- Get Bitcoin Instantly
- Profit Margin Guarantee
- 100% Automated
- Buy Bitcoin with Credit Card/PayPal
- Easy to Sign up
- 24/7 Customer Support
- Hacked January 2017
- High Fees
- Demo Account NA
- Minimum Deposit NA
- Max Leverage NA
- Spreads from NA
- Type of Broker NA
- Tradable Assets NA
- Deposit Options Credit card, PayPal
- Established 2016
- Regulated by NA
- Telephone +1-310-589-4556
- Customer Support Helpdesk, FAQ section
xCoins is a digital wallet that allows you to purchase Bitcoin quickly with credit cards. Sergey Nikitin founded xCoins, and it has been in operation since August 2016. They are located in Menlo Park, CA.
xCoins is an exchange that focuses on connecting lenders with buyers. It’s a digital wallet in which you can lend out Bitcoins to buyers and to purchase bitcoin for yourself. Lenders can compete with each other to offer the lowest interest rates to you. xCoins process takes just a few minutes.
How xCoins Works
xCoins’ secured lending platform is just like an exchange. The process to receive bitcoin is the same as at an exchange. First, you give the money to the lender. Then, the lender gives you the Bitcoin. If you decide that you don’t need the Bitcoin anymore, or if you have found a better exchange rate, you can return the Bitcoin to the lender, and you can get back the amount you deposited.
Security at xCoins
When it comes to security, the exchange offers a 2-factor authentication model. You will need to provide both an email address and mobile number, and well as entering several codes before your account can be activated.
Exchange Rate & Fees
The fees that you pay at the exchange are for the transactions that you would be conducting. The interest fee for a loan can be paid together with a loan security deposit. This means that the lenders can also decide on their own interest rates.
Lenders do not need to worry about the fees, just the transaction fees that they need to pay to their credit card or PayPal when transferring funds.
- Remarkable ease-of-use
- Get Bitcoin instantly and use it anywhere
- Quick signup process
- Fees vary by transactions
- Quick turnaround time
Ease of Use
xCoins’ ease of use is one of its main features. With this feature, users can get Bitcoin instantly, and they can use it anywhere. The process flow is simple, and the signup process takes quick. Users can purchase Bitcoin through one of the multiple payment options.
At xCoins, you can buy Bitcoin with PayPal or credit card. The process of buying Bitcoin takes just a few minutes. All the transactions are based on the trade of using USD for buying or selling Bitcoins in exchange for USD.
xCoins has a website that is straightforward, and it is easy to navigate. It offers Bitcoin on its unique peer-to-peer lending model which connects borrowers and lenders through a series of “secure loans”. The turnaround time is quick, and the verification process is easy. Users receive their Bitcoin instantly when they pay the lender.
To see how xCoins ranks against other industry-leading crypto exchanges and cryptocurrency trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.
Risk Warning: Users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading CFDs. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: TopBrokers.Trade is an independent professional comparison site funded by referral fees. The compensation TopBrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.