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What is FTX: Create an account for crypto exchange via SMS online | Onlinesim

  • May 12, 2023, 4:28 PM
  • 5 minutes

FTX is a cryptocurrency derivatives exchange that was launched in 2019. FTX allows users to trade futures, options, leveraged tokens, and other derivatives contracts for a variety of cryptocurrencies and traditional financial assets.

FTX has gained popularity among cryptocurrency traders and investors due to its user-friendly interface, low trading fees, and innovative products. In addition to its derivatives trading platform, FTX has also launched a spot trading platform, a decentralized exchange (DEX) called Serum, and an NFT marketplace called FTX NFTs.

It's important to comprehend the functioning of FTX and the advantages of signing in using a virtual phone number for the sake of your privacy.

About FTX. Main benefits

What is FTX? FTX is known for offering a wide range of trading options, including futures, options, leveraged tokens, and spot trading for various cryptocurrencies.

One of the main benefits of using FTX is its user-friendly interface, which makes it easy for both beginners and experienced traders to navigate the platform. FTX also has a reputation for being a reliable and secure platform, with high liquidity and fast trade execution times. In addition, FTX offers low trading fees and has a tiered fee structure that rewards high-volume traders with even lower fees.

Another benefit of FTX is its innovative products, such as leveraged tokens and prediction markets. Leveraged tokens allow traders to gain exposure to the price movements of cryptocurrencies without having to manage their own leverage, making it easier for traders to enter and exit positions. Prediction markets allow traders to bet on the outcome of real-world events, such as elections or sporting events, using cryptocurrencies.

FTX also has a strong commitment to social responsibility, with a portion of its trading fees donated to effective charities chosen by its users. This has earned the platform a reputation as a socially conscious alternative to other cryptocurrency exchanges.

How to sign up for FTX

To sign up for FTX, follow these steps:

  1. Go to the FTX website or FTX app and click on the "Sign up" button.
  2. Enter your email address and create a password.
  3. Click on the "Sign up" button. You can get a FTX US sign up bonus.
  4. Check your email inbox for a verification email from FTX. Click on the verification link in the email to confirm your FTX US business account.
  5. Once your account is confirmed, you can make FTX login (FTX crypto login) and start trading. Also you can get a FTX welcome bonus for registration.

Note that you may need to complete additional steps to verify your identity and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, depending on the jurisdiction you're trading from and the level of verification you choose.

Advantages of signing up for FTX through a virtual phone number

Using a virtual phone number to FTX sign up may have some advantages, such as:

  • Increased privacy. By using a virtual phone number, you can keep your personal phone number private, which can help protect your identity and reduce the risk of identity theft.
  • Convenience. Virtual phone numbers can be obtained easily and quickly through online services, which can save you time and effort.
  • Cost-effective. Some virtual phone number services offer low-cost or even free options, which can help you save money compared to using a traditional phone service.
  • Accessibility. Virtual phone numbers can be used from anywhere in the world, which can be especially useful for people who travel frequently or live in different countries.

Passing FTX verification with a virtual number

These days, virtual SIM cards have become the preferred choice for many. They offer greater convenience compared to physical SIM cards as you no longer need to physically change the SIM card in your phone when you want to change your number. Instead, with services like OnlineSim, you can easily switch to a different directory within your personal account.

One of the many uses of virtual numbers is for user verification, where you can skip the hassle of entering a PIN by simply copying and pasting it from your account directly into the platform you're verifying with, such as FTX.

However, it's crucial to choose a reputable online SIM service to ensure smooth operation. Otherwise, you may end up waiting endlessly for a FTX identity verification code. A trustworthy virtual SIM number provider like OnlineSim will typically offer free trials, prioritize the security of your data, and provide a wide variety of content to choose from. Plus, the numbers you purchase will be exclusively yours, adding an extra layer of privacy and security.

Here's a rephrased version of the verification process for FTX using a virtual SIM card from OnlineSim:

  • Step 1. Select OnlineSim as your virtual SIM card provider and try their service for free to assess its reliability.
  • Step 2. If satisfied, register on the OnlineSim website and top up your balance.
  • Step 3. Purchase a virtual number from OnlineSim, and during the process, choose your desired location.
  • Step 4. Visit the FTX website and start the registration process.
  • Step 5. When prompted to enter your phone number, input the virtual number you purchased from OnlineSim.
  • Step 6. Check your OnlineSim virtual account for a message containing the authentication code. OnlineSim typically delivers messages instantly, but if you encounter any issues, contact their customer support.
  • Step 7. Copy the authentication code from the OnlineSim message and paste it into the appropriate field on the FTX email platform.
  • Step 8. Complete the registration process and enjoy the features of FTX. Your virtual SIM card from OnlineSim has successfully verified your FTX US account.

A virtual directory is a user-friendly and dependable technology that offers a seamless experience. Explore the OnlineSim website and discover its intuitive interface. You can even try their service for free to evaluate its quality. OnlineSim's pricing is competitive compared to other providers in the industry, with a wide selection of 10,000 content numbers available from over 30 locations worldwide.