Is FTX a regulated exchange?

Both FTX.US and Coinbase prioritize security and have excellent track records to date . Of the two, Coinbase has been around much longer without any data breaches or hacks. But each of these crypto exchanges does well from a security perspective. Two-factor authentication (2FA) is available on FTX.US and Coinbase.

FTX is a brand operated by K-DNA Financial Services Ltd. and regulated by the Cyprus Securities and Exchange Commission , with license number 273/15.

Excellent security Security is important for every cryptocurrency exchange, and FTX.US clearly takes this seriously. It has a custom-built hot and cold wallet for storing customer crypto funds, full external backing of all hot wallet funds, and relationships with industry leading custodians.