🇺🇸 US-regulated Cryptocurrency Exchange

FTX and how it offers a regulated American digital economy

🇺🇸 US-regulated Cryptocurrency Exchange
Photo by Maxim Hopman / Unsplash

Today's Highlights

  • FTX - growing the American digital currency ecosystem
  • This Week On BuzzBelow - a recap on this week's topics.
  • In Other News - a few interesting developments we're tracking.

FTX - growing the American digital currency ecosystem

FTX is one of the world’s biggest cryptocurrency exchanges. It offers a variety of trading features and investing opportunities in a professional environment. The exchange offers tons of benefits and features, including various payment methods, which make it easier for users to deposit funds into their accounts and get started with the platform. The platform claims that it takes only three minutes to sign up and start trading.

The platform makes it easy for everyone to invest in or trade crypto with easy crypto purchases and several supported payment methods. The advanced, fast, efficient and accurate trading interface helps both casual and professional traders succeed.

FTX offers a great variety of trading markets, which is good for users who are looking for diversity. Users can trade not only crypto assets but also fiat currencies. The exchange even plans to bring the stock market to the platform. The platform has integrated a massive NFT market. Users can buy, sell, trade or create their own NFTs right on the platform and experience the new era of digital art.

The FTX card helps users pay merchants worldwide with crypto assets. FTX Pay is another innovation in crypto payments, a great payment gateway that makes crypto and fiat payments easier and better.

FTX offers a unique way of purchasing cryptocurrencies. Users deposit funds into their accounts, from which they can buy cryptocurrencies. This means that when the user proceeds to purchase the crypto, it is almost instant, as the funds will simply be converted into the cryptocurrency. The same goes for the selling of assets. The user can sell any cryptocurrency on the platform and receive a fiat currency in exchange that the user can then withdraw from the bank account.

FTX offers professional-grade mobile apps that work not only as a crypto wallet but also a complete interface for trading. Users can access all the available markets, pairs and tools to trade without limitations. The apps are available for both Android and iOS devices.

Samuel Bankman-Fried is the founder and CEO of FTX. FTX has raised a total of $400M in funding.


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In Other News

GameStop Shakes Hands With FTX US After Announcing Q2 Results
The retail gaming giant – GameStop – said it partnered with US brand of the popular cryptocurrency exchange – FTX. Over the course of the agreement, the former will begin carrying FTX gift cards in select stores. In addition, GameStop revealed that its quarterly sales declined to $1.14 billion compa…
Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule
In an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1.2% of every transaction to reduce supply.
White House Suggests Banning Proof-of-Work Mining Used By Bitcoin
The report discusses bitcoin’s energy use and its negative effects on the environment while suggesting possible executive action in the future.

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