FTX Exchange | FTX Tutorial | FTX Exchange Review

2 years ago
42

FTX Exchange | FTX Tutorial | FTX Exchange Review

➜ Register - https://bit.ly/FTX-register

What is FTX Exchange?
FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products. Founded in 2018 by MIT graduate and former Jane Street Capital international exchange-traded funds trader Sam Bankman-Fried, FTX offers a range of trading products, including derivatives, options, volatility products, and leveraged tokens. It also provides spot markets in over 100 cryptocurrency trading pairs such as BTC/USDT, ETH/USDT, XRP/USDT, and its native token FTT/USDT.

Bahamas-based FTX and its FTX US affiliate have overlapping management teams but separate capital structures. U.S. residents can only trade through FTX US.

FTX is a centralized cryptocurrency exchange specializing in derivatives and leveraged products. It supports most commonly traded cryptocurrencies.
FTX's key product offerings include futures, leveraged tokens, options, MOVE contracts, and spot markets.
FTX is based in the Bahamas and does not serve U.S. residents, who can trade on FTX US instead.
FTX and FTX US are affiliates with overlapping management teams but separate capital structures.

Basics of FTX Exchange
FTX's wide range of products and easy-to-use desktop and mobile trading apps draw crypto investors of all skill levels, from beginners to seasoned professionals or, in crypto jargon, from newbies to whales. The FTX platform offers a comprehensive range of order types, from basic market orders to more complex trailing stop orders.

FTX Key Products
FTX's key products include futures, leveraged tokens, options, MOVE, and spot markets.

Futures: Traders can take both long and short bets on leading cryptocurrencies using over 100 quarterly and perpetual futures pairs with margins of up to 101x. Stablecoins, such as USD and tether (USDT), are used as collateral to open and maintain positions.

Leveraged Tokens: FTX offers ERC20-based tokens that provide traders up to 3X leveraged exposure against the underlying trading pair.

Options: Traders can speculate on future price direction and hedge against their open positions with a range of call and put options that give the holder the right but not the obligation to buy or sell at a future strike price.

MOVE: These contracts allow traders to bet how far the price of a cryptocurrency will move over a time period, irrespective of the direction, essentially making them a play on volatility.

Spot Markets: FTX offers over 100 different spot trading pairs, providing exposure to leading cryptocurrencies, such as Bitcoin, Ethereum, Binance Coin, Chainlink, and Ripple's XRP.

➜ Register - https://bit.ly/FTX-register

#CryptoCurrency #Crypto

Loading comments...