FTX Discount – Promo Code

-5% Discount on Trading Fees

Pay 5% less on fees!

-5% Discount:

Get your Discount here

FTX discount FAQ

Receiving the discount

Do i need to enter a FTX discount code or coupon to use the FTX discount?

No, there is no need for you to enter a promo code to get the discount.

How do I receive the discount without a bonus code?

There are just a few simple steps:

  1. Click on the link below.
  2. You will see a note like that: “Referral code: 1234567 (5% off fees!)”
  3. Put in your email and choose a password.
  4. Accept the TOS.
  5. Enjoy trading with a reduced fee!

How much discount do I get?


>> Click here to get your discount on FTX <<

FTX discount requirements

How do I know that my account has reduced trading fees?

After you sign up, you will see this info in your account: “You have a 5,00 % fee discount because of your referrer!“.

How high are the fees after the discount?

  • Maker fee: 0,000000 %
  • Taker fee: 0,066500 %

Is this bonus available for registered users?

No, it is a discount for new user accounts.

Can I refer myself to get the discount?

No, this is not allowed!

Is this reduced fee limited for a certain amount of time?

No, you will keep your reduced fee.

Do I need to verify my account?

FTX has different verification levels. You can only provide your email, but are limited to 1000 USD lifetime withdrawal. For higher withdrawals you need to verify.

>> Click here to get your discount on FTX <<

Further questions about the bonus, coupon or promo code

Does FTX have other promotions or discounts?

Yes, currently you can buy 26 FTT for a 3% fee discount. This promotion will show up, right after you signed up.

>> Click here to get your discount on FTX <<

More info about FTX

As derivatives continue to become an increasingly important part of the crypto-money space, it is essential that new exchanges join the landscape and bring new functionalities. One such new exchange is FTX, the exchange we will examine throughout this guide.

Throughout this FTX review, we analyze the advantages and disadvantages of this margin exchange, the contracts and parts it offers, its fees, its security, etc.

What is FTX?

FTX is a brand new crypto-money derivatives exchange that differentiates itself from its competitors by offering a wide variety of indices and leveraged tokens.


  • Perpetual exchanges for 15 assets
  • Offers tradable altcoin indices
  • 45+ tokens available


  • Less proven than competitors like BitMEX

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda and operated by Alameda Research. The fact that the exchange is operated by Alameda Research, one of the largest decision makers in the crypto-currency market, gives it extremely large order books.

With an average daily volume of $50 million, FTX is still significantly smaller than competitors such as BitMEX and Deribit. However, this gap is unlikely to last very long due to the vast improvements offered by the exchange compared to other cryptographic margin platforms.

First of all, FTX offers perpetual swaps for 15 assets. This is in stark contrast to BitMEX and Deribit, which offer only two solutions. FTX also offers tradable indices such as an “altcoin index” and leveraged tokens for over 45 assets.

Trading Experience

Unlike BitMEX and Deribit, FTX requires its users to verify their identity and withdraw more than $1,000. To complete the identity verification process, users must fill out a form with the source of their funds, proof of residency and a scanned copy of their ID. Once FTX has reviewed the documents, a process that typically takes less than 12 hours, users can then deposit funds into the account without any restrictions.

FTX offers deposits in several stable currencies (TUSD, USDC and PAX), Bitcoin, Ether, Bitcoin Cash, Litecoin, Tether and ALL of its leveraged tokens. This is in stark contrast to competitors such as BitMEX and Deribit, who only support Bitcoin and Ether deposits.

Overall, the trading interface is very clean and intuitive. In the same way as Deribit, FTX also does not display a “bar” to adjust leverage. Instead, users enter the amount of margin they wish to use and the exchange automatically calculates the required leverage.

FTX Contracts

Trading on FTX is done on 3 different tabs: Futures, Tokens and OTC. On the “futures” tab, users can trade 15 different perpetual swaps. FTX’s perpetual swap offer includes popular coins such as Bitcoin, Ether, BNB and Bitcoin Cash, but also more exotic products such as an “Altcoin Index” and even a “Shitcoin Index”.

On the “Tokens” tab, users can exchange 45 different leveraged tokens. These tokens are constructed to allow traders to obtain optimized exposure to a particular cryptographic asset (both long and short) without the risk of liquidation.

Examples of leveraged tokens offered by FTX include LEOBULL (3x long LEO), 3x short TRX Token (3x short TRX) and ETHHEDGE (1x short ETH). Finally, under the “OTC” tab, traders can easily make large trades on all assets supported by FTX (futures and tokens) without displaying the order in an order book. Although FTX currently offers leverage of up to 101x, by default the exchange sets the maximum leverage to 10x on all accounts.

