FTX Token
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What is FTX Token?
FTX Token (FTT) is a native token of FTX Exchange. With the token, you pay fewer FTX trading fees, receive socialized gains from the insurance fund, you can buy and burn your fees weekly, and use it as collateral for futures trading.
FTX is a cryptocurrency derivatives exchange, aiming to build a platform powerful enough for professional trading firms and intuitive enough for first-time users. FTX is backed by Alameda Research, a cryptocurrency liquidity provider. Binance, a leading cryptocurrency exchange, invested in FTX in December 2019.
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