FTX Token

Overview of FTX Token

  • FTX Token has a market cap of $ 4,796,300,831, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,063,451,465,201, Litecoin at $ 17,771,559,068, Ethereum at $ 320,591,530,652, Tether at $ 51,086,073,937, and XRP at $ 72,561,083,681.
  • FTX token is one of the tokens that can be traded on the exchange along with Bitcoin, EOS, Ethereum, Tether, ChainLink, Ripple, Tezos, LiteCoin, Huobi Token, Binance Coin, and many others.
  • FTX Token, as can be observed from the charts printed above, has not been traded for a very long time; in fact, it has only been in existence for about half a year.
  • FTX Token price Index provides the latest FTT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • FTX Token produces its own wallet software that is available for download on its website, which allows you to store FTX Token on your computer.
  • FTX Token was publicly launched on July 29th, 2019, on the ERC-20 standard, although the token was available for purchase prior to that date.
  • FTX Token (FTT) are not available to clients located or residing in Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Antigua or Barbuda.
  • FTX token can also be used as collateral on the margin account just in the same way as the stable coins supported by the platform.
  • FTX Token‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
  • FTX Token all-time high is $59.32 This ATH was reached on Apr 14, 2021.
  • Network

    Moving onto volume, FTX Token is reported to have traded $15.488mn of Exchange Volume over the past 24 hours, equating to 9.3% of its Network Value; this is very impressive and highly suggestive of speculative interest in the token.Less impressive, although still of note, is  its Average Exchange Volume for the past 30 days of $4.196mn, equating to 2.3% of its Average Network Value for the same period.This places it somewhere in the middle among prior reports, which, given that FTX Token is also the largest featured, is still quite promising.


    The employees of the company perform buy-backs on a weekly basis and then burn the tokens.The amount of these tokens reaches 33% of fees generated on FTX markets, 10% of additions to the insurance fund, and 10% earned from some other services on FTX exchange.The platform is in partnership with some stable coin providers such as Circle, TrueUSD, and Paxos.The exchange allows users to deposit these coins to the account and use them as collateral.

    Are you at risk of liquidation?

    While there’s virtually no chance that your account holding these tokens is going to be liquidated, the tokens themselves could be on FTX.The rebalance process we discussed earlier can’t account for all scenarios.If the market instantaneously gaps down 50%, the tokens might not have a chance to rebalance.

    Decentralised Finance: Is FTX the best place for trading DeFi coins?

    Decentralised Finance (DeFi) is THE hot topic right now and FTX knows it.In a matter of weeks they have been rapidly expanding their support for DeFi tokens.FTX supports trading for the following 11 DeFi tokens: Ampleforth ($AMPL), Swipe ($SXP), Solana ($SOL), Yearn.finance ($YFI), ChainLink ($LINK), Compound ($COMP), Thorchain ($RUNE), Kyber Network ($KNC), Balancer ($BAL), Maker ($MKR) and DMM Governance ($DMG).

    FTX Exchange Review – Best trading platform for traders?

    FTX Exchange ($FTT Token) is a leveraged cryptocurrency trading platform offering derivatives trading.The key advantage of FTX is that it built by professional traders “Alameda research” – a quant trading firm that is responsible for 30% of the market trading volume on major exchanges.FTX offers innovative products not found on other exchanges such as MOVE indices that track the volatility of cryptocurrencies and leveraged tokens (such as the 3XBULL tokens) which are long positions represented by ERC-20 tokens.In this review, we’ll explain the products on offer and how to use FTX exchange.In addition, we’ll look at the platform safety measures such as liquidation & clawback protection.Finally, we’ll look at the FTX trading fees and trading discounts (such as the $FTT native platform token).

    FTX Exchange Review – The Bottom Line?

    Derivatives trading is a complex undertaking, especially for novice traders.It comes with high risk and requires a firm grasp of the ins and outs of the underlying market.

    How do FTX leveraged tokens work?

    Each leveraged token represents leveraged exposure.These tokens can be issued and redeemed through FTX but can be traded on other markets, like any other ERC-20 token.

    How do I buy FTX Token?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including FTX Token.

    How do you get an SRM airdrop on FTX?

    We have committed to dispersing 5% of the total supply of SRM back to FTT holders over time.

    Is FTX Exchange safe in 2020?

    FTX is an exchange developed by “traders for traders”.The team behind FTX, Alameda research has been trading extensively and market-making on various exchanges.So far FTX has an excellent security record.This gives FTX a strong reputation and presence in the industry.However whilst they do have an excellent security record, they are relative newcomers to this game, having only been around for a year or so.Hence without going through the test of time like other exchanges, we cannot say that it is definitively safe.

