FTX will allow you to send cryptocurrency using your phone number and e-mail

The head of the FTX cryptocurrency exchange, Sam Bankman-Fried, has announced the launch of a new feature for customers and the company’s US division — from now on, FTX and FTX US users can transfer not only digital assets but also US dollars to an email address and phone number. Benckman-Fried announced the news on Twitter.

A new feature on https://t.co/ZcBNEuyiG9 and https://t.co/X88vVFRcnG:

Send!

Send crypto (or dollars) to any email or phone number. pic.twitter.com/irqa7rFlXS

— SBF (@SBF_FTX) November 1, 2022

The new option is available not only to regular FTX customers, but also to those who do not use the crypto exchange’s services regularly. However, to gain access to cryptocurrencies, you need to create an account on the platform, go through the KYC procedure, and confirm your email address. After that, the funds received will be displayed in the deposits section of the FTX interface.

Last week, it became known that FTX is working on the release of its own stablecoin. The head of the cryptocurrency exchange, Sam Bankman-Fried, said in an interview with The Big Whale that the crypto exchange is working on its own «stablecoin». The CEO assured that although the platform has its own technical base for creating and launching a stablecoin, the crypto exchange intends to do it within the framework of a partnership. Benkman-Fried has not yet named any specific candidates for cooperation.