FTX is a relatively new trading platform for cryptos. But is it legit? I've been trying it out for the last few months and here is what I've found.
What is FTX
FTX is both an exchange and a derivatives trading platform for cryptocurrency. This means you can trade things like futures contracts and trade Bitcoin using leverage. It's closest competitor would be Bitmex. If you used Bitmex before, then FTX will be very familiar.