FTX App (formerly Blockfolio) Overview and Referral Benefits

FTX Logo
FTX has gone bankrupt in November 2022. Removing any referral links.

Distinguish between FTX.com, FTX.us and FTX

These are three separate platforms under the same parent company.

  1. FTX.us: targeted at users in USA and not covered in this website.
    • corresponding mobile app is ‘FTX.US Pro’
  2. FTX.com: meant for international users.
    • corresponding mobile app is ‘FTX Pro’
  3. FTX (formerly Blockfolio):
    • corresponding mobile app is ‘FTX’
    • to avoid confusion, I will refer it as ‘FTX App’ throughout the site.
FTX three apps
Three different apps in the app store

Notes:

  • users have to sign up for each platform separately.
  • trading on FTX App is supported by FTX.com or FTX.us, depending on where the user is from.
Table of Contents

Company

FTX App was formerly known as Blockfolio, a portfolio tracking app that and was acquired by FTX in May 2020.

Investors

  • FTX raised $400 million from investors at a valuation of $32 billion [Jan 2022]
    • funding round included investments from Singapore’s Temasek Holdings and SoftBank
  • FTX raises $566m in funding round co-led by Singapore investment company Temasek [Oct 2021]
    • Crypto firm FTX Trading has raised fresh capital at a valuation of US$25 billion (S$33.7 billion), making it one of the most richly valued crypto start-ups.
  • FTX raised $900 million from the likes of Coinbase Ventures and SoftBank at an $18 billion valuation [Jul 2021]

Key metrics

  • 6+ million customers [May 2022]

Presence in Singapore

Unknown

Regulation by Monetary Authority of Singapore (MAS)

Unknown

Ecosystem

News feed

The app aggregates crypto market news from various sources for easy reading.

Portfolio Tracking

You can track you crypto portfolio across exchanges.

βœ”οΈ Unique Selling Proposition (USP)

Beginner friendly

Uses market orders for trades which is not so intimidating for beginners.

Earn free crypto on every trade over $10

Every trade over $10 earns you a chance to get a random free coin. The more you trade, the more you earn.

For my first trade over $10, I received one coin of ‘Kin’. I have never heard of ‘Kin’ previously and the value of the one coin was a measly $0.00001709.

Earn on crypto and fiat deposits

Earn up to 8% on all crypto and fiat deposited.

Social login

Conveniently login with your Google account.