Genesis vs FTX

Genesis vs FTX Comparison Table 2023
Genesis Review 2023	FTX Review 2023
Genesis Review 2023 has closed.	Review 0.3 FTX is #33 in our crypto broker rankings. FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
Traders from US accepted	Traders from US accepted
Genesis Global Trading is a high-end US crypto exchange targeted at insure, high-volume digital token trades.	FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity.
Comment by Reviewer
	"We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested."
Pros
	Lower fees than most other cryptocurrency exchanges, thanks to its tiered system An official mobile app is available on both Android and iOS Built-in automated trading through Quant Zone Ability to stake in the exchange using FTT
Cons
	Major safety and security concerns - you should not deposit with this firm Limited options for currency withdrawals compared to other exchanges Country restrictions apply to US citizens No demo account available Withdrawal problems
Instruments
Crypto	Futures, Options, Crypto
Demo Account
Yes	No
Minimum Deposit
$75,000	$1
Trading Platforms
Own	AlgoTrader
Payment Methods
	Bitcoin Payments Credit Card Silvergate Bank Transfer Wire Transfer
Minimum Trade
$250,000	$1
Regulator
SEC, FINRA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
No	iOS & Android
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Cryptocurrency
Genesis Global Trading offers regulated and insured high-volume cryptocurrency trading services for seven of the world's most popular tokens.	FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin.
Spread
	Variable
Coins
BTC BCH ETH ETC LTC XRP ZEC	BTC ETH SOL FTT USDT MATIC BNB XRP DOGE SRM LINK LTC FTM SUSHI RAY UNI STEP AAVE AGLD
Crypto Lending
Yes	Yes
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Genesis Review 2023 has closed.	Review
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