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Best websites about Ftx Token Lending Rates

Best websites about Ftx Token Lending Rates

What is FTX lending and how does it work?

The nice thing about FTX lending is that coins can be unlocked within 1 hour when the lender decides to stop lending his coins. Due to the lack of counterparty risk, FTX lending offers attractive interest rates for traders that have coins that are not actively being used.

Can I trade on FTX in the US?

FTX Token (FTT) is not available in the United States or other prohibited jurisdictions. If you are located in, incorporated or otherwise established in, or a resident of the United States of America, you are not permitted to transact in FTT. Trading on FTX is not available in the United States or other prohibited jurisdictions.

How much does it cost to stake my FTT?

FTT stakers receive maker rebates up to 0.0030%, and it costs only 25 FTT to have 0 maker fees. See here for more information, and stake your FTT here. In addition to the interest rate paid to the lenders, borrowers are charged a fee on borrows.

How does FTX protect users from bankruptcy risk?

In general, FTX and its backstop fund will attempt to protect other users against other accounts' bankruptcy risk. FTX may impose margin position limits or decreasing collateral on large positions of illiquid coins.

Ftx Token Lending Rates
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