FTX Pay: how it works and what are the main advantages
Cryptocurrencies have been very successful over the years, giving life to a sector of digital payment systems spread globally. Among these is also FTX Pay, an increasingly used FTX Derivates Exchange feature. This system has tons of benefits, as well as very useful extras that several tokens and cryptocurrency systems don't have.
The uses of the FTX in Italy and abroad are many, such as price speculation and their forecasts. Here is all the useful information on the subject, in particular how to use FTX and how to create an FTX Pay account.
What is FTX Pay?
FTX Pay is a feature of the FTX cryptocurrency platform. This is highly customizable and allows you to make payments securely online, at very low costs and with low commissions. Founded in 2018 by MIT physicist Sam Sam Bankman-Fried, FTX has found remarkable success in a short time, achieving enviable goals in the world of online trading.
Whatever your need, through the FTX Pay Italia system you can receive payments either via FTX account or using external digital wallets . This feature means that there are exchanges worth 2 billion every day.
Originally FTX it was a platform used for foreign exchange transactions, but today its functions are many more, such as FTX Pay . The company has created an entire ecosystem, designed for example to provide liquidity through rewards to its members.
How to use FTX Pay in Italy?
Without a doubt, FTX was born from the founder's idea of providing a viable alternative to traders from all over the world. In fact, similar platforms already existed within the sector, which however often did not 100% meet the needs of environmental professionals. This is probably one of the reasons why FTX Pay is such an appreciated extra, even in Italy.
Using this platform is easy: traders don't have to pay market maker fees, plus they can enter an order limit in reference to a cryptocurrency. Furthermore, TFX Pay allows you to place orders even more quickly: the decision depends on you and the techniques you want to use.
The 0% commissions are designed for market makers (those who bring liquidity to the platform), while for the rest of the market takers (those who create buy orders) the commission required is 0.1% and for the Market Buyer it is 0.1%. 0.07%.
How to create an account on FTX Pay?
Surely to be able to proceed and enjoy the advantages of FTX Pay in Italy or abroad, it is essential to be registered on the platform. Doing so is very simple and takes just a few steps.
In reality, the platform even allows you to log in with your Google or Apple credentials , in order to avoid a new registration. Alternatively, you can follow the more traditional registration procedure , which is based on the choice of login credentials and the inclusion of some personal information.
Among these there may be the email and password of your choice, which are essential to proceed with the login. You can proceed by visiting the registration section to create an account .
What are the main advantages?
The advantages of FTX Italia are different. First of all, the platform's many features allow you to customize your plan . In addition to this, being registered by creating an FTX Pay account are even more numerous, for example:
- A higher percentage of referrers' commissions ;
- Reductions in the manufacturer's commission ;
- An increase in airdrop rewards ;
- Bonus votes dedicated to registered stakers;
- The chance to win a free NFT .
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The FTX Pay article: how it works and what are the main advantages comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/ftx-pay-come-funziona-e-quali-sono-i-principali-vantaggi/ on Mon, 08 Aug 2022 18:00:39 +0000.