FTX is one of the most popular crypto exchanges along with Binance, Coinbase, Kraken, and WhiteBIT in terms of the set of trading tools for advanced traders. FTX is focused on expanded opportunities for futures trading, which is why experienced traders worldwide use this exchange for derivative futures contracts. However, the FTC exchange does not operate in the USA because of strict regulations of the crypto scope in the region. Instead, there is an FTX US platform that offers the same quality trading services but with limited functionality.
The exchange has its native crypto asset – FTX token. It is used by the platform’s clients to reduce transaction fees. Crypto FTT holders receive discounts on commissions within the FTX exchange. The token can also be used for staking. Pay attention that it takes no less than 14 days to unlock tokens. If you unlock them before the staking period expires, you bear losses and have to pay penalties. So be attentive when reading the staking conditions. Important to note that following all the staking rules, users receive significant income.
The FTX token is quite popular among the platform’s users. Moreover, its value has grown over the course of the last year. As of September 2022, the price of FTT coin is $23,33.
The token has been listed on all large crypto exchanges, including the WhiteBIT platform. It is a credible service for crypto exchange, futures, margin, spot, p2p and many more trading opportunities, allowing to create pairs with fiat currencies.
How to buy crypto on WhiteBIT:
That’s it! You receive FTT crypto in your account in a matter of seconds.
When investing in crypto, bear in mind that crypto trading is a highly risky activity, so access the risks and diversify your investment portfolio. To learn more about the crypto scope and trading, go to the White Blog.