Thursday, September 29

FTX Exchange Offers $ 1 Million Prize For Banks To Accept Stablecoins By CoinTelegraph

© Reuters. FTX exchange offers $ 1 million prize for banks to accept stablecoins

Cryptocurrency derivatives exchange FTX is inviting banks to come forward and discuss the possibility of accepting stablecoins in exchange for a million dollar reward.

In a Twitter (NYSE 🙂 message posted on Tuesday, FTX said it was exploring the possibility of establishing relationships with banks in different regions to allow users to make “near-instant and near-free deposits and withdrawals” via stablecoins. The exchange floated the idea of ​​offering a $ 1 million prize to the first bank in each region to accept the tokens, but hinted that it would be open to giving more.

  • 5 cryptocurrency projects that set the trend in 2021
Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.