FTX charges $ 500 for registration. How do I get a deposit?
If you are just getting started in the fascinating world of trading and working on exchanges, then you certainly know that in the early stages every dollar is valued. Even such a seemingly insignificant amount as $ 500 can and should be put on the right track. That is, to the exchange. The same truth is understood by representatives of the FTX company, who give out $ 500 each for registration and replenishment of an account on their account in the exchange. Below we will tell you everything you need to get money. We will also consider the non-obvious distribution conditions and summarize: is it necessary to take part in the event. So let’s get started.
More about the FTX
Many of our readers probably don’t know that FTX is a fairly young exchange, but it has already won the trust of the audience. The project opened only in 2019. Nevertheless, active work and interesting conditions of cooperation have helped the company to gain considerable popularity. Moreover, both in the circles of experienced traders and among beginners. At the moment, about 854 thousand traders use the services of the exchange every day. Active users use 138 cryptocurrencies listed on the exchange, and also constantly use 214 trading pairs. But the developers do not stop at the achieved level of popularity. At the moment, the creators are holding a promotion for the first 2000 users who have time to fulfill the conditions. The distribution results will take place on November 4th. So you have plenty of time to tackle FTX requirements.
First, you need to verify your own profile. You must verify your identity by going through the appropriate KYC2 procedure. In fact, the conditions of the drawing are as simple as possible. Depending on the state of your balance on November 4th, you will be awarded a prize. If the account contains $ 500 or more, the user receives $ 5. This amount will allow you to cover commissions and trade calmly using the amounts presented on the balance sheet. To get a more substantial prize, already $ 500, your account must have at least $ 500 thousand.
Also, as a prize, the status of a VIP account is awarded, which allows trading on more favorable terms. Note that the analysis of the profile is carried out only on the status of addresses on the platform. Funds from OTC wallets are not taken into account. Note also that in order to ensure the most equal conditions, each user can only take part in the distribution once. Let’s decide whether participation in the distribution is justified.
Should I take part in the event?
Quite a controversial point. The fact is that to get the main prize, you need to have really serious trading volumes and replenish your account with huge amounts. However, if you already occasionally wind up $ 500 or more on FTX, be sure to register for the event. Yes, winning $ 5 is not a lot, but this amount will definitely not be superfluous. A small prize, firstly, will help cover commissions for future transfers, and secondly, it will allow you to feel a sense of victory and even harder to take up trading on FTX. So hurry up to fulfill the above conditions to pick up the well-deserved prize on November 4th.
The main thing is to stay on top of the trends in the crypto industry. It is extremely important to follow all the updates in order not to miss such events. You can follow the latest crypto industry news with us. We publish only high-quality and interesting material. Good luck!