Sihab76
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October 28, 2021, 10:41:12 PM |
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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.
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2double0
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October 28, 2021, 10:47:43 PM |
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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.
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nelson4lov
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October 28, 2021, 10:54:51 PM |
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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.
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OcTradism
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October 28, 2021, 11:53:33 PM |
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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. 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 feeThere 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.
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Daltonik
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December 02, 2021, 07:16:18 AM |
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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
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Daltonik
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December 15, 2021, 05:15:37 PM |
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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
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checkmatesir
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$CYBERCASH METAVERSE
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December 15, 2021, 05:50:19 PM |
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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.
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Dyneema
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June 16, 2022, 02:05:34 PM Last edit: June 16, 2022, 02:24:32 PM by Dyneema |
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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?
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nurilham
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June 16, 2022, 11:59:15 PM |
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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.
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Daltonik
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August 21, 2022, 05:03:39 PM |
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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, 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, it seems that the profit will grow even more. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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tbct_mt2
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August 23, 2022, 02:02:59 PM |
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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.
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fullhdpixel
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August 27, 2022, 01:48:20 PM |
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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.
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Smitty Werben Man Jensen
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COMBONetwork
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August 28, 2022, 04:27:01 PM |
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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
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tbct_mt2
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September 28, 2022, 04:12:09 AM |
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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.
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.
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xzy887
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September 28, 2022, 05:11:26 AM |
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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?
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Daltonik
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October 11, 2022, 11:11:38 AM |
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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
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Daltonik
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November 10, 2022, 09:31:14 AM |
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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://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FNgW9lTQ.jpg&t=665&c=Gya9mKkjfgBJQg)
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tvplus006
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Exchange 250+ Coins With 0% Fees
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November 10, 2022, 05:12:26 PM |
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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.
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.
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