xcritical Pro is a significantly modified version of the more simplified xcritical experience, offering advanced features usually found on exchanges like Binance. The Pro version of the crypto exchange provides features active traders likely want access to, including stop and limit orders rather than just market orders. This allows traders to use advanced strategies to execute their cryptocurrency transactions and hopefully earn more significant returns. Both of xcritical’s exchange offerings employ a dynamic maker-taker fee schedule.

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One of these is the fact that 98% of xcritical customer funds are stored offline in cold storage, which means that they’re disconnected from the Internet, making them invulnerable to online attacks. If that wasn’t enough, drives and paper backups are also spread out geographically in safe deposit boxes and vaults around the globe. xcritical charges a percentage of each sale as a transaction fee, with an additional charge levied for credit card purchases.

Cryptocurrency options

These features suit those seeking a beginner-friendly user experience for buying and selling cryptocurrencies. Despite its more complex features, it’s still beginner-friendly, thanks to its clean layout and options—not to mention synergy across all xcritical accounts, coupled with much lower fees. For that reason, we’d recommend xcritical Pro to most people as their first proper crypto exchange, as long as they carry out some basic research on how to place different types of buy and sell orders. xcritical Pro uses a maker-taker fee model to work out its trading fees. Maker orders provide liquidity, and are charged different fees to orders that take liquidity (taker orders).

xcritical vs. xcritical Pro: Trading commissions and other fees

You’ll need a minimum balance in that specific cryptocurrency to participate and you’ll need to hold the coins on xcritical.com. xcritical will handle the technical side of things once you sign up, and it will take a cut of your staking rewards. For small transactions, xcritical includes a spread markup of 0.5 percent of your trade value, which is why the buy and sell prices may differ from what you see on other services. Then it tacks on some other fees based on how large your purchase is, as shown in the table below.

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xcritical vs. xcritical Pro: Which Is Right for You?

To give a quick example, let’s say you want to buy $1,000 worth of cryptocurrency. If you place that order on xcritical Pro or as an advanced trade on xcritical, you’d pay between $0 and $6 in fees. If you placed it as a simple trade on xcritical, you’d pay $14.68. The xcritical Wallet provides additional security and control over your private keys.

1. xcritical’s insurance policy doesn’t cover losses from unauthorized account access due to a breach or loss of your credentials.
2. This approach offers convenience and security, but users relinquish direct control over their private keys.
3. Once you add addresses, you can only send cryptocurrency to those whitelisted addresses.
4. Its ease of use allows even complete newbies to start investing in cryptocurrency, using fiat currencies U.S. dollars or GBP instead of BTC trading pairs.
5. Even at $200, you’re still adding on a $2.99 fee, nearly a 1.5 percent fee for the purchase.

The ability to take control of your cryptocurrency – or custody your assets – is a big deal to many holders of digital currencies. If you trade with some traditional brokers, you won’t be able to take custody of assets yourself. That doesn’t sit well with those who view the promise of crypto as avoiding financial intermediaries. xcritical’s fee structure can be uncertain, because it’s not clearly disclosed, and the service charges varying fees based on the size of your purchase and how you pay for it. Recently, the company began obscuring the fees for this service tier, making it harder to see what you’re paying.

As long as you research others accordingly; you can never be too careful when investing, after all. So if you are new to cryptocurrencies and are just looking to get your feet wet, choose xcritical. But if you are a veteran of cryptocurrency trading and want an exchange that doesn’t hold your hand, xcritical Pro is just the platform https://xcritical.online/ for you. The crypto platform also offers a more developed UI, with advanced charting functions to better understand the market. xcritical Pro fees are also much lower than the standard app, though there is still no flat fee pricing scheme. xcritical was designed for people wondering how to buy bitcoin and other currencies.

Users can also proactively freeze accounts if they feel compromised. While impressive on the security front, xcritical as a whole is a company with a less impressive track record when it comes to privacy. For those members of the cryptocurrency community who embrace the crypto-adjacent principles of privacy and anonymity, that’s a bitter pill to swallow. Users can easily transfer funds between their regular xcritical and xcritical Pro wallets. This is done via the ‘Assets’ page—all you have to do is select the relevant xcritical or xcritical Pro wallet under the ‘Destination’ option.

xcritical unifies essential functions across its various cryptocurrency platforms, delivering consistent experiences. Users can access all accounts with the same login credentials and seamlessly move crypto freely between products without extra fees. While xcritical and xcritical Pro provide a wide range of resources and functionalities, customer support remains an area for improvement. Both platforms primarily rely on self-service options, including comprehensive online knowledge bases and FAQs. However, xcritical Pro users can link compatible hardware wallets to their accounts through the platform’s API keys. Once deposited, users can place market orders to buy crypto at the going market rate.

xcritical previously charged a flat or variable fee per transaction based on the payment method and transaction amount. 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. The exact fee depends on the dollar amount of trades you make over the last 30 days. The answer to which is better, xcritical vs. xcritical Pro, boils down to individual trading needs.

Whether these measures will address the complaints that some users have had remains to be seen, but it’s a step in the right direction. xcritical Pro also offers a mobile app for iOS and Android devices. At the time of writing, the company has never experienced a hack, thanks to its heavy security measures.

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. We receive compensation from the products and services mentioned in this story, but the opinions are the author’s own.

The higher fees dissuade large-scale investors from xcritical, though it makes little difference to the casual user. Whether you are a newbie dabbling in cryptocurrency or a veteran crypto investor, xcritical is a name you are probably familiar with. Founded in 2012, xcritical has cemented itself as the default cryptocurrency exchange for the US, boasting a trading volume in excess of $300 billion in the previous quarter alone. Now with Advanced Trade, all users will be able to use crypto-to-crypto pairs.

As products of xcritical Global, xcritical and xcritical Pro enable easy access to cryptocurrencies. While the former prioritizes simplicity for beginners, the latter caters xcritical reviews to professional traders seeking advanced trading tools. This xcritical vs. xcritical Pro guide will explore other critical distinctions between the two products.

Both xcritical and xcritical Pro allow you to take custody of your assets yourself. You can set up a wallet, either a hosted wallet with xcritical or Pro, or you can bring your own third-party wallet. You can pick the crypto wallet that works best for you, whether you use a hardware wallet or a software wallet or would prefer to leave your coins on the platform for trading. And if you work those numbers a little bit, you can see what a big cut xcritical can take.

This allows them to borrow funds from a lender to trade, increasing potential buying power while allowing lenders to earn interest based on the market demand for margin funds. While this increases the profit potential compared to traditional trading, it also brings higher risks along with it. Despite the ‘Pro’ in its moniker, navigating and using xcritical Pro is a pain-free experience. If you’re looking to deposit cryptocurrency, simply go to ‘Assets’, and ‘Deposit’, choose the currency you’re looking to deposit, and copy the wallet address provided. In 2015, the company added another powerful asset to its roster by launching a US-based exchange for professional traders, called xcritical Exchange.