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What is FTX Token all about
FTX is an Antigua and Barbuda-based derivatives exchange launched in 2019. FTX is functioning as a regulated exchange in the USA registered as a Money Services Business (MSB). FTX exchange offers futures contracts, perpetual futures contracts, MOVE Contracts, options, prediction markets, sport markets, OTC trading and many other forms of crypto leverage trading. FTX exchange is built by a team at Alameda Research, one of the largest market makers in the crypto industry worldwide.
FTX is partnered with Binance to provide liquidity and assistance from Binance US and Binance OTC to their platform. Binance is also one of the leading investors of FTX. The team at FTX exchange is led by Sam Bankman-Fried, an MIT graduate who was a trader at Jane Street Capital’s international ETF desk and Gary Wang, a software engineer at Google.
FTT token is the native token of FTX exchange. Utility of FTT tokens lies in providing discounts on trading fee, OTC rebates, collaterals for leverage tradings, insurance fund, and weekly buying back and burning of fees. All these features help in keeping the price of FTT tokens stable.
FTX has a liquidation engine and a liquidity providing system which handles margin calls and prevents clawbacks. Index Futures on FTX allows users to trade on futures of indexes created from large cap coins. FTX’s MOVE contracts allow you to speculate on the movement of prices of specific cryptocurrencies. MOVE contracts are also futures that expire according to the raw amount of BTC.
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FTT Questions & Answers
What is the FTX Token price today?
Current price of FTX Token is 30.72 Euro.
What was FTX Token's highest price?
The price of FTX Token peaked on 2021-09-09, at 71.15 Euro.
Is FTX Token going to be worth more in 1 month time?
Based on our prediction, we estimate that the price of FTX Token will be between €25.00 and €42.05 in 1 month time.
What price will FTX Token reach 6 months from now?
There is no easy way to make an accurate long-term prediction, however according to our short term price prediction we estimate that FTX Token's value is likely going to reach between €6.14 and €42.05 half year from now.
What will FTX Token be worth in 3 months time?
Based on our short term prediction we suspect FTX Token's price is likely going to be between €21.34 and €42.05 3 months from now.
Is FTX Token popular?
0 Reddit users engaged in discussing FTX Token on Reddit in the last 2 days. FTX Token's official Twitter profile is currently followed by 671991 people.
10 days FTX Token price forecast
Long term FTX Token price prediction