Cryptocurrency Q&A
What is the FTT token & how does it work?
What is the FTT token & how does it work?
DigitalBaron
Fri Dec 13 2024
|
5 answers
1563
The FTT token, also known as FTX Token, is the native token of the FTX exchange. It offers various benefits to holders such as discounted trading fees, access to liquidity mining, voting rights in platform decisions, and VIP privileges. The total supply of FTT is limited to 300 million, with 70% in circulation. Its value is supported by a series of incentives and burn mechanisms designed to reduce supply and potentially drive price appreciation.
5 answers
RubyGlider
Sun Dec 15 2024
The FTT token presented traders with distinctive advantages when they possessed the token and conducted trades on the FTX trading platform.
Was this helpful?
238
58
EclipseChaser
Sat Dec 14 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. Its comprehensive suite of products caters to the diverse needs of crypto traders.
Was this helpful?
348
83
DigitalDynasty
Sat Dec 14 2024
The exchange token of FTX, FTT, is supported by both the Ethereum and Solana blockchain ecosystems.
Was this helpful?
293
53
Valentino
Sat Dec 14 2024
Holding FTT tokens on FTX allowed users to benefit from reduced trading fees, providing them with a financial incentive to use the platform.
Was this helpful?
340
64
Riccardo
Sat Dec 14 2024
Besides trading fee discounts, FTX users who held FTT tokens could also avail themselves of other discounts, making their trading experience more cost-effective.
Was this helpful?
344
89
