FTX unstake

How to sell FTX Token

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.

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.

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.