Is FTX leveraging the Blockfolio app to launch a new kind of exchange? 🤑

in Project HOPE4 years ago

Lately the war between exchanges has been increasing. CEx, DEx, ILO... So much innovation ! Each of them tries to get to a niche to attract a specific group of users.

Crypto.com targets Mass Retail and keeps launching Crypto Discounts, Credit card features (cashback...) and referral bonuses.

We have also seen some exchanges such as FTX positioned on a different client sub-sector as they have 0 Maker Fees for the rest of 2020.

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What is FTX?

FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. We strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.

A week ago FTX bought BlockFolio (a leading crypto/portfolio tracking app)

FTX planned cautiously its move as it is already rolling some Retail Trading on top of the Blockfolio app.

I subscribed in order to get some nice gifts (cryptocurrencies? Lower fees? Who knows 😂)

What is Blockfolio?

Well, you must have heard about it if you have been in Cryptocurrencies for more than a few days.

Here is their own description of the service they offer:

The world's most popular Bitcoin & cryptocurrency portfolio tracker. 100% free.

Now with Blockfolio Signal, a first-of-its kind communications platform for receiving updates directly from team leaders of the tokens you care about.

If you would like to register for their launch event, please consider using this referral so we might both enjoy some nice gifts ! Link: https://blockfolio.com/trading?r=JtX3Ou789l

Thanks ! 😘

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interesting option, the market is increasingly flooded with do not see options and it seems positive,.because there are good options to choose from.Thanks for sharing

You are welcome this is my pleasure. Thanks for the kind comment

Greetings, thank you, I did not know this type of instrument for the management of cryptocurrencies, since the level of trust of each cryptocurrency is the trust we give it, also in the way that it is handled in a minority way.

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