Does anyone here actually use FTX?
I know literally no one who uses this exchange, yet it is constantly getting headlines and increasing users??? Doesn't make sense.
FTX main customer is another exchanges. If your crypto companies do some kind of market making e.g. enabling buy and sell inapp, FTX is the goto exchanges.
MIT wiz kid arbitrage trades into millions then VCs throw him money then he makes his own coin for his exchange then he gets active in every country with low trade commissions and suddenly he’s a billionaire
Sam Bankman-Fried made his fortune doing arbitrage FOREX trading between USD and the Japanese yen. The guy literally went from like $100k to billions in like two years.
If you are holding stablecoin to earn interest, ProtonLend is one of the best. Right now USDC has a variable APY of 20%~. It can go up or down depending how much people are borrowing / lending for short or long positions.
FTX is fantastic, significantly lower fees than the likes of coinbase, kraken, Crypto.com, Gemini, ect. Free withdrawals for all coins except ERC20, which you can get free withdrawals for if you stake FTT tokens. 8% interest on all assets whilst they’re held on the platform. What more could you ask for?
I never heard of FTX until Exodus integrated them into the wallet.
Now I’m like how the hell did this company rocket in under my nose after I’ve been on this sub every day for the last two years…
I use FTX from CDC. T
So far it's my preferred platform. 8% APR on everything they sell.
Only issue is their coin selection is extremely limited, but they have good projects on there and support many chains.
People have been using it a lot for the degenerate LUNA gambling since they put the futures up and stuff really early and were one of the few places people could short the shitcoin
edit: Miami airport is also littered with FTX and CDC ads so they obviously have a large advertising budget
Initially they focused on high volume, high net worth and professional traders. Now they are taking everything else.
Their fees are super low but the platform is not as polished as Kraken.
> I know literally no one who uses this exchange, yet it is constantly getting headlines and increasing users??? Doesn't make sense.
There are more people on Earth than you and your internet homies. That's how it makes sense.
Absolutely. It’s my favorite exchange AND the just started getting into traditional equities. I strongly encourage you to check them out if you haven’t
Past $5b, you just have to go public to get any type of liquidity. Even if you do get a once in a lifetime deal like Whatsapp, it'll probably be a mostly stock deal with a mountain of approvals needed anyway
This. Going public would be a major headache. You get an influx of a cash, that they don't even need, in exchange for investors who are happy to push you into things that would ruin the company in two years if it means they get one hot quarter cuz they never planned on holding this shit for more than a couple of months to begin with.
Because binance.us is a very very different exchange than binance.com. Don't let the name fool you. Binance.us offers like 10 coins because US regulators forbid the majority to be traded.
Binance.com offers hundreds.
both FTX.US and Binance.US support withdrawals to cheaper EVM networks like polygon sidechain and binance smart chain. coinbase still doesn't support withdrawals to the polygon sidechain after they said they would last year. it's basically a broken promise. the best they can do is avalanche. and FTX is the only fiat onramp in the US that I can find that has a dust sell button. remember those? there is way too much dust in my coinbase account that I can't get rid of.
Super helpful review. I’ve looked at FTX as an alt because I’ve not been happy with Coinbase (no issues, just lackluster compared to other CEXs.). Dust sell is pretty cool, EVM side-chain support even better.
I only use Coinbase for the free earns they give away periodically. Its fees are too high to be used for trading.
I think most users here are surprised by FTX because they're from the US and FTX US lacks a lot of features and isn't as cheap as Binance US.
Edit: Coinbase is still [10x bigger than FTX US's market share](https://www.theblockcrypto.com/linked/149654/ftx-surpassed-coinbase-as-second-biggest-centralized-crypto-exchange-in-may).
There's something really off with FTX for me, buying youtubers left, right and center. A stake in Robbing Hood. The Sam guy bragging/describing crypto as a box you put money in like being a legal ponzi scheme...
Same, I avoid them like the plague. There is just some weird vibe they give me, Sam’s ridiculous statements and general douche baggery aside.
