FTX US Referral Code & Full Review

FTX_US

FTX US Referral Code 2022

New customers that use our exclusive FTX US Referral Code: BESTBONUS new users will receive 5% off their trading fees! Or use our FTX US referral link (like this one).

FTX.us Referral CodeBESTBONUS
OfferSave 5% on your trading fees by using the code above or following our FTX.us link.
Terms and ConditionsNew users only. Must be 18+. Valid at FTX.us
Last VerifiedAugust 2022

Data is the backbone of most financial decisions, but investing runs on data. Good data can turn a modest portfolio into a truly potent one, but how do you get the right balance of data to make proper decisions? It’s all about the platform. 

Key features

  • Spot market for crypto.
  • Branded debit card for traders to spend crypto balances worldwide.
  • Crypto options and features available 24/7.

What is FTX US?

FTX US bills itself as a platform “built by traders for traders,” immediately making it clear who the site is for and who would be better off looking at alternatives. It’s a bold move for an exchange that hasn’t been around very long. 

How does FTX US work?

FTX US focuses on buying and selling cryptocurrency. Interested traders can sign up for an account where they will have to pass through a verification process. Once traders sign up, they can participate in the spot market, futures, and NFTs. 

FTX US fees and costs

  • Trading fees are tiered based on volume in the last 30 days
  • Margin trading has its own set of fees
  • Wires below $5000 are free to withdraw once a week. After that, it’s a $25 fee
  • One ACH deposit over $10 a week is free (ACH deposits over $100 are free)
  • No deposit fees for blockchain transfers
  • 2% fee for NFT sales
  • $3 to mint/list your own NFTs 
  • Subsidized gas fees for withdrawing Ethereum NFTs

FTX US pros and cons

Pros

  • Margin trading / derivatives available
  • Easy fiat handling
  • Regulated with multiple levels of verification 
  • FTX Card for spending crypto balance

Cons

  • Site is in a dark theme, which can be hard to read
  • Geared towards advanced investors
  • No live support

Pros

Margin trading available

For seasoned traders, margin trading is a viable strategy. FTX makes this very easy to pull off, provided you meet their eligibility requirements

Easy fiat deposits and withdrawals

Since you’re already verified, you might as well use fiat currency to push your crypto portfolio forward. FTX US makes it easy to use your bank account, debit card, or wire transfers to deposit USD into your account. 

Multiple levels of verification

Regulation is definitely part of FTX US; they require identity verification because of the heavy regulation. However, this allows for other features that aren’t always present, like the easy fiat currency additions and margin trading. 

FTX card for spending your crypto

The FTX card lets you spend your crypto balance at merchants worldwide without additional fees. It’s a great way to be able to use your crypto on your terms.

Cons

Dark theme

While some people like the dark theme for readability, it makes the site’s features feel even busier. The option to toggle light and dark would be ideal. 

For advanced investors

This is not the most beginner-friendly crypto platform around. This is absolutely aimed at seasoned crypto traders. 

No live support

Live support would definitely take FTX US to the next level. Currently, the only thing that you can do for support is enter a ticket and have someone message you back. 

Who should use FTX US?

The best person for FTX US is an intermediate to advanced crypto trader. This is someone who isn’t going to be overwhelmed by the multiple data streams found on the dashboard or the chance to engage in margin trading.  

While beginners can sign up for the site, it’s clear within a few minutes of using the platform that it isn’t geared towards beginners. Other crypto platforms have more educational resources for beginners than FTX US, which is fine since this platform is for a totally different audience. 

Usability

Usability is one of the sore spots of FTX US; seasoned crypto people are accustomed to sites that aren’t very user-friendly. While the wealth of features is definitely worth using the site, it can take a while to learn where everything is. 

The platform isn’t as intuitive as other sites. However, the mobile version is a bit easier to use than the desktop version. 

Trading tools and features

  • Quant Zone Rules
  • FTX Pay 
  • Fast Crypto Conversions
  • OTC Trades 

Quant zone rules

Being able to set up automated rules for trading is a powerful feature. Quant Zone lets you not only build trading strategies but share them as well. From the help center, an example rule would be to do a market buy on BTC/USD but only if BTC goes above $9000. 

Rules aren’t perfect; there can still be errors if they aren’t written properly. However, it is a potent feature when used carefully.

