FTXvs
Binance
Binance: Major centralized cryptocurrency exchange offering similar trading features.
FTX has been discontinued in 2022. This page is kept for the record, and for the alternatives below.
See what replaced itFTX
Cryptocurrency derivatives exchange
As of 30 August 2026, FTX is free to use. FTX was a major cryptocurrency exchange known for its innovative derivatives products including futures, options, and leveraged tokens. Softwr lists it under Crypto. FTX is made by FTX Trading Ltd., launched in 2019, available on Web, iOS, Android.
Overview
What FTX does
FTX was a major cryptocurrency exchange known for its innovative derivatives products including futures, options, and leveraged tokens. Note: FTX filed for bankruptcy in November 2022 and is no longer operational.
What people use it for
- Exchanges
- Derivatives
- Trading
Related searches
The honest half
Where it falls short
Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about 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
Cross-shopped
What people choose instead of FTX
Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.
- FTXvsKraken
Kraken: Established crypto exchange with perpetual futures and spot trading.
- FTXvsCoinbase
Coinbase: Large regulated cryptocurrency exchange with derivatives trading.
Pricing
What FTX costs
Taken from the vendor's own pricing page. Prices move, so check before you buy.
Standard
Free
- Spot trading
- Futures
- Options
Capabilities
Features
Futures Trading
Options
Leveraged Tokens
Spot Trading
FTT Token
Integration with FTT Token
Serum DEX
Integration with Serum DEX
Web support
Available on web
Ios support
Available on ios
Android support
Available on android
Answered, with sources
Questions people ask
Each answer names the page it came from, so you can check it rather than take our word for it.
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.
SourceCan 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.
SourceBehind it
Who makes FTX
- Company
- FTX Trading Ltd.
- Based in
- Bahamas
Timeline
FTX over time
- Milestone2023-11-02
Sam Bankman-Fried convicted of defrauding customers
Source - Milestone2022-12-12
Sam Bankman-Fried arrested for financial fraud
Source - Discontinued2022-11-11
FTX and Alameda Research file for bankruptcy protection
Source - Milestone2022-11-09
Binance backs out of deal to acquire FTX
Source - Milestone2022-11-02
CoinDesk reports Alameda Research holds large FTX token positions, triggering FTT value collapse
Source
Keep looking
Where to go from FTX
- FTX alternativesEvery product people weigh against it
- FTX pricingPlans, floors and what the tiers exclude
- FTX badgesWhich rules it meets, and the figure behind each
- All Crypto softwareThe full category
- Best Crypto softwareThe shortlist, and how it was cut
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Compare FTX with
- Binance
- Bybit
- Huobi
- OKX
- Bitget
- Phemex
- MEXC
- Gate.io
- KuCoin
- Bitfinex
- Bitstamp
- dYdX
- QuickNode
- Rainbow
- The Graph
- TradingView
- Trezor Suite
- Trust Wallet
Other Crypto software
Softwr does not host reviews and shows no star rating for FTX, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.
More on FTX
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Every tier, and where the cost actually lands
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