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I have never heard of FTX until reading your comment just now. Is it really crushing Coinbase?
by symlinkk 4y ago
I have never heard of FTX until reading your comment just now. Is it really crushing Coinbase?
- avinassh 4y agoSame here until I saw the Larry David's commercial - https://www.youtube.com/watch?v=BH5-rSxilxo https://www.youtube.com/watch?v=BH5-rSxilxo
- rvz 4y agoThose who have too much head count and hire aggressively, also fire aggressively. I'm guessing FTX kept their head count low, so not impacted as hard as Coinbase is.
- vdddv 4y agocrushing might be a bit too far, but they are certainly ahead of Coinbase in volume with lower opex https://coinmarketcap.com/rankings/exchanges/ https://coinmarketcap.com/rankings/exchanges/
- avinassh 4y agoI had no idea that Binance is so far ahead. Why do most people use it? Some trust factor?
- gnrlst 4y agoIt has the most pairs available, historically aggressive referral scheme, BNB and BSC also helped a lot. not sure about the trust factor
- pcthrowaway 4y agoIt also has very low trading fees (~0.1% per trade)
- trompetenaccoun 4y agoCrushing in terms of their promotion army heavily shilling it on social media - yes. In terms of users no.