The counter-party risk (either from hacks or scams) of FTX seems extremely low right now. The team behind FTX/Alameda has built flawless reputation in the crypto industry over the past few years, and is considered among the strongest technically. They basically went from non-existent to top ~3 of crypto exchanges worldwide in volumes in a matter of ~1 year. The recent growth in the FTT coin reflects this.
I think FTX will continue to grow in the next 6 months, as (1) crypto grows as a whole; and (2) FTX innovates and grows more than the competition.
For US residents, www.ftx.us is available (but more restricted).
The counter-party risk (either from hacks or scams) of FTX seems extremely low right now. The team behind FTX/Alameda has built flawless reputation in the crypto industry over the past few years, and is considered among the strongest technically. They basically went from non-existent to top ~3 of crypto exchanges worldwide in volumes in a matter of ~1 year. The recent growth in the FTT coin reflects this.
I think FTX will continue to grow in the next 6 months, as (1) crypto grows as a whole; and (2) FTX innovates and grows more than the competition.
For US residents, www.ftx.us is available (but more restricted).