![]() The first thing to compare is the security of each platform. You can also reduce your trading fees by holding FTT and paying for your trades with it.įTX will not charge you for any deposit or withdrawal fees except for ETH, ERC-20 tokens, or small BTC withdrawals. FTX has a maker fee of 0.02% and a taker fee of 0.07%, with discounts based on increased trading volume. You can always check their most recent data listed on their fee schedule page.įTX offers a similar fee structure. Their withdrawal rates are not fixed but are determined by the market and tend to fluctuate. Binance will not charge you deposit fees, but they charge a flat fee to cover the transaction costs of moving cryptocurrency out of an account. You can reduce your trading fees by up to 75% by holding Binance Coin (BNB) and paying for your trades with it. When it comes to costs, Binance has the edge.īinance charges a standard fee of 0.1% for all trades. This makes it one of the best Binance alternatives on the market right now.īinance and FTX are two very similar exchanges with low trading fees, fast trading times, and many supported coins. It also offers some of the lowest fees in the industry. Overall, FTX provides a fantastic trading experience that is simple yet powerful. However, if you are a resident in the U.S., you can access their platform through their partner, FTX.US, which offers a similar trading experience - with a few limitations. In addition, FTX provides access to markets like stocks, futures, and leveraged tokens.ĭue to strict regulations in the crypto space, FTX is unavailable in the United States. The makers of this exchange claim that it is built for skilled traders. First, the FTX exchange already supports over 300 cryptocurrencies, which is a huge number compared to some of its competitors.įTX also offers advanced trading functions such as margin and futures trading, which can be appealing to experienced traders. There are several reasons why it's become so popular in such a short space of time. ![]() The platform was launched in 2019 and is incorporated in Antigua and Barbuda and headquartered in the Bahamas. FTX is one of the most popular crypto derivatives exchanges around at the moment and also one of the newest.
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