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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.

Decided to do a full write up of the exchange and my trading experience there: https://www.cryptoadvocate.net/post/ftx-review

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://bitcointalk.org/index.php?topic=5226148.msg53847830#msg53847830

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.

Dont see why it wouldn't work but obviously do so at your own risk

We have some coverage on how to use and trade FTX (https://www.coingecko.com/buzz/coingecko-beginners-guide-to-ftx-part-one-introduction) on our educational content section. Might be useful for traders exploring FTX

FTX released a beta version of the new application with a number of improved features, it can already be checked on your phone

https://help.ftx.com/hc/en-us/articles/360034800011-How-To-Download-the-FTX-App

I tried their leverage bull and bear token on bitmarx I was using binance before it was removed. The truth is that it makes you choose easily between bull and bear market but the drawback is also there.

For Options, I use Sparrow Exchange. Its a lot simpler to trade there with their UI. I do have have accounts on Deribit as well as FTX. Its nice to have competition in the derivatives market. You can get some good value trades out of it, juggling through the platforms.

The FTX Derivative Exchange has partnered with custodian Coinbase Custody International. The latter will store the native ERC-20 FTT token

FTX released 4 video podcasts, he will tell and share his experience with the encoder Mike Van Rossum https://www.youtube.com/watch?v=dxPgXlydcys

The 9th video podcast from FTX was released, featuring the co-founder of Dex.Blue and one person an expert in the field of DeFI of decentralized finance - Angelo Min https://www.youtube.com/watch?v=HyyaRi-UvYw&feature=youtu.be

The new ftx pro app is definitely amongst the best exchange apps. Check it out.

Caution with FTX:

- FTX BLL / BEAR tokens fraud at Binance (https://scambinance.com/fraud-with-bull-bear-tokens-on-binance/)
- Fraud with the signed NDA Agreement (https://scambinance.com/fraudulentndas/)
- Binance and FTX - serving U.S. citizens publicly using Barry Silbert as an example (https://scambinance.com/investigations/130-binance-and-ftx-serving-us-citizens-publicly-using-barry-silbert-as-an-example.html)

FTX is good , second best after binance based on my own experience. its better than binance for me in some aspect like the futures trading, it has more listed project than binance and also low withdrawal fees. this is basically enough for me to stick with them.

It is better than Binance as there are 0 withdrawal fees on bitcoin transactions and some waived off transactions too on ERC20 network for FTT holders. I am a fan of their portal and trade there only as they are providing what Binance is giving at their exchange, but Binance lags sometimes and FTX is easy going.

agree with you FTX is the best exchange besides Binance...

I bought Bitcoin and ethereum several times from FTX and only charge a very cheap fee when doing WD to my personal wallet. and what I like is that we can buy Tesla or Google stocks easily in the FTX Pro application.

I am also a user of FTX there, I get a low fee experience for transactions compared to other exchanges. so I think FTX is still feasible to be used as a transaction connection medium, especially cheaper ETH sending transactions for new users

No one here mentioned the generosity of FTX to waive the withdrawal fee for users. The more FTT staked you have, the more number of free withdrawal per day.
Blockchain Deposits and Withdrawals (https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals)

On FTX, you can deposit your BTC on OMNI layer or ERC20, TRC20 or SPL. The OMNI layer will be deprecated. FTX requires only 2 confirmations for your BTC deposits that help you to have shorter waiting time for account balance credit. Other exchanges can require 3 confirmations.

It seems most of the FTX Exchange users are came from Binance, included me.
You will really realize how FTX Exchange is the best compare to Binance if you start using FTX Exchange and you also tried to use Binance.
Very fast to use and downtimes in FTX are really different with Binance, really far, FTX got a huge advantage.

And if you don't know, Binance and FTX are strategic partners: Strategic Partnership with Binance (https://help.ftx.com/hc/en-us/articles/360038115631-Strategic-Partnership-with-Binance#:~:text=Today%20we%20are%20excited%20to,significant%20partnership%20between%20both%20teams.)

FTX is tradeable while Binance is stucked with market crashes.

More people like FTX not only because their more generous policy with withdrawal fees and chances to join IDOs.

The drama of $SUSHI was resolved with the serious involvement from FTX's CEO while Binance and Changpeng Zao reacted with bad with that drama. CZ deleted that tweet after the community reacted very bad with it.

This partnership is making it appear that Sam Bankman-Fried will not be the Binance killer, however, I speculate Sam will make the moves to take Binance’s market share in America first and then globally. CZ might become the next Arthur Hayes hehehehe.

FTX is also rivaling against Binance with their own blockchain called Solana which might also become the Binance smartchain killer. I predict SOL and FTT to be top 10 in coinmarketcap.com by 2025.

