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FTX compared to Bolt

FTX
Versus
Bolt

Features

PSP Features of FTX compared to Bolt
FTXFeaturesBolt
BahamasHQ BasedSan Fransisco, California, USA
Settlements
Supported MerchantsBolt keeps a list of supported merchants on their website
1% flat feeFee structure1.8% of transaction
Bank fees
BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSDCurrencies
BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSDPayment Methods
Recurring PaymentsYes, via Recurly or other recurring payment services
Developer Friendly
Apple Pay Support
Point of Sale Support
Unsupported Paid Feature Supported Unknown

Descriptions

FTX

Founded in 2019, FTX grew to be one of the giants in the Crypto Exchange markets really fast. Co-Founder Sam Bankman-Fried, once a Jane Street Capital ETF trader, Founded FTX because there was a need for Cryptocurrency derivatives market.

FTX then grew further by making a number of acquisitions at high valuations, like Cryptocurrency Portfolio app Blockfolio for $150 million and the naming rights to the Miami Heat’s basketball stadium in 2021.

FTX is one of the biggest cryptocurrency derivatives exchanges world wide.

Bolt

Founded in the USA in 2014, Bolt was created to set a new standard for eCommerce.

The team at Bolt spent over 2 years before launching their first version of their Checkout product.

Bolt got serious VC traction starting around 2016, where they raised over $215M in VC Funding and growing their team significantly.

Bolt now has a ‘CheckoutOS’ which consists of products that include checkout, payment and fraud detection.

Customers of Bolt include Akira, Forever 21 and Solo Stove.

Comparisons