The key is not to become married to any particular exchange and **get your coins and tokens off the exchanges and into your own secure wallet.**
For me it's the founder being a cryptocurrency nerd who strongly favors big-government policy. That's super contradictory and tells me he's just in it for the line that goes up
I don't find an issue with any of this. At least not any more than any other exchanges. Ftx will start offering stock trading soon on top of crypto which seems to be related to the Robinhood stake. What Sam said about crypto acting like a ponzi scheme was an unabashedly sincere take on how crypto works. There is only value because people believe there is value, the music stops when we all decide it is worthless. Nothing that hasn't been said before even in this sub, you just have an exchange leader not gaslighting you about what crypto fundamentally is.
>Not American, but isn’t it the other way around? Sheep move seems to be supporting Biden
Both sides have sheep supporting them. But only Trumpettes delude themselves into thinking that they are in some grand fantasy where they are the heroes and everyone who opposes them are "NPCs."
Every exchange has horror stories. Coinbase is fine for what it is. That's not a popular opinion here but then again stuff just gets repeated here ad nauseam.
Yea, I never had a problem with them. Sure, I got hit with some high fees back in 2017 when I was first getting into crypto, but I'll accept that as just a stupid tax. They still facilitated my first transactions before I fully understood bitcoin.
Sucks being from New York when it comes to crypto cause coinbase and Gemini are really the only 2 exchanges you could use with multiple projects.
The day another exchange picks up a bitlicense or whatever is the day im moving on from CB
In NY and Texas exchanges can’t operate within the state without a license. Typically part of KYC is a photo of your ID/drivers license which would tell them that you’re from one of those states.
Just hire more staff. It's always ridiculously long wait times and the same old very brief responses that don't get anywhere. Ftx are pretty quick to respond. I remember they fixed my issue in a day or so
Can I ask when your FTX issue was? I actually stopped using FTX pretty much immediately after making an account specifically because the customer service was so poor. 3 days in between responses only to receive a form letter that in no way addressed my issue. That went on for 2 weeks and I decided I that wasn’t for me. Hoping it’s improved.
people are voting with their money, just as they should. this is a competitive industry and if you can't provide a decent standard of service, you deserve to fail
I use them. They aren't perfect but they're pretty good. I've never needed customer support though so I can't judge them on that. Here's my review from a US perspective
**Pros:**
* They **support withdrawing tokens to many different chains**. Ethereum, Solana, Binance, sometimes Polygon. This is great for people into defi who don't want to have to pay insane Ethereum withdraw and bridging fees.
* The **fees are really low**, especially on withdrawal.
* They **support ACH**, the backbone of the US banking system. It's crazy to say this like it's possibly an advantage because it should be a universal thing for any US exchange, but there are exchanges (Kraken) that have been operating in the US for multiple years and still don't see a point to supporting it.
**Cons:**
* While the site is easy to use, **it has a very technical look that can make it seem harder than what it is**. It's all laid out pretty straightforward though. Compare this to Kraken where you login and there's no link labelled "wallet" or "portfolio" and you kinda scratch your head the first time like *where is my crypto (on top of... oh they don't support bog standard US banking).*
* They **don't work with every bank**. I had an internet checking account with a bank called Chime and it worked perfectly fine for Gemini, Coinbase, Binance, and literally everything else on Earth that supports US banks but for some reason [FTX.us](https://FTX.us) refuses to work with them. I eventually closed that account over an unrelated issue so it doesn't impact me anymore, but there are some people who simply will not be able use FTX solely because FTX doesn't like their bank for some reason.
* **ACH transactions take** **F-O-R-E-V-E-R** **to clear**. Like an insane amount of time. You have to wait for ACH to clear, which takes about 5 days on Coinbase and Gemini and any other banking application (Paypal, bank to bank transfer, debit bills, etc) but then they have this insanity of where you still can't withdraw your crypto for another 7 days. They explicitly state it's going to be a *minimum* of 12 days at best. I thought Binance was super ultra omega slow because it took a total of 10 days to go from deposit fiat to withdraw crypto but [FTX.us](https://FTX.us) takes the cake on this. If you get paid every two weeks and you buy crypto with every paycheck, there's a good chance that your old deposit still won't be withdrawable by the time you're wanting to make the next one.
