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Topic: FTX Review: The Best New Crypto Derivatives Platform - page 2. (Read 1258 times)

legendary
Activity: 2618
Merit: 1504
More and more professional teams are becoming partners of various projects from the crypto space, that's why FTX.us informs that she has agreed with the NBA Golden State Warriors club to release the NFT collection next year on her site.
https://www.nba.com/warriors/warriors-ftx-partnership-20211214
legendary
Activity: 2618
Merit: 1504
After the addition of Solana NFT marketplace in October, FTX NFTs adds support for Ethereum NFT exchange allows users to buy NFT in US dollars using credit cards or funds via ACH or bank transfer.
https://ftx.us/nfts


legendary
Activity: 2618
Merit: 1504
According to the report for Q3 2021, US FTX trading volumes increased by 512%. The daily trading figure at the same time reached $807 million at the peak, averaged $360 million. FTX share.US on the US spot cryptocurrency market increased from 2% to 4.5%. The customer base has increased by 52%.
https://www.prnewswire.com/news-releases/ftx-us-reports-third-quarter-2021-trading-results-and-provides-operational-update-301422005.html

hero member
Activity: 1722
Merit: 801
True that. There was a time I abandoned binance futures for FTX futures mainly because their platform was less buggy compared to Binance especially in times where Binance uptime takes a dive. For instance, in high volatility periods and Binance goes down at such critical time. It's always disappointing to not be able to manage trades (close/open).
FTX used to receive investment budget from Binance but after the exchange grew and became bigger. Sam SBF decided to do buy back for FTX as their strategy to get rid of impact from Binance which is one of competitors of FTX.

This approach means Sam SBF and FTX really consider Binance as a competitor and they want to fight with Binance in the future. They choose Solana network because Sam saw that Solana has its good potential to surpass Ethereum and Binance network in scale capacity and solve the expensive transaction fee for people.

It won't be easy to surpass two big networks but the Solana ecosystem is growing fast enough.

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Anyway, FTX has been doing well so far with partnerships, listing and some sponsorships. I'd like to see where they'd be positioned in the coming years.
They do good partnership and expands to other nations with FTX branch companies. Initially in new nations they expand to, they obey law regulations and implement KYC at beginning.

FTX is good with withdrawal fee than some exchanges. Deposit and Withdrawal fee
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There are no fees on deposits and withdrawals, except for ETH, ERC-20 tokens, or small BTC withdrawals.  FTX users will pay the blockchain fees for all ETH, ERC20 tokens unless they have FTT staked.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
FTX The exchange is a popular exchange, one of the top class exchanges in terms of trading volume. It is very important that the authorities of the exchange have taken some groundbreaking steps lately. I regularly trade on the exchange.

True that. There was a time I abandoned binance futures for FTX futures mainly because their platform was less buggy compared to Binance especially in times where Binance uptime takes a dive. For instance, in high volatility periods and Binance goes down at such critical time. It's always disappointing to not be able to manage trades (close/open). Anyway, FTX has been doing well so far with partnerships, listing and some sponsorships. I'd like to see where they'd be positioned in the coming years.
legendary
Activity: 2618
Merit: 1105
FTX is a great exchange imho as it gives me the freedom to trade on any markets including futures, predictions, options, volatility, etc. even without the need to move my funds from main account to margin account, futures account, etc. because everything is inbuilt and robust and unlike other exchanges where I need to move them from here to there (many different types for different purposes) to trade them on a unique market. It quickly converts my money to any currency for least fees in the wallet area only, no need to go to the trading area for that.
full member
Activity: 1302
Merit: 100
FTX The exchange is a popular exchange, one of the top class exchanges in terms of trading volume. It is very important that the authorities of the exchange have taken some groundbreaking steps lately. I regularly trade on the exchange.
I agree with you because among the many centralized exchanges I have seen, the popularity of this exchange is increasing a lot. After the binary exchange, I gave much importance to this exchange. I like the leverage system in this exchange very much.
sr. member
Activity: 993
Merit: 250
Moonbet.io
FTX The exchange is a popular exchange, one of the top class exchanges in terms of trading volume. It is very important that the authorities of the exchange have taken some groundbreaking steps lately. I regularly trade on the exchange.
full member
Activity: 868
Merit: 106
I've been curious about their leveraged BULL/BEAR tokens, which are similar to 3x ProShares UltraPro ETFs you find for commodities and stock indices. https://bitcointalksearch.org/topic/m.53847830

Any idea about VPN policy? They don't allow US customers but Tier 1 verification (email/name/country) allows $2000 per day in withdrawals. That's good enough for me if I can squeak by behind a VPN.

