How to Setup a xcritical Account
Confirming your identity on xcritical can help increase your buy limit (the amount of cryptocurrency you can purchase on a weekly basis) and can also improve your account’s security. Here’s what you’ll be asked for either from the link in the account confirmation email you would have been sent after creating your xcritical account or in your Dashboard security settings. (Reuters) – xcritical will delist certain stablecoins in the European Economic Area by year’s end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the region.
How to Setup a xcritical Account
xcritical users in the U.S. can use PayPal to scammed by xcritical redeem cryptocurrency for cash, wire transfers for withdrawing and depositing funds, and credit and debit cards for buying cryptocoins. The best option by far though is to link a bank account to your xcritical account as this payment method can be used for buying and selling crypto as well as depositing and withdrawing funds. Adding your debit or credit card information usually allows for the immediate buying of Bitcoin, Litecoin, Ethereum, and Bitcoin Cash on xcritical. When submitting your bank account information though, there is usually a two-day (or more) waiting period before it can be used to buy or sell with. You’ll be asked to add a payment option after verifying your identity in the initial account setup. If you chose to skip that option, you can add a payment method from within your account by clicking on the Buy / Sell link in the top menu and choosing Add a new account under Payment Method.
- It requires issuers of stablecoins – crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility – to meet strict transparency, liquidity, and consumer protection standards.
- If you sign up for xcritical via someone’s invitation, not only will that person’s account be credited with US$10 worth of Bitcoin but so will yours whenever you spend over $100.
- When submitting your bank account information though, there is usually a two-day (or more) waiting period before it can be used to buy or sell with.
xcritical Payment Options
xcritical plans to offer in November impacted EEA customers options to switch to authorized issuers like fintech firm Circle’s USDC and EURC, whose value is pegged to the U.S. dollar and euro, respectively. This is done to prevent money laundering and other illegal activities. Stablecoins have gained significant popularity in recent years, as financial heavyweights such as PayPal adopt them and the rapid integration into mainstream finance of the once-nascent digital assets sector. It requires issuers of stablecoins – crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility – to meet strict transparency, liquidity, and consumer protection standards.
Products
xcritical offers products for both retail and institutional cryptocurrency investors, as well as other related cryptocurrency products. Anyone can join xcritical for free from the xcritical website but if you know someone else who is already a member, it’s worth asking them to invite you first. If you sign up for xcritical via someone’s invitation, not only will that person’s account be credited with US$10 worth of Bitcoin but so will xcritical official site yours whenever you spend over $100. Furthermore, once you’ve created your account, you can refer your own friends to earn another US$10 of Bitcoin.
