Andrew Munro is the cryptocurrency editor at Finder. He was initially writing about insurance, when he accidentally fell in love with digital currency and distributed ledger technology (aka “the blockchain”). Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.
Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.
What fiat and cryptocurrencies are supported?
Supported fiat currencies:
USD, AUD, EUR, CAD, GBP, SGD
Approximately 19 cryptocurrencies
The above trading fees apply to unleveraged spot markets. Fees will vary when using leverage.
Deposit and withdrawal fees
Up to 1%
Up to 1%
How fast will my funds be available?
USD transfers are typically processed on the same day on weekdays. Other currencies may take longer.
USD withdrawals can typically be made on the same day, while other currencies may take longer.
Is FTX US safe to use?
Regulation. FTX US was created by Wall Street and Silicon Valley veterans, and quickly became one of the world’s best-known cryptocurrency exchanges. It is an incorporated corporation in the state of Delaware. It is registered as a money services business with FinCen.
Verification process. Verification is required to use fiat currencies on FTX US.
Security features. Two factor authentication is mandatory and can only be disabled by verifying with FTX, strong passwords are required, and additional security features include withdrawal address and IP whitelisting, and allowing separate passwords for withdrawal and login. Sub-accounts with configurable permissions are available. FTX has engaged with blockchain analysis firm Chainalysis to monitor for suspicious activity, and maintains its own insurance fund.
How do I create an account at FTX US?
Click the Register button at the top of the home page.
Create an account and confirm your email address.
Verify your identity to enable fiat currency deposits and withdrawals.
FTX US is the United States-specific variant of the main FTX exchange. It’s essentially the same exchange with many of the more interesting features and markets stripped away for the sake of complying with stringent US regulations.
FTX also has a native token, FTT, which is not intended for US residents.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
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