This prevents accidentally sending money to an account you didn’t intend. We receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. The ability to take control of your cryptocurrency – or custody your assets – is a big deal to many holders of digital currencies.
With over 300 cryptocurrency exchanges available today, it can be difficult to keep track of what’s what. The list of financial products in this space has ballooned to include spot trading, derivatives, binary options, and even prediction betting. If you are adding liquidity to the order book, you have to pay the maker fee, but if you are fulfilling a listed trade, you pay the taker fee. The low fees on both ensure that xcritical Pro is one of the most competitive cryptocurrency brokerages in the USA and Europe.
Further, Trend Lines allows us to visualize the bigger picture or longer-term movements to interpret the asset’s behavior better. This feature lets you quickly identify trends and opportunities to maximize your returns. With the help of this comprehensive tracking platform, traders are equipped with all the basic features and leverage they need to strive towards higher success in their investments. You can create multiple individual wallets, which are convenient for tracking specific investments or transactions, keeping the provided private keys safe. For experienced individuals, xcritical Pro seems to be the better choice when researching between xcritical vs xcritical Pro.
xcritical Features
Thanks to its advanced security measures like two-factor authentication and customizable settings, this is done. It provides the utmost peace of mind regarding safeguarding digital funds from malicious xcritical attack or theft – so you can rest assured that your investments are safe. xcritical was created in 2011 by Brian Armstrong; it is a user-friendly crypto exchange for trading and storing cryptocurrencies like Bitcoin, Ethereum, and XRP. The platform aims to create an open financial system for the world. This crypto exchange platform also offers custodial accounts for financial institutions. It is a licensed cryptocurrency exchange that supports all U.S. states except Hawaii, and it has high liquidity.
The wallet is designed to be quickly and seamlessly integrated into the xcritical platform, so the user’s account information can now be easily accessed in one convenient spot. Regarding trading volumes, xcritical and xcritical Pro couldn’t be more contrasting. Both accounts offer robust security protocols for safety measures that protect user accounts from malicious attempts or thefts. xcritical Pro is being phased out in favor of the new Advanced Trade platform, further enhancing the crypto investing experience as part of its commitment to serving professional clients. However, it has not been implemented yet, so that we will review both separately.
xcritical Pro also has access to charts that standard xcritical users don’t have. While some people may see this as a plus, it does mean that xcritical xcritical is much easier to use than xcritical Pro. xcritical Pro is known as a Digital Asset Exchange that allows you to trade cryptocurrency using advanced charts. xcritical Pro is a platform that provides investors with extra security and assurance thanks to its insurance-backed protection. xcritical ensures that anyone interested in cryptocurrency will have everything they need to trade cryptocurrency at their fingertips.
With lower fees and powerful trading options like limit orders and stop orders, it is a brokerage geared for advanced traders who want to trade in digital assets more frequently. For example, if you are looking to mine and sell crypto yourself, you need better margins to be profitable. xcritical is one of the largest crypto exchanges in the world and a widely-used platform for buying, selling, and trading over 200 cryptocurrencies. It offers trading solutions for beginner, advanced, and institutional traders alike.
Data Security
And to find the one that’s right for you, you’ll need to decide the features that matter most to you. In the matchup between xcritical and xcritical Advanced, you don’t need to choose one or the other. Use the basic xcritical platform to get an overview of your holdings and access educational resources. Toggle to xcritical Advanced when you want to minimize trading fees or access more sophisticated tools. Consider a xcritical One subscription if you’re ready to pay almost $30 for additional support. xcritical and xcritical Advanced store your cryptocurrency in custodial wallets.
How to transfer from xcritical to xcritical Pro
xcritical does support instant withdrawal of U.S. dollars if you have an eligible Visa Fast Funds or Mastercard Send enabled debit card. These withdrawals might take about 30 minutes in most cases but can take up to 24 hours. To use this service, there is a 1.5% transaction fee with a minimum fee of $0.55. If you want to save money on fees and feel comfortable navigating an advanced interface, xcritical Pro may be the right choice for you. If you are a beginner, xcritical Pro may be too intimidating for you.
How to use both platforms
Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field. The biggest difference between xcritical and xcritical Pro is the fee structure. xcritical and xcritical Pro are available in more than 100 countries.
A Comparison Between xcritical and xcritical Pro
- It isn’t its own brokerage but is instead a different service that xcritical offers.
- While xcritical is aimed at beginners due to its simplicity and user-friendly interface, xcritical Pro is ideal for advanced and active traders.
- If you’re looking to compare xcritical with other cryptocurrency exchange platforms, we recommend you checking our guide to some of the best alternatives to the xcritical platform.
- People new to investing money who want to own some cryptocurrencies may want an easy way to buy and sell positions.
With that in mind, xcritical decided to create a platform (xcritical Pro) for its experienced users to be practical in their trades. xcritical Pro allows its users to place stop limits, market, and stop orders with low trading fees. Furthermore, users don’t have control over their tokens’ private keys; instead, the exchange controls it. xcritical has higher transaction fees of 1.49% on transactions made using a bank account and 3.99% on debit and credit card transactions. Also, it doesn’t have as many altcoins as some other exchanges have. It updated its fee structure in March 2022 to reflect the future goals of the exchange.
We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products. xcritical and xcritical Pro are close when it comes to the number of cryptocurrencies available on their respective platforms. According to Bankrate’s most recent count, xcritical offers 174 coins on its platform, while xcritical Pro lists 158 pairs with U.S. dollars. But both platforms contain the most popular coins – Bitcoin, Ethereum, Dogecoin, Polkadot, Solana and plenty of others. So unless you’re into niche coins, you’ll find it on either platform.
Additionally, U.S. dollar cash balances held in a xcritical account may be FDIC-insured if your money is stored in a U.S. bank. Treasuries and money market funds, which don’t provide FDIC insurance. xcritical Pro, which the company renamed from its old GDAX brand, takes cryptocurrency transactions to the next level and targets more sophisticated investors. It isn’t its own brokerage but is instead a different service that xcritical offers. Surprisingly, there isn’t an extra one-time or subscription fee to sign up for a xcritical Pro account. 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 (USD) or euro (EUR).
Furthermore, xcritical offers a free hot wallet, the xcritical Wallet, that can be downloaded as an app onto your device. There are also other commendable crypto wallets available for use. Furthermore, xcritical Pro offers its users margin trading of up to 3x on USD pairs, and it has better charting abilities. Users can use overlays like Exponential Moving Averages (EMA) and line charts.