When looking for potential cryptocurrencies, you benefit from being one of the first to acquire possible tokens. XCOINPRO is one of those exchanges that issue tokens before they go to major exchanges with a wide selection of tokens. But is xcoinpro.com a reliable exchange? In this blog, we analyze the XCOINPRO.COM exchange.
What is xcoinpro.com?
XCOINPRO has experienced several bull and bear markets, focusing on the latest trends in cryptography. The platform is not only focused on the American market, but also aims to become a gateway for cryptocurrency trading throughout the European market.
XCOINPRO, with a daily volume of about $ 2 billion, ranks 8th among all exchanges in terms of volume.
On xcoinpro, you can trade all major cryptocurrency pairs as they are; Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Tether (USDT).
How reliable is xcoinpro.com?
Probably the most important question! Can I keep my cryptocurrency safe in xcoinpro? Well, a company called CoinPRO LLC, which owns the xcoinpro platform, is based in the United States. Despite strict US cryptocurrency regulations, the platform is freely available to the American public outside of certain states. But the platform is known not only in America. It is also used in over 120 countries and has multiple support services.
xcoinpro is licensed by the American regulator FinCEN (bureau of the U.S. Department of the Treasury)
MSB Registration Number: 31000184035739
Registration Type: Renewal
Legal Name: CoinPRO LLC
The platform currently uses both hot and cold wallets. This ensures that she can safely store her reserves.
The security of the XCOINPRO system is high, according to the measurements of the cybersecurity platform, the platform is in the fifth place among the most secure crypto exchanges.
On the platform, you will be able to protect your account with double authentication such as 2FA or email. Whenever you want to log in or withdraw your cryptocurrency, they will ask for your codes. When you enable these security mechanisms, it will be much more difficult for hackers to compromise your account. Meanwhile, two-factor authentication is standard on every reputable exchange.
Before you can start trading, you need to verify your identity. This is necessary because xcoinpro must comply with Know Your Customer (KYC) laws. Also, to withdraw funds, you need to confirm your crypto address through a deposit, for additional security of your funds.
The exchange does not accept any other deposit methods other than cryptocurrencies. So beginners will have to find a way to transfer cryptocurrency to xcoinpro.com.
Cryptocurrencies can be bought through another exchange, after which you can send them to your XCOINPRO wallet. This can be done, for example, on Binance or CoinHako. With these methods, you can easily switch from fiat currency to cryptocurrency.
To make a deposit, go to your account and click on the blue “DEPOSIT” button. After that, enter the amount and select the cryptocurrency, confirm the terms and conditions, click “Show adddress”.
The fact that XCOINPRO has been around since 2015 obviously says something. Over the years, the crypto exchange has managed to stay competitive with the largest platforms. It does this with its innovative products that enable the trading of cryptocurrencies.
The platform has set itself the goal of offering a diverse number of cryptocurrencies that can be traded reliably and securely. Something that works well enough for as long as it exists on the platform.