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Many crypto traders are now looking for FTX alternatives, i.e. secure trading platforms for cryptocurrency with no risk of loss.
According to the oanda.com website, OANDA Corporation has been leading the trading industry for more than 25 years, since the now bankrupt and defunct FTX (and FTX US) in 1999. Compared to the one established in 2019. An outstanding reputation for innovation, excellent customer care and transparent pricing, all delivered through smart platforms.
What many don’t know is that Oanda Corporation, which first made its name as a forex trading platform, now supports cryptocurrency trading.
OANDA – the best FTX alternative
The OANDA platform currently supports 13 popular cryptocurrencies traded against the US dollar.
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Litecoin (LTC)
- Binance Coin (BNB)
- Cardano (ADA)
- Chainlink (LINK)
- Dogecoin (DOGE)
- Polkadot (DOT)
- EOS (EOS)
- Stellar (XLM)
- Tezos (XTZ)
- Uniswap (UNI)
At the time of writing, the distribution of those assets is as follows
Crypto prices are low after the recent market crash, exacerbated by the FTX crash. Many investors wait for the swing and start opening long positions before the next bull cycle.
In particular, Uniswap has been tipped to perform well, a decentralized exchange (DEX) that traders are growing in popularity with.
As well as cryptocurrency assets and FX trading, OANDA’s other trading markets include indices, metals, stocks and commodities. Their MarketPulse blog provides insight into what’s happening in the financial markets and tips on where to invest.
OANDA has positioned itself well to become a worthy FTX alternative, having won several awards including Most Popular Broker 2021 (awarded by TradingView) and Best Trading Tools (Online Personal Wealth Awards 2021).
Learn more in our OANDA review, where we dive deep into the platform.
Visit OANDA
OANDA Corporation is regulated by the CFTC/NFA (Member ID: 0325821). CFDs are not available to residents of the United States.
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