π² Insider Info in my Socials π
π FTX US: Get 1st $30 In Fees Off & 10% Discount π
π Check Out My Merch π
π₯ TOP Crypto TIPS In My Newsletter π
πΊ Top Crypto VCβs π
~~~~~
– TIMESTAMPS –
0:00β Intro
2:08 Who Are FTX US?
5:53 FTX US & The USA Market
8:29 Supported Assets
9:44 Exchange Security
11:46 About KYC & How To Do It
12:55 How To Deposit?
15:19 Trading Fees
17:08 How To Trade On FTX?
19:29 Other Exchange Features
21:49 Final Thoughts
~~~~~
βοΈ π Useful Links π βοΈ
βΊ Latest FTX funding round:
βΊ Alameda Research:
βΊ FTX acquires Blockfolio:
βΊ Blocked countries:
βΊ Listed coins:
~~~~~
β Who Are FTX US? βββ
Unsurprisingly, the US facing exchange is a subsidiary of FTX. However, the two exchanges have separate order books.
FTX US is based in Berkeley California and posts some whooping daily trade volume numbers. The exchange has also raised $900 million, from 60 investors, with the latest funding round valuing the business at $18 billion.
Hereβs another fun fact, FTX was incubated by crypto VC firm, Alameda Research. Who are on the top VC firms in crypto.
It is the team which ties FTX, FTX US and Alameda Research together. With many personnel working for all three organisations.
πΊπΈ FTX US & The USA Market πΊπΈ
It seems that FTX US is making waves in the US in a big way. Recently they closed a five year sponsorship deal to sponsor Major League Baseball, a $135 million NBA deal, and in American football they have signed up Tom Brady as an ambassador.
π° Supported Assets π°
Yes, FTX US doesnβt have the largest selection of supported assets. However, I imagine that most people getting started in crypto are only going to be dabbling in the major cryptoβs anyhow.
There are 20 coins to shoes from, which is a pretty good selection versus most US friendly options.
π Exchange Security π
One thing that will be on many US users’ minds will be regulation. Well, FTX US is generally regulated on both a Federal and State level. Primary regulatory obligations are done within the US, hence why they are based in California.
In terms of compliance, FTX US is registered as a Money Services Business with FinCEN. On the anti-money laundering side of things, FTX is also working with Chainalysis to monitor suspicious cryptocurrency transactions.
When it comes to account security, FTX supports two-factor-authentication using Google Authenticator, to further secure your account. You can also strengthen your withdrawal security with passwords and address whitelisting.
π΅οΈββοΈ About KYC & How To Do It π΅οΈββοΈ
At FTX US you will be asked for the usual dossier of documents. Yes, that is tedious. However, that is the price you pay for using a regulated crypto exchange. Check out my vid and Iβll show you exactly how to get through KYC.
π΅ How To Deposit? π΅
Here you can deposit using a wire transfer, ACH deposit, use a credit or debit card, deposit crypto or use something known as the Silvergate exchange network.
Honestly, the cheapest way to deposit would be using ACH. I show you how to do that step-by-step in my video.
πΈ Trading Fees πΈ
If you are like the rest of the 99% of crypto dabbles then you will be trading less than $100k a month. That means on FTX US that youβll be paying a base fee of 0.4% in taker and 0.1% in maker fees.
Yes, there are lower fees available if you are a whale trader.
π How To Trade On FTX? π
Watch my vid to check out my trading walkthrough.
π₯οΈ Other Exchange Features π₯οΈ
After a great day in the markets, some of you might want to reward yourself with a little treat. But how do you do that easily? Well, with a crypto Visa card of course! FTX offers virtual cards to US users. So, thatβs definitely worth checking out.
Then you have the FTX US NFT marketplace. Pretty neat for NFT dabblers. However buys and sellers do pay 5% in fees for each trade.
When it comes to customer support, FTX US does have a ticketing system – quite standard for crypto exchanges.
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#FTX #Crypto #Exchange #Trading #Bitcoin #Ethereum
Source: Coin Bureau
24 Responses
Have any of you guys used FTX US? How does it compare to Coinbase Pro or Kraken? Keen to know! Don't forget to follow me on my other social channels for the content you are not getting here π https://guy.coinbureau.com/socials/
@coinbureau XRP update?
Hi Guy, quick question. With your Crypto.com card do you stake for the benefits or just use the card with no staking?
Its Funny that there has to be US FTX and a other one. US user are starting to see that US user have more fees and less Features then others. All in the name to protect US users.
Can I use the coinbureau referral on the non US FTX exchange?
Its rediculous we cant trade with leverage in America. I genuinely believe our politicians and elites in general do everything they can to limit our ability to prosper, its disgusting, all the big hedge funds and super rich people can short/long the market, why cant I? And who do they think they are saying its for our 'protection' gimme a break. If i want to take a risk I should be able to, no questions asked
VAMPDOGE is gonna go to the MOON soon go invest on their presale NOW! BSC Presale coming soon! Releasing at just 500 members. You dont wanna be 501th member right?
So is it going to moon?
Iβve noticed that a lot of the NFTβs on FTX have a price with the number 666 in it. Very sus
New York is such a backward state about crypto
Any plans to cover CSPR? Amazing project
Hi this is not some sneaky ad, just seeking some possible insight.
I bought some Kalata tokens, and think that I may have been impulsive and bought into a scam
If anyone knows their shit can you give some evaluation.
Why do people trivialize funding accounts using Plaid? Why should I have to give up my credentials just to fund my account via ACH? Other sites still let you use the micro deposits with routing numbers etc although I've not actually seen it work yet.
make video on ftx global
Best NFT on Binance : ERN SUPER ALICE TLM πππ
Thanks for the conent Mate ! After list of Centralized Academic and Athletic Elite, i am definitely not down with FTX or their Serum. Please provide more content on those Crypto Projects, Coins, Tokens and Blockchains that separate Money and Assets from Identity !!! Based on your past content I believe you have a Tender Heart where this is concerned ππ
ftt coin to the moon
hey man i think you should consider your Youtube videos as unique NFTs on Uquid platform
I am absolutely stumped on all these new billionaires and why they can't help feed the world?! Where is all this money coming from?
The Doge family would like to welcome a new member. Vamp doge! This one is rebellious and it's got a blazing presale.
Your Reddit AMA was π₯
i love this channel
Please do you have a registeration code for ftx.com and not ftx us as i am in the uk. Thanks so much
Love to see a video on some low price altcoins under( $1,00) USA ,,, something that we can pickup lots of coins with couple thousand ( gamble). Possible upside ( great) Thanks