FTX Token (FTT) Price Reaches $3.08 on Major Exchanges

FTX Token (FTT) traded down 6.6% against the dollar during the 24 hour period ending at 16:00 PM E.T. on November 17th. FTX Token has a market cap of $1.01 billion and approximately $132.98 million worth of FTX Token was traded on exchanges in the last 24 hours. One FTX Token token can now be purchased for approximately $3.08 or 0.00008466 BTC on popular cryptocurrency exchanges. In the last seven days, FTX Token has traded down 41.3% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 9.3% against the dollar and now trades at $0.43 or 0.00001195 BTC.
• 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.
• OmniaVerse (OMNIA) traded down 1.5% against the dollar and now trades at $0.0008 or 0.00000002 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded up 0% against the dollar and now trades at $0.0049 or 0.00000013 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 1% higher against the dollar and now trades at $0.0085 or 0.00000023 BTC.

About FTX Token

FTX Token was first traded on July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. FTX Token’s official website is ftx.com. The official message board for FTX Token is medium.com/@ftx. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here.

According to CryptoCompare, “FTX Token (FTT) is a cryptocurrency token created by the FTX derivatives exchange. Used to pay transaction fees, as collateral for margin trading, and to purchase products and services, it also provides holders with a share of the exchange’s revenue and incentivizes its liquidity. FTX is a crypto derivatives exchange offering futures, options, and leveraged tokens for trading. In Nov. 2022, CoinDesk reported on Alameda Research’s undisclosed leverage and solvency, triggering the collapse of FTX.”

Buying and Selling FTX Token

It is usually not presently possible to buy alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to trade FTX Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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