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FTX is one of the world’s leading cryptocurrency derivatives exchanges. The exchange offers users a host of features, including futures, leveraged tokens and access to an over-the-counter (OTC) trading service.
FTX’s success in recent years has seen it become a go-to crypto investment platform for many institutional clients. The exchange's main competition includes other established exchanges such as Deribit, Binance, OKEx and Huobi.
FTT is the native cryptocurrency of FTX. According to the FTT whitepaper, the token is designed to be the backbone of the exchange and drive the platform forward. Initially designed for exchange rewards, the token now fulfils other functions within the ecosystem. VIP discounts are offered to users depending on the amount of FTT tokens held. Traders can use FTT tokens as collateral against futures positions and the token can also be used to provide liquidity to the exchange in return for rewards.
FTX Token (FTT) is the 23rd largest cryptocurrency in the world by market cap, valued at $4,035,641,370. The current price of FTX Token is $41.7783, which is -0.317% lower than yesterday. Prices have ranged between $42.6102 and $40.4529 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 25, 2022 08:05 UTC.
| Coin symbol | FTT |
|---|---|
| Coin Marketcap | AUD$4,035,641,370 |
| Total FTT supply | 332,043,970 |
| Circulating FTT | 136,174,634 |
| Current price | AUD$41.7783 |
| All time high | AUD$167.3529 |
| All time high date | September 09, 2021 |
| Notable team members | Sam Bankman-Fried |
| Partnerships | MLB, Paxos, Nerd Street Gamers |
| Industry | Centralised exchange |
| Token uses | Platform discounts, utility token |
| Network | Ethereum |
Historical prices compared with the price of $41.7783.
| 1 hour | -0.11% |
|---|---|
| 24 hours | -0.32% |
| 7 days | -7.60% |
| 14 days | -10.33% |
| 30 days | -27.35% |
|---|---|
| 60 days | -40.45% |
| 200 days | -49.84% |
| 1 year | -11.01% |
Disclaimer: Cryptocurrencies, including FTX Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FTT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the FTX Token or any other cryptocurrency discussed.
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