FTX

FTX

FTX is a popular cryptocurrency exchange founded in 2019 that offers spot, margin, and derivatives trading for over 100 cryptocurrencies. It has low fees, a clean user interface, institutional-grade offerings, and advanced trading features that appeal to both retail and professio
crypto exchange trading derivatives margin spot

FTX: Cryptocurrency Exchange with Low Fees

FTX is a popular cryptocurrency exchange founded in 2019 that offers spot, margin, and derivatives trading for over 100 cryptocurrencies. It has low fees, a clean user interface, institutional-grade offerings, and advanced trading features that appeal to both retail and professional traders.

What is FTX?

FTX is a cryptocurrency exchange platform founded in 2019 that has quickly risen to become one of the largest and most widely-used exchanges globally. FTX offers a comprehensive set of trading products including spot trading, margin trading, derivatives such as futures and perpetual swaps, volatile tokens, leveraged tokens, an OTC trading portal, indexes, and more.

Some key features and advantages of the FTX platform include:

  • Clean, easy-to-use interface making it suitable for beginners while also packing advanced features for professionals
  • Extremely wide selection of cryptocurrencies as well as innovative trading products
  • Very low trading fees that also discount fees for FTX token holders
  • Regulatory compliance including with KYC/AML laws
  • Robust security assurances with 98% of funds stored offline
  • Institutional-grade offerings like OTC trading, low-latency performance, APIs, etc.
  • Options for earning interest on crypto as well as derivatives for speculating and hedging

FTX was founded by Sam Bankman-Fried who was an alum of both MIT and Jane Street Capital, a major quant trading firm. With its competitive features and strong backing, FTX has become a top choice for cryptocurrency trading across both retail and institutional traders since its founding.

FTX Features

Features

  1. Spot trading for over 100 cryptocurrencies
  2. Margin trading with up to 101x leverage
  3. Derivatives trading including futures, options and leveraged tokens
  4. Over 10 stablecoins with fiat onramps
  5. Staking services
  6. Institutional-grade offerings like OTC trading
  7. Mobile and desktop apps

Pricing

  • Free
  • Transaction fees for trades

Pros

Low trading fees

User-friendly interface

High liquidity

Advanced trading features

Regulated and insured

Fast transaction speeds

Cons

Only available in selected countries

Less coins than some competitors

No debit/credit card deposits

New company with limited operating history

Official Links


The Best FTX Alternatives

Top Bitcoin & Cryptocurrency and Cryptocurrency Exchange and other similar apps like FTX

No alternatives found for FTX. Why not suggest an alternative?