Behind Tether (USDT), Circle’s USDC is one of the most used and most reputable stablecoins we have right now, with it having a really strong and consistent peg to the dollar.
Do FTX Support USDC deposits?
While FTX doesn’t specifically have USDC trading pairs, you can deposit USDC on FTX’s platform.
Once you deposit the USDC, the USDC then just gets converted to ‘real’ USD on FTX’s platform. Then you can trade trading pairs like BTC-USD and ETH-USD.
The only difference between FTX and other exchanges is that FTX clumps up all the USD stablecoins (besides USDT) like USDC, BUSD, HUSD, TUSD, and USDP into USD.
Does FTX Support USDC Withdrawals?
Yes, FTX users are allowed to withdraw their favorite stablecoin of choice.
Why use FTX? 📈
Besides FTX being one of the most reputable exchanges we have today — compared to other top exchanges, FTX has one of the lowest trading and withdrawal fees. You basically always get the most for your money when buying and selling crypto!
is FTX safe and secure? 🔒🤔
The FTX team seems to be doing a pretty good job in keeping the platform secure. But regardless, while FTX is a great platform to trade, we always recommend using a hardware wallet for holding coins and tokens for the long term.
