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FTX is a centralized exchange founded in 2018 by Alameda Research and launched on May 8, 2019. The platform is growing rapidly and is currently positioned as one of the leaders in crypto trading. They acquired Blockfolio in August 2020 and have their own token, the FTT (FTX Token).

The interface is very well designed, and the information is easy to find. Obviously, they put a lot of efforts into this, to attract novices and professionals.
Many services are offered, including all the must-haves. You will also find a small NFT marketplace and an OTC portal.
There are more than 200 cryptocurrencies available on FTX, which is significant.
Outstanding security on the FTX side, no hacks have been detected since launch. 2FA is required for all users.
The exchange has a lot of liquidity with well-filled order books, allowing it to withstand volatility spikes and heavy traffic.
The fees depend on the volume traded in the last 30 days. Overall they are quite low. In addition, there are discounts for FTT holders.
Last Update

October 18, 2021

Founder(s)

Sam Bankman-Fried

FTX Creation Date

2018

Headquarters Address

The Bahamas

Rating:

Ergonomics and ease of use

5/5

Choice and quality of available services

5/5

Number of relevant crypto projects listed

4/5

Security mechanisms and past vulnerabilities

5/5

Availability of the platform and its services

5/5

Cost of various fees (the higher the score is, the lower the fees are)

4/5

Services:

0
Service Tags
Buy & Sell Crypto with FIAT
Staking
Lending
Borrowing
Mobile App
NFT
Leveraged Tokens
Spot Trading
Futures Trading
Crypto Index
ETFs
Stock Token
Precious Metals
Airdrop
Governance
Documentation
API

Payment Methods:

Bank Transfer
Credit Card
Peer to Peer (P2P)

Utility Token:

Benefits:
Reduced Fees

Fee rebates for FTT holders (ex: 3% discount for 100$ FTT).

Free NFTs

FTT stakers have a chance to win free NFTs.

Governance

Stakers get bonus votes in pools.

IEO Tickets

Stakers get tickets for IEOs hosted in FTX.

Airdrops

Users who hold 500 FTT or more unlocked on FTX will be eligible to participate in Serum (SRM) airdrops.

Community rating:

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