+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 money. However You can still easily buy this coin by first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy FTT.