LEEUWARDEN – Advanced crypto traders and investors have definitely heard about such popular crypto exchanges as Binance, FTX, WhiteBIT, Coinbase, and others. Moreover, experienced traders usually have accounts on several platforms for efficient work. The FTX exchange is often used by advanced traders because it offers expanded opportunities for futures derivative trading. The platform does not work in the USA since the regulations for crypto activities are restricted in that state. Still, some FTX tools are available for USA residents – the platform offers the FTX US department that has same-level trading tools but with restricted functionality.
FTT token is a native asset of the FTX exchange. It serves to reduce transaction fees for FTX users. So, FTT holders have discounts on commission in the exchange. FTX coin is also used for staking. If you lock your FTT coins in a staking program, you should know you cannot unlock them for 14 days. If you decide to withdraw tokens from staking, you will have to pay penalties. Staking is a very profitable activity if only you follow all the staking rules and do not take tokens back before the staking period expires.
Since the FTX platform is incredibly popular among traders, its token has positive prospects for future growth. Owning an FTT token makes sense for those who actively use the FTX exchange. Buy crypto is one of the most traded in the market. As of October 2022, the FTT coin price is $22.24. That is another crypto asset worth investing in.
FTT token is available on all large crypto exchanges. Its market capitalisation is over $2 billion, and its trade volume exceeds $39 million. You can buy crypto on the WhiteBIT platform.
Here are some steps for buying FTT coin:
Look for more information on the FTX platform and its FTT token on its official website and social networks.
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