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

FTX Token (FTT) Review

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Site: ftx.com
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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