Looking at Xfutures Exchange, it is a derivatives online marketplace as well as a leveraged exchange market, allowing users to trade cryptocurrency with attractive leverage rates. It was created in 2019 as a centralized exchange that proposes to integrate an order book with the OKEx exchange, implying that the exchange receives liquidity via the OKEx Cloud. This exchange offers a 0.05 percent fee for takers and a 0.02 percent cost for manufacturers.
Regrettably, the exchange declared its closure on its Support forum on Telegram without providing any tangible explanation. Many members were dissatisfied, but at least they were notified.