Can FTX be trusted?

Even more impressive than their volume, however, is their backer. Binance took a position in the FTX exchange early on which is a very good indicator of FTX’s reputation. When crypto traders ask is FTX legit the answer is definitely yes, Binance would not have gotten involved with them if they were not. 12 Mar 2022

Stock tokens (and any related products or derivatives) cannot be traded by many jurisdictions, including residents of the United States, Hong Kong, Singapore, Malaysia, Thailand, FTX prohibited jurisdictions , and potentially others. Spot margin and fiat onboarding/offboarding are not available to residents of India.

Bottom Line: FTX.US is best for individuals looking for access to low-fee crypto trading, NFTs, derivatives, and margin trading . The platform also offers over-the-counter trading, so it could be ideal for institutions or clients with higher earnings.