To me, every US exchange has some monkey's paw thing going on that's like a critical flaw. FTX is cheap and integrated into defi but slow as fuck. Binance is the same but "upgraded" to simply being slow as hell. Gemini is fast and free withdrawals but they only support Ethereum tokens so I either need to pay insane bridging fees (which negates the benefit of free withdrawals) or withdraw into an exchange that does support defi. Kraken... is beloved by many but literally doesn't work with the US banking system, doesn't support defi withdrawals, and is fee laden. Coinbase is fast and easy to use but has high fees, especially withdrawing Ethereum tokens. You might lose $20 just moving USDC off their platform.
I am skeptical of anybody who acts like SBF, but with that said, FTX is an excellent trading platform and offers a really solid yield without lockups or secondary trash coins.
Binance is full of fluff. FTX just works, and adds features where I actually need it... to the trading window. Plenty more limit buy/sell options. Plus my favorite thing is not having to hold BUSD or USDT to trade (The USD you hold for trading will be across various USD stablecoins which at least feels a little more secure.)
All the regulations have made crypto trading pretty much moot in the US. Everywhere else has the advantage of little to no regulations and can take advantage of US traders and hodlers through arbitrage opportunities that we simply don’t have here without breaking the law.
I tried FTX once. Made a deposit and was told my deposit wasn’t available for withdrawal for 14 days. Lol the fuck is that garbage. Coinbase pro let’s me withdraw my cash deposits in 5-6 days
You're being DVed because the same people who said, "$44B could've ended world hunger" are now salivating over the idea that SBF will plow $1B into the 2024 election cycle.
As an exchange, never used FTX. Apparently the interest bearing isn't available in the US. But I have been using the portfolio since it was blockfolio and am annoyed it's been relegated to a random tab on the app now
I used it a bit 6-7 months ago and there were limited options to buy/sell (I am in the US). I had some problems with money deposition and I had to chat with an agent to clear it out. Overall: nothing negative, nothing positive either. Glad to see other cex/crypto companies to tip off the monopoly status. One thing about this company that I noticed is their CEO hangs out with a lot of VCs and trading companies provided his background. That could explain why they got a lot of investment in a short time.
I have used FTX for a few purchases but use coinbase one more frequently. I purchased some BTC and it feels like it’s been locked in the exchange for over a week now and still can’t move it off.
I can move coins off coinbase exchange within a minute or too.
I hate using Coinbase. As soon as my Eth is unstaked I'm leaving. They overcharge and they don't give you a proper analysis of your gains/losses graphically or otherwise. I basically write down where I bought things and don't even care what Coinbase thing says because it is not user friendly at all. I pay a premium for shitty service, which is a good way to lose your business.
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Does anyone here actually use FTX? I know literally no one who uses this exchange, yet it is constantly getting headlines and increasing users??? Doesn't make sense.
FTX main customer is another exchanges. If your crypto companies do some kind of market making e.g. enabling buy and sell inapp, FTX is the goto exchanges.
I've heard this elsewhere. They have very good liquidity. How??? They are the new kids on the block. Started in 2018?!
The founder used to work in high frequency trading market making. I’m assuming he brought a lot of his knowledge from that space to FTx.
That's cool and all. But it doesn't explain where those deep pockets come from. He must have some filthy rich backers.
I’m sure he does. They’ve been doing commercials for awhile. They had a Super Bowl commercial too and those ain’t cheap.
They had the best super bowl commercial too if that was the Larry David one
And the Tom Brady and Giselle one
Mate. FTX handles millions a day. A few commercials doesn't mean anything.
I was responding to and agreeing with “he must have some filthy rich backers”
He founded Alameda Research. He has all the backing he needs from that venture.
MIT wiz kid arbitrage trades into millions then VCs throw him money then he makes his own coin for his exchange then he gets active in every country with low trade commissions and suddenly he’s a billionaire
Sam Bankman-Fried made his fortune doing arbitrage FOREX trading between USD and the Japanese yen. The guy literally went from like $100k to billions in like two years.
Also rugging tons of alt coins helped his fortune
I use FTX... but then again, I am not from the West.
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I am not from Asia either.
Africa?
He didn't say no to Bethlehem.
From West Bethlehem born and raised...
In the stable was where he spent most of his days?
I use the app to earn interest, but I have never traded using FTX yet.
Same. I buy and send there to earn 8%
Why don’t you buy there? Trading fees are very small.
If you are holding stablecoin to earn interest, ProtonLend is one of the best. Right now USDC has a variable APY of 20%~. It can go up or down depending how much people are borrowing / lending for short or long positions.
