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⚠️DOUBTFUL FTX.com Reviews: SCAM or LEGIT?

3.33 star(s)
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Yugocean

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FTX.com is a cryptocurrency exchange platform founded by Sam Bankman-Fried, this company have collaboration with other leading firms like Binance, Circle, BitFinex etc.

Fees are charged in the received currency, fees is deducted in crypto if a trader buy BTC, and deducted in fiat currency when trader sell crypto to fiat currency.

This platform also have referral and VIP programs. Members earn 25%-40% commission of their referrals' fees , referred members also get 5% return. VIP members get discount in fees, but their upline do not earn from it.

What are your reviews on FTX.com ?
 
I have just started to use them. You can also exchange and trade stocks and fiat (and of course crypto) on the site. Great trading platform. Staking your crypto is also an option and they have their own crypto coin called $FTT.

Also they have a great smartphone app.

Fun fact: FTX has just become the stadium sponsors for the NBA team Miami Heat and owns Blockfolio now. They are growing fast.

I have posted a link to the site down in my signature below if you want to sign up.

I will post payment proof when I have some.

Good earnings and stay safe :)
 
It was only a year that this company of SBF (Sam Bankman-Fried) is in a lot of discussion due to giving loans to many other sinking companies, and trying to acquire some. In a wonderful way, FTX is currently competing with the big platforms like Coinbase and Binance despite Bear market.
 
Update

FTX is ready to acquire well known and early developed crypto loan providing platform BlockFi for a considerable amount of $240 million.
BlockFi was struggling after Luna debacle and fine by Iowa State, with many other States keeping investigation open.​
 
Update

FTX has also protected its tweets, now leave reacting to their information, common people will not even know what information the company has given.
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At the moment, FTX is a rapidly growing platform, and it is strange to keep news about it safe from the public on social media, however, the company's CEO SBF has not hidden his account.​
 
FTX is a good and legit exchange. I have people around me that are using the platform and have no issue with them. I would have tried the platform but I am ok with Binance exchange as I see it as the best cryptocurrency exchange platform.
One crypto exchange I would advise people not to rely much is hitbtc. I have had few bad expirence with them.
 
Controversy Update

Crypto watchdog FatMan has blamed SBF for the present condition of Voyager Digital. SBF's both firms FTX and Alameda, which was trying to help Voyager are being blamed for trying to bankrupt a firm in attempt to hurt them and acquire in name of help.

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Controversy Update

Crypto watchdog FatMan has blamed SBF for the present condition of Voyager Digital. SBF's both firms FTX and Alameda, which was trying to help Voyager are being blamed for trying to bankrupt a firm in attempt to hurt them and acquire in name of help.

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Well they better withdraw then if people actually have that kind of thought towards ftx motive. Maybe they seem to come into matters arising from the distressed companies too quickly like they really want to handle issue , which makes it look like they've got a hidden agenda
I think there might be some truth in their observations. I've heard good reviews about ftx but not yet using the platform, i use coinbase which have been around much longer than ftx.
I even heard ftx are willing to deploy "hundreds of millions beyond what they have thus far" to help digital currency companies affected by the crypto market downturn. Which to me doesn't sound like truth, I don't know💁‍♀️ just my own thought.
 
I even heard ftx are willing to deploy "hundreds of millions beyond what they have thus far" to help digital currency companies affected by the crypto market downturn. Which to me doesn't sound like truth, I don't know💁‍♀️ just my own thought.
It's up to the people whether to invest in FTX or not, as far as I'm concerned, SBF isn't closing out withdrawals from its firm (as long as it has liquidity), but SBF is blamed for Celsius' downfall, and present condition of other firms in the name of help. Even BlockFi is taking help from FTX.
 
Fortune Update

The new cover of Fortune Magazine has been released which have SBF in it. In the magzine, Jeff John Roberts has criticized SBF, the 30-year-old billionaire CEO of FTX, although the comment has more negative, but JJ Robers also described SBF as the next Warren Buffett.

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FTX Positive With Solana

CEO SBF is not blaming the blockchain on the Solana hack, he believes that there was no problem with the core / internal infra of the blockchain, but in the third-party application used by people. SBF is hinting people that Solana is good crypto and people can invest and trade it on FTX.

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FTX Reddit Partnership

In an important step, FTX has partnered with the renowned social blogging platform Reddit.
As part of this partnership, FTX will allow Reddit users to transact with their Community Points on-chain.

The launch is not encouraging as of now, as this gas fee is Ethereum-based, and Reddit users are finding it pointless.

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Get To Know

A new feature "GetToKnowCrypto" has been launched by FTX today to entice new consumers. It will provide basic information for newcomers to the crypto sector, and give crypto experts an opportunity to showcase their crypto skills. Although it is not known if there is a reward for showing good crypto skills.​

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They are trying to compete with coinbase and binance but each of them have an established user base and when it comes to promotions first comes binance if worldwide and coinbase if its Us , So ftx is new here and they will need to develop a better plan to make their brand presence more than both of the companies .
 
They are trying to compete with coinbase and binance but each of them have an established user base and when it comes to promotions first comes binance if worldwide and coinbase if its Us , So ftx is new here and they will need to develop a better plan to make their brand presence more than both of the companies .
Thats correct, FTX have a long way to go; it become popular due to SBF's interfere in collapsing market, yet that wasn't helping hand, it was acquisition attempt; however some of the platforms, including BlockFi are still taking help from FTX, which gives the site an edge.
 
No doubt ftx has been gaining reputation through such moves and binance through blocking of usees funds comes lower in users trust now , no doubt the people prefer now the safety of their funds and are using exchanges like coinex which is a proper one , I don't promote it , but its really simple there , no kyc , fast support and no withdrawal issues , binance need to learn from them to respect their customers truely .
 
FTX is promoting itself while spreading the knowledge about crypto in world famous tax heaven Bahamas, they will find loyal members too, Bahamas is very rich.


the people prefer now the safety of their funds and are using exchanges like coinex which is a proper one
I know about it, there is a BMF thread on CoinEx, but what creator said about it, that was not believable, so I never tried it. I will use a small amount to check this one too.
 
You can try that , I have been using them since few months ( and in the last 2 months , there has not been a single issue that has not been sorted out by the support in less than 30 minutes , and there are some benefits of free withdrawal via the bch option as well which is a great feature for the users of the exchange platform .
 
A hackathon is underway to improve the FTX website.

A hackathon is a social coding or codefest in which computer programmers and interested people join to create new software programs or improve old ones.

SBF claims that the FTX hackathon will create a lot of things.

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