What are the pros and cons of ftx?

Other pros and cons of the cryptocurrency exchange include a reliable and risk-free derivatives market for bitcoin margin trading, which is the core focus of the exchange. Investors located in the United States will benefit most from FTX.US.

How does lending work on FTX US?

Lending Note that lending on FTX US is only open on a per-customer basis, and only for qualified lenders. In order to lend your assets, you specify a quantity and a minimum desired interest rate. If the borrow rates end up higher than your minimum desired rates, your coins will be loaned.

Will FTX get a debtor-in-possession loan?

"If you are a customer of FTX, you should expect to be disappointed in how long this is going to take," said Harvard Law School Professor Jared Elias. Another key filing that could provide insight is a request for "debtor-in-possession" financing, essentially a loan to allow the company to continue to function.

Who should be held accountable for FTX?

"The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law," Bahamas Prime Minister Philip Davis said in a statement.