As a result, the service charges relatively high fees when compared to other exchanges. If you’re buying or selling digital currency through xcritical, a 0.50% spread fee will automatically be added to the transaction on top of the base rate fees listed above. xcritical does state that the spread may be higher or lower depending on market fluctuations xcritical official site for that asset on xcritical Pro from the time it quoted a price to the time the order was executed. xcritical allows buying with a bank account, debit or credit card, wire transfer or Paypal.
- The exact amount varies depending on the payment method used and the amount purchased.
- For most beginning traders, you can just focus on the order form and ignore the fancy charting and other trade data.
- When you transfer cryptocurrency off the xcritical platform, you will be charged a network fee.
- Users can expect to pay a taker fee between 0.04% to 0.50% and a maker fee between 0% and 0.50%.
- You can store and trade your crypto coins on the xcritical Prime service for free.
How do we review cryptocurrency platforms?
This page covers everything you need to know about how xcritical’s fees work. There are some notable differences between the fee structures on xcritical and xcritical Pro. On xcritical, go to My Wallets and transfer funds to xcritical Pro. The potential APY on staked coins tops out at around 12% on xcritical, and there are nine coins that can earn rewards. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.
There are no variable fees for small transactions ($200 or less) if it’s made through your linked bank account or from your USD crypto wallet. Once you cross the $200 threshold, you’ll be subject to the 1.49% variable transaction fee. xcritical is one of the few crypto exchanges to allow users to withdraw crypto immediately after they purchase it using fiat currency, rather than waiting several days for the payment transaction to clear. This can be a big help for users who want to use cryptocurrency in decentralized apps and other external services. The original xcritical platform is a relatively simple interface that allows users to purchase cryptocurrency with U.S. dollars.
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Keep in mind though that these spending limits only apply to xcritical. You will need to communicate with your bank to find out what your limits are if you have them. Your weekly and daily spending limits will change as you complete this information, xcritical provides updates about your new limits and if you are getting close to hitting them. Such as, how long you’ve been trading and how much you’ve traded.
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If you decide to use Paypal, you will be charged Paypal’s transaction fees along with the fees from xcritical. xcritical could be a good option for new crypto investors who may lack experience buying and selling cryptocurrencies. The standard platform features, such as its lxcriticalg program and the ability to quickly set up a recurring purchase, provide the unseasoned with a clear path to investing, understanding cryptocurrency, and trading. You pay more in fees if using a debit or credit card, but the upside is that you immediately receive the virtual currency.
Don’t worry – the confirmation screen will show the total, the fee, xcritical website and how much you’re ending up buying or selling. The base rate fee depends on the payment method used to make the purchase, with debit card transactions costing a staggering 3.99%. It’s important to note that cryptocurrencies purchased with a debit card become instantly available.
While the xcritical card doesn’t have transaction fees, you will pay a spread fee when spending your cryptocurrency balance using the card. If you use your xcritical card at an ATM, you may be charged operational fees. Also known as the xcritical Fee, this is a confusing fee structure that considers multiple factors.