Not really on the topic of the exchange itself, just about the new FTX partnership: The FTX exchange has signed a five year contract with Major League Baseball USA (MLB).
Logo FTX.US will appear on the MLB referees ' uniforms starting with the All Star Game on July 13, 2021. The trading platform also received the rights to promote on social networks and other channels of Major League Baseball.  https://www.prnewswire.com/news-releases/mlb-ftx-form-first-ever-global-sports-league-cryptocurrency-exchange-partnership-301318029.html

It is another achievement to bring cryptocurrency to mainstream. Many things will be changed and I believe it would be positive things, big achievements in the next 5 years.

I don't know but I remember FTX is the first exchange that advertise in sports. Previously, Sportsbet.io partnered with Wolverhampton, Southampton, Flamengo and bring the Bitcoin, sports.bet to kits of these clubs.

FTX decide to do a smart movement that will help their name become more popular and their exchange will attract more users.

this is an exchange that i like the most, although it has not integrated many of the latest chains now, it is a very easy to use exchange and especially the withdrawal fee there is almost zero or very cheap , this makes me like it ::) ::) ::)

At a time when the commissions on the Ethereum network were hundreds of dollars, I regularly used the opportunity to withdraw ERC20 coins from the exchange without a commission. This privilege was granted to everyone who held at least 25 FTX Token (FTT) coins on their account.

FTX Digital Markets, a subsidiary of the FTX cryptocurrency exchange, was the first in the jurisdiction of the Bahamas to receive a license in accordance with the Registered Digital Asset Exchanges Act (DARE Act).

FTX has announced a partnership and a sponsorship agreement with the Mercedes-AMG Petronas F1 Team stable, the agreement comes into force on September 26. The following aspects are provided for
- Branding on cars and drivers of teams.
- Future strategic initiatives in the field of NFT's and FTX Pay.
- CSR initiatives and charity.

FTX exchange is growing too fast and they are keen on to obey law regulations in countries they have subsidiaries.

They take a lead of the second tier exchanges, after Binance, to back Solana blockchain. Other exchanges try to learn from Binance and Binance Smart Chain to develop their exchange's own built chains.

FTX are smart because they saw the potential from Solana and decided to back it months ago.

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

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 (https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals)

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

Can you use it as a US citizen?  What about if you are abroad almost all year? 

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.

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

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.

Can NY users use FTX?

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.

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

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.

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

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.

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.

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.

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.

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 (https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals)

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

https://i.ibb.co/bKmSzvD/2021-11-12-115244.jpg (https://www.prnewswire.com/news-releases/ftx-us-reports-third-quarter-2021-trading-results-and-provides-operational-update-301422005.html)

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

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

I mostly use FTX exchange . theirs withdraw fee is very low. They have mich advertise their projects. Liquidity is also good and almost all big coins available for trade.
First Etherium withdraw was totally free. Now they charge some fee but low than other exchange like Binance ,Kucoin. Their Card system is also very good.

I bought some "3x short Bitcoin tokens" 7/25/2021 on FTX when the Bitcoin rate was BTC1/$34175 for 329USDT. 1 btc have been around $40000 for a long time now, and currently it's even down to ≈1BTC/22000 but my 3x short Bitcoin position is still currently only worth around 111USDT. I understand it's about time and value of an underlying asset. I also learned about "volatility decay" then there is a fee on this leverage. Furthermore, I don't think btc will fall much under $20000. But how long will it take for my short position to recover in this bear market, will it ever?

FTX exchange growth is very significant. We know that this is right now on the top 2 on spot exchange and top 7 on derivatives.
As I know, this exchange also offers lower fees and transactions or withdrawals. Commonly it is also used at least when we are going to send only a few coins amount as gas fees.
However, this has been in the top two so the reputation really grows very well and increasing.
But for the derivative, I still never used it yet.

The income of the FTX exchange for 2021 will grow more than tenfold to $1 billion (in 2020 it amounted to $90 million), CNBC reports (https://www.cnbc.com/2022/08/20/ftx-grew-revenue-1000percent-during-the-crypto-craze-leaked-financials.html), due to the beginning of blocking users whose accounts the exchange begins to block due to exchange froze the user's account due to the use of zkmoney (https://twitter.com/WuBlockchain/status/1560417501053616131), it seems that the profit will grow even more. :)

FTX is a rising exchange and their founder has conflict with Changpeng Zao, the founder of Binance. Two exchanges are competing very seriously against each other.

I don't like the interface of FTX but maybe I don't use it too often and are not familiar with its interface. About front-run issue, it happens on many exchanges especially small or medium exchanges. On smaller and medium exchanges, you will see front run issues very clearly. I am not sure about that on FTX but it is a very serious fud attack on FTX.

They are a known and successful exchange but this will continue to improve now that their names are being talked about these days. I remember they have done a partnership with fifa, they help users of mt. gox and others which I forget for now. The word conflict is different with competing but ftx and binance are on the same line so it's normal to see a competition between them.

If it's true that ftx do have a conflict with binance, what could that be? Do you want us to make our own research? Ok fine. Ftx may have other disadvantages but for sure they have an advantage which you can not possibly find in binance and on other crypto exchanges.

