What Is FTX.US?
FTX.US is a cryptocurrency exchange designed for traders of all levels, offering instant crypto purchases for beginners and advanced tools like spot, margin, and derivatives trading (including futures and options). The platform also features an NFT marketplace supporting Ethereum and Solana NFTs, alongside additional services such as the FTX Card, OTC trading, and FTX Pay.
Owned by West Realm Shires Services, FTX.US operates independently from FTX International and complies with U.S. federal and state regulations, holding licenses like Money Transmitter and Designated Contract Market.
Founders and Launch
- Sam Bankman-Fried (SBF): MIT graduate in physics, former Jane Street Capital trader, and founder of Alameda Research.
- Gary Wang: MIT alum and ex-Google engineer, serving as FTX’s CTO.
FTX.US launched in 2020 to serve U.S. customers restricted from FTX International due to regulatory constraints.
Supported Countries and Coins
Restricted Regions
FTX.US does not onboard users from:
- Cuba, Iran, North Korea, and other U.S.-sanctioned territories.
- Ontario (Canada), New York State (U.S.), and non-professional investors in Hong Kong.
Available Cryptocurrencies
Over 30 trading pairs, including:
- BTC, ETH, SOL, USDT, DOGE, UNI, AAVE.
Fee Structure
Trading Fees
- Maker fee: Up to 0.10%.
- Taker fee: Up to 0.20%.
Deposit/Withdrawal Fees
- Wire transfers: Free for deposits ≥$5,000; **$25** for smaller amounts.
- ACH: $0.50** deposit, **$1.50 withdrawal.
- Crypto: Free deposits; withdrawals free except for ETH/ERC-20 and small BTC transactions.
NFT Fees
- 2% seller fee.
- $3 minting fee.
Leverage and Margin Trading
- Margin trading: Requires a $100,000 account balance for up to 10X leverage.
- Derivatives: Access futures, options, and swaps via LedgerX (acquired in 2021).
FAQs
1. Is FTX.US available internationally?
No, it exclusively serves U.S. customers (excluding restricted states like New York).
2. What are the withdrawal limits?
Limits vary by verification level; unverified accounts have stricter caps.
3. Does FTX.US support staking?
Currently, staking is not offered.