NOTE: Customers from United States are not allowed to trade at this broker. We would recommend a different broker at our toplist here.
FTX US is a centralized exchange that supports transactions in digital and crypto assets as well as stocks. You can deposit with the US dollar on the platform or use crypto. FTX US is a rapidly growing crypto exchange that offers various trading options such as futures, trading and margin options to cater to different customers and risk aversions. Although the parent FTX platform is available on a global scale, FTX US has some limitations, and US residents cannot trade on the global platform. However, they can still access and trade in a variety of digital assets on the US site, including Bitcoin, Ethereum, Dogecoin, and Solana, as well as a large collection of NFTs.
NOTE: Customers from United States are not allowed to register. Find another broker here.
Avoid Scam Sam and his team, that went bankrupt after spending client money on their own token and external crypto projects.CryptoLists.com
Background & Overview
FTX US has grown since its inception in 2019 by offering investors in traditional assets, crypto, and digital assets access to multiple trading options. The platform is backed by a team of engineers and developers with broad exposure to equity and derivative trading. FTX US offers a unified platform where investors can manage all their investment holdings in traditional assets like stocks and digital assets like crypto and NFTs. The platform offers some of the most competitive trading fees in the market, and this has contributed immensely to its user base.
Visit FTX US now!
Advantages at FTX USSome of the benefits of FTX US, according to Crypto Lists, include:
+ Offers access to many cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Tether, and more.
+ It is suitable for intermediate and advanced traders with features like spot and margin trading.
+ Excellent security.
+ FTX US offers a diverse NFT marketplace.
+ Access to advanced markets, including forex, leveraged tokens, and commodities.
DisadvantagesThe downsides of FTX US include:
- Fewer cryptocurrencies compared to some other exchanges.
- US residents cannot trade on the global FTX platform.
- No live chat support.
- It may be difficult to find some information on the platform.
KYC & Registration
Know Your Customer (KYC) includes the minimum mandatory requirements for opening an account on FTX US. The initial process of setting up your account is fairly simple. FTX US requires some details from new users as a security measure to verify your identity and flag potential illegal activities on the exchange, such as money laundering. When you create your account on the homepage, you can provide some basic information, such as your name and date of birth. However, the platform offers more options for users who go through the full verification process by providing a government ID, facial recognition, and proof of address.
Business accounts are available, with a more stringent sign-up policy, which is to be expected. Known as 'Institutional Accounts', you'll need to send over company documentation alongside standard KYC information.
Leverage▪ Rated at 1/10
One of the great features about FTX US is the ability to spot and margin trade using leverage, something that isn't available on all US crypto exchanges. They have an extensive library of information available on the site explaining how it works, so it's good for newcomers to trading as well as experienced pros.
Costs▪ Rated at 1/10
Low fees are one of the main features of FTX US. The platform is based on a tiered fee structure based on a 30-day trading volume. Fees on FTX US are charged on a maker-taker model. Makers set a limit order while takers execute a market order. Maker fees range from 0% to 0.1% depending on your trading tier, while taker fees can be between 0.05% to 0.4%.
FTX US also charges a transfer fee of $0.5 for deposits and withdrawals, although the fee may be waivered if it is your first deposit or if you deposit more than $100. There are no fees for crypto deposits. You will be charged $3 to mint an NFT for sale, and there are no fees for wiring funds, although your bank may charge you. FTX US offers an FTX Debit Card, which you can connect to your FTX US account to make payments, withdrawals, and deposits. The card lets you use fiat currency or any crypto you might hold.
Deposit Methods▪ Rated at 1/10
Below you can see a list of the deposit methods available on FTX US. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.
There are a variety of ways to deposit USD into your account. These include debit and credit cards, as well as bank transfers. How fast these are depends on your own bank's policy. You can also deposit using cryptocurrencies, which is the lowest cost and the highest speed. Read more about the deposit methods at FTX US here.
Platforms▪ Rated at 1/10
The following platforms are supported by FTX US:
FTX US offers an innovative and easy-to-navigate user interface. The platform displays useful tabs on the homepage, including one-click access to markets, products, and the FTX policy. Users can access the platform on desktop or via the mobile app available on Android and iOS. The app features a minimalist design with bold icons and neat overlays for easy navigation through the various trading categories.
Automated Trading and Copy Trading
There isn't an in-built autotrade or robot trading feature, although there is the possibility to integrate your own with the platform with an API.›› Get started with Crypto Auto Trading at FTX US now.
Languages supportedThe following language is supported on FTX US:
Broker Support▪ Rated at 1/10
FTX US does not offer live chat or 24/7 phone support. Traders can submit support tickets on the platform in case of queries, concerns, or complaints, although FTX does not specify how long the team responds to customers' concerns. You can also reach the support staff on Telegram or read through FTX's extensive collection of articles that highlight the common challenges and how to troubleshoot them.
Other Names for FTX US
FTX US is or has also been known under the following names: West Realm Shires Services, Inc.
Where can I register for FTX US?
The best way is to open an account here and if you have any further questions you can get in touch with their support directly.
Is FTX US a legit platform?
FTX US is a licensed cryptocurrency exchange in compliance with US regulations. The platform has been subjected to the US GAAP audit process. Funds held in FTX in United States of America are insured by the FDIC.
Who is FTX US made for?
FTX US is ideal for traders who are interested in competitive trading fees. It is a popular option for traders with cryptocurrency experience and sophisticated traders looking for margins and leveraged trading.
