FTX Token Price Down 0.1% Over Last 7 Days (FTT)

FTX Token (FTT) traded 0.9% higher against the dollar during the one day period ending at 15:00 PM ET on October 19th. During the last week, FTX Token has traded down 0.1% against the dollar. One FTX Token token can currently be bought for approximately $2.08 or 0.00003046 BTC on major exchanges. FTX Token has a total market capitalization of $682.99 million and approximately $45.45 million worth of FTX Token was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 up 30.2% against the dollar and now trades at $0.0787 or 0.00000115 BTC.
• P2P Solutions foundation (P2PS) traded 0.8% lower against the dollar and now trades at $170.78 or 0.00250471 BTC.

FTX Token Token Profile

FTX Token launched on July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. The official message board for FTX Token is medium.com/@ftx. FTX Token’s official website 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 purchase alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to acquire FTX Token should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase FTX Token using one of the exchanges listed above.

FTT/USD price chart by TradingView