The right way to Use, Commerce and Signal As much as xCoins Change

xCoins, discovered on-line at, is a bitcoin lending and shopping for platform. Discover out if xCoins is legit at present in our xCoins evaluation and person information to see if it is a protected and efficient strategy to get bitcoin immediately.


  • Borrow bitcoin immediately
  • Lend bitcoin to earn curiosity
  • Working easily since 2016

Deposit Strategies

  • Debit Playing cards
  • Financial institution transfers (ACH)
  • eChecks
  • PayPal Credit score
  • PayPal Stability
  • Credit score Playing cards (Visa and MasterCard)


  • Purchase bitcoin with PayPal balances or PayPal credit
  • Purchase bitcoin utilizing all main bank cards
  • 50% revenue assure for lenders


  • 15% to 20% charges for debtors (consists of rate of interest)
  • Restricted transparency for the corporate
  • Might not all the time have the ability to join with a lender

Introduction, to not be confused with, is a bitcoin lending platform that allows you to borrow or lend bitcoins. The platform makes it straightforward to borrow bitcoins immediately utilizing bank cards and different standard fee strategies.    xcoins-review

As a result of xCoins is a secured lending platform, debtors are required to pledge one thing as collateral for the mortgage. Similar to a mortgage or automobile mortgage, the borrower provides the lender some sort of collateral all through the mortgage. On this case, the borrower provides the lender USD in alternate for BTC.

One of many distinctive issues about xCoins is you can purchase bitcoins with PayPal. Again in 2016, xCoins was one of many few platforms the place you possibly can purchase bitcoin utilizing PayPal. xCoins additionally helps all main bank cards and different handy fee strategies.

Sometimes, shopping for bitcoin with PayPal is difficult as a result of potential of a chargeback. xCoins has discovered a approach round this, nonetheless, as a result of the corporate doesn’t technically promote you bitcoin: it simply lends you bitcoin. You join with a lender, ship cash to that lender’s PayPal, then the lender sends you bitcoin.


The xCoins lending course of is someplace between a sale and a mortgage. To start out, the client will state what number of bitcoins to buy. The client will full the ID verification course of, then deposit the USD equal of the borrowed quantity. The client will even want so as to add a bank card or PayPal processing charges and a set sum of money that acts as curiosity on the mortgage.

Due to this distinctive lending construction, xCoins doesn’t technically cost ongoing curiosity on the mortgage. The curiosity is already built-in as a one-time fee. Nonetheless, the whole charges for buying bitcoin with xCoins have a tendency so as to add as much as greater than 20%, so that you’re actually paying a premium for xCoins regardless.

After taking out a ‘mortgage’ with xCoins, you may repay the mortgage at any time to get again your USD deposit minus the charges. You have to return the USD equal of the bitcoin you borrowed. If you happen to borrowed 1 BTC when BTC was at $10,000, for instance, after which BTC rose to $20,000, then you definitely solely must return 0.5 BTC (the USD quantity is identical).


xCoins additionally enables you to lend bitcoins via the platform. As a lender, you determine how a lot you’re prepared to lend in USD, then deposit that quantity into your xCoins account. xCoins will mechanically pair you with consumers (debtors), and people debtors deposit cash straight into your PayPal account.


xCoins can also be one of many few lending platforms that provide a revenue margin assure. xCoins will assure revenue for lenders. If for any purpose, a lender’s revenue margin falls under 50% on a mortgage, then xCoins will reimburse the lender the distinction to get again to not less than a 50% revenue margin.


xCoins is a privately held firm based on April 1, 2016, in Santa Monica, United States. The corporate has 4 registered staff, led by founder Sergey Nikitin. Except for these primary particulars, we have now restricted details about who’s operating the corporate or how the corporate operates. A handful of sponsored press releases have been printed on-line, however that’s about it. The corporate operates beneath the identify Facet Intl, Inc.

Key Options

Key options of xCoins embody:

Purchase Bitcoin with PayPal: xCoins was one of many first platforms to allow you to securely and simply purchase bitcoin with PayPal. Earlier than xCoins, shopping for bitcoin with PayPal was troublesome due to the potential of a chargeback. You should buy bitcoin via xCoins straight together with your PayPal credit score or PayPal stability.

Purchase Bitcoin with Debit Playing cards and Financial institution Transfers: xCoins helps debit card purchases and financial institution transfers by way of ACH.

Pay with Credit score Playing cards: xCoins accepts bank card funds by way of PayPal.


