Is FTX cheaper than Binance?
Fees. The rates on both exchanges' spot trade markets are extremely low, and they continue to decline as volume rises. However, FTX wins out since it assesses 0.02% as a maker fee and 0.07% as a taker fee for tier one accounts. This is significantly lower than Binance fees, i.e. 0.1% maker and taker fee.
What's the difference between Binance and FTX?
Binance offers a more limited range of cryptocurrencies that you can borrow for margin trading, as well as a limited range of trading pairs. FTX, on the other hand, comes with a wider range of options and more trading pairs for those who want to take advantage of these features.
Is there anything better than Binance?
Other important factors to consider when researching alternatives to Binance include customer service and security. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Binance, including Coinbase Exchange, UPHOLD, Poloniex, and LocalBitcoins.
Is FTX a trustworthy exchange?
Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world.