Will FTX be New Binance in Next Bull Run of 2025?

[noormcs5]

After seeing this thread -> Withdraw and stop using Binance

I'm thinking about slowly transitioning to FTX. Currently, while browsing the Exchanges subforum, I've come across a number of threads that discuss some of Binance's government issues, which resulted in the shutdown of some of their services^[1], as well as the implementation of a sudden requirement for KYC verification^[2].

And I feel that would be enough reason to make use of better alternative.
[1] https://bitcointalk.org/index.php?topic=5361180.0
[2] https://bitcointalk.org/index.php?topic=5351432.0

If binance does not solve its issue sooner, i think FTX will take major portion of its users and trading volume. FTX is quickly emerging as a good exchange and people have already started migrated on it.

[rhomelmabini]

Or are they gonna make their own chain too? I wouldn't doubt the possibility since they are huge in the first place and they rock that regulation part. It's just a matter of time but I say FTX will be at top 20 or even top 10 in the market cap, just my wildest guess.

[airdata]

It is very likely that it will be the next Binance. I think the momentum of FTX is getting stronger and stronger. There are more and more people using FTX around me.

How you sure that FTX exchange will next Binance exchange, and also i can't understand that what is the means of Next Binance. Now Binance exchange Rank is Number One and FTX rank is number Four, then next Binance means it will Number Two rank exchange?             

[Ararbermas]

As we all know that Binance is the biggest exchange of 2021. It is one of the best exchange right now. It has all features that other exchanges lack. I also made good money in crypto because of Binance.
But in my opinion Bug whales also made it big by just promotion. But when BTC touched 64000 Dollars mark, suddenly all countries are taking action against Binance. And that is very sad. Binance is facing some regulatory issues.
But Now people are talking about ftx exchange. They are saying that now it will be the time for ftx exchange casue it is only biggest perpetual exchange. And it could be the next Binance in next bull run where BTC might Cross 100,000 dollars for the first time. So what are your suggestions guys about ftx?

when there's a new exchange it's normal there are some people talking about it and making comparison, but asking if it will be the next big thing in the future even though we have no enough proof and information how its possible to happen at this point, seems unnecessary in my opinion.  Wherein why not waiting for the right time to give comments if it can really compete between those trusted and high rating exchanges? Because it is to hard to tell to be honest.

[ethereumhunter]

If FTX can grow and many traders move to their exchange, it could become a new Binance in the next years. FTX as a new exchange, it is a surprise they can be at number 5, which means they are really serious with their business. But they need to beat Huobi, Coinbase, Crypto.com before they can rise to be number 2 and there is a lot of things that they need to do. We will see how high FTX can be and if they can give more than Binance, they will slowly increase their position.

[Taskford]

As we all know that Binance is the biggest exchange of 2021. It is one of the best exchange right now. It has all features that other exchanges lack. I also made good money in crypto because of Binance.
But in my opinion Bug whales also made it big by just promotion. But when BTC touched 64000 Dollars mark, suddenly all countries are taking action against Binance. And that is very sad. Binance is facing some regulatory issues.
But Now people are talking about ftx exchange. They are saying that now it will be the time for ftx exchange casue it is only biggest perpetual exchange. And it could be the next Binance in next bull run where BTC might Cross 100,000 dollars for the first time. So what are your suggestions guys about ftx?

when there's a new exchange it's normal there are some people talking about it and making comparison, but asking if it will be the next big thing in the future even though we have no enough proof and information how its possible to happen at this point, seems unnecessary in my opinion.  Wherein why not waiting for the right time to give comments if it can really compete between those trusted and high rating exchanges? Because it is to hard to tell to be honest.

Its because both of them are been used by many people that's why many think to compare on the service they provide to its users, but actually anything is possible and binance is not immune to anything destructive attempts which can be made by legal authorities and also anyone could compete and beat them, but its just this is a long road to take before we can see FTX overcomes binance and they really need to do a massive marketing campaigns and promotions before we can see that to happen.

[imstillthebest]

so the next bull run will be on the year 2025 ? wew thats too long to wait for four years and its also the time when btc hit 100k ?  but you said the problems arises when btc hit 64k ? wont that happen again when btc reached the same amount or higher than that let say 70k or 80k .
ftx can be better now but it can also be like binance , only good at the start and problems will occur when it becomes bigger .

[Renampun]

I'm not betting on it, but if there was an exchange to dethrone Binance, it'd be FTX. They just need to seriously fix the kinda-clunky UI. It just looks so out of date. But besides the UI? The exchange is GREAT. Not to mention the free withdrawals outside of BTC/ETH/ERC20s.

I honestly didn't think that FTX could charge all its users that low cost until now...

besides that the growth of FTX in the last 2 years has been extraordinary, I even predict that in 2025 FTX will be 3x to 5x more in demand than now and may well become the best exchange in the world.

[semobo]

As we all know that Binance is the biggest exchange of 2021. It is one of the best exchange right now. It has all features that other exchanges lack. I also made good money in crypto because of Binance.
But in my opinion Bug whales also made it big by just promotion. But when BTC touched 64000 Dollars mark, suddenly all countries are taking action against Binance. And that is very sad. Binance is facing some regulatory issues.
But Now people are talking about ftx exchange. They are saying that now it will be the time for ftx exchange casue it is only biggest perpetual exchange. And it could be the next Binance in next bull run where BTC might Cross 100,000 dollars for the first time. So what are your suggestions guys about ftx?

FTX is turning out to be a good exchange but still its not a good alternative to Binance when it comes to trading volume but still there are chances when more countries starts to restrict Binance from operation in their region. By the way no matter which exchanges is going to be the bigger we are not going to get any benefits from it unless their tokens kick on.

[CryptopreneurBrainboss]

But Now people are talking about ftx exchange. They are saying that now it will be the time for ftx exchange casue it is only biggest perpetual exchange.

Not quite yet. I don't think there's any exchange CEO that's has the zeal and determination that CZ has. Binance is just 4years old and it has achieve all it currently has under such short timeframe, you think they'll be giving that all up just because of some regulation. Binance is more than an exchange, Binance is an ecosystem. The services they offer alone, if put together all other global exchange, couldn't still match theirs.

Binance will always be in the picture when best exchange are discussed because they're adaptive, the exchange isn't stagnant which was what killed most exchange before Binance came into the picture.  Binance ecosystem is ever improving, accommodating news trends even before they become a heat.

The likes of farming, staking, and now NFT marketplace had been implemented ever before other exchange could think of it. Binance seizes every opportunities they get to retain their customers and attract new customers and so far, their strategy has been the reason behind their success and that isn't stopping anytime soon.