What is FTX? 🧐
FTX is the exchange founded by Sam Bankman-Fried or famously known as “SBF”. SBF is famous for being a very early investor and proponent of the famous Solana Network; investing not only in Solana itself but in the entire Solana ecosystem.
FTX is known to be the best platform for daytraders, due to its very low trading fees and very low withdrawal fees. Also, FTX is also known for collaborating and partnering with teams such as the eSports team TSM, Major League Baseball(MLB), and the Miami Heat Arena (now known as the FTX Arena).
Which Blockchain Networks Does FTX Support? ✨
FTX supports deposits and withdrawals through various blockchain networks. Namely:
- Ethereum ERC-20
- Solana SPL
- BNB Chain (previously known as Binance Smart Chain or BSC) BEP-20
- Tron TRC-20
- Avalanche ARC-20
- Polygon / Matic
If you don’t have an FTX account yet, you can create an account using our link here and gain a 5% discount on fees!
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.
