FTX Token Hits Market Cap of $523.26 Million (FTT)

FTX Token (FTT) traded 2.5% lower against the U.S. dollar during the one day period ending at 0:00 AM ET on February 8th. FTX Token has a market cap of $523.26 million and approximately $17.58 million worth of FTX Token was traded on exchanges in the last 24 hours. One FTX Token token can now be purchased for approximately $1.59 or 0.00003460 BTC on major exchanges. During the last seven days, FTX Token has traded down 21.7% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 0.7% lower against the dollar and now trades at $0.35 or 0.00000751 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% 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.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0121 or 0.00000026 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.2% lower against the dollar and now trades at $0.0090 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About FTX Token

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

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 presently possible to buy alternative cryptocurrencies such as FTX Token directly using US dollars. Investors seeking to acquire FTX Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy FTX Token using one of the aforementioned exchanges.

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