XT.com exchange and their P2P

[Chibit01]

Anybody here they use XT exchange the exchange way they among the few centralized exchanges way still they accept Monero deposit and trading.

Eh get one feature way the P2P get way I see am like watin go really reduce the way scammers they operated for Bybit at least for now, when you place order for the P2P dem go first go through watin dem say nah review to access the buy risk and other things before dem approve the trade to go on, and if dem see anything risky dem no go allow the trade to go on, watin dem they check I no know but since I don they use am I see am like watin make sense pass as this scammers they operate for Bybit and bitget at least this people bring out their time to access, maybe cuz dem still they fine more users.

[Hyphen(-)]

I don’t know for now maybe they have updated their service, when I used XT exchange, their services are very slow, if you make deposit, it will take time to confirm; I tried it when one trader gave me an offer to sign up then for one trading competition like that; I end up leaving the exchange due to how slow their services were then, but I am updating the exchange now to test and give it a try again.

On the spect of p2p, several exchanges do have good ways to encourage more customers by doing the something you said as review; but how reliable are they? No one wants to lose money, that’s why we always want to go with something we know and we are used to.

I think there are several exchanges that offer p2p services, but in this forum I think Bybit and Bitgate have more customers here because of their reputation; but trying others isn’t bad just that you will need to be very cautious.

[Tungbulu]

I dey use the exchange but I never actually use their P2P before because I never link my phone number to the account. But if na wetin them dey do there, then e really make sense, I fit just decide to switch enter there leave Bybit cos those people dey gimme headache and serious one. Can you imagine say Bybit merchants now go tell you say make them deduct money from your money when you wan sell, and if you no gree, them don cancel trade, no be joke oo, like the thing just dey too annoying.

I believe wetin the XT p2p team dey check nah the reviews wey the merchants get, e go help them to decide whether the merchant dey safe to trade with or not, unlike the Bybit them wey no dey use their review them dey do anything.

[Bright0515]

Anybody here they use XT exchange the exchange way they among the few centralized exchanges way still they accept Monero deposit and trading.

Eh get one feature way the P2P get way I see am like watin go really reduce the way scammers they operated for Bybit at least for now, when you place order for the P2P dem go first go through watin dem say nah review to access the buy risk and other things before dem approve the trade to go on, and if dem see anything risky dem no go allow the trade to go on, watin dem they check I no know but since I don they use am I see am like watin make sense pass as this scammers they operate for Bybit and bitget at least this people bring out their time to access, maybe cuz dem still they fine more users.

This can be a good thing but for a truth I don't understand what the exchange are checking. Although say I never use this exchange before but I think them for make am clear to the users so that they go dey sure for watin them dey check before them proceed the trade. Them go say them dey make sure say the both parties dey safe but e no also bad to share details to the traders.

I believe wetin the XT p2p team dey check nah the reviews wey the merchants get, e go help them to decide whether the merchant dey safe to trade with or not, unlike the Bybit them wey no dey use their review them dey do anything.

Probably but if really nah watin the exchange them dey check nai he say e dey good. Many p2p vendors get good reviews but still them dey try scam any body way go loseguard.
E dey good sef say everybody give review to the p2p vendor after trade, anyhow you observe the trade, you just drop your own review. Like that scam go reduce small.

[justinlamode]

I been no know say this people dey do p2p for NGN, e come be like all them exchanges wan allow p2p for our people as e be say the market for that business done big for Naija. Well, any exchange wey wan start this business and wey wan collect better customers go try solve the scammer issue wey many got Bybit and Bitget wey be the biggest exchanges for Naija wey dey do p2p. If you go fit tackle that issue, then people go many wey go avoid those big exchanges wey scammers don take over.

[FirmWars]

E go good if they fit get that kind better feature way go reduce the rate at which traders can be scammed like the other exchange bybit which many traders there are scamming some victims, and the bybit customers support doesn't take the report of customers very seriously, if they do take reports of customers very serious, then the nonsense that is going on on the p2p section would have reduced but them no they even look people report to take good action. Can you imagine say p2p agent way done get up to 100 negative ratings is still allowed to trade, meanwhile those negative ratings also came with reports from customers but the bybit ignored, that's why I don't like them.

[Mia Chloe]

~snip

First time I'm actually coming across this particular exchange. It is a centralized exchange and of course they will require a decent level of KYC. Personally I'll be very skeptical with sharing my KYC data and I'll say there's even way more risk with way smaller exchanges and newer ones.

Well I'm not saying they are a scam or similar all I'm saying is for those that rush to do KYC verifications you may wanna think twice and do some investigations if you so choose to use them.

[Chibit01]

~snip

First time I'm actually coming across this particular exchange. It is a centralized exchange and of course they will require a decent level of KYC. Personally I'll be very skeptical with sharing my KYC data and I'll say there's even way more risk with way smaller exchanges and newer ones.

Well I'm not saying they are a scam or similar all I'm saying is for those that rush to do KYC verifications you may wanna think twice and do some investigations if you so choose to use them.

XT is an old exchange if I’m not mistaken it should have been out their since 2018 or 2019 but was not as popular as it is today now, it’s already ranked 20 on coin market cap listed exchanges by volume, what even lead me to the exchange the first time was they are among the few which accept XMR deposit and back then their KYC was not mandatory, I only have to passed it since I was looking for alternative option for P2P since Bybit is turning into a scammers zone.

[igebotz]

Anybody here they use XT exchange the exchange way they among the few centralized exchanges way still they accept Monero deposit and trading.

Eh get one feature way the P2P get way I see am like watin go really reduce the way scammers they operated for Bybit at least for now, when you place order for the P2P dem go first go through watin dem say nah review to access the buy risk and other things before dem approve the trade to go on, and if dem see anything risky dem no go allow the trade to go on, watin dem they check I no know but since I don they use am I see am like watin make sense pass as this scammers they operate for Bybit and bitget at least this people bring out their time to access, maybe cuz dem still they fine more users. N

I haven't heard of any XT P2p exchange anywhere - why does this look like a PR for a dubious website ?

Please someone should check out the website reputation and give us some findings on this thread. I'll be appreciate it greatly.

[Nwada001]

I haven't heard of any XT P2p exchange anywhere - why does this look like a PR for a dubious website ?

Please someone should check out the website reputation and give us some findings on this thread. I'll be appreciate it greatly.

XT is just another centralized exchange out there that I have made use of earlier before now, and I have not faced any problem with them. I don't know why the exchange is not popular in this forum; they have a large volume, and it's among the top 20 according to CoinMarketCap and CoinGecko, and for their P2P, I think they are getting their liquidity from the Gate.io exchange. I don't know how they are doing that because last week when I used them to conduct a P2P trading, the call I received was from a dude who claimed to be from gate.io, and the amount in question was the same as what I sold on XT. Those are my personal experiences with them.

[Crakryptvest]

How long does it take them to do the review? If it takes long, then that's not a good user experience.

P2P trading is supposed to be fast, swift, and secure. Well, I wont blame them if, due to the high rate of scam attempts in regular P2P exchanges, they prefer a slow trading experience but ensuring security rather than a fast trading but with high risk of trading with a scammer. 

[Doan9269]

If truly they are running a check in other to prevent scam or other risk factors that may put trading with them risky, then they should do as well to maintain that as others exchanges will so join them in using same or similar features, may be such that reject making trades with those that have bad reviews in the past or any similar cases, we can't afford to continue with the way scammers are using the exchanges to trade and causes us to lose interest on using p2p trade on Bybit specifically.