Benefits Of Trading Digital Assets on FTX Crypto Exchange

Edmundrauscher93@14 Jan, 2022Business

FTX is one of the most popular crypto exchanges at the moment. It provides valuable tradeable products for users. Read on for more details about the exchange. The co-founders Gary Wang and Sam Bankman-Fried launched FTX exchange in May 2019. This exchange was strongly endorsed by a well-known quant crypto trading firm named as Alameda Research. The reason is that in 2017, Sam Bankman-Fried was also the CEO of Alameda. This kind of support contributed a lot in the credibility of FTX. Moreover, one of the biggest crypto exchanges that was supporting FTX was Binance. In December 2019, the company Binance became an official backer of FTX exchange. However, in July 2021, both these exchanges parted their ways, mainly because of their competing offering and trading products.