Review on xFutures by Thalhat Tee
No longer an existing exchange
Xfutures Exchange is a derivatives trading platform as well aa a leveraged trading platform that allows users to trade their cryptocurrencies with nice leverage rates. It was launched in 2019 as a centralized exchange which claims to share order book with OKEx exchange which means that the exchange was taking its liquidity from OKEx Cloud. This exchange charges a 0.05% and 0.02% fee for takers and makers respectively.
Unfortunately, the exchange announced its closure on its Telegram group, though not stating any solid reason. Alot of the members weren't happy bit at least they were informed. The webpage is still accessible, I would advise you not to trade their in order to avoid permanent loss of funds. It's sad to see a promising exchange like this just end its services.
ο»Ώ
Pros
- It was a partner of OKEx Exchange
- It allowed for multiple cryptocurrencies to be traded
- The fees were very low
- The user interface and the web design is impressive
Cons
- The exchange has been closed
