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.
HQ Based | Bahamas |
Settlements | |
Supported Merchants | |
Fee structure | 1% flat fee |
Bank fees | |
Currencies | BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSD |
Payment Methods | BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSD |
Recurring Payments | |
Developer Friendly | |
Apple Pay Support | |
Point of Sale Support | |
Unsupported Paid Feature Supported Unknown |