Cryptocurrency & Blockchain · head to head
QuickNode vs FTX
The short version
- Each has a real cost: 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; FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
- They diverge on capability: QuickNode covers Node APIs, FTX covers Futures Trading.
Where they differ
Only the attributes on which QuickNode and FTX 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 QuickNode
- Node APIs
- NFT API
- Token API
- Streams
- Functions
- 25+ blockchains
- Marketplace add-ons
- Api support
Only in FTX
- Futures Trading
- Options
- Leveraged Tokens
- Spot Trading
- FTT Token
- Serum DEX
- Ios support
- Android support
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
QuickNode
- Running blockchain node infrastructure without operating nodesnot FTX
- Querying chain data and broadcasting transactions over an APInot FTX
FTX
- Exchangesnot QuickNode
- Derivativesnot QuickNode
- Tradingnot QuickNode
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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
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
Pricing, plan by plan
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
FTX
Free- StandardFree
- Spot trading
- Futures
- Options
Which should you pick?
Choose QuickNode if
- You need node apis.
- You want to start without paying.
- You work on Api, Web.
- You also want nft api.
Choose FTX if
- You need futures trading.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want options.
Questions people ask
- Is QuickNode or FTX better?
- Neither clearly leads. QuickNode starts at Free and FTX at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, QuickNode or FTX?
- QuickNode starts at Free and FTX at Free.
- Does QuickNode or FTX run on more platforms?
- QuickNode runs on Api, Web. FTX runs on Web, Ios, Android.
- Can I use QuickNode for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is QuickNode best used for?
- QuickNode is most often used for running blockchain node infrastructure without operating nodes, querying chain data and broadcasting transactions over an api. Of those, running blockchain node infrastructure without operating nodes and querying chain data and broadcasting transactions over an api are not what FTX is typically brought in for.
- What can QuickNode do that FTX cannot?
- QuickNode covers Node APIs, NFT API, Token API, Streams. FTX covers Futures Trading, Options, Leveraged Tokens, Spot Trading. 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