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FTX Token FTT

FTX Token Price (FTT)
$1.41
0.91% Buy FTT Now

0.0004 ETH

0.0000210 BTC

Buy FTT Now
Low: $1.40
High: $1.43
24h
Market Cap
$462,463,174
0.91%
Fully Diluted Market Cap
$462,879,185
0.91%
Volume
24h
$8,036,777
25.57%
Volume / Market Cap
0.0174
Circulating Supply
328,895,104 FTT
Max Supply
--
Total Supply
328,895,104

FTX Token (FTT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.06%

Joined at Feb 28, 2019

Following

758

0.00%

Tweet count

6,395

0.00%

FTX Token reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official FTX Token (FTT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

FTX Token telegram
Telegram Stats
Visit Telegram

Members

0.07%

Title

FTX - Built By Traders, For Traders

FTX Token traffic
Website Traffic
Visit Website

Website Rating (DR)

79 / 100

0.00%

Ahrefs Rank

16,816

0.83%

Organic Traffic (mo.)

89,695

9.96%

FTX Token github
GitHub Organization
Visit GitHub

Public repos

Created at May 05, 2019

Type

Personal

FTX Token github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official FTX Token (FTT) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers : 719,337

Members : 55,741


Live FTT Price Analysis

The current real time FTX Token price is $1.41, and its trading volume is $8,036,777 in the last 24 hours. FTT price has plummeted by 0.91% in the last day, and increased by 2.90% in the last 7 days. It’s important to note that current FTX Token market capitalization is $462,463,174, Talking about circulating supply, FTT has 328,895,104 coins. Currently, FTX Token rank on the market is #129.

FTX Token price today is 98.35% below all time high, and it is 279.89% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling FTT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is FTX Token (FTT)?

FTT is the native token of the FTX cryptocurrency derivatives exchange. You can check out the FTX token price on the FTT price chart placed above. With a focus on institutional-grade solutions, FTX provides users with OTC trading, leveraged tokens, and futures. The FTX crypto project is backed by Almeda Research, which is one of the top-tier crypto trading companies on the market. Overall, FTX aims to offer features that other derivatives exchanges don’t.

The main features of FTX include:

  • Universal stablecoin settlement. The derivatives on FTX are traded through stablecoins, which means that you only need one universally-accepted margin wallet.
  • Centralized collateral pool. The same collateral pool is used for all positions by default. Thus, any token stored in the central collateral wallet can be used as collateral.
  • Clawback prevention. FTX employs a three-step liquidation model to reduce the number of customer funds claimed by socialized losses.
  • Leveraged tokens. Traders can enter leveraged positions without trading on margin. They simply need to purchase leveraged tokens when they want to short their tokens with a certain quantity of leverage. ETH, EOS, USDT, and many other tokens can be leveraged on FTX. The leveraged tokens, as well as FTT tokens, are audited by the Blockchain Consilium.

Besides, despite the fact that the main function of FTX is allowing users to trade derivatives, it also allows them to transact fiat currencies. However, in order to do so, they have to undergo a 3-level  KYC verification. FYI, KYC stands for "Know Your Customer," and it’s a financial institution regulation that requires institutions to investigate clients' backgrounds before letting them use their services.

The Developers of FTX

Sam Bankman-Fried and Gary Wang are the founders of FTX.

Sam Bankman-Fried is an American entrepreneur and a billionaire. He has a Bachelor’s degree in physics. Apart from being a CEO at FTX, Bankman-Fried is also the CEO of Almeda Research. In 2021, investors valued FTX at $18 billion, making him one of the wealthiest people under 30 in history.

Gary Wang is a Chinese entrepreneur. He has a Bachelor's degree in computer science and mathematics. Similar to Bankman-Friend, he is a CTO of FTX as well as a CTO of Almeda Research.

Overall, FTX is built "by traders, for traders." The main intent of Sam Bankman-Fried and Gary Wang was to build their own derivatives trading platform that solves the problems of other similar derivatives exchanges.

The Purpose of FTT Tokens

FTT is the utility token of the FTX ecosystem. Essentially, it drives the whole FTX crypto project. FTT coins are mainly used to pay fees on the FTX exchange. However, FTT holders can get discounts on these fees. The size of a discount depends on the amount of FTX tokens a trader holds.

For instance, a 3% discount belongs to traders holding FTT tokens that are worth at least $100. 5% discount belongs to traders holding FTT tokens that are worth at least $1,000. After a holder reaches the amount of FTT tokens worth $5,000, he/she gets a 10% discount, as well as starts getting discounts for the OTC trading.

Though it doesn’t stop here. The discounts keep growing as the worth of FTT holdings keeps increasing. The ultimate discount is 60%, which is provided for holders that hold FTT tokens worth at least $5 million. In addition to that, these holders become 6th-level VIP members, which brings them additional privileges.

Besides, FTX tokens can be staked. By staking the tokens, holders get a huge variety of benefits. This includes increased referral rewards, lower maker fees and maker rebates, bonus votes in staking pools, increased airdrop rewards, free daily ERC-20/ETH withdrawals, and IEO tickets.

Lastly, just like the stablecoins offered by the platform, FTT coins can also be used as collateral on the margin account. In fact, accounts on the FTX exchange use FTT tokens as collateral by default (you can change that on the settings page if you want to use stablecoins instead).

Besides, don't forget that you can see the live FTX token price on the aforementioned FTT price chart above.

Tokenomics of FTT

Since FTT tokens are deflationary, they have a max supply of 345 million FTX tokens. To keep FTX tokens deflationary, the platform performs weekly buybacks. Essentially, FTX buys a portion of its own tokens each week and burns them. The amount of burned tokens is usually equal to 33% of FTX market fees, 10% of net additions to the Socialized Gains fund, and 5% of additional FTX fees.

Though, if you plan to buy FTT tokens, you should really keep in mind the fact that the FTX token price tends to fluctuate. Why? In essence, it happens because the fluctuations of the whole crypto market also affect the FTT price, alongside the prices of many other crypto assets.

Lastly, note that users in the US and some other jurisdictions cannot purchase FTT tokens.

What's FTX Token trading volume in the last 24 hours?

FTT has a trading volume of $8,036,777 in the last 24 hours.

What's FTX Token highest price ever?

FTT has a highest price of $85.02, which was reached on Sep 09, 2021 (2 years 10 months ago ).

What's FTX Token lowest price ever?

FTT has a lowest price of $0.3701, which was reached on Dec 11, 2022 (1 year 7 months ago ).

What are the best exchanges for buying and selling FTT?

Currently, the most active and dominating exchanges for buying and selling FTX Token are Binance, Kraken & Kucoin. The most popular FTX Token trading pairs are FTT/USDT (on Huobi Global ), FTT/USDT (on Gate.io ), FTT/USDT (on KuCoin ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping FTT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping FTX Token. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

FTX Token project's Circulating Supply has been verified and is equal to:

Circulating Supply

328,895,104 FTT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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