size, price, and “My Size” and lists sell orders on top and buy orders below. The trade history is listed in chronological order, with each trade color-coded to indicate buy or sell. There are columns for the trade size, price, and time, down to the second. To use xcritical Pro, you will need to verify your account, which is done before you start trading or even deposit funds. To complete the verification process and use the platform, you must upload an official document.

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. 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 this column, you will find the orderbook, with the choice to view the trade history instead.

xcritical vs. xcritical Pro: Fees

Taker order fees start at 0.30 percent for volumes of up to $10 million. Between $10 million and $100 million, the fee drops to 0.20 percent. Go to “Assets” then “Withdrawal.” Choose the currency type and enter the wallet where you want to send the currency. At any point, you can view your open orders directly below the price charts in the middle of the same page. Then, click on the here link in the first line of text on the page, and you’ll be taken to the xcritical Pro sign-up page.

Those in the UK, Europe, and the U.S. have support for fiat currencies, as well. The only exceptions are that those in Wyoming and Hawaii cannot use xcritical Pro, as the platform is not yet licensed there. xcritical Pro only allows bank account, wire transfer, or Wallet transactions; it does not accept credit card or debit card purchases.

xcritical Pro: Trade BTC, ETH

While this can be challenging for beginning users to set up from scratch, exchanges such as xcritical will do it for you, and pay you a portion of their rewards. We believe everyone should be able to make financial decisions with confidence. When you place an order with xcritical Pro, you have direct access to the liquidity of xcritical Markets. The orders from xcritical Pro get directly placed on this market, just like they did on GDAX. The default is five minutes, but other options include one minute, 15 minutes, one hour, six hours, and one day. This is also where you can add an overlay, either EMA12 or EMA26.

What is xcritical and how does it work? – Yahoo Finance

What is xcritical and how does it work?.

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Instead, you need to sign up for a separate xcritical Pro account. But don’t worry, your standard and Pro account will be immediately linked if you sign up for xcritical Pro using the login details of your standard account. An industry best practice, xcritical and xcritical Pro offer two-factor authentication via SMS or the Google Authenticator app.

Ratings and reviews

When looking at the fees for xcritical rezension, keep in mind that an order can be divided into multiple orders that include a maker order and a taker order. In this case, each separate order is charged the appropriate fees, including no fee on the maker portion. The availability of various trading pairs depends entirely on the local regulations within a given country. While users of xcritical Pro can view the orderbook and other information related to any trading pair, they can only trade the pairs that comply with local regulators in their area.

xcritical pro

When you open xcritical Pro, you should see a banner at the top of the screen. Those with trading volumes of over $100 million get the 0.10 percent fee. Transactions made on books without USD are first converted to USD according to the fill price from the respective book that is the most recent, then the volume is calculated. 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.

Trading and selection

If you want fancy colors and games and information on different coins or tokens that the app doesn’t even offer, then this isn’t for you. What you will get is up front information on the fees and access to every coin that xcritical offers and that’s it. Straight up—to the second-trade history and order book so that you know what’s happening with https://xcritical.online/ your investment whether you’re long or short. The only negative I could say about the app is that it’s so bare if you don’t have a firsthand knowledge of the market already, then you won’t have a clue about how to navigate this app. It could offer just a tad bit more information than it does, but it’s for trading and pretty much that’s it.

  • It’s almost like xcritical and xcritical Pro are different companies entirely.
  • If you want to transfer funds from your standard account to your Pro account, you’ll first need to head to the trading page in your xcritical Pro account.
  • For example before their downfall, everybody worshipped Do Kwon, the founders of Celsius and FTX.
  • If you don’t mind waiting a little longer for your purchases, you can wire your fiat to xcritical and then make your purchases on xcritical Pro.
  • Between $10 million and $100 million, the fee drops to 0.20 percent.

They also have a user-friendly mobile app on both iOS and Android for access on the go. xcritical’s basic service and Pro have mostly similar security features, though the company says that Advanced Trade offers some protections that were not available with Pro. These include the ability to use its xcritical Vault service, which allows users to place additional restrictions on crypto withdrawal. For the most part, xcritical and xcritical Pro also offer the same security features, including two-factor authentication, insurance for USD wallets up to $250,000, and cold storage of funds. The only feature only offered by xcritical Pro, as mentioned above, is the wallet address whitelisting option. We’ve reviewed both platforms based on their supported currencies, security, fees, features, and more so you can decide which option is right for you.

At the same time, the trading API helps users develop programmatic and secure trading bots. Be mindful that you now still have your standard account which you can still use to buy, sell, trade, swap, and stake your crypto. xcritical Pro just gives you that added layer of professional features if you’re an experienced trader. But this doesn’t mean that you can only view basic statistics using a standard xcritical account.

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