FTX.US is one of the newest cryptocurrency exchanges to hit the scene, and it’s quickly making a name for itself as a top choice for traders.
But is FTX.US better than Coinbase, one of the most popular exchanges? Let’s take a closer look.
Coinbase has been around since 2012 and is a regulated exchange in the US, UK, Canada, and Europe. It’s one of the most popular exchanges and allows you to buy and sell Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.
You can also use Coinbase to store your coins in their online wallet.
FTX.US is a cryptocurrency derivatives exchange that launched in 2019. It’s based in Hong Kong but offers service to traders worldwide, including in the US. FTX.
US offers a wide range of derivative products, including futures contracts and leveraged tokens. You can also use the exchange to trade spot markets for cryptocurrencies.
One major difference between FTX.US and Coinbase is that FTX.US offers margin trading while Coinbase does not.
Margin trading allows you to trade with leverage, which can help you make bigger profits – but it also comes with more risk. So if you’re new to trading, you may want to stick with Coinbase until you get more experience.
Another difference is that FTX.US has lower fees than Coinbase.US charges 0.02% maker fees and 0.
075% taker fees, while Coinbase charges 0.25% taker fees (there are no maker fees). So if you’re a high-volume trader, you could save quite a bit on fees by using FTX.US instead of Coinbase.
So which exchange is better? It really depends on what you’re looking for. If you want to trade cryptocurrencies with leverage, then FTX.
US is the better choice. But if you’re new to trading or are looking for a simple way to buy and sell cryptocurrencies, then Coinbase is probably a better fit for you.