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FTX Supported Crypto: Which Coins Can You Trade?

 

FTX Supported Crypto: Which Coins Can You Trade?
FTX Supported Crypto

Amysite - Futerex allows you to trade over 30 cryptocurrencies, including most of the top coins by market cap (and many more besides). If you’re new to the world of crypto and are wondering which coins are available to trade on FTX, you’re in luck! Here’s a list of all the cryptocurrencies that Futerex supports, including what they do and some info about their development teams. 

For each coin, we’ve also included links to their official websites and Twitter accounts so you can find out more about them and keep up with the latest news and developments.


What Are Cryptocurrencies

A cryptocurrency is a digital or virtual asset designed to work as a medium of exchange. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. 

Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. FTX offers support for more than 25 cryptocurrencies. The most popular crypto assets include Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), Monero (XMR) and Cardano (ADA).


Exchanges That Support Cryptos

FTX is a young exchange but it's already making waves in the crypto community. The exchange supports a variety of cryptocurrencies, making it a great option for those looking to trade altcoins. Here's a list of all the FTX supported cryptos you can use when trading on FTX. 

Faster than Bitcoin, Ethereum is a decentralized platform that allows peer-to-peer transactions with smart contracts and increased processing speed. 

Ripple is an open-source protocol created by Ripple Labs Inc., which aims to improve how money moves around the world. It provides financial institutions and banks with faster transaction speeds while lowering costs. 

Bitcoin Cash was created as an alternative version of Bitcoin with smaller blocks and less expensive fees to make transactions quicker and more cost effective. 

Litecoin was created by Charlie Lee as an alternative cryptocurrency based on Bitcoin with faster transaction speeds than Bitcoin or Ethereum and lower fees than any other major cryptocurrency like bitcoin or ethereum makes Litecoin a low cost solution for cryptocurrency transactions.


The Pros and Cons of Investing in Digital Assets

Digital assets, like any other investment, come with their own set of pros and cons. On the plus side, digital assets are often open 24/7, have low barriers to entry, and can be traded on a number of different exchanges. However, they can also be volatile, are not regulated by governments, and are subject to hacking and theft.

So before you invest in digital assets, be sure to do your research and understand the risks involved. If you are looking for cryptocurrencies that FTX will support, we currently offer Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP).


Which Coin is the Best Investment?

There are many different cryptocurrencies available on FTX, so it can be difficult to decide which one is the best investment. However, by doing some research and considering your goals, you can make an informed decision. 

Some factors to consider include the coin's market cap, price, and trading volume. Additionally, it is important to look at the team behind the project and the roadmap to see if they have a solid plan for the future. The cryptocurrency industry is still in its infancy, but that doesn't mean it will not grow in the near future. 

There are many cryptocurrencies available for trade on FTX. Bitcoin has the largest market cap and highest liquidity among all other crypto coins with a market cap of $8 billion USD. Ethereum follows closely with about half of Bitcoin's market cap with a value of $4 billion USD. Zcash has shown great promise this year as well as Monero, Litecoin, Dash, Ripple, IOTA and more.


Final Thoughts on Investing in Digital Assets

In the past few years, cryptocurrencies have become a popular topic of conversation. Some people believe that digital assets are the future of money, while others think they're nothing more than a fad. No matter what your opinion is, there's no denying that cryptocurrencies are here to stay. 

If you're interested in investing in digital assets, you may be wondering which coins are supported by FTX. Here's a look at the cryptocurrencies available on FTX and the trading pairs for each one. Bitcoin BTC/ETH, Ethereum ETH/BTC, Litecoin LTC/BTC, Ripple XRP/BTC and Stellar Lumens XLM/BTC 

  • -Litecoin LTC/ETH and Bitcoin BTC/LTC trade pairs were introduced on September 17th
  • -Bitcoin Cash BCH was added as an exchange pair for ETH on October 9th 
  • -Stellar Lumens XLM was added as an exchange pair for BTC and ETH on November 7th -The ftx crypto platform now supports over 500 digital currencies with 25 different trading pairs