FTX Token (FTT) 24 Hour Volume Reaches $45.59 Million

FTX Token (FTT) traded 6.2% higher against the US dollar during the 24 hour period ending at 14:00 PM Eastern on August 5th. One FTX Token token can now be purchased for approximately $1.29 or 0.00002359 BTC on major cryptocurrency exchanges. Over the last seven days, FTX Token has traded 10.1% lower against the US dollar. FTX Token has a total market cap of $422.75 million and $45.59 million worth of FTX Token was traded on exchanges in the last 24 hours.

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

• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 3.7% lower against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 5.4% lower against the dollar and now trades at $0.0646 or 0.00000118 BTC.

FTX Token Profile

FTX Token launched on July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. FTX Token’s official message board 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) was developed by the FTX derivatives exchange as a cryptocurrency token for various purposes within its ecosystem, including paying transaction fees, acting as collateral, and purchasing services. FTX, founded by Sam Bankman-Fried and Gary Wang, emerged as a prominent cryptocurrency derivatives exchange, offering an array of financial products such as futures, options, and leveraged tokens. However, the platform experienced a swift collapse in November 2022 following concerns over its financial stability and management practices, particularly regarding its heavy reliance on FTT and the solvency of its associated entity, Alameda Research. The unfolding of events, including a failed acquisition by Binance and subsequent bankruptcy filings, underscored the inherent risks and volatility within the cryptocurrency market.”

Buying and Selling FTX Token

It is usually not currently possible to buy alternative cryptocurrencies such as FTX Token directly using US dollars. Investors seeking to trade FTX Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy FTX Token using one of the aforementioned exchanges.

FTT/USD price chart by TradingView