FTT can be used as collateral for futures positions . This increases utility and demand for FTT. The same applies when they launch margin trading in the future. Customers who hold a certain amount of FTT for a period of time will receive lower FTX futures fees.
Read moreWhy does FTX burn FTT?
FTX will buy FTT on its FTT/USD market. Bought FTT will be burned on a weekly basis in accordance with a schedule adopted by FTX . The current schedule typically starts at 10pm UTC+8 each Monday, with purchased tokens burned by 11:59pm UTC+8 Tuesday.
Read moreWhat Blockchain is FTT on?
Introduction. FTT is a token used on FTX , an international crypto derivatives exchange.12 Ara 2021
Read moreCan you store FTT on ledger?
Yes , You can secure and manage your FTX-Token with Ledger Hardware Wallets and Ledger Live application.
Read moreHow do you sell FTT tokens?
How to sell FTX Token
Read moreIs FTT an ethereum token?
How Is the FTX Token Network Secured? FTT is an ERC-20-compatible exchange token . The Ledger Nano X/S hardware wallet allows users to securely store and manage the FTT tokens via its Ethereum app.
Read moreWhat is FTT token?
FTT is a token that serves as the backbone of the FTX ecosystem . The token is intricately designed to increase network effects and demands for the token, while also helping to decrease its circulating supply.
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