Fast crypto conversions

You can convert between cryptocurrencies quickly on FTX US; there’s a spot in the wallet just for that purpose. In addition, you can convert between crypto and fiat just as quickly. 

OTC trades

OTC (Over the Counter) trades are a strong part of the investing world. FTX US allows for OTC trading as long as you have already passed KYC/AML verification. The trades are designed to be zero fee, with tight spreads and quick settlements. 

Crypto investing

  • Aave (AAVE)
  • Algorand (ALGO)
  • Avalanche (AVAX)
  • Basic Attention Token (BAT)
  • Bitcoin Cash (BCH)
  • Brazilian Digital Token (BRZ)
  • Bitcoin (BTC)
  • Chainlink (LINK)
  • Compound USDT (CUSDT)
  • Dai (DAI)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Graph (GRT)
  • Kilo Shiba Inu (KSHIB)
  • Litecoin (LTC)
  • Polygon (MATIC)
  • Pax Gold (PAXG)
  • Shiba Inu (SHIB)
  • Solana (SOL)
  • Sushi Swap (SUSHI)
  • Tron (TRX)
  • Tether (USDT)
  • Uniswap (UNI)
  • Wrapped BTC (WBTC)
  • Yearn.Finance (YFI)

FTX.US NFT trading

FTX.US, unlike many other crypto exchanges, offers an NFT marketplace where users can buy, sell, and trade NFTs. Users can even mint and list their own NFTs. Remember, new customers that use our exclusive FTX.US Referral Code: BESTBONUS, or our FTX US referral link, will receive 5% off their trading fees! 

The NFT Marketplace

The platform works similarly to other NFT marketplaces like OpenSea. Each NFT collection has a “floor price” which represents the lowest price of NFTs in the collection, as well as a trading volume that shows how actively trading the NFT collection is. Some popular NFT collections on the platform currently are:

NFT Fees

FTX.US fees are relatively competitive for their NFT marketplace with a 2% fee on all NFT sales and a $1 fee to mint or list your own NFT.

Gaming Tokens

FTX.US does not currently have exchange markets for any gaming tokens. The international FTX.com website, however, supports $AXS (Axie Infinity), $SAND (The Sandbox), $GALA (Gala Games), $STEPN (STEPN App), and $MANA (Decentraland), among others, so that gives us hope that FTX.us will soon also have support for some of these tokens.

How to sign up for FTX US

Step 1:  Go to FTX.US and click on Create Account.

How to sign up for FTX.us

Step 2:  Enter your legal name.

How to sign up for FTX.us

Step 3:  Enter your address.

How to sign up for FTX.us

Step 4:  Enter your phone number. The site will send you a code that you’ll need to enter.

How to sign up for FTX.us

Step 5:  Enter your social security number.

How to sign up for FTX.us

Step 6:  Fund your account.

How to sign up for FTX.us

This is what your dashboard should look like when you finish: 

How to sign up for FTX.us

Best FTX US alternatives

  • KuCoin: The trading volume of KuCoin is high enough to facilitate great trading, and their documentation library only continues to grow.
  • Binance: Binance allows for margin trading, easy conversions, and fiat deposits/withdrawals with a flexible interface.
  • Gemini: Buy, sell, and lend crypto with the same amount of ease as FTX US. Being able to lend out crypto is great for those seeking passive proceeds on their tokens.
  • Coinbase: This was one of the original crypto exchanges and has a longer track record than FTX. The feature set isn’t as rich, but it is much easier to use.

To sum it up

For the right type of trader, FTX US is definitely a great platform. Between advanced features like Quant Zone Rules and margin trading to multiple charts to track crypto movements, it’s perfect for swing trading, margin trading, and OTC trades as well. Advanced traders will enjoy having a site that just feels made for them.

add remove Is FTX available in the U.S?

FTX.com is not available in the U.S, but people in the U.S can use FTX.US.

add remove What coins are on FTX US?

Multiple coins are available on FTX US, including AAVE, BTC, ETH, GRT, LINK, SOL, USDT, and more.

add remove Can I connect my wallet to FTX US?

Yes, you can set up payments to an external wallet. 

Serise Lange avatar
author
Serise Lange is a freelance writer specializing in crypto, commercial real estate, insurance, and personal finance. She can be found digging into the latest trends, deals, and steals while looking forward to the next round of street tacos. No cilantro, please.