Cryptocurrency trading has become a popular way for people to earn extra income from the comfort of their own homes. With the growing demand for crypto trading platforms, many traders are looking for platforms that offer derivatives, future markets, and leverage trading. However, it's important to be cautious when choosing a crypto exchange, as they can come at a cost and may not always be the best option. FTX and BingX are both platforms that deal with cryptocurrency, but they offer varying services and options to their users.
FTX is known for its innovation and user-friendly interface. The platform was built by experienced traders who understand the needs of the market and offer a wide range of products including options, derivatives, leveraged tokens, and volatility products. The platform is accessible to all types of traders, from beginners to professional trading firms, and offers a mobile app for trading on the go.
However, FTX's customer service has been a source of dissatisfaction for many customers as reflected by the 2.4/5 stars rating in customer reviews.
BingX, on the other hand, operates as an international digital financial institution with branches in North America, Canada, the EU, Hong Kong, and Taiwan, and has received regulatory approval to operate in other countries. They offer financial services such as lending, borrowing, and staking, as well as buying and selling of cryptocurrencies. They also have referral programs and trading competitions to attract customers and a feature called copy trading, where users who lack time or are new to cryptocurrency can choose a trader and follow their trades.
In terms of services and features, FTX and BingX have their distinctions and the choice between them depends on the user's needs and preferences. It is advised to research both platforms thoroughly and seek advice from financial advisors before making any investment decisions.