Easy Payment Construction: Many lending platforms have sophisticated charge constructions or ridiculously high-interest charges. xCoins, in the meantime, has a easy charge construction constructed straight into the mortgage. It’s straightforward to see how a lot you’re paying in your bitcoin bought upfront.

Make Cash out of your Bitcoin: If you wish to generate profits out of your bitcoin, then you may join the platform as a lender. Deposit the quantity you want to lend, then anticipate xCoins to match you with consumers.

Purchase Bitcoin in Minutes: Many exchanges make you wait days to confirm your id and purchase bitcoin for the primary time. xCoins, in the meantime, works in a different way, letting you get your bitcoin inside a couple of minutes.

P2P Market: Just like LocalBitcoins, xCoins enables you to browse a market filled with lenders providing their companies. The lending market is aggressive, though lending charges won’t drop under 15%.

xCoins Pockets: xCoins has a built-in pockets that allows you to rapidly obtain bitcoin, then spend it straight from the pockets.

Controls for Value Fluctuations: What occurs if the value of BTC goes up or down in the course of the mortgage? Loans are all the time denominated in USD. If you happen to borrowed 1 BTC at $10,000, however the value of bitcoin is now $20,000, then you definitely solely must return the equal USD quantity of BTC, which is 0.5 BTC ($10,000).

Automated System: Comparable web sites like LocalBitcoins require consumers and sellers to finish the commerce manually utilizing numerous strategies (set by the client or vendor). With xCoins, this course of is all automated. xCoins tracks person funds and releases bitcoins for the client/borrower.

Lend as Little as $20 of Bitcoin: xCoins enables you to get began with as little as $20. You don’t must deposit a major sum of cash to start out incomes cash in your crypto holdings.

Revenue Margin Assure: xCoins has a revenue margin assure. xCoins claims to be the one funding platform that ensures a revenue. If the revenue margin falls under 50% for lenders, then xCoins will reimburse the distinction to get you again to not less than 50% revenue margins.

Simple Mortgage Compensation: xCoins makes it straightforward to repay the mortgage. Simply contact the lender everytime you’re able to repay the mortgage. Then, switch the quantity of bitcoin again to his or her bitcoin pockets. Then, the lender will make a fee to your PayPal account. The borrower is required to pay all processing charges and financial institution switch charges.

25,000+ Clients: Since being based in 2016, xCoins has served 25,000+ prospects in 40+ nations worldwide.

xCoins Currencies and Pairs

xCoins solely offers with bitcoin (BTC) and the US {Dollars} (USD). There aren’t any different fiat currencies or cryptocurrencies supported on the platform.

xCoins Supported Deposit and Withdrawal Strategies

xCoins helps debit playing cards, bank cards, PayPal, and financial institution transfers (by way of ACH). Most transfers are achieved utilizing PayPal (together with PayPal credit or your PayPal stability). You switch cash on to the lender via these strategies. The lender, in the meantime, deposits BTC into xCoins. xCoins doesn’t maintain USD.

xCoins Registration and Login Course of

xCoins has a simple registration and login course of. Customers should full primary ID verification borrowing or lending cash via the platform, together with importing a photograph of you holding government-issued picture ID and a chunk of paper with at present’s date and ‘XCOINS’ written on it.

xCoins Buying and selling

xCoins is a bitcoin lending platform that connects lenders with debtors. All trades are achieved with BTC and USD.

xCoins Charges

You’ll pay common charges of 15% to 20% to purchase or borrow bitcoin with xCoins.

xCoins prominently advertises its “aggressive charges”, claiming that lenders compete towards each other to theoretically provide the very best rate of interest. In actuality, xCoins doesn’t permit lenders to set the charge under 15%. That’s a better charge than the typical bitcoin alternate.

Remember that xCoins doesn’t cost ongoing curiosity charges, so this 15% to 20% charge is the one charge charged by the platform, whatever the borrowing interval.

xCoins Safety Points and Downtime

xCoins generated controversy just some months after launch. In December 2016, the platform was hacked, and customers misplaced a major quantity of bitcoin from their xCoins wallets. It was by no means revealed whether or not the hack was an inside job or an exterior assault. Nonetheless, xCoins seems to have totally reimbursed all customers from the bitcoin hack.

xCoins Ease of Use

xCoins is simple to make use of. xCoins handles the borrowing course of mechanically, though it’s as much as debtors to contact lenders at any time when they’re able to repay the mortgage.

