FTX fees are .07% per trade if you take liquidity or 0 if you add liquidity. I paid somewhere under 1% to get the money from IBKR into my bank then into Coinbase then into FTX.
Betting on FTX is not allowed for US residents. I’m a US person but not a US resident, which gives me more options for prediction markets than most people. I heard some US residents were betting on Catnip. While FTX is a web site that lets people trade cryptocurrency balances held by FTX, Catnip is a decentralized market, so in some sense it’s more of a “real” crypto betting market than FTX.
Suppose that a person in the US bought etherium then logged into a VPN and traded on FTX. Is there a realistic possibility of that person being caught, and if so what is the pathway?
Also why is Trump still trading at 10% on catnip? With fees of 1%, that’s free money.
To withdraw more than 1000 USD ever from FTX, a person must do level 1 KYC, which involves proving their country of residence. So a person would have trouble if they were only willing to lie using their IP address.
Trump is trading at 10% in a bunch of places! No clue, maybe people expect SCOTUS to participate in a coup or maybe they sincerely believe there is massive election fraud.
FTX fees are .07% per trade if you take liquidity or 0 if you add liquidity. I paid somewhere under 1% to get the money from IBKR into my bank then into Coinbase then into FTX.
Betting on FTX is not allowed for US residents. I’m a US person but not a US resident, which gives me more options for prediction markets than most people. I heard some US residents were betting on Catnip. While FTX is a web site that lets people trade cryptocurrency balances held by FTX, Catnip is a decentralized market, so in some sense it’s more of a “real” crypto betting market than FTX.
Wow those are very reasonable fees!
Suppose that a person in the US bought etherium then logged into a VPN and traded on FTX. Is there a realistic possibility of that person being caught, and if so what is the pathway?
Also why is Trump still trading at 10% on catnip? With fees of 1%, that’s free money.
To withdraw more than 1000 USD ever from FTX, a person must do level 1 KYC, which involves proving their country of residence. So a person would have trouble if they were only willing to lie using their IP address.
Trump is trading at 10% in a bunch of places! No clue, maybe people expect SCOTUS to participate in a coup or maybe they sincerely believe there is massive election fraud.