Is FTX legal in US? How to use FTX in US

Last updated: November 2022

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Important: This information is general in nature and does not take into account your objectives, financial situation or needs. Crypto assets are high risk and volatile. Past performance is not a reliable indicator of future results. Only invest what you can afford to lose.

Disclaimer: Due to the collapse of FTX in November 2022, the information in this article about FTX is no longer relevant. If you are looking for a similar crypto exchange to FTX, here are our top recommendations:

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FTX is one of the top crypto exchanges in the world, offering 275+ coins, extremely low trading fees, and a huge range of markets and tools that will satisfy even the most seasoned crypto trader. The problem is that FTX is not available in the US. There is a sister site called FTX US which you can use, and you can read our detailed review on FTX US here. Keep in mind that some features such as staking are not available on FTX US.

For those who want to use a crypto exchange like FTX, without compromising on features, the best option is to use MEXC (read the full review here). MEXC supports the largest number of cryptocurrencies on any platform, with 3,000+ coins, and offers extremely deep liquidity. The fees are low, and there are heaps of trading options, including futures, margin trading, copy trading, and trading bots. If you register using our link, you will receive $25 USDT FREE plus 10% off all your trading fees!

Can you use FTX in the US?

No, you won’t be able to access FTX if you live in the US. You can access the partner site FTX US instead, which has limited features to comply with the regulations in the USA.

How to use FTX in the US?

You cannot use FTX in the US, but you can use the sister site FTX US. FTX US has some differences compared to FTX, such as fewer coins, and lack of staking. If you want a fully-fledged crypto trading platform like the global FTX site, sign up to MEXC. You can read our review here to decide whether it is right for you.

Why can’t I use FTX in the US?

Since the US has extremely strict regulations regarding cryptocurrency exchanges, certain markets and products are not allowed. FTX caters for the global market, so it cannot operate in the US without breaching those rules. This is why they released the partner platform FTX US to service the US market.

Alternatives to FTX in the US

Our #1 alternative to FTX is MEXC. It is a massive cryptocurrency exchange that supports over 3,000+ coins, and has plenty of features for experienced traders.  Margin tradingcopy trading, trading bots, and staking are all supported. The fees for spot trading are 0.2% and futures trading are 0.02/0.06% (maker/taker). If you sign up with our link, you also receive $25 USDT FREE plus 10% off all your trading fees!

For more options, read our article on the best cryptocurrency exchanges in the US, and see the quick comparison table below.

Comparison Table of the Best Crypto Exchanges in the USA

eToro MEXC Global Pionex Coinmama Gemini Uphold Crypto ExchangeCrypto ExchangeeToroMEXC GlobalPionexCoinmamaGeminiUpholdFiat CurrenciesFiat CurrenciesUSDUSD, TWD, AED, PHP, AUD, JPY, CAD, EUR & moreUSD, TWDUSD, EUR, AUD, CAD, GBP, JPYUSD, AUD, CAD, EUR, GBP, SGD, HKDUSD, GBP, EUR, CHF, AUD, JPY & 21 moreCryptocurrenciesCryptocurrenciesBTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA & 110 moreMEXC, BTC, ETH, EOS, BCH, LTC & 3,000+ moreBTC, ETH, LTC, SOL, DOT, TRX & 120+ moreBTC, ETH, ETC, UNI, LINK, LTC, BCH, DOGE, MATIC, EOS, AAVE, COMP, OMG, YFI, WBTCBTC, ETH, BCH, DOGE & 90+ moreBTC, ETH, ADA, DOGE, COMP, DOT & 125+ moreDeposit MethodsDeposit MethodsPayPal, Debit card, Credit card, Wire transfer, Online bankingVisa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, CryptocurrencyCredit card, CryptocurrencyCredit card, Debit card, Fedwire, Apple Pay, Google PayBank transfer (ACH), Debit card, Wire Transfer, CryptocurrencyBank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, CryptocurrencyTrading FeesTrading Fees1%0.2% for spot, 0.02%/0.06% for futures0.05%2.93% – 3.90% (depending on loyalty level)From 0.25% (maker) and 0.35% (taker)Fees included in the spreadSign UpRead Review Sign UpRead Review Sign UpRead Review Sign UpRead Review Sign UpRead Review Sign UpRead Review

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. “Virtual currencies are highly volatile. Your capital is at risk.”

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