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There’s incredible amounts of capital going into the crypto industry and FTX is one of the biggest players. There may be some froth but they seem like one of th
by dkasper 5y ago
There’s incredible amounts of capital going into the crypto industry and FTX is one of the biggest players. There may be some froth but they seem like one of the least shady players in the space to me.
- wmf 5y agoThe question is how and why FTX became big given that BitMEX already existed.
- dkersten 5y agoBitMEX was engulfed in controversy (lawsuits and investigation) around the time FTX launched.
- solean 5y agoBitmex is very much a niche exchange, it only offers a handful of perps. FTX will let you trade pretty much any thing you can think of (crypto perps/spot, stocks, political elections, etc.)
- swader999 5y agoBitmex and its liquidation engine is why.
- arcticbull 5y agoWell that is a low bar. I am curious why their US destination wires arrive from "West Realm Shires Services Inc" instead of, like FTX.