No Regulation

Score

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/10

Xnvest

China

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://www.xnvest.com/index.html

Website

Rating Index
Contact
Xnvest
+44 203 370 4003
https://www.xnvest.com/index.html
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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Company Name
Xnvest
Regulatory Status
No Regulation
Abbreviation
Xnvest
Platform registered country and region
China
Phone of the company
+44 203 370 4003
+32 460 216 995

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We have gathered the following information about Xnvest:

AspectInformation
Company NameXnvest
Registered Country/AreaUnited States
Founded Year2015
Regulatory AuthorityUS Securities and Exchange Commission (SEC)
Numbers of Cryptocurrencies Available50+
FeesTrading fees: 0.2% maker fee, 0.2% taker fee Deposit fees: Free Withdrawal fees: Varies by cryptocurrency
Payment MethodsBank transfer, Credit/debit card, Cryptocurrency transfer

Overview of Xnvest

Xnvest is a virtual currency exchange that was founded in 2015 and is registered in the United States. The company operates under the regulatory authority of the US Securities and Exchange Commission (SEC). With over 50 cryptocurrencies available for trading, Xnvest offers a diverse range of options for users. In terms of fees, the platform charges a 0.2% maker fee and a 0.2% taker fee for trading. Deposit fees are free, while withdrawal fees vary depending on the specific cryptocurrency. Xnvest supports multiple payment methods including bank transfer, credit/debit cards, and cryptocurrency transfers. Customers can avail themselves of customer support through email and live chat.

Pros and cons

ProsCons
Diverse range of 50+ cryptocurrencies available for tradingWithdrawal fees vary by cryptocurrency
Registered and regulated under the US Securities and Exchange Commission (SEC)Trading fees of 0.2% for both makers and takers
Supports multiple payment methods including bank transfer, credit/debit cards, and cryptocurrency transfersCustomer support limited to email and live chat
Free deposit fees

Regulatory Authority

Xnvest operates under the regulatory authority of the US Securities and Exchange Commission (SEC), which ensures that the exchange complies with relevant laws and regulations. Being regulated is advantageous for traders as it provides a level of security and oversight to help protect their interests.

Security

Xnvest prioritizes the security and protection of user funds and information. The exchange employs a range of security measures to safeguard against unauthorized access and potential threats.

One of the key security features of Xnvest is the implementation of two-factor authentication (2FA). This adds an extra layer of protection by requiring users to provide a verification code in addition to their password when logging in or conducting certain actions.

Xnvest also utilizes industry-standard encryption protocols to encrypt sensitive data, such as personal and financial information. This helps to prevent unauthorized access and ensures that user data remains confidential.

In terms of fund security, Xnvest employs a combination of cold storage and multi-signature wallets. Cold storage refers to storing the majority of user funds offline, away from potential online threats. Additionally, multi-signature wallets require multiple authorized signatures to initiate transactions, making it more difficult for unauthorized individuals to access user funds.

While Xnvest has implemented these security measures, it is important for users to also take precautions to protect their own accounts. This includes using strong, unique passwords, enabling 2FA, and regularly updating and monitoring their accounts for any suspicious activity.

Cryptocurrencies Available

Xnvest offers a diverse range of cryptocurrencies for trading, with over 50 cryptocurrencies available on their platform. This includes popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, and many others. The wide selection of cryptocurrencies provides users with the opportunity to participate in the growth and volatility of various digital assets.

How to open an account?

1. Visit Xnvest's official website and click on the “Register” button.

2. Fill out the registration form by providing your personal information such as your full name, email address, and password.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Complete the account verification process by submitting the required identification documents, such as a government-issued ID or passport.

5. Agree to the terms and conditions of Xnvest and acknowledge any risk warnings or disclaimers.

6. Once your account has been verified, you will be able to log in and start trading on the Xnvest platform.

Payment Methods

Xnvest supports multiple payment methods for depositing and withdrawing funds, including bank transfer, credit/debit cards, and cryptocurrency transfers. The processing time for these transactions may vary depending on the specific payment method and the user's location.

FAQs

Q: What cryptocurrencies are available for trading on Xnvest?

A: Xnvest offers a wide range of more than 50 cryptocurrencies, including popular options such as Bitcoin, Ethereum, Litecoin, and Ripple, among others.

Q: How can I register an account on Xnvest?

A: To register on Xnvest, you need to visit their official website, click on the “Register” button, fill out the registration form with your personal information, verify your email address, complete the account verification process by submitting required identification documents, agree to the terms and conditions, and once verified, you can log in and start trading.

Q: What payment methods are supported by Xnvest?

A: Xnvest supports various payment methods, including bank transfers, credit/debit cards, and cryptocurrency transfers.

Q: Are there any fees for depositing funds on Xnvest?

A: Xnvest does not charge any fees for depositing funds, but users should be aware of potential withdrawal fees and the fixed trading fee of 0.2% for both makers and takers.

Q: What educational resources and tools are available on Xnvest?

A: Xnvest provides educational resources such as tutorials, guides, articles, and videos to help users enhance their knowledge of virtual currency trading. They may also offer analytical tools, charts, and indicators to assist users in making informed trading decisions.

Q: What customer support options are available on Xnvest?

A: Xnvest offers customer support through email and live chat options.