XT.com has operated since 2018 and publishes Proof of Reserves confirming a 1:1 backing of all customer assets. Security measures include cold storage for the majority of funds, two-factor authentication (2FA), passkey login, anti-phishing codes, withdrawal whitelisting, an insurance fund, and regular penetration testing with a bug bounty program. The platform is Seychelles-registered and currently operates without major regulatory licenses (no FCA, SEC, or equivalent). Independent reviewers rate XT.com's security as moderate — appropriate for active trading, but users should avoid long-term storage of large holdings on any exchange. CoinGecko rates XT.com 8/10 for trust score.