Why did Binance liquidate FTT?

Binance announced that it is liquidating its holdings of FTT, following speculation regarding the solvency of FTX. Binance holds about 23 million FTT tokens, worth about $529 million Following the news, FTT, the native token of FTX, fell 12% in the past 24 hours.

How much is FTX token (FTT / USD) on Binance?

Binance has the lowest transaction fee rate amongst all major trading platforms. The live price of FTX Token is $ 1.6059331 per (FTT / USD) with a current market cap of $ 528.18M USD. 24-hour trading volume is $ 19.87M USD. FTT to USD price is updated in real-time. FTX Token is -2.14% in the last 24 hours with a circulating supply of 328.90M.

What can I do with Binance NFT?

Buy/sell crypto, set up recurring buys for your investments, and discover what Binance has to offer. Open rare Mystery Boxes, explore IGOs, Fan Tokens, and more with Binance NFT. Reach more customers as you pay and get paid in crypto with our borderless payment technology on Binance Pay & Binance Marketplace.

How does Binance work?

Binance is used by millions of traders for exchanging and investing in various cryptocurrencies. To start trading, users must complete the necessary know-your-customer (KYC) requirements. Upon successfully creating a trading account, they can add funds to their public wallet address (provided by Binance) to start trading.