FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products.
It was founded in 2018 by MIT graduate and former Jane Street Capital international exchange-traded funds trader Sam Bankman-Fried.
FTX offers a range of trading products, including derivatives, options, volatility products, and leveraged tokens. It also provides spot markets in over 100 cryptocurrency trading pairs such as BTC/USDT, ETH/USDT, XRP/USDT, and its native token FTT/USDT.
There is the Bahamas-based FTX and its FTX US affiliate which have overlapping management teams but separate capital structures.
U.S. residents can only trade through FTX US.