FTX Token (FTT) logo
FTX Token (FTT) logo

FTX Token (FTT) Review

Expert Review
Nov 17, 2020

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:

  • Weekly buying and burning of fees
  • Lower FTX trading fees
  • OTC rebates
  • Collateral for futures trading
  • Socialized gains from the insurance fund
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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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