If you would like a higher leverage, go to the “Settings” section of your FTX account and scroll down to the “Account Effect” section to increase your maximum leverage.

Trading Fees

FTX offers a tiered pricing system that is based on the 30-day volume negotiated by a specific user. For the lowest tier users (with monthly volume of less than $3 million), FTX charges a manufacturer’s fee of 0.02% and a lessee’s fee of 0.07%. However, for higher tier users (over $100 million per month), the fees are reduced to 0.01% and 0.025%.

The exchange does not charge any fees on the forward settlement. Merchants can reduce their respective fees by using the FTT coin, FTX’s native crypto-money. For example, users with $10,000 worth of financial transaction tax automatically receive a 10% cost reduction, while those with $5,000,000 worth of value-added tax transaction tax automatically receive a 30% cost reduction. Finally, the leveraged tokens have a creation and redemption fee of 0.10% and a daily management fee of 0.03%.

Security and reliability

FTX was launched in early 2019, so the exchange is not as proven as competitors such as BitMEX, which has been in existence since 2014. However, many factors lead us to believe that FTX is a secure and reliable solution. exchange of cryptographic derivatives.

First, as stated in the introduction, FTX is operated by Alameda Research. Alameda Research is a quantitative trading company managing over $100 million in assets and trading over $1 billion per day in thousands of pieces. Alameda Research can be said to be one of the largest liquidity providers in the crypto-currency business, while having deep connections with major crypto-currency exchanges.

This means not only that the company can afford to hire talent to ensure that FTX security is optimal, but also that it has the connections to find that talent. Second, FTX has an extremely talented technical team of experts from universities such as MIT and Berkeley, as well as companies such as Google and Facebook.

And finally, the exchange is also officially associated with big names in the crypto-currency space. FTX’s list of partners includes companies such as Cercle, True USD, and FBG Capital, which, in supporting the exchange, has clearly sought its reliability.

Although FTX offers an optional advanced security setting in the form of two-factor authentication, the exchange does not currently support IP whitelisting.

Customer Support and Education

FTX provides excellent customer support on Telegram and via email, where the support team responds to inquiries within a matter of hours. Although the exchange is also very active on Twitter and often provides updates on the official account, it does not respond to support requests via this medium.

That said, the excellent FTX Help Center makes it unnecessary to open a support request in most cases. The Help Center offers dozens of detailed guides to answer the most common questions, from account issues to contract specifications to the FTX API.

How to trade on FTX

Getting started on FTX is simple. Here’s a simple guide to the steps you need to follow before you make your first trade on the exchange.

1. Register and create an account

The first step to start using FTX is registering for an account. This is incredibly simple and requires nothing more than your email address and a password. After clicking “Register” you will be directed to the FTX homepage. If you wish to withdraw more than $1,000 USD on FTX, the next step is to pass the KYC process and verify your identity.

To do this, click on the “Portfolio” tab at the top of the page, then click on the “Verify Identity” button that appears just above the “Balances” section. The KYC process on FTX is very simple. If you are an individual (not an institution), all the exchange asks for is your full name, address, source of funds and a scanned copy of an ID document.

The exchange will also ask you to provide proof of your address, which you can submit in the form of a bank statement, utility bill or government ID card with an address. Once you have submitted the KYC form, the FTX team typically takes between 8 and 12 hours to review your documents. Once your documents are approved, you will now have unlimited access to your FTX account.

2. Funding

FTX supports deposits in TUSD, USDC, PAX, Bitcoin, Ether, Bitcoin Cash, Litecoin, Tether and all leveraged tokens supported by the exchange. To make a deposit, simply go to the “Portfolio” section and search for the asset you wish to deposit.

Once you have found the asset you wish to deposit, click “Deposit” and wait for a window to open displaying your deposit address. Finally, simply deposit the desired amount at the address displayed on the screen. Depending on the asset you are depositing, the balance can take up to 30 minutes.

3. Start trading

Once your deposit has arrived, you are now ready to make your first transaction. If you wish to trade perpetual swaps, now click on the “Futures” tab at the top of the page. If, on the other hand, you wish to exchange leveraged chips, click on the “Tokens” tab. Once you are on one of the two pages, you can now place your first transaction on FTX! If you are trading futures contracts, the leverage is automatically adjusted according to the number of contracts you buy. On the other hand, leveraged tokens already have leverage assigned according to the token you buy (3x long, 3x short or 1x short).

-5% Discount on Trading Fees

Pay 5% less on fees!

-5% Discount:

Get your Discount here
Last updated: 26. October 2020