What is the process for adding a new cryptocurrency to the FTX US platform?

3 answers

• masome zareiJan 14, 2022 · 4 years ago
  Adding a new cryptocurrency to the FTX US platform involves several steps. First, the team at FTX US evaluates the potential cryptocurrency based on factors such as market demand, technology, and regulatory compliance. If the cryptocurrency meets their criteria, they proceed to the next step. Second, FTX US conducts a thorough due diligence process, which includes reviewing the project's whitepaper, team members, and partnerships. They also assess the cryptocurrency's liquidity and trading volume on other exchanges. If the due diligence is successful, the cryptocurrency moves to the next stage. Third, FTX US negotiates with the cryptocurrency's team to establish a listing agreement. This agreement outlines the terms and conditions for listing the cryptocurrency on the platform. Once the agreement is finalized, FTX US proceeds to the final step. Fourth, FTX US integrates the new cryptocurrency into their platform, ensuring that it is compatible with their existing infrastructure and meets their security standards. They also provide necessary support for wallet integration and trading pairs. After the integration is complete, the new cryptocurrency becomes available for trading on the FTX US platform.
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• Mcneil DelaneyJan 24, 2024 · 2 years ago
  Adding a new cryptocurrency to the FTX US platform is a meticulous process. FTX US takes into account various factors, including the cryptocurrency's market demand, technology, and regulatory compliance. They conduct a thorough due diligence process to ensure the legitimacy and viability of the cryptocurrency. Once the due diligence is successful, FTX US negotiates with the cryptocurrency's team to establish a listing agreement. This agreement outlines the terms and conditions for listing the cryptocurrency on the platform. Finally, FTX US integrates the new cryptocurrency into their platform, making it available for trading. It's important to note that FTX US prioritizes the security and stability of their platform, which is why they have a rigorous evaluation process for adding new cryptocurrencies.
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• M kavianMar 25, 2022 · 4 years ago
  When it comes to adding a new cryptocurrency to the FTX US platform, the process is quite straightforward. FTX US carefully evaluates the cryptocurrency based on factors such as market demand, technology, and regulatory compliance. If the cryptocurrency meets their criteria, FTX US proceeds with the due diligence process. This involves reviewing the project's whitepaper, team members, and partnerships, as well as assessing its liquidity and trading volume on other exchanges. If the due diligence is successful, FTX US enters into negotiations with the cryptocurrency's team to establish a listing agreement. Once the agreement is finalized, FTX US integrates the cryptocurrency into their platform, ensuring compatibility and security. The new cryptocurrency is then available for trading on the FTX US platform. It's worth mentioning that FTX US values transparency and strives to provide a wide range of cryptocurrencies for their users to trade.
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