FTX Token (FTT) Hits Market Capitalization of $334.23 Million

FTX Token (FTT) traded down 0.3% against the dollar during the 1-day period ending at 18:00 PM ET on May 26th. One FTX Token token can currently be purchased for about $1.02 or 0.00003801 BTC on popular exchanges. During the last week, FTX Token has traded 5.3% lower against the dollar. FTX Token has a total market cap of $334.23 million and $6.34 million worth of FTX Token was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00001249 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 2.1% lower against the dollar and now trades at $0.0017 or 0.00000007 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.4% against the dollar and now trades at $0.0089 or 0.00000033 BTC.

FTX Token Token Profile

FTX Token’s launch date was July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. The official message board for FTX Token is medium.com/@ftx. The official website for FTX Token is ftx.com. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here.

According to CryptoCompare, “FTX Token (FTT) is a cryptocurrency token created by the FTX derivatives exchange. Used to pay transaction fees, as collateral for margin trading, and to purchase products and services, it also provides holders with a share of the exchange’s revenue and incentivizes its liquidity. FTX is a crypto derivatives exchange offering futures, options, and leveraged tokens for trading. In Nov. 2022, CoinDesk reported on Alameda Research’s undisclosed leverage and solvency, triggering the collapse of FTX.”

Buying and Selling FTX Token

It is usually not possible to purchase alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to acquire FTX Token should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase FTX Token using one of the exchanges listed above.

FTT/USD price chart by TradingView