![]() FTX Exchange enables you to drag, drop, and rearrange its entire layout to your liking.īesides being incredibly trader-friendly, FTX Exchange also boasts the lowest trading fees of any exchange out there. Customizable UI/UX - For some traders, everything needs to be in the right place for success.While USD is the default, you can rotate into your supported stablecoin of choice. S tablecoin settlements - A pretty nifty feature for traders is settling PnL 1:1 with stablecoins rather than USD.Quick fiat deposits - Deposit USD, EUR, GBP, AUD, & CAD with quick bank transfers, debit cards, and even credit cards.At FTX, you can use a vast array of cryptocurrencies as collateral including ETH, LINK, MKR, YFI, and many others. Crypto collateral - Usually, fiat and stablecoin currencies are the only accepted forms of collateral.Leveraged tokens - Long and short DeFi tokens up to 3x without resorting to margin. ![]() Perpetual futures, fiat-supported spot markets, leveraged tokens, and MOVE contracts for trading price volatility. Crypto & DeFi derivatives - Go long or short using several innovative derivatives products.Traders with maximum conviction in their positions should have no problem reaching for the moon. 101x leverage - FTX offers crazy amounts of leverage up to 101x.So, Bitcoin perpetual derivatives are really just contracts using the spot price of Bitcoin, rather than Bitcoin itself, to wager on price direction. In other words, if you're looking to ape into a degen 10x long, FTX Exchange is the place for you.Ī cryptocurrency derivative is a trading product that derives its value from the asset being speculated on. Margin trading carries risks, but FTX traders should already know that. While Coinbase is used for spot buying and selling cryptocurrency assets, FTX is specifically aimed at crypto derivatives traders. FTX Exchange has the blessing of Crypto Twitter's best traders.Backing from Alameda Research means great marketing exposure + growth for FTX.Uses trading fees & profits to fund FTX Insurance for users.Lowest hourly funding rates (instead of every 8 hours like other exchanges).Lowest trading fees when using FTT token.Super smooth trading experience across a wealth of crypto trading products.Backed by Alameda Research, an in-touch crypto fund managing billions in assets.But, in our humble opinion, FTX tops them all. If you're looking for a crypto derivatives exchange these days, there are plenty of options. What makes FTX better than other crypto derivatives exchanges? Composed of former Google, Silicon Valley, and Wall Street traders and engineers, the FTX team has stellar backing behind its products. The team behind FTX Exchange is what makes the exchange really shine. Like BitMex, FTX is focused squarely on providing a suite of mostly leveraged cryptocurrency derivative trading products using a high capacity secure exchange platform. ![]() FTX Exchange backgroundįounded in 2019 by Sam Bankman-Fried, FTX Exchange has been aimed at both pro and amateur traders since day one. As an exchange built by traders for traders, FTX brings the best leveraged crypto trading products to the market. In 2021, the cryptocurrency bull market mantra is up only, traders yolo longing DeFi tokens are all degens, and FTX Exchange is where all the action is happening.įTX Exchange is a cryptocurrency derivatives exchange built and backed by institutional trader Sam Bankman-Fried and the quantum trading firm Alameda Research. However, unlike Binance, Coinbase, and Gemini, FTX Exchange is aimed at traders, rather than investors, interested in derivatives products for mostly DeFi assets. The answer is FTX Exchange just might be the best cryptocurrency exchange to come around since Binance. ![]() You might even be wondering why everyone is shilling for FTX Exchange. If you've been on Crypto Twitter lately, it's difficult to ignore the constant referral links to FTX Exchange circulated by large accounts. Disclaimer: FTX has stopped operating as a cryptocurrency exchange as of November 2022 following a malicious missuse of customer funds.
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