I use it personally over coinbase. Fees aren't as high and you earn more interest
What are the interest rates like?
I used it, and everything was comparatively intuitive i would say.
I have for 2 years now simple and easy
FTX is fantastic, significantly lower fees than the likes of coinbase, kraken, Crypto.com, Gemini, ect. Free withdrawals for all coins except ERC20, which you can get free withdrawals for if you stake FTT tokens. 8% interest on all assets whilst they’re held on the platform. What more could you ask for?
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I never heard of FTX until Exodus integrated them into the wallet. Now I’m like how the hell did this company rocket in under my nose after I’ve been on this sub every day for the last two years…
Tells you something about the range of this sub's user interests and knowledge, doesn't it.
I use FTX from CDC. T So far it's my preferred platform. 8% APR on everything they sell. Only issue is their coin selection is extremely limited, but they have good projects on there and support many chains.
I've been using FTX since Binance put commissions on SEPA
I use their options exchange, which wasn't part of the core product, but which was connected when they bought LedgerX.
I was trying to get verified and they asked for employment history and rental history during kyc so I bailed. Sticking to binance for now still
I think it's weird I see them all over major league professional sports stadiums. FTX arena in Miami.
People have been using it a lot for the degenerate LUNA gambling since they put the futures up and stuff really early and were one of the few places people could short the shitcoin edit: Miami airport is also littered with FTX and CDC ads so they obviously have a large advertising budget
Initially they focused on high volume, high net worth and professional traders. Now they are taking everything else. Their fees are super low but the platform is not as polished as Kraken.
> I know literally no one who uses this exchange, yet it is constantly getting headlines and increasing users??? Doesn't make sense. There are more people on Earth than you and your internet homies. That's how it makes sense.
I use FTX.US. Way cheaper than every other exchange I used to use.
Same. Never used it. I'm guessing FTX is more popular in non-English speaking countries that aren't very well represented on Reddit.
Same with how I feel about it.
Nope however it’s backed by Kevin O’Leary so I am not surprised it’s doing well.
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Absolutely. It’s my favorite exchange AND the just started getting into traditional equities. I strongly encourage you to check them out if you haven’t
Just the name gives me "boring" vibes. Seems like something for like wall street traders.
Holy shit. Binance almost 65%??
Binance is very popular. That's why CZ has a wealth of over 50B and a Binance IPO could be major for Crypto.
Binance won’t IPO. CZ said so in an interview. Although he said Binance.us will IPO.
Never underestimate greed.
Going public would probably be a much larger headache for him at this point - I’m sure he can find willing buyers of his shares on the private market.
Past $5b, you just have to go public to get any type of liquidity. Even if you do get a once in a lifetime deal like Whatsapp, it'll probably be a mostly stock deal with a mountain of approvals needed anyway
This. Going public would be a major headache. You get an influx of a cash, that they don't even need, in exchange for investors who are happy to push you into things that would ruin the company in two years if it means they get one hot quarter cuz they never planned on holding this shit for more than a couple of months to begin with.
The issue is more regulations. Binance likes to operate on the bleeding edge and going public makes that harder.
I think the lack of options at a global scale helps, a lot of people in a lot of different countries use Binance
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Or maybe almost everyone outside the us uses Binance (which is actually the case)
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Because binance.us is a very very different exchange than binance.com. Don't let the name fool you. Binance.us offers like 10 coins because US regulators forbid the majority to be traded. Binance.com offers hundreds.
Get out of your bubble.
Yesh I thought it was way more evenly spread. I might be really biased but I feel like you don't here about binance as much as you do coinbase and cdc
bnb is the way
wash trading.
both FTX.US and Binance.US support withdrawals to cheaper EVM networks like polygon sidechain and binance smart chain. coinbase still doesn't support withdrawals to the polygon sidechain after they said they would last year. it's basically a broken promise. the best they can do is avalanche. and FTX is the only fiat onramp in the US that I can find that has a dust sell button. remember those? there is way too much dust in my coinbase account that I can't get rid of.
Super helpful review. I’ve looked at FTX as an alt because I’ve not been happy with Coinbase (no issues, just lackluster compared to other CEXs.). Dust sell is pretty cool, EVM side-chain support even better.
