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– TIMESTAMPS –
1:54 Who Are FTX?
8:11 What Cryptos Are Listed?
9:41 How To Deposit Fiat?
13:23 How To Deposit Crypto?
14:15 Trading Fees
18:05 How To Trade On FTX?
22:42 Other FTX Features
25:02 Final Thoughts
📺 Recommended Vids 📺
► FTX US: All You NEED To Know: https://www.youtube.com/watch?v=mFTZFdgJrjg
► Who Are Alameda Research? https://www.youtube.com/watch?v=4xGoI370bVo
► Are NFTs Worth the Hype? https://www.youtube.com/watch?v=DFEVUIK3bFk
⛓️ 🔗 Useful Links 🔗 ⛓️
► Latest FTX funding spherical: https://www.ft.com/content material/a3a90a4f-54e4-4b4f-b1df-2d9d8ca7712d
► FTX & Alameda Research: https://venturebeat.com/2019/08/06/ftx-raises-8-million-for-cryptocurrency-derivatives-exchange-and-trading-platform/
► Sam Bankman-Fried net-worth: https://www.forbes.com/profile/sam-bankman-fried/?sh=aa7dc4b44490
► Brady & Gisele purchase stake in FTX: https://www.coindesk.com/enterprise/2021/06/29/tom-brady-gisele-bundchen-become-part-owners-of-ftx/
► Security options: https://assist.ftx.com/hc/en-us/articles/360044838051-FTX-Security-Features-#h_64f31960-62c3-4eff-8335-3ada4f3268c7
► FTX KYC ranges: https://assist.ftx.com/hc/en-us/articles/360027668192-Individual-Account-KYC
► Depositing fiat on FTX: https://assist.ftx.com/hc/en-us/articles/360042050452-Depositing-Withdrawing-Fiat-
► FTX charges & FTT reductions: https://assist.ftx.com/hc/en-us/articles/360024479432-Fees
❓ Who Are FTX? ❓
FTX is a world crypto alternate headquartered in Hong Kong. What’s necessary to know is that FTX is a very separate alternate to FTX US – they’ve utterly separate order books.
Recently, FTX had one of many largest fund rounds for any crypto enterprise. $900 million was raised at a whooping $18 billion valuation. So yep, they’re a severe crypto enterprise.
Also, it’s best to know that FTX was really incubated by the legendary crypto VC agency, Alameda Research – one of many high crypto VC companies.
But what ties FTX, FTX US and Alameda Research collectively? Well that may be their groups. The most notable is CEO and founder Sam Bankerman-Fried – a really spectacular chap who has popped on the radar at Forbes.
🔒 Security 🔒
At FTX, your account may be secured by a plethora of safety precautions. That contains issues like 2FA, a separate password to authorize withdrawals, login monitoring, deal with and IP whitelisting and far more!
⁉️ What Cryptos Are Listed? ⁉️
Watch my vid and I’ll present you discover if that crypto you need is listed on the alternate.
💵 How To Deposit Fiat 💵
If you need to deposit USD, GBP or Euros you’ll have to move KYC stage 2. To do that you simply’ll have to add a proof of deal with doc and a photograph of your passport or related authorities issued picture ID.
Once carried out you possibly can go about making that fiat deposit – I present you precisely how in my video.
₿ How To Deposit Crypto? ₿
If you need assistance right here, leap to this part within the vid and I’ll present you the way step-by-step.
💰 Trading Fees 💰
FTX has a tiered buying and selling price construction. The highest charges stand at simply 0.02% in maker charges and 0.07% in taker charges. Further price reductions can be found based mostly on 30 day buying and selling quantity – however we warned these tiers take a variety of crypto buying and selling to get.
You can additional scale back these charges by holding FTT tokens. I additionally present you how one can get instantaneous price reductions in my video. So you should definitely watch if that pursuits you.
📈 How To Trade On FTX? 📈
For my full FTX buying and selling walkthrough, you’ll need to watch my video.
🤔 Other FTX Features 🤔
There are a plethora of markets accessible on FYX, However, a lot of them I merely can not suggest to inexperienced persons. But a few of you may be excited by buying and selling tokenized shares like Alibaba, Tesla, Amazon, Apple and far more.
There are additionally prediction markets accessible on the alternate. One of those is a market on whether or not Trump will win the 2024 US election.
Then there may be an NFT market. Yes, that’s fairly restricted now. However, I think about this may enhance over time.
You may automate your buying and selling methods at FTX utilizing their Quant Zone and the alternate does supply the choice to earn crypto curiosity through margin lending. On high of that, there are a number of fascinating IEOs every now and then on FTX.
📜 Disclaimer 📜
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Trading cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific final result.
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