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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on FTX by Robiul Islam

Revainrating 4 out of 5

Is FTX exchange safe for trading?

It has a magnificent security record. This gives It a solid notoriety and presence in the business. Anyway while they do have a magnificent security record, they are relative newcomers to this space, having just been around for a year or somewhere in the vicinity.
Henceforth without experiencing the trial of time like different exchanges, I can't state that it is completely protected.
Since FTX has been ranked in the top ten, I can say that FTX exchange is widely used now, maybe it is not completely secure but we can use it based on the security features and daily trading volume.

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Pros
  • An enormous number of trading products.
  • High trading volume.
  • Right now situated top 10 exchanges on coinmarketcap.
  • It has lowest trading fees.
  • No record of hacks up until this point.
Cons
  • Relatively new exchange.
  • Some complain about customer support.

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