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hi guys thanks for tuning in tonight episode of Nuggets news tonight Im excited to walk you through how to use the FTX exchange and were gonna place a trade and show you how to do a stop loss and a take profit all those different order types so this is a fantastic new exchange that has popped up recently and theyve got a range of different products and coins we can trade as well as different tokens which Im going to explain for you today now whenever a new exchange pops up you should be skeptical but if youve watched that interview weve done with Sam whos the ex Wall Street quant trader who was sick of how bad other exchanges were so he built his own you know the backstory to FTX and Ive now got Australian friends that have personally got jobs there so I can certainly put a bit more trust in them than a lot of other exchanges now the second problem new exchanges face is lack of liquidity but because these guys have got an OTC desk and the cost of their affiliation with alameda