The FTX Crypt Currency Derivatives Exchange has announced a listing of tokenized shares, including Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Facebook (FB), Google (GOOGL), Netflix (NFLX) and the SPDR S&P500 ETF. Trading in tokenized assets will begin next week. FTX announced this at ForkLog Hub.
Users will be able to buy tokens on FTX, which entitle them to a part of the real stock of the company.
„FTX lowers the entry threshold to the stock market. Fractional assets will allow traders to trade shares of the world’s largest companies even with small capital,“ said FTX representatives.
When working with tokenized assets, traders will pay standard FTX commissions: 0% for market makers and 0.04-0.07% for market makers.
Real securities are held by FTX partner, the German investment Bitcoin Profit scam company CM-Equity. To trade in tokenized shares, verification documents must be sent to CM-Equity after passing KYC 2 on FTX.
FTX is a cryptoderivative exchange supporting spot, futures and over-the-counter trading. On FTX it is possible to trade options on BTC, leverage tokens and MOVE contracts.
Until 4 November, the Cryptorium Exchange holds a bonus promotion for new users. 2000 participants will receive between $5 and $500. The amount of the bonus depends on the net amount of the trader’s deposit.
Earlier FTX launched a „Three-digit Tournament“ for Russian-speaking traders. The participants‘ task is to get the largest trading volume. The winners will receive from $333 to $999. Registration is open until 31 October.