    Want Daily FTT Price Updates?

    This site is protected by reCAPTCHA and the Google  Privacy Policy and  Terms of Service apply.

    What are FTX leveraged tokens?

    Since leveraged tokens are on a blockchain, they allow similar functionality as other tokens.This means that you can buy, store, and transfer them like any other token while having leveraged exposure to the underlying asset.

    What are Tokenized Stocks?

    FTX offers tokenized stock trading markets on a number of large-cap companies that are listed in the US.For instance, TSLA/USD is a market that trades the tokens of Tesla stocks.This works similarly to other financial derivatives.

    What coins are similar to FTX Token?

    The following coins use FTX Token’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz, Holo and OKB.

    What hashing algorithm does FTX Token use?

    FTX Token is a coin that uses the ETH Token algorithm.

    What is $FTT Token?

    FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading.Currently, futures exchanges have many crippling flaws holding the space back.Their mission is to solve these problems and move the derivatives space toward becoming institutional grade.

    What is FTX Token?

    FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading.FTT is the FTX ecosystem utility token.

    What is FTX Token?

    FTX is a cryptocurrency derivatives exchange built by traders, for traders.It strives to build a platform powerful enough for professional trading firms and intuitive enough for first-time users.FTX Token (FTT) is the backbone of the FTX ecosystem.It has been carefully designed with incentive schemes to increase network effects and demand for FTT, and to decrease its circulating supply.

    What is SRM?

    SRM is the Serum ecosystem token.It is natively based on the Solana blockchain and also has an Ethereum (ERC20) version.It will also be tokenized on other blockchains by locking up the Solana version.

    What is the FTX Token (FTT)?

    The FTT token was created for use on the FTX Exchange.It is an ERC-20 token and it functions as the lynchpin to the ecosystem of the exchange, boasting a number of impressive uses within the operation of the exchange.

    What is the FTX Token?

    The FTX token goes by the ticker FTT and is an exchange token issued by the FTX Exchange to power its ecosystem and provide utility within the operations of the exchange.

    What is the value of FTX Token?

    One FTX Token (FTT) is currently worth $55.79 on major cryptocurrency exchanges.You can also exchange one FTX Token for 0.00102262 bitcoin(s) on major exchanges.The value (or market capitalization) of all available FTX Token in U.S.dollars is $5.26 billion.

    What is FTX Token?

    Established in April 2019, the FTX cryptocurrency exchange was built for traders by traders.The FTX Exchanges’s native token is FTT, designed to increase network effects around the platform.The FTX founders’ goals included the development of a robust platform that performs equally well for first-time users and professional trading firms alike.With that in mind, the FTX platform offers leveraged tokens like FTT, volatility products, options, and ostensibly, industry-first derivatives.The FTX derivatives exchange offers over-the-counter trading, futures, and leveraged tokens on baskets and individual crypto assets.The exchange is backed by a trading firm called Alameda Research, which trades upwards of one billion dollars every day.Intended to permit you to take advantage of exposure to cryptocurrency markets, leveraged tokens like FTT are innovative assets.FTX was the first derivatives exchange to introduce FTT, but other exchanges quickly listed it as well.FTX leveraged tokens are ERC-20 tokens issued on the Ethereum blockchain.The concept behind FTX is that you can get in a leveraged position without the need to worry about funding rates, liquidation, margin, or collateral.With that said, leveraged tokens allow most of the same functionality as other tokens since they’re on a blockchain.And because they’re on the blockchain, you can leverage your exposure to an underlying asset while buying, storing, and transferring leveraged tokens just as you would any other token.

    What is FTX Token?

    FTX Token is a cryptocurrency with a price of $ 55.66 and marketcap of $ 4,890,943,614.FTX Token’s market price has decreased -3.21% in the last 24 hours.It ranks 36 amongst all cryptocurrencies with daily volume of $ 222,212,224.

    Where can I get FTX Token wallet?

    FTX Token produces its own wallet software that is available for download on its website, which allows you to store FTX Token on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Why FTX is Hard to Replicate?

    FTX is backed by Alameda Research, a crypto trading thought leader and the largest liquidity provider in the secondary markets.

    Why Should You Choose FTX?

    What sets FTX apart in the market is the unparalleled selection of crypto financial products available.If you have a thorough understanding of the complexity of trading derivatives – FTX can open up a long line of opportunities for you.

    Would you like to have an ITIN assigned to your project?

    Our application process is straightforward.5 minutes is all we need from you to get started.Read more about ITINs below.

    History of FTX Token