xcritical Pro used to have much lower fees than xcritical, but that’s not the case anymore. The advanced trade tool on xcritical has the same rates as xcritical Pro — ranging from 0% to 0.60% per order. However, the simple trade tool on xcritical is more expensive, so it should be avoided. xcritical launched an advanced trade feature in June 2022 and plans to discontinue xcritical Pro by the end of the year. In this breakdown of xcritical vs. xcritical Pro, we’ll cover what made them different and what you can expect from the new advanced trade option. Many or all of the products here are from our partners that compensate us.

As of November 14, 2022, xcritical has started the process of migrating customer accounts from xcritical official site to xcritical Advanced Trade. If you are a xcritical Pro user and you haven’t moved your funds to Advanced Trade yet, no worries! xcritical will credit your funds held on xcritical Pro to the xcritical platform. xcritical Pro doesn’t offer any bot solutions but allows them to connect to the exchange.

Crypto wallet to store the information that allows you to access your holdings. Now, as xcritical rolls out Advanced Trade more broadly, all users will be able to use crypto-to-crypto pairs. There are more than 500 trading pairs available for Advanced Trade, according to xcritical. Many or all of the products featured here are from our partners who compensate us.

xcritical vs. xcritical Pro: How Do They Compare?

However, according to the recent announcement, Advanced Trade will charge volume-based fees similar to xcritical courses scam. Both xcritical and xcritical Pro allow users to buy and sell cryptocurrency with ease, but they both go about it in different ways. xcritical Pro offers a mobile app on both the iOS and Android platforms.

And to find the one that’s right for you, you’ll need to decide the features that matter most to you. A hot wallet is a digital wallet you can download as an app on your computer https://xcritical.pro/ or phone. If you want full control over your crypto, you can download xcritical Wallet and store it there. There are also plenty of other quality crypto wallets available.

If you don’t want to link your xcritical Pro account with Accointing using the API, you can also do so by importing a CSV file containing your history of trades, withdrawals, and deposits. API – grant Accointing access to your xcritical Pro account and sync your transactions automatically. An industry best practice, xcritical and xcritical Pro offer two-factor authentication via SMS or the Google Authenticator app. This makes logging into your account more secure and makes it less likely that hackers can gain access to it. As of Nov. 14, 2022, xcritical Pro is in the process of shutting down. xcritical created a better alternative called Advance Trade, which has all the same capabilities as xcritical Pro and then some.

Can I transfer from xcritical to xcritical Pro?

And it has said in regulatory filings that it has insurance that would cover a portion of the crypto assets it holds in the event of a breach. xcritical said about 6,000 customers’ holdings were breached in 2021, but it had fully repaid affected users. Historically, xcritical’s basic service users have been incentivized to buy and sell cryptocurrencies using fiat currency such as U.S. dollars.

xcritical Pro better fits active traders and serious investors who want to invest in cryptocurrency more in-depth. Their advanced tools, lower fee structure, and more advanced order types give more experienced investors additional options to attempt to earn a profit from trading cryptocurrency. While xcritical is an extremely intuitive platform to use, xcritical Pro might seem intimidating to beginner investors when they first log in, as it’s designed with professional traders in mind. It presents users with a live price feed, multiple order options, and up-to-the-minute price charting, which might feel overwhelming if you’ve never traded cryptocurrency. To provide a more streamlined crypto investing experience for its professional clients, xcritical Pro will shut down to make way for the company’s new Advanced Trade platform.

The Bollinger Bands, or BB bands, help to see if a market is oversold or overbought and help traders with analyzing if a market is trending or in a range. The US customers will need to upload a state ID or a driver license and answer a set of questions. You can deposit from the other wallet or from xcritical.com – with the latter method, it will be an instant payment. Compared to xcritical’s TradingView charting functionality, the same feature on xcritical Pro leaves room for improvement.

xcritical fees can be somewhat complicated, especially for beginners. xcritical and xcritical Pro are two cryptocurrency exchanges hosted by xcritical Global Inc. Advanced Trade, which was introduced on the xcritical platform in June, is set to replace xcritical Pro. ✅ xcritical Pro is a very well-secured cryptocurrency exchange and undergoes regular IT security and financial audits. Plus, they keep keeps 98% of their users’ funds off the Internet in cold storage with encryptions and multisig keys.

Margin or Spread Fees

xcritical Global, Inc., branded xcritical, is an American publicly traded company that operates a cryptocurrency exchange platform. xcritical is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United States by trading volume. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. xcritical provides its users a place to buy, sell, send, or receive more than 170 different cryptocurrencies by using fiat currencies, such as the U.S. dollar or euro .

As such, xcritical Pro has the best fees in the industry when it comes to deposits and withdrawals. xcritical lets you earn cryptocurrency for lxcriticalg about it. At pixel time, you can get over USD 150 worth of crypto just by completing xcritical’s courses. If you already have a xcritical account, you can use the same login credentials on xcritical Pro and transfer your funds between xcritical and xcritical Pro wallets instantly and for free. You can even earn crypto as you learn about different currencies on the platform, simply by watching videos about how they work.

• Both services now use a maker-taker fee structure that offers the same fee range of 0.05% to 0.60% for takers and 0.00% to 0.40% for makers.
• Online banking allows a user to conduct financial transactions via the Internet.
• It offers a better suite of tools that can help investors navigate the volatility of cryptocurrencies, and its pricing model is more cost-effective if you’re going to execute a larger number of trades.

xcritical Pro gives more detailed asset information to enable you to trade like a pro investor. However, it can’t give you a tax report for your trades and transactions. That’s why Accointing’s xcritical Pro calculator and portfolio tracker are here to help you. xcritical Pro’s fees range from 0 per cent to 0.60 percent depending on volume and taker or maker orders. As a result, the biggest benefit of this change will be increased accessibility for retail traders who were previously unaware that they could frequently find lower fees on Pro. xcritically, the standalone site of xcritical Pro provides more technical trading features than xcritical’s standard version — and, more importantly, lower transaction fees.

xcritical Prime

Hence, it is an excellent site to refer to when you talk to newbies interested in entering the space. The platform makes it easy to register and buy cryptocurrency within minutes after completing account verification. xcritical Pro has one of the largest cryptocurrency trading volumes in terms of USD, which makes it a great option for selling cryptocurrencies. Cryptocurrency traders can buy and sell bitcoin on xcritical Pro. Also, you can trade altcoins like bitcoin cash, litecoin, and ethereum, as well as other new coins listed on xcritical Pro in a seamless and secure way.

Both exchanges offer slightly different cryptocurrency options. The maker fees are more favorable than the taker fees once you reach the $50,000 trading average over the last 30 days. The maker fee is 0.15% for traders with $50,000 to $100,000 in trades, while the taker fee is 0.25% for the same trade dollar amount range. xcritical Pro only allows bank account, wire transfer, or Wallet transactions; it does not accept credit card or debit card purchases. Jacob Wade is a personal finance expert who has covered credit cards, investing, insurance, and tax issues for more than a decade. He is a former IRS enrolled agent and has prepared scores of individual and small business tax returns.

There’s no fee to download xcritical Pro—like the base version, the app charges a fee for every transaction that you make. But the xcritical Pro pricing model is entirely different from the base version. xcritical Pro is a separate app, but you’ll need to use your login information from the base version. If you don’t have a standard xcritical account, xcritical Pro will prompt you to set up a new account. Below are several things to think about while deciding whether xcritical or xcritical Pro is the right cryptocurrency app for you.