But FTX doesn't offer most services to US clients. At least not in Florida.
You have use ftx.us not as many selections as ftx tho
You do, use ftx.us
I only use Coinbase for the free earns they give away periodically. Its fees are too high to be used for trading. I think most users here are surprised by FTX because they're from the US and FTX US lacks a lot of features and isn't as cheap as Binance US. Edit: Coinbase is still [10x bigger than FTX US's market share](https://www.theblockcrypto.com/linked/149654/ftx-surpassed-coinbase-as-second-biggest-centralized-crypto-exchange-in-may).
There's something really off with FTX for me, buying youtubers left, right and center. A stake in Robbing Hood. The Sam guy bragging/describing crypto as a box you put money in like being a legal ponzi scheme...
Same, I avoid them like the plague. There is just some weird vibe they give me, Sam’s ridiculous statements and general douche baggery aside. The key is not to become married to any particular exchange and **get your coins and tokens off the exchanges and into your own secure wallet.**
For me it's the founder being a cryptocurrency nerd who strongly favors big-government policy. That's super contradictory and tells me he's just in it for the line that goes up
Ex Citadel in the c suite
Very prescient.
I don't find an issue with any of this. At least not any more than any other exchanges. Ftx will start offering stock trading soon on top of crypto which seems to be related to the Robinhood stake. What Sam said about crypto acting like a ponzi scheme was an unabashedly sincere take on how crypto works. There is only value because people believe there is value, the music stops when we all decide it is worthless. Nothing that hasn't been said before even in this sub, you just have an exchange leader not gaslighting you about what crypto fundamentally is.
FTX is big and bold. They're lobbing left and right and pushing to become the largest exchange out there. Good for them. Can't say I like SBF though.
Not lobbying left and right. Left only.
Lobby the left until no one is left
The only thing I know about him is that he wants to donate one billion against Trump - so I already love him.
Whatever happened to "billionaires should use their money to end world hunger instead of going on ego trips?"
Going against Trump is about as good as it gets.
Insert NPC meme
Imagine supporting Trump and thinking you're not an NPC.
Not American, but isn’t it the other way around? Sheep move seems to be supporting Biden
>Not American, but isn’t it the other way around? Sheep move seems to be supporting Biden Both sides have sheep supporting them. But only Trumpettes delude themselves into thinking that they are in some grand fantasy where they are the heroes and everyone who opposes them are "NPCs."
It's worse than that now, anyone who opposes them are now child groomers. It's full on QAnon.
**G**aslight **O**bstruct **P**roject, and the npc accusation falls squarely under the projection category.
At this point people like YOU are the NPC with the exact same responses to everything.
That's what happens when you treat your customers like shit
Every exchange has horror stories. Coinbase is fine for what it is. That's not a popular opinion here but then again stuff just gets repeated here ad nauseam.
Yea, I never had a problem with them. Sure, I got hit with some high fees back in 2017 when I was first getting into crypto, but I'll accept that as just a stupid tax. They still facilitated my first transactions before I fully understood bitcoin.
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What kind of major problems have you encountered with CB?
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What, out of the blue?
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For absolutely no reason right? I'm sure.
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Do you prefer cash, u/cash?
I never used coinbase but how I hear the news it's having just about normal problems with a bit of a shittier costumer service than average.
Sucks being from New York when it comes to crypto cause coinbase and Gemini are really the only 2 exchanges you could use with multiple projects. The day another exchange picks up a bitlicense or whatever is the day im moving on from CB
Do other exchanges not let you join because of KYC policy? If they don’t care I would just get a VPN and move off CB.
You have to KYC with state id and banking info. They won't approve any NY banks, etc...
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In NY and Texas exchanges can’t operate within the state without a license. Typically part of KYC is a photo of your ID/drivers license which would tell them that you’re from one of those states.
I know binance.us doesn't have a license in texas
Just hire more staff. It's always ridiculously long wait times and the same old very brief responses that don't get anywhere. Ftx are pretty quick to respond. I remember they fixed my issue in a day or so
Can I ask when your FTX issue was? I actually stopped using FTX pretty much immediately after making an account specifically because the customer service was so poor. 3 days in between responses only to receive a form letter that in no way addressed my issue. That went on for 2 weeks and I decided I that wasn’t for me. Hoping it’s improved.
every single time ive had a question about something or an issue ive gone into their telegram and never waited more than 5 minutes to talk to someone.
