FTX US has stopped the listing of tokens
Regulatory uncertainty caused the suspension of the listing on the FTX US crypto exchange.
The platform currently offers fewer tokens than competing exchanges. And with unclear regulation in the United States, the emphasis is on caution.
In comparison, on Huobi, the user has a choice of 487 coins and tokens. There are 395 listed assets on the most popular Binance crypto exchange, and 169 tokens are listed on the Coinbase crypto exchange. As for FTX US, out of 322 tokens and coins of the parent company, the US division of the exchange added only 27 assets to the listing.
The main concern, according to a representative of the crypto exchange, is the attitude of regulators towards digital assets. Many of them are still viewed with suspicion by the SEC, accusing them of having signs of securities.
To provide our customers with the highest level of comfort, FTX US only lists assets that are beyond doubt. These are projects with clear roadmaps and a clear purpose.
A Robinhood representative has a similar opinion. The platform's COO responded to a question about a possible listing of SHIB. According to Christine Brown, their strategy is different from other exchanges, whose goal is to list as many digital assets as possible. They do not intend to receive short-term benefits at the expense of potential inconveniences and trade-offs for their users.
If you decide to try your hand at the world of cryptocurrencies, do it with a trusted and reliable partner - Huobi.
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