+13.15% growth: How to Buy FTX Token (FTT) – A Step by Step Guide
CryptoBuyingTipshttps://cryptobuyingtips.com/guides/how-to-buy-ftx-token-ftt
What is FTT?
FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:
- Weekly buying and burning of fees
- Lower FTX trading fees
- OTC rebates
- Collateral for futures trading
- Socialized gains from the insurance fund
Currently FTT is being ranked 34 out of the top 100 cryptocurrencies on Coinmarketcap and has recently surged a hefty 13.15% at the time of writing.
FTT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy FTT.