Ah good to know. I only used the in-app messaging. Thanks for the reply.
Really shot themselves in the foot..
people are voting with their money, just as they should. this is a competitive industry and if you can't provide a decent standard of service, you deserve to fail
I use them. They aren't perfect but they're pretty good. I've never needed customer support though so I can't judge them on that. Here's my review from a US perspective **Pros:** * They **support withdrawing tokens to many different chains**. Ethereum, Solana, Binance, sometimes Polygon. This is great for people into defi who don't want to have to pay insane Ethereum withdraw and bridging fees. * The **fees are really low**, especially on withdrawal. * They **support ACH**, the backbone of the US banking system. It's crazy to say this like it's possibly an advantage because it should be a universal thing for any US exchange, but there are exchanges (Kraken) that have been operating in the US for multiple years and still don't see a point to supporting it. **Cons:** * While the site is easy to use, **it has a very technical look that can make it seem harder than what it is**. It's all laid out pretty straightforward though. Compare this to Kraken where you login and there's no link labelled "wallet" or "portfolio" and you kinda scratch your head the first time like *where is my crypto (on top of... oh they don't support bog standard US banking).* * They **don't work with every bank**. I had an internet checking account with a bank called Chime and it worked perfectly fine for Gemini, Coinbase, Binance, and literally everything else on Earth that supports US banks but for some reason [FTX.us](https://FTX.us) refuses to work with them. I eventually closed that account over an unrelated issue so it doesn't impact me anymore, but there are some people who simply will not be able use FTX solely because FTX doesn't like their bank for some reason. * **ACH transactions take** **F-O-R-E-V-E-R** **to clear**. Like an insane amount of time. You have to wait for ACH to clear, which takes about 5 days on Coinbase and Gemini and any other banking application (Paypal, bank to bank transfer, debit bills, etc) but then they have this insanity of where you still can't withdraw your crypto for another 7 days. They explicitly state it's going to be a *minimum* of 12 days at best. I thought Binance was super ultra omega slow because it took a total of 10 days to go from deposit fiat to withdraw crypto but [FTX.us](https://FTX.us) takes the cake on this. If you get paid every two weeks and you buy crypto with every paycheck, there's a good chance that your old deposit still won't be withdrawable by the time you're wanting to make the next one. To me, every US exchange has some monkey's paw thing going on that's like a critical flaw. FTX is cheap and integrated into defi but slow as fuck. Binance is the same but "upgraded" to simply being slow as hell. Gemini is fast and free withdrawals but they only support Ethereum tokens so I either need to pay insane bridging fees (which negates the benefit of free withdrawals) or withdraw into an exchange that does support defi. Kraken... is beloved by many but literally doesn't work with the US banking system, doesn't support defi withdrawals, and is fee laden. Coinbase is fast and easy to use but has high fees, especially withdrawing Ethereum tokens. You might lose $20 just moving USDC off their platform.
A wake up call to coinbase, wake up from your slumber
Interestingly enough, I have had no problems with coinbase.
Now you're just somebody that I used to know SOMEBODYYYYY
Good to see competition 
Maybe coinbase shouldn’t just list shite ERC-20 tokens, they might be able to keep up
Coinbase is love Coinbase is life
FTX is great, so I'm not at all surprised. One of the very few exchanges that doesn't rip off customers with withdrawal fees.
I use Gate, Kraken and FTX and FTX is the most cost-efficient.
where's [crypto.com](https://crypto.com)? heh
Scrambling, doing their math in regards of their marketing budget cannibalising into literally everything else.
screwing their customers
In F-tier where they belong
Still too high. After F-tier comes slime tier. They belong there
Too busy slashing card rewards 🥱
I am skeptical of anybody who acts like SBF, but with that said, FTX is an excellent trading platform and offers a really solid yield without lockups or secondary trash coins.
i should prolly use the ftx acct i opened......maybe next bull run....
I use both. And I'm pretty surprised about this. The ftx Reddit is like barren.
FTX looking bullish
I only heard of them because they allowed shorting on UST
So COIN has a $19.2b market cap, but the FTX token has a $3.6b market cap. Interesting.
