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Review: FTX US cryptocurrency exchange

Trade a wide range of cryptocurrencies with competitive fees on FTX US.

  • Good for low fees and wide selection
  • Not so great for beginners

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Andrew Munro
Last Updated

6

Fiat currencies

19

Cryptocurrencies

Details

Product Name FTX.US Cryptocurrency Exchange
Fiat Currencies USD, AUD, EUR, CAD, GBP, SGD
Cryptocurrencies BTC, ETH, LTC, UNI, DAI, TRX, BAT, BCH, SOL, DOGE & 5+ more
Deposit Methods Bank transfer (ACH)
Cryptocurrency
Wire transfer
Trading Fee Maker: 0-0.10%
Taker: 0.05-0.40%
Deposit Fees ACH: Fees vary
Wire Transfer: 1%
Silvergate Exchange Network (SEN): Free.
Withdrawal Fees Wire Transfer: 1%
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
  • Supported cryptocurrencies: Approximately 19 cryptocurrencies

Which payments methods are accepted?

  • Bank transfer (ACH)
  • Cryptocurrency
  • Wire transfer
Go to FTX US's website

What’s it like to use FTX US?

1. Start exploring the range of cryptocurrencies FTX US offers.

2. Large trade? Avoid slippage with FTX's OTC desk.

3. Enjoy a clean trading interface.

‹ ›

Fees and limits

The fees below are accurate as of 30 March 2021.

Platform trading fees

30-day trade volumeMaker feesTaker fees
$00.10%0.4%
>$100k0.08%0.3%
>$500k0.06%0.2%
>$1m0.05%0.15%
>$5m0.04%0.10%
>$10m0.03%0.08%
>$15m0.02%0.07%
>$30m0.01%0.06%
>$50m0.00%0.05%

The above trading fees apply to unleveraged spot markets. Fees will vary when using leverage.

Deposit and withdrawal fees

DepositWithdrawal
Bank transferNoneNone
Wire transferUp to 1%Up to 1%

How fast will my funds be available?

Deposits

Clock icon for transfer speed

Same day

USD transfers are typically processed on the same day on weekdays. Other currencies may take longer.

Withdrawals

Clock icon for transfer speed

Same day

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?

Go to FTX US's website
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What else do I need to know about FTX US?

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.

In a nutshell

Pros

  • Sophisticated trading platform
  • Margin trading available
  • Good selection of cryptocurrencies
  • Low fees

Cons

  • Severely curtailed compared to FTX global
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Compare FTX US against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA LLC Cryptocurrency Trading
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

25
cryptocurrencies

Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
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Robinhood Cryptocurrency Exchange
Robinhood Cryptocurrency Exchange
Bank transfer, Cash, Debit card
USD

17
cryptocurrencies

Trade a handful of leading cryptocurrencies with this easy to use mobile app.
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Gate.io Cryptocurrency Exchange
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Frequently asked questions

Go to FTX US's website
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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