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FTX Token FTT |
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$1.1 |
14.29 % (24h) |
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Marketcap |
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$360,582,033 |
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Volume 24h |
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$61,212,403 |
Description
FTX Token (FTT) is the native utility token of the FTX exchange, a cryptocurrency trading platform.
Launched in 2019, FTT is used for various purposes within the FTX ecosystem, including trading fee discounts, staking, and as collateral for futures trading.
FTT holders can also participate in token burns, which reduce the supply of FTT over time, potentially increasing its value.
The token plays a central role in enhancing user experience and engagement on the FTX platform.