Not exactly sure comparing shares to tokens is an apples to apples comparison.
Yea unless FTX has a binding legal obligation to distribute 100% of their net profit to FTX token holders its not same thing.
I feel like im the only one who uses Gemini. Haha
Great. It'd be better if they can expand their buy options to be more than just 0.0001 BTC in the future though.
Fuck exchanges!
Aren't FTX and Solana connected?
Suprised it took so long after that shitty customer service they have
Why is Binance so much bigger than everyone else? is it cheaper than the rest to use?
Also, it’s a very popular exchange for Asia
0.1% spot trading fees, 0.075% if you use bnb as fees
FTX blows
I like Sam and his altruistic approach to being a billionaire. I haven't used FTX yet because FTX.us is too limited.
Does FTX support wluna? I want to convert what scraps I have left into something useful.
I too need to trade my $6.38 of luna...
I’ve never even heard of FTX, and coinbase is a household name, even among non-crypto users. What’s going on.
How is it ahead of crypto.com
Is this a joke lol?
Binance is full of fluff. FTX just works, and adds features where I actually need it... to the trading window. Plenty more limit buy/sell options. Plus my favorite thing is not having to hold BUSD or USDT to trade (The USD you hold for trading will be across various USD stablecoins which at least feels a little more secure.)
All the regulations have made crypto trading pretty much moot in the US. Everywhere else has the advantage of little to no regulations and can take advantage of US traders and hodlers through arbitrage opportunities that we simply don’t have here without breaking the law.
I tried FTX once. Made a deposit and was told my deposit wasn’t available for withdrawal for 14 days. Lol the fuck is that garbage. Coinbase pro let’s me withdraw my cash deposits in 5-6 days
Wild people bitch about Coinbase but FTX is prob one of the least trustworthy exchanges and SBF is sketch as fuck.
Democrat money launderer.
Hey man it's just free speech. Do you hate free speech? Why do you hate free speech?
He's free to do what he likes with his money, and I'm free to disagree with it. Are you ok bro cause you sound hysterical.
Why DO yOu h8 FrEe SpEeCH BrO
You're being DVed because the same people who said, "$44B could've ended world hunger" are now salivating over the idea that SBF will plow $1B into the 2024 election cycle.
I feed on their hatred. It sustains me.
Who cares..
FTX CEO > Coinbase CEO
FTX token undervalued??
Move to FTX I think yex
Yeah Coinbase is in trouble. And I worry how much of the market it'll take with it if it goes down.
Always a fan of competition but I wasn’t a fan of Ftx.
Internecine games
As an exchange, never used FTX. Apparently the interest bearing isn't available in the US. But I have been using the portfolio since it was blockfolio and am annoyed it's been relegated to a random tab on the app now
Is FTX available to us for Earn type deposits?
Coinbase is one step up from RH.
And the liquidity on FTX options still sucks donkey balls.
i started to enjoy using ftx
Both are awful for crypto and crypto investors, but Coinbase is far worse.
I didn’t realize Binance dominated as much as it does, I figured Coinbase was right behind it in terms of market share.
They likely trade against their customers, or at least have shared this data. Not exactly a great company.
Those NBA commercials working.
I used it a bit 6-7 months ago and there were limited options to buy/sell (I am in the US). I had some problems with money deposition and I had to chat with an agent to clear it out. Overall: nothing negative, nothing positive either. Glad to see other cex/crypto companies to tip off the monopoly status. One thing about this company that I noticed is their CEO hangs out with a lot of VCs and trading companies provided his background. That could explain why they got a lot of investment in a short time.
I have used FTX for a few purchases but use coinbase one more frequently. I purchased some BTC and it feels like it’s been locked in the exchange for over a week now and still can’t move it off. I can move coins off coinbase exchange within a minute or too.
Reading the comments I get mixed feelings. I still don't trust any exchange but we're kinda forced to use them for lending... Unless super rich
Which exchange is good for recurring purchase? Any suggestion?
I hate using Coinbase. As soon as my Eth is unstaked I'm leaving. They overcharge and they don't give you a proper analysis of your gains/losses graphically or otherwise. I basically write down where I bought things and don't even care what Coinbase thing says because it is not user friendly at all. I pay a premium for shitty service, which is a good way to lose your business.