FTX.US, a new trading platform introduced by the cryptocurrency exchange FTX has gone live and is now available for US users for trading. FTX’s new US-regulated cryptocurrency exchange FTX.US is initially offering US customers to trade with Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), Paxos Gold (PAXG) and Tether (USDT) in the spot market.
The trading platform of the FTX.US crypto exchange is integrated with a lot of basic features which include Chart-based orders, an entirely functional and institutional API that supports FIX and REST, seamless deposits and withdrawals.
FTX.US offers tons of liquidity
US customers can leverage various features available on the platform of the FTX.US cryptocurrency exchange. The founder and CEO of FTX, Sam Bankman-Fried says that their new US trading platform will offer a lot to customers such as trading leverage of up to 10X and tons of liquidity. The company states on the FTX.US official website:
“We have a history of providing market-leading liquidity--from some of the industry's top market makers to the most liquid futures order books. Because of this FTX.US has had industry-leading order-books from day one.”
Sam Bankman-Fried further reveals that order books of the FTX.US trading platform are separated from that of the main crypto exchange FTX.
FTX.US will compete with other major exchanges
The company believes that the FTX.US will grow rapidly and compete with the other major cryptocurrency exchanges including Coinbase, Binance US, Gemini, and Kraken, etc. The mission of the company for FTX.US is to make it the leading crypto exchange in terms of volume within the duration of the next two years. The company also wants to offer traders a good trading platform to inspire their loyalty.
FTX founder and CEO, Sam Bankman-Fried says that the company aims to introduce more features into the FTX.US exchange in the near future such as an OTC (over-the-counter) trading support and mobile apps. The US trading exchange will also add support for more digital coins to offer variety to its customers.