What is FTX Token (FTT)?


FTX Token (FTT) is a cryptocurrency issued by the FTX cryptocurrency exchange. The FTX exchange, which is shown among the largest cryptocurrency exchanges in the world with its volume, launched the FTX token (FTT) in 2019 in order to keep its ecosystem alive and promote it.
FTX Token (FTT)
The FTX exchange, which is behind the FTX token, is a cryptocurrency exchange that was founded by prominent cryptocurrency traders of recent years to solve many user problems in cryptocurrency futures. FTX exchange is a crypto derivatives exchange that offers worldwide futures, leveraged token and over-the-counter (OTC) options, focusing on solutions for its institutional clients. FTX token, which provides great advantages to FTX exchange users in many areas, is classified as a utility token.
Who are the founders of FTX Token (FTT) and FTX exchange?
FTX token, or FTT, was founded by Sam Bankman-Fried and Gary Wang. Sam Bankman-Fried (SBF) is also the co-founder and CEO of the FTX cryptocurrency exchange. Sam Bankman, who is also the CEO of Almeda Research, has reached the position of the richest person under the age of 30 according to Forbes, with the investment of 900 million USD in the FTX exchange in 2021. Sam Bankman functions as a crypto venture capital fund as well as investing in promising projects in the crypto money world with Almeda Research.
FTX Token (FTT) statistics
FTX Token is not a mining cryptocurrency. FTT was released on Ethereum in 2019 as an ERC-20 token. For this reason, the FTX token, which can only be purchased on exchanges, has a total supply of 333,688,070. The total FTX token available in the market may vary with the campaigns and events held by the FTX exchange. According to the statement made by the FTX exchange, it permanently removes 33% of all transaction fees created in FTX futures, 10% of net additions to the Insurance fund, 5% of transaction fees earned from other uses of the FTX platform by purchasing FTX Tokens from the market in certain periods. #ContentStar# #GateioTurns10#
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ElonMuskvip
· 2023-06-22 13:25
Google the project side and send it again
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