To draw more users and increase their activity and incentives, large cryptocurrency exchanges release their native crypto assets that can be used in many different ways.
For example, crypto holders receive discounts on transaction fees and access to additional earning opportunities, passive income, etc.
FTX is one of the biggest crypto exchanges famous for its advanced futures trading tools. It released the FTX token, and in this article, we will discuss its special features.
What is FTT Crypto?
The token serves the following purposes:
- its holders access different events held by the FTX exchange;
- tokens are used in staking, allowing its holders to receive passive income;
- FTX crypto serves as collateral in futures trading contracts;
- token holders get up to 60% discounts on transaction fees.
Instead of picking a margin for trading, FTX users can just pick an appropriate FTX token.
The FTX platform regularly buys and burns tokens to maintain its demand and cut supply. Since the FTX exchange is popular among advanced traders, and its token gives many advantages to them, it is quite possible that the FTX crypto price will increase. Experts predict the rate of $38.65 in 2023.
Where Can I Buy FTT?
FTX crypto is available on all large crypto platforms. If you are a beginner trader, we recommend using the WhiteBIT exchange, for it offers a convenient interface that can be customised according to your needs and purposes.
You can buy FTX crypto using your bank card on the WhiteBIT crypto exchange, provided that you have registered and verified your account.
To buy FTX token with a bank card, you should register, pass KYC, attack your bank card and enter the “Trade” section where you pick FTT and dollars or euros (depending on what currency you have). The exchange will give you the current FTX crypto price and the fee you should pay for a transaction. WhiteBIT charges a minimum fee of 0.10%, which is much lower than other platforms charge.
To learn more about the FTT token and its opportunities, go to the FTX official website and social networks. To learn more about crypto training and futures, in particular, visit the White
