- Stephen Curry is an American basketball player who plays for the Golden State Warriors in the National Basketball Association.
- FTX is a cryptocurrency spot and derivatives exchange accessible to various customers.
- Stephen Curry has declared his long-term partnership with this exchange.
What did Stephen Curry announce?
In various developments, Stephen Curry, the professional American basketball player of the Golden State Warriors, announced his long-term partnership with the Cryptocurrency exchange, FTX.
The point guard for the Golden State Warriors has publicly declared his stake in the FTX exchange. He will also represent the cryptocurrency exchange as its newest high-profile athlete Brand Ambassador. This partnership is in pursuit of FTX’s aim of developing their platform for trading professionals as well as the retail traders entering the market for the first time.
FTX has products ranging from spot trading to futures segments suitable for traders of all experiences. They advise newbie traders to use spot trading features so as to avoid leveraged instruments such as futures and options. These leveraged instruments are highly volatile and risky investments especially in the cryptocurrency market.
FTX has taken various steps in 2021 to promote their platform among traders. Earlier this year, American Football star Tom Brady and model Gisele Bundchen also declared their partnership with the exchange.
FTX welcomed Stephen Curry to the team as its shareholder and global ambassador through the Twitter platform and acknowledged its relations with Tom Brady.
Who is Stephen Curry?
Stephen Curry is an American basketball player. He plays with the Golden State Warriors in the National Basketball Association. Stephen Curry is one of the only NBA players to enter into the cryptocurrency market. Players from other sports invested or affiliated with cryptocurrencies are Tom Brady from the National Football League, Spencer Dinwiddie from the NBA, Floyd Mayweather from boxing, Mike Tyson and Manny Pacquiao among others.
Stephen Curry is the most recent professional athlete to enter the cryptocurrency market at the age of 33. On entering the crypto market, he asked for advice from others on his twitter platform.
The tweet went viral across the Twitter platform as many athletes had jokes and suggestions on the Basketball star’s entry in the crypto market. Tom Brady, who has some experience in the cryptocurrency market tweeted his reply to Steph’s partnership.
The concept of laser eyes has been popularized among the Bitcoin community. Bitcoin maximalists or cryptocurrency enthusiasts identify themselves as supporters of these digitized assets through laser eyes on their profile photo.
Although the origin of the concept is unknown, it represents a campaign to support Bitcoin till it reaches the $100,000 mark. According to various rumors, if this cycle resembles the 2017 cycle, Bitcoin could reach as high as $120,000.
What is FTX?
FTX is a cryptocurrency-spot and derivatives exchange developed by a set of traders for the development of cryptocurrency trading. FTX offers a wide range of products to the traders who employ the platform to make trades in the digitalized assets.
These products include spot trading, derivatives segment namely futures and options, leveraged tokens, staking features and many more. They intend to create a platform that can be used by professional trading departments as well as the newbie traders.
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