How to use FTX Exchange ver.2021

0. Binance VS FTX

 

 

- Recently, more and more exchanges are trying to differentiate themselves by features that Binance does not support, products, fee discounts, and other features!

 

- Through this time, let's compare and analyze Binance and the FTX Exchange to find out where they are different!

 

- Please note that FTX Exchange is a partner exchange that is not a competitor to Binance. Even the FTX exchange coin called FTT is a coin developed by Binance Chain.

 

- The FTX Exchange is challenging to break down the boundaries with numerous asset classes through cryptocurrency, such as leveraged tokens, stock trading with cryptocurrency, and foreign exchange trading with cryptocurrency.

 

1. How to sign up for FTX Exchange membership

 

 

- Membership registration for cryptocurrency exchanges is usually completed within 1 minute through email, password, and verification email.

 

- There may be slight differences between each exchange, so I will explain in detail so that you are less confused!

 

 

2. How to deposit and withdraw from FTX Exchange

 

- As FTX is an overseas exchange, you must purchase the investment from a domestic exchange and deposit it.

 

 

- Before using the FTX exchange, check whether deposits and withdrawals are smooth and what types of coins are supported!

 

3. How to Margin Trading on the FTX Exchange

 

- When it comes to derivative exchanges, margin trading is also important!

 

- There are several points to consider when trading futures!

 

- You should consider what the user interface is like, how fast the execution speed is, and how much leverage it provides!

 

4. FTX Exchange transaction fee

 

- Fees are different for each exchange. The higher the fee, the more expensive it will hurt your returns in the long run.

 

- Are you accurately aware of the fees and running promotions on the exchange?

 

- And let's find out what benefits are available to traders!



5. How to use FTX OTC

 

 

- In some countries, it is difficult to directly purchase cryptocurrency.

 

- Therefore, in the past, individuals met in person and conducted over-the-counter transactions through P2P, but now various institutions and exchanges support OTC.

 

- Can we learn about over-the-counter trading of FTX and try it out too?