Bold cross in FTX smoothly

Aug 6th, 2022
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How to Bold cross in FTX

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welcome back to cryptos are us Im George were all George what a day what a day FTX collapsed and then binance came into came in for the rescue right it seemed like all was well until it wasnt we had a giant out this morning then another giant out and now were below 19 000 for Bitcoin so what exactly happened between this morning and now and how should we prepare and where is this all heading lets lets discuss lets discuss so welcome welcome welcome guys today this is one of those days you wish it didnt happen or you wish you could be drinking because I cant but it finally happened FTX collapsed you can see now they have halted all withdrawals this morning I covered how they already stopped processing withdrawals they said SPF came out and said no no you know its just a little bit slow we will we will process it its just theres a massive delay well they stopped doing that its basically stopped okay so hopefully you guys got the message over the last few days Ive

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FTX Trading Ltd., commonly known as FTX (short for "Futures Exchange"), is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 and, at its peak in July 2021, had over one million users and was the third-largest cryptocurrency exchange by volume.
Leveraged s hold perpetual futures on FTX. That means that they will get their exposure to the underlying assets through the perpetual futures. That also means that they will be subject to the price movements, premiums, funding rates, etc. of the perpetual futures.
FTX and FTX.us are run by different companies, hence previous negotiations to buy out FTX international did not include FTX.us as part of the deal. The major difference between the . us and .com FTX exchanges is that FTX.com is a crypto derivatives platform where users can't trade any real crypto.
SBF then created his own crypto exchange, FTX, in 2019 based on the success of Alameda. The exchange grew fast with high-profile acquisitions, a hefty marketing budget, and promises of high returns. Users were told that they could earn much higher yields with FTX than with other traditional banks.
What is FTX? FTX stands for "Futures Exchange." Cryptocurrency is money that is transacted in digital form. It is supposed to have "safeties" on it that prevent it from being traded multiple times, track it, and protect it from duplication or hacking.
What is FTX? FTX stands for "Futures Exchange." Cryptocurrency is money that is transacted in digital form. It is supposed to have "safeties" on it that prevent it from being traded multiple times, track it, and protect it from duplication or hacking.
A year after its founding, FTX Exchange introduced the exchange called FTX or FTT. The FTT coin is an ERC-20 standard that is actively used by ecosystem participants.
He made his riches through cryptocurrency arbitrage — buying coins for a lower price on one crypto exchange, then quickly selling them for a higher price on a different exchange. He convinced a few fellow effective altruist friends to help in this arbitrage model and founded his trading firm, Alameda Research.
Qualified users who have at least $100,000 on FTX.US can enable margin trading. This allows you access to up to 10-times leverage.
The initial margin on FTX US is 10%. That means your Initial Margin Fraction (IMF) or total collateral divided by position size must be at least 10% (. 10). An account can only increase its position as long as its Margin Fraction is above the Initial Margin Fraction, so the maximum leverage is 10x.

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