Cryptocurrency Q&A
What was the FTX coin?
What was the FTX coin?
Margherita
Tue Nov 26 2024
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5 answers
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FTX coin, also known as For The Win, was a cryptocurrency associated with the FTX exchange. The exchange, founded by Sam Bankman-Fried, specialized in spot markets, derivatives, options, and Leveraged products. However, in November 2022, FTX collapsed, filing for bankruptcy and leaving many investors with significant losses.
5 answers
NebulaSoul
Thu Nov 28 2024
FTX emerged as a prominent player in the global cryptocurrency exchange market.
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Carlo
Thu Nov 28 2024
It offered a wide range of trading options, including spot trading, derivatives, and leveraged trading.
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Alessandra
Wed Nov 27 2024
Customers could trade commonly traded cryptocurrencies on the platform.
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Lorenzo
Wed Nov 27 2024
In addition, FTX also facilitated trading in NFT collectibles, catering to a niche market.
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EchoSeeker
Wed Nov 27 2024
Unfortunately, the exchange faced financial troubles and ultimately went bankrupt.
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