FTT

What is FTT and how Does It Work?

FTX, an exchange initiated in May 2017 by Sam Bankman-Fried and Gary Wang, focuses on offering services such as spot trading, futures trading, and leveraged tokens. It holds FTT as its utility token and its holders can enjoy certain benefits. FTT started its journey with an initial exchange offering. FTX offers leveraged tokens and tokenized indices, attracting attention. Leveraged tokens exist to replicate the price movement of an underlying asset with a particular leverage factor. FTX also provides the feature of trading in fractionalized shares of well-known firms such as Tesla and Amazon, this feature falls under FTX’s tokenized equity markets. The exchange provides products like MOVE contracts to cater to the needs of traders. FTX has formed associations with various firms and organizations to enhance its service and widen its reach. The project also equips you with multiple trader tools to make your trading process smooth and effective. FTX is available across the globe with certain restrictions in some countries, catering to both retail and institutional traders. The user-friendly interface and responsive customer service further add to your trading experience. FTX continually strives to develop and introduce new features.

The Vision and Mission Behind FTT

FTT, the primary token engaged within FTX, empowers different activities throughout the system. It allows capabilities such as fee reductions, collateral for futures positions, interactions with the insurance fund, and OTC rebates. Engaging in FTT through binding provides additional benefits, enhancing your interaction with the platform. FTT's model revolves around utilizing fees to repurchase and reduce tokens, affecting the supply over time. This ties in with FTX's aspiration to offer an engaging experience for those involved in the token derivatives area. As the token environment shifts, FTT remains adaptable to your requirements.

How to Buy and Store FTT?

Traders can purchase the FTT token via Flooz.xyz, a one-stop solution that offers a streamlined process with a smooth checkout, eliminating the need to own a wallet. With Flooz support for all payment methods, buying FTT becomes as easy as tap, tap, go! Additionally, Flooz provides a self-custodial web wallet for seamless CAST transactions, allowing you to store, send, and receive tokens effortlessly. Storing, sending, and receiving tokens is a breeze with Flooz web wallet for CAST transactions. Creating a wallet on Flooz takes only a few seconds using your email, Google, or Apple ID. This platform's optimized trading experience has already captivated over 85,000 active traders, ensuring that you have full control over your funds, thanks to the power of cryptography. What's more, Flooz aggregates over 50+ providers, so you can always rely on the fastest and cheapest payment routes for your FTT trades. Don't miss out on the convenience and security Flooz.xyz brings to the table.

FTT Metrics:

• Current price: $2.0170

• Market cap: $663.37 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $248.56 k