In this case the biggest problem on Binance Exchange is the limited number of transactions that can be made each day and that is what some traders from other countries also complain about. it's just that if you want to keep using a VPN in every transaction, it's also not a problem.
if in terms of what FTX offers, of course it can make it easier for you to transact up to large withdrawal transactions.
good luck
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Lately I've been trading more and more on FTX.com, mainly due to all the issues that Binance has been having. The options and types of contracts available on FTX are unique and can't be found anywhere else and it now ranks as the 5th highest volume exchange.
1. What are the issues of binance you are referring to?
2, Where I could verify about the volume of exchanges so that I myself conclude about the 5th highest volume.

I have not clicked the link you have provided still I believe it would be better practice if you include reference links for all the things you have mentioned. Otherwise like most people here, I am enforced to mark you as a paid shill as these days are most services are proactively trying to promote their services in more organic way. But, anything without proper references unfortunately will fall under paid shilling category.
member
Activity: 812
Merit: 53
FTX exchange is a good exchange for crypto currency trading. I am using this exchange from a long time. And I did not see any bug in this exchange. Their trading volume is also very good. FTX withdrawal fee is very low as we compare it with other crypto exchanges. So, I recomend everyone to must use this exchange for trading
legendary
Activity: 2618
Merit: 1504
FTX On October 27, the exchange announced a collaboration with MLB legend David Ortiz. As part of the agreement, he will also release several NFT collections.


full member
Activity: 1750
Merit: 186
Can NY users use FTX?
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
I had the same experience, I mean I quit Binance because I got the ban because they banned my country, I decided to look for another exchange and I tried FTX it was really great all I want is there, lots of options and coins Pairs not found on many exchanges plus trading volume It's great, low fees and many other features that I liked, but unfortunately a short time ago they restricted access to my account and asked me to complete KYC so that I could continue working so I left it too.
legendary
Activity: 2618
Merit: 1504
FTX will launch the game "NFT Lotería" on Solana to fund a program to help educational organizations. FTX and crypto-gaming firm Animoca Brands have announced plans to create an NFT-oriented version of the game, which will be launched on the Solana blockchain.

The project, dubbed NFT Lotería, will turn a bingo-like game into an NFT-based experience. Snickerdoodle, a blockchain technology Firm, will Develop NFT Collectibles.  https://decrypt.co/83481/ftx-nft-loteria-solana-fund-hispanic-engineers
legendary
Activity: 2618
Merit: 1504
FTX will not place NFTs on its marketplace that provide for the payment of rewards among their holders. https://help.ftx.us/hc/en-us/articles/4410399400215-Solana-NFT-FAQ
The platform took this step because of concerns that such NFTs could be classified as securities in the United States.
full member
Activity: 1750
Merit: 186
Can you use it as a US citizen?  What about if you are abroad almost all year? 



hero member
Activity: 2366
Merit: 838
I use FTX not as trading coin but only to withdraw and convert eth there because have lower fees transaction, when you make transaction there like withdraw coin not have to pay fees and most best exchange right now support to covert usdt to eth without pay fees. I like this exchange market and hope could exist for long time.
FTX waive fee for customers. Blockchain deposits and withdrawals

Months ago, when transaction fee on ETH network is very high, FTX waived the fee

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Fees

There are no fees on deposits and withdrawals, except for ETH, ERC-20 tokens, or small BTC withdrawals.  FTX users will pay the blockchain fees for all ETH, ERC20 tokens unless they have FTT staked.

Note: For free withdrawals, however, in the case of a user whose fiat/stablecoin deposit/withdrawal volume exceeds their trading volume, we reserve the right to charge a withdrawal fee of up to 0.10%.  We will reach out to any users affected before applying this.  

Small BTC withdrawal fees: BTC withdrawals > 0.01 BTC are free. BTC withdrawals < 0.01 BTC are charged withdrawal fees after your first free one per day.
legendary
Activity: 1414
Merit: 1002
= jasad =
I use FTX not as trading coin but only to withdraw and convert eth there because have lower fees transaction, when you make transaction there like withdraw coin not have to pay fees and most best exchange right now support to covert usdt to eth without pay fees. I like this exchange market and hope could exist for long time.
legendary
Activity: 2618
Merit: 1504
More FTX and the Bahamas news, bloomberg reports that the exchange has moved its headquarters from Hong Kong to the Bahamas due to the favorable position of regulatory authorities.
https://www.bloomberg.com/news/articles/2021-09-24/bankman-fried-s-crypto-exchange-ftx-leaves-hong-kong-for-bahamas?sref=AACmJ2tc


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