FTX Trade Definition
What is FTX Exchange?
FTX Exchange is a primary centralized cryptocurrency exchange specializing in derivatives and leveraged items. Launched in 2018 by MIT graduate and previous Jane Road Capital worldwide ETF trader Sam Bankman-Fried, FTX gives a array of progressive trading goods, like derivatives, options, volatility products and solutions, and leveraged tokens. It also supplies spot marketplaces in over 100 diverse trading pairs, these types of as BTC/USDT, ETH/USDT, XRP/USDT, and its native token FTT/USDT.
Important Takeaways
- FTX is a centralized cryptocurrency exchange specializing in derivatives and leveraged products and solutions. It supports most usually traded cryptocurrencies.
- FTX features consumer-pleasant desktop and mobile applications with multiple order forms, building the exchange acceptable for rookies and seasoned specialists.
- FTX’s crucial product or service choices incorporate futures, leveraged tokens, solutions, Shift, and spot markets.
- The exchange a short while ago entered into a sponsor partnership with NBA champion Stephen Curry.