According to FTX, it would provide commission-free trading and access to “hundreds of US exchange-listed products,” including common stocks and ETFs. Customers will be able to fund their accounts using credit card deposits, ACH transfers, and wire transactions. FTX also claims to be the first exchange to allow customers to fund their accounts with fiat-backed stable coins like USDC. Stablecoin prices aren’t intended to vary as much as other cryptocurrencies because they’re tied to a currency or commodity, but a recent drop in the general crypto market has left some stablecoins floundering.