FTX is The best exchange? yes FTX is the best, but there is something even better, namely Binance,
but don't worry FTX is Tier 1 , so you can say FTX is the same as Binance,
only they have to put more effort in order to reach the top 1 best exchange in their eyes crypto money,
if you want to invest in their token FTT of course it's very good for the long term

FTX is actively exploring the crypto space, so it is reported that FTX won the auction for the sale of the bankrupt lender Voyager Digital, offering about $1.4billion for the deal.

Source: https://www.coindesk.com/business/2022/09/27/ftx-wins-bid-to-buy-voyager-digitals-assets

Sam SBF and FTX have different approach than CZ and Binance in this bear market.

CZ and Binance would like to let bad projects to die because they consider it as a way to clean the market.

Sam SBF and FTX would like to rescue those projects by some methods and they consider it as chances for them to build up reputation and expand the ecosystem of FTX. If they do it in bull market, they must spend more capital but with this bear market and lot of collapsed projects, they can achieve same result but at with lower cost.

But I could not use FTX properly. When I use ftx it works very slow, which annoys me a lot. One day I went to trade on ftx but there I could not trade as fast as Binance. I haven't used ftx since then.
Is this just my problem? Or have any of you had this problem?

CEO Samuel Banckman-Fried announced an update to the FTX platform, which will take place on November 21 when the exchange switches to v2.0. A new order matching mechanism will be introduced, which should ensure an increase in the speed of their execution, which will reduce delays. The upcoming update is also aimed at improving the API and other functions.

https://twitter.com/SBF_FTX/status/1579383260089823233

Binance still refuses to take over FTX, and according to the company's statement, it can be concluded that Binance came to this decision due to the impossibility of solving the problems that arose with the FTX platform, also emphasizing that the company used customer funds carelessly and at its discretion.

Source: https://twitter.com/binance/status/1590449161069268992

https://i.imgur.com/NgW9lTQ.jpg

Obviously, there are other companies besides Binance that wish to purchase the FTX exchange at a reduced price. Sam Bankman-Fried reports about this on his Twitter page https://twitter.com/SBF_FTX/status/1590709182684360705 - "There are a number of players who we are in talks with, LOIs, term sheets, etc." So we need to stock up on popcorn and wait for this mess to end.

"Obviously, there are other companies besides Binance that wish to purchase"

Obviously, trusting any word the clown makes public on twitter is a big dare.    :)
   "Funds are safu"  - deleted posts .

The initial reports of FTX hacking, which were reported by the administrator of the FTX telegram channel, have been refuted. Now, the chief legal adviser of FTX in the USA, Ryan Miller, explained that both FTX and FTX.US has transferred all remaining customer funds to cold storage.
https://twitter.com/_Ryne_Miller/status/1591326796305530880
https://www.theblock.co/post/186289/ftx-claims-it-has-been-hacked-of-all-of-its-funds-website-and-mobile-app-compromised?utm_source=twitter&utm_medium=social&t=gaPmYtIxFSf4Qd5kz1fAsg&s=09

Some chaotic and uncoordinated actions occur at a time when it is simply necessary to calm down users, they warm up even more.

  - With what is happening now with the FTX issue, I think it will take a long time before FTX recovers from the market. It has only been happening for a few days since its value fell on all the exchanges where FTT is listed.

Now, when it comes to the pending withdrawal issues of their users in the FTX exchange, they are still waiting for the latest updates made by the management team of FTX despite the resignation of their CEO that I read on the Twitter platform.

There are many contradictory messages excluding each other, so according to Reuters, it turns out that SBF secretly transferred $10 billion of client funds from FTX to the trading company Bankman-Fried Alameda Research, but SBF denies this.
https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/

Yes, they are very safe for you if you want to get hammered by them. This post should be locked by now before any careless citizen tries to use FTX again. After Mr.Gox this is the most significant scandal the crypto space has. This will drive away many potential companies and individuals from bitcoin. Though this incident has nothing to do with bitcoin many people still call it a crypto scam now.

Ups and downs are normal here in crypto but with the issue FTX are facing lately, I don't think they can be able to go up anymore and they are likely going to be the next luna as what others are saying but as usual, there will be greedy people who will love to take a risk and insist to invest. For those who have FTT, it would be better if they can sell it now, now that it still has a value and it is still listed on some exchanges. Don't wait till it drop more and will be delisted. You have been warned!

There are still other coins out there who are owned by a crypto exchanger. Bnb for example. We can switch on them if we prefer those type of coins for investment or for trading purposes.

However, according to Arkham's investigation, not long before its bankruptcy filing, Alameda Research withdrew more than $200 million worth of crypto assets from the FTX US exchange, while most of them, namely 69.8%, were sent to wallets associated with FTX International, affiliated with Sam Bankman-Freed.

https://twitter.com/ArkhamIntel/status/1596196768797974528