FTX is a crypto-derivative exchange platform, founded by Sam Bankman-Fried and incubated by Alameda Research. The project works in collaboration with TUSD and USDC, among others. It offers several innovative products, including crypto-based futures, leveraged tokens, USDT futures, and OTC trading functionalities. FTX’s clawback prevention mechanism leverages a three-tier liquidation model, minimizing the risk of socialized losses. Its universal stablecoin-based settlement approach assists traders in rebalancing their positions while preventing undesirable liquidation. Further, it involves a unified margin wallet. The FTT Token is FTX’s native utility coin, representing use cases like token burn, exclusive discounts, collaterals, transaction and listing fees, white-label solutions, and socialized gains.
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy FTX Token, than our closest competitors.
Verify online instantly without uploading documents and deposit NZD to start FTX Token trading.
Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.Create a free account
Deposit and withdraw NZD via bank transfer.
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.