XT.COM Review | Is XT.COM Reliable? A Complete Analysis of Withdrawal Barriers, Lack of Supervision, and User Complaints

1. Brand Background and Development History

• Full company name : XT.COM Exchange (mostly operated as XT.COM Global, with no publicly disclosed registered entity)

• Founded : 2018

• Registered Address : Claims to be headquartered in Dubai, with offices in Singapore, Hong Kong, South Korea, etc., but lacks clear legal documentation to support this.

• Business coverage : more than 200 countries and regions, with users mainly concentrated in Southeast Asia and Africa

• Official website : https://www.xt.com {:target="_blank" rel="nofollow"}

XT.COM claims to be "the world's first socially driven digital asset trading platform" and is actively expanding its partnerships, but its legal structure and compliance transparency remain questionable.

2. Trading Account and Trading Conditions

⚠️Risk Comment : XT.COM's product line is complex, but OTC transactions and highly leveraged products are extremely risky and can easily lead to user losses.

III. Supervision and Compliance

Conclusion : XT.COM does not hold an authoritative financial regulatory license . It only vaguely mentions "compliance application" in some of its promotional materials, but lacks a verifiable license number.
According to WikiFX and FX110 , XT.COM is labeled as a “high-risk exchange”.

IV. Trading Products and Market Coverage

• Spot trading : BTC/ETH and other mainstream currencies + hundreds of small currencies

• Contract trading : Up to 100x leverage, attracting speculative funds, but with extremely high risks

• ETF leveraged tokens : Often misleading users into believing they are low-risk products, but are actually prone to liquidation.

• Launchpad listings : Some projects plummeted immediately after launch, with users questioning whether they were scams.

⚠️ For example, the price of a certain project plummeted 80% within 24 hours after it was launched on XT.COM, causing heavy losses to users.

5. User Complaints and Withdrawal Barriers

1. Withdrawal delays

• Trustpilot users reported that withdrawals took 3-10 days and funds were not received.

• Some users on Reddit reported that their funds had been frozen for over a month.

2. Account freeze

• Multiple complaint cases mentioned that accounts were "frozen by risk control" with unclear reasons.

3. Customer service shirking responsibility

• Users generally report that customer service is inefficient and often delays services under the pretext of "compliance review."

📌Real Case :

“XT.COM is holding my funds hostage. Withdrawal pending for 7 days. Support keeps saying compliance review.” (Trustpilot, January 2025)

VI. Media and Third-Party Reviews

• FXEye : Risk index is high, marked as “unregulated”.

• FX110 : The number of complaints exceeds 150, focusing on withdrawal obstacles and margin calls.

• Trustpilot : Rated only 2.1/5, with a large number of 1-star reviews.

• Twitter/X : The hashtag #XTScam appears frequently, with users calling for its avoidance.

7. On-chain funds and security risks

• SlowMist : There are abnormal large-scale fund transfers in the XT.COM hot wallet.

• PeckShield : Insufficient transparency in fund reserves and suspected lack of liquidity.

⚠️ Conclusion: If a bank run occurs, XT.COM is very likely to face the risk of a broken capital chain.

8. Comparison with Compliant Exchanges

📌 The comparison shows that XT.COM is far inferior to mainstream compliant exchanges in terms of compliance, fund transparency and user protection.

IX. Lack of investor protection

• No compensation fund

• No third-party escrow

• No independent arbitration mechanism

• The only way to protect rights is through internal customer service, which has low transparency.

10. Risk Warning Conclusion

1. No Regulatory Compliance : XT.COM lacks any authoritative regulatory license.

2. Serious withdrawal obstacles : Complaints show that withdrawals are delayed or frozen.

3. Significant negative reputation : Numerous negative reviews on Trustpilot, FX110, and Reddit.

4. Hidden dangers of on-chain funds : large-scale abnormal transfers and lack of transparency.

5. Difficulty in protecting rights : users have basically no protection channels.

⚠️Final Conclusion : XT.COM is a high-risk exchange . Investors should not deposit large or long-term funds on this platform to avoid serious losses.

📌Investor reminder : Please choose an exchange that is regulated by mainstream financial institutions, has smooth withdrawals, and has a good reputation , such as Coinbase, Kraken, Binance, etc.