Cryptocurrency & Blockchain · head to head
FTX vs QuickNode
The short version
- Each has a real cost: FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022; QuickNode rate limited by plan in requests per second, at 15 on the free trial, 50 on Build and 125 on Accelerate, so throughput is a paid feature separate from volume
- They diverge on capability: FTX covers Futures Trading, QuickNode covers Node APIs.
Where they differ
Only the attributes on which FTX and QuickNode actually diverge.
Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in FTX
- Futures Trading
- Options
- Leveraged Tokens
- Spot Trading
- FTT Token
- Serum DEX
- Ios support
- Android support
Only in QuickNode
- Node APIs
- NFT API
- Token API
- Streams
- Functions
- 25+ blockchains
- Marketplace add-ons
- Api support
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
FTX
- Exchangesnot QuickNode
- Derivativesnot QuickNode
- Tradingnot QuickNode
QuickNode
- Running blockchain node infrastructure without operating nodesnot FTX
- Querying chain data and broadcasting transactions over an APInot FTX
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
FTX
- The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
- Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
- Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
- It is not a service anyone can sign up for; the estate exists to repay creditors
QuickNode
- Rate limited by plan in requests per second, at 15 on the free trial, 50 on Build and 125 on Accelerate, so throughput is a paid feature separate from volume
- Endpoints are also rationed, at 1 on the free trial and 10 on Build
- Credit overage is charged per million and only falls with plan, from $0.62 on Build to $0.50 on Business
- Support response time is sold as a tier, from a 24 hour SLA on Build down to 8 hours on Scale
- SSO and RBAC are Enterprise only
- The free offering is a trial rather than a standing free tier
Pricing, plan by plan
FTX
Free- StandardFree
- Spot trading
- Futures
- Options
QuickNode
Free- FreeFree
- 10M API credits
- 1 endpoint
- Core add-ons
- Starter$49/month
- 100M API credits
- 3 endpoints
- All add-ons
- Growth$299/month
- 750M API credits
- 10 endpoints
- Priority support
Which should you pick?
Choose FTX if
- You need futures trading.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want options.
Choose QuickNode if
- You need node apis.
- You want to start without paying.
- You work on Api, Web.
- You also want nft api.
Questions people ask
- Is FTX or QuickNode better?
- Neither clearly leads. FTX starts at Free and QuickNode at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, FTX or QuickNode?
- FTX starts at Free and QuickNode at Free.
- Does FTX or QuickNode run on more platforms?
- FTX runs on Web, Ios, Android. QuickNode runs on Api, Web.
- Can I use FTX for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is FTX best used for?
- FTX is most often used for exchanges, derivatives, trading. Of those, exchanges and derivatives are not what QuickNode is typically brought in for.
- What can FTX do that QuickNode cannot?
- FTX covers Futures Trading, Options, Leveraged Tokens, Spot Trading. QuickNode covers Node APIs, NFT API, Token API, Streams. Both handle Web support.
Answered from the vendors’ own pages
FTX: What happened to FTX?
FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.
SourceFTX: Can I recover funds from FTX bankruptcy?
FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.
Source