May 3, 2024

FTX Launches US Crypto Derivative Exchange

Crypto derivatives exchange FTX has announced the launch of the FTX platform. U.S. focused on the U.S.users.

</p>

The new exchange has trading pairs with six crypto assets - Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Paxos Gold (PAXG) and Tether stablecoin (USDT).

In conversation with The Block FTX founder SamBankman-Fried said that the new platform can offer the market a “bunch of liquidity”, competitive commissions and “a lot of things.” At the same time, FTX.US has a book of orders separate from the main FTX platform.

The developers promise in the near future to introduce a mobile application and add support for over-the-counter (OTC) trading.

“I think American users have been underserved by cryptocurrency services for a long time.”“Bankman-Fried expressed his opinion. —And I'm glad to try to push the industry forward. ”

FTX.US is available in almost all US states, with the exception of New York and Washington.

Earlier today, ForkLog reported that the FTX cryptocurrency exchange chose Coinbase Custody to store its own FTT tokens.