FTX provides a unique and innovative crypto derivatives trading platform which has been built by traders, having in mind all possible features a trader should have available in a trading platform. Although the platform is well desinged and user friendly, it can be said that it is mostly aimed for experience traders.
Crypto derivatives trading means that clients can trade contracts on assets rather than owning the assets themselves. Certain countries, like UK, have recently announced more strict rules and regulations notifying Financial Firms in regards of onbiarding retails clients in highly risk investments.
FTX traders have the ability to trade using leverage (currently up to x100) while standard smartphones APP are also available for Android and iOS for mobile access. Fee discounts are applied to several cases, while using FTX's local token - FTT - discounts upon fees can become larger and with more advantages like possible future airdrops. Deposits can be processed via several cryptocurrencies and stablecoins or using fiat currencies via credit / debit card or bank wire transfers.
The company offers a unique service for staking, lending and earn passive income with the use of several cryptocurrencies and stablecoins depending the interest rate each one is having. Another unique financial service provided for earning passive income is to first buy stocks (like Tesla, Apple, Amazon, Facebook, Netflix stocks, etc) and then set your account's parameters and lend these stocks with respective interest rates.
For US clients we strongly advise you to contact FTX support Department for more details and clarifications.