Are my digital assets with FTX US?
FTX US is a secure platform with multiple features to ensure the exchange supports its wide customer base. The platform utilizes two-factor authentication and the option to set up an additional password for withdrawals. You can whitelist IP addresses to prevent unauthorized remote access and use hot and cold wallets to protect your crypto.
Who started FTX in United States of America?
FTX was founded by Sam Bankman-Fried and Gary Wong. Sam is a former trader who formally worked on the ETF exchange at Jane Capital. He is a physics graduate from MIT with years of experience in ETFs, futures, and currency trading. Gary Wong is a former Google software engineer also from MIT, where he specialized in Mathematics with Computer Science.
History of FTX US
2019: The parent company FTX is founded by Sam Bankman-Fried and Gary Wang. Both of whom are MIT graduates.
2020: The United States version of the platform is launched, based in the Bahamas.
2021: In August 2021 FTX.US agreed to acquire LedgerX for an undisclosed sum.
February 2022: FTX.US announces it will allow stock trading to its US customers.
Find the full list of instruments available to trade at FTX US here. There are a wide range of pairings available on FTX US, although not as many as some other platforms. You can see them below.▪ Rated at 1/10
Crypto Currencies1INCH/USD, AAVE/USD, AGLD/USD, AKRO/USD, AKRO/USDT, ALCX/USD, ALEPH/USD, ALICE/USD, AMPL/USD, AMPL/USDT, ATOM/USDT, AUDIO/USD, AUDIO/USDT, AVAX/USD, AXS/USD, BAL/USD, BAL/USDT, BAND/USD, BAO/USD, BAR/USD, BAT/USD, BCH/BTC, BCH/USD, BCH/USDT, BICO/USD, BIT/USD, BLT/USD, BNB/BTC, BNB/USD, BNB/USDT, BOBA/USD, BTC/EUR, BTC/LINK, BTC/LTC, BTC/USD, BTC/USDT, C98/USD, CEL/USD, CHR/USD, CHZ/USD, CHZ/USDT, CITY/USD, CLV/USD, COIN/USD, COMP/USD, COMP/USDT, CRO/USD, CVC/USD, DAI/USD, DAWN/USD, DENT/USD, DFL/USD, DMM/USDT, DOGE/USD, DOT/BTC, DOT/USD, DOT/USDT, DYDX/USD, EDEN/USD, ENJ/USD, ENS/USD, ETC/USD, ETH/BRZ, ETH/BTC, ETH/EUR, ETH/USDT, EUR/USD, ETHW/EUR, ETHW/USDT, EURW/USD, EURT/EUR, EURT/USD, EURT/USDT, FIDA/USD, FRONT/USD, FRONT/USDT, FTM/USD, FTT/BTC, FTT/USD, FTT/USDT, FLOW/USD, GAL/USD, GALA/USD, GARI/USD, GENE/USD, GODS/USD, GOG/USD, GRT/USD, HGET/USD, HGET/USDT, HMT/USD, HNT/USD, HNT/USDT, HT/USD, HUM/USD, HXRO/USD, IMX/USD, INTER/USD, JET/USD, JOE/USD, JST/USD, KIN/USD, KNC/USD, KNC/USDT, KSHIB/USD, KSOS/USD, LEO/USD, LINA/USD, LINK/BTC, LINK/USD, LINK/USDT, LOOKS/USD, LRC/USD, LTC/BTC, LTC/USD, LTC/USDT, LUA/USD, LUA/USDT, LUNA/USD, MANA/USD, MATH/USD, MATIC/BTC, MATIC/USD, MBS/USD, MCB/USD, MEDIA/USD, MER/USD, MKR/USD, MKR/USDT, MNGO/USD, MOB/USD, MSOL/USD, MTA/USD, MTA/USDT, MTL/USD, NEXO/USD, ORBS/USD, OXT/USD, PAXG/USD, PAXG/USDT, PORT/USD, PRISM/USD, PROM/USD, PSG/USD, PTU/USD, PUNDIX/USD, QI/USD, RAMP/USD, REAL/USD, REEF/USD, RNDR/USD, RSR/USD, RUNE/USD, RUNE/USDT, SAND/USD, SHIB/USD, SKL/USD, SLND/USD, SLP/USD, SNX/USD, SNY/USD, SOL/BTC, SOL/USD, SOL/USDT, SOS/USD, SPELL/USD, SRM/USD, SRM/USDT, STARS/USD, STMX/USD, STORJ/USD, SUN/USD, SUSHI/BTC, SUSHI/USD, SUSHI/USDT, SWEAT/USD, SXP/USD, TLD/USD, TLRY/USD, TOMO/USD, TOMO/USDT, TRX/USD, TRX/USDT, TRU/USD, TRYB/USD, TULIP/USD, UBXT/USD, UNI/BTC, UNI/USD, UNI/USDT, USDT/USD, UST/USD, UST/USDT, VGX/USD, WAVES/USD, WBTC/BTC, WBTC/USD, WNDR/USD, XAUT/USD, XRP/USD, XRP/USDT, YFI/USD, YFI/USDT, YGG/USD, ZRX/USD
CurrenciesAUD/USD, BRZ/USDT, CAD/USD, CHF/USD, GBP/USD, HKD/USD, SGD/USD, TRY/USD, ZAR/USD
Screenshots from FTX US
FTX US Review Published: Tuesday, 8 Nov 2022 10:52 am
Last Updated: Wednesday, 10 May 2023 1:48 pm