This FTX US crypto exchange review will cover FTX US spot trading and FTX US derivative trading.
In addition, we cover NFT trading and more!
FTX US is one of the top Bitcoin and crypto exchanges available in the USA. Here, you find many spot markets with very competitive trading fees.
What is FTX US Crypto Exchange?
FTX US is a US-regulated cryptocurrency exchange created only for citizens from the USA.
The founder is Sam Bankman-Fried, an MIT graduate and former Jane Street Capital international exchange-traded funds trader.
FTX US Trading Features
- Spot trading
- Stock Trading
- OTC Trading
- Crypto Derivatives (Ledger X)
- NFT
- FTX Card
- FTX Pay
- Whitelabel
FTX US Derivatives
FTX US Derivatives (formerly LedgerX) is a cryptocurrency futures and options trading site and clearinghouse.
It is regulated by the Commodity Futures Trading Commission (CFTC) and can be used by retail and institutional investors from the USA.
FTX US Trading Fees
FTX US charges low fees compared to many other US cryptocurrency exchanges. Here, the base trading fees start at 0.1% for the maker and 0.2% for the taker.
FTX US Spot Trading Features
FTX US trading fees are based on maker and taker fees and different tier levels.
So no FTT staking or FTT holding to get trading fee discounts, as with FTX.
Binance US charges 0.1% trading fees for both maker and taker. In addition, you can get 25% discount if you pay the fees with the Binance Coin BNB.
FTX US VIP and Market Making Programs
In addition to lower fees, VIPs at FTX US receive a number of benefits, including:
1) Higher API limits
2) Account manager
3) Dedicated API and operational support
4) The ability to provide input to the products that FTX US launches
5) FTX US customized VIP swag
6) Access to exclusive VIP events and partnership hospitality
FTX US NFT Trading
FTX US has an NFT trading platform where people can buy and sell NFTs.
FTX US NFT Trading fees
There is a specific fee schedule for NFT trading.
- FTX US charges the seller a 2% trading fee on each sell
- If you want to mint or list your NFT, FTX US charges a $3 fee
- FTX US subsidizes a portion of the gas costs incurred when withdrawing Ethereum NFTs. This amount varies and is mainly dependent on the network congestion.
FTX US Stock Trading
Soon you will have the opportunity to trade thousands of stocks at no fees. The execution will be fully transparent and the interface will be the same as for FTX US.
FTX US offers zero-commission stock trading tokens.
FTX US Spot Trading
FTX US and Binance US have similar trading volumes for the spot cryptocurrency markets. The liquidity is limited compared to Binance or FTX but also they only serve the US compare to the other platforms that are supported worldwide.
FTX US Card
Use the FTX US card to spend your FTX US balances at millions of merchants worldwide with a VISA card.
There is no need to connect or withdraw to a traditional fiat bank account.
You can now pay for your favorite products using crypto.
And the best part, there are no fees.
FTX Card is only available to US residents with a valid SSN
