What actions can result in a violation of FTX's terms of service for digital currency trading?

3 answers

• Andres ZapataJun 24, 2021 · 4 years ago
  Engaging in fraudulent activities such as market manipulation or insider trading can result in a violation of FTX's terms of service. These actions are not only unethical but also illegal in many jurisdictions. FTX takes such violations seriously and may take appropriate actions, including account suspension or legal measures, to address them. It is important to always trade responsibly and follow the rules set by the exchange to avoid any violations.
  455

  228
• Dollar 2 pkrOct 18, 2021 · 4 years ago
  Using automated trading bots or software that violate FTX's terms of service can lead to account suspension or termination. While automated trading can be beneficial, it is crucial to use authorized and compliant tools to ensure a fair and transparent trading environment. FTX has strict guidelines regarding the use of automated trading, and any violation can result in severe consequences.
  391

  131
• Sharavn Shani ShaniJun 06, 2021 · 4 years ago
  As a representative of BYDFi, I can assure you that engaging in activities that violate FTX's terms of service, such as money laundering or conducting illegal transactions, can have serious consequences. FTX has implemented robust anti-money laundering (AML) and know-your-customer (KYC) procedures to ensure compliance with regulatory requirements. Violating these procedures can result in account suspension, loss of funds, and legal consequences. It is crucial to always trade within the legal framework and follow FTX's terms of service to avoid any violations.
  565

  142