xCoins Belief and Privateness

xCoins has skilled no main, publicly-disclosed safety breaches or knowledge leaks. The corporate doesn’t disclose a lot details about itself or who’re concerned with the corporate, and there’s restricted transparency about xCoins general.

xCoins Buyer Service

xCoins isn’t overly clear about its firm data. Nonetheless, the corporate does publish a customer support quantity, e-mail deal with, and bodily deal with:

  • Electronic mail: [email protected]
  • Telephone: +3 310-589-4556 or +1 310-589-4556
  • Deal with: 1541 Ocean Ave., Suite 200, Santa Monica, CA 90401

xCoins additionally has a assist desk accessible from eight am to five pm PST Monday via Friday, excluding public holidays. Regardless of the dearth of transparency from the corporate general, the corporate appears to have respectable customer support.

xCoins Person Information: The right way to Setup and Use xCoins

Establishing and utilizing xCoins is just like signing up for any crypto alternate or crypto lending platform. You create your account, confirm your e-mail, then full id verification.

1. Signal Up

Go to, then click on the ‘Signal Up’ button within the top-right nook of the web page.


Enter your first identify, final identify, and e-mail. Your e-mail will likely be your xCoins login.


2. Verification

You’ll obtain an e-mail deal with with a verification code. Copy that code, then paste it into the xCoins window.

At this level, it’s also possible to enter a promotional code or depart it clean.


Then, you’ll be requested to enter a password and choose your nation.

3. Two Issue Authentication

You have to to enter a telephone quantity to confirm your account by way of SMS or voice. Enter your phone quantity, then click on ‘Confirm’. You’ll obtain a name or textual content with the code.


4. ID Verification

xCoins requires customers to confirm their id borrowing or lending bitcoin on the platform. The verification course of is a bit more intense than it’s with a traditional alternate:

Step 1) Nonetheless over your identify within the top-right nook of the display screen, then click on ‘ID Verification’

Step 2) Write the phrase XCOINS and at present’s date on a chunk of paper or word

Step 3) Maintain your ID and the word collectively, then take a selfie utilizing your webcam or smartphone

Step 4) Add the picture file

The identify on the picture ID should match the identify of the particular person making the fee.


Acceptable types of ID embody a federal or state ID card, a driver’s license, a passport, or different government-issued paperwork together with your identify and picture

5. Fee Technique

After verifying your identification, you may deposit cash into your xCoins pockets.


If you happen to plan on lending bitcoin via xCoins, then you may deposit BTC into your xCoins bitcoin pockets. You have to to do that earlier than connecting with a borrower.

If you happen to plan on shopping for/borrowing bitcoin via xCoins, then you may switch USD utilizing PayPal, financial institution switch, bank cards, or debit playing cards. You’ll solely switch cash after matching with a lender.

To handle your holdings at any time, click on ‘My Pockets’ from the highest banner.

6. Borrowing or Lending Bitcoin

As soon as bitcoin has been deposited into your xCoins pockets, you may lend bitcoin to potential debtors. xCoins matches your provide with a borrower in want, then handles the transaction for you. To start the lending course of, simply click on ‘Lend Bitcoin’ from the highest menu.

In case you are borrowing bitcoin, then you may click on ‘Get Bitcoin’ from the highest menu bar to get began. You will notice a listing of accessible bitcoin borrowing gives, together with the whole value you may anticipate to pay for every, in addition to the minimal and most quantity accessible.

7. Withdrawal

To withdraw your bitcoin from xCoins at any time, go to ‘My Pockets’ on the prime, then click on ‘Withdraw Bitcoin’.

Alternatively, you may alternate your bitcoin for one more cryptocurrency by clicking the ‘Commerce Cryptocurrencies’ button. You can be redirected to a third-party alternate referred to as Bitior to finish the transaction.

Ultimate Phrase

xCoins is a bitcoin borrowing and lending platform who appears to be like to rival prime opponents like BlockFi and Nexo. Debtors can purchase bitcoin utilizing distinctive fee choices like PayPal, debit playing cards, bank cards, and financial institution transfers, paying whole charges of 15% to 20% whereas borrowing bitcoin for any size of time.

Lenders, in the meantime, can earn curiosity on their bitcoin holdings. Simply deposit bitcoin into xCoins, then earn curiosity when xCoins matches you with a borrower.

xCoins has been working easily since 2016. The positioning has a singular enterprise mannequin (particularly with its revenue assure for lenders), nevertheless it appears to be a respectable approach for debtors and lenders to work together with each other.

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