FTX Tutorials Volume 1, Part 1: Opening Your Account

Market Meditations | June 28, 2022

? FTX Tutorials Volume 1, Part 1: Opening Your Account

Step 1: Sign Up With A Link That Will Give You Discounts & Rewards

We at Market Meditations are proud to be partnered with FTX. That means, we are able to provide you with unique sign up links that will secure you discounts and rewards.

  • Residents of the EU and UAE, can sign up by clicking here.
  • Resident of the US, can sign up by clicking here.

Discounts -> Everyone who signs up using these links will get 10% off trading fees. This is the biggest discount you can get foFTX.

Rewards -> the first 1,000 users to sign up, are eligible to receive $15 for free.

The links will take you to a screen similar to that which is presented in the below image.

On this page, confirm that you are using the referral code “FREE15.” This will give you 10% off all trading fees and $15 for free for the first 1,000 users who sign up.

Next week, we will reveal in our newsletter exactly how you can get your free $15. For now, we will focus on how to set up your account.

Step 2: Open An Account

Now you’ll need to register an account by entering your email address and password. We recommend that you open an email that is reserved only for trading so you don’t miss any important messages. While any email provider will work, using an encrypted email address such as ProtonMail is best practice.

Be sure to choose a secure password. Password managers like LastPass or Dashlane are great solutions for increasing password security.

For plenty more on best practices when it comes to security, check out our 9 Step Essential Cryptocurrency Security Guide.

Step 3: Complete Identity Verification

In order to deposit funds and begin trading, you’ll need to complete identity verification.

While other exchanges often take weeks or months to verify your identity, FTX has an incredibly fast turnaround.

Navigate to settings and complete Level 1 Identity verification.

Note: You will need to complete Level 2 identity verification if you would like to enable unlimited crypto withdrawals.

Step 4: Complete 2FA Authentication

Note: If one-factor authentication is a password, two-factor authentication would be anything that adds an extra layer of security on top of that.

  • Another often-overlooked feature of FTX is requiring users to enable 2FA when opening an account.
  • When setting up 2FA, three options exist: using an authenticator app, security key, or SMS.
  • We recommend using either a security key or an authenticator app on a cold device (a device that doesn’t connect to the internet).
  • For a full explanation of 2FA as well as the various 2FA options, make sure to check out our 9 Step Essential Security Guide.

Congratulations! Your account is set up.

Next week, we will be sharing Part 2, where we will reveal how to deposit on FTX and how to get your $15 for free.