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Binance Announces Strategic Investment in Cryptocurrency Derivatives Exchange FTX | Binance Blog

Binance Announces Strategic Investment in Cryptocurrency Derivatives Exchange FTX

164

SBF

@SBF_FTX

Dec 20, 2019

Working with them on this has been great. We've had talks with others about deals in the past and dealing with Binance on these talks was a world apart.

Calmly | full-time trader

Replying to

So what does this actually mean for the users of FTX?

Replying to

Good question! FTX is still run fully independently--so no huge changes immediately--but it opens the door for a huge number of opportunities for us and Binance to work together on products. Expect more support and reach on FTX's ventures!

8:49 AM · Dec 20, 2019Twitter Web App

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Calmly | full-time trader

Replying to

Doesn’t FTX directly compete with binance futures though?