FTX Token (FTT) One Day Volume Reaches $39.41 Million

FTX Token (FTT) traded down 6.6% against the US dollar during the 24 hour period ending at 14:00 PM ET on March 10th. One FTX Token token can now be purchased for $1.16 or 0.00001486 BTC on major exchanges. FTX Token has a total market cap of $382.79 million and approximately $39.41 million worth of FTX Token was traded on exchanges in the last 24 hours. Over the last week, FTX Token has traded down 29% against the US dollar.

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

• Taiko (TAIKO) traded 2.9% lower against the dollar and now trades at $0.71 or 0.00000910 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4% against the dollar and now trades at $78,826.19 or 1.00633448 BTC.
• SolvBTC (SOLVBTC) traded 4.4% lower against the dollar and now trades at $78,757.32 or 1.00545531 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 message board is medium.com/@ftx. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here. FTX Token’s official website is ftx.com.

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 presently 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, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy FTX Token using one of the exchanges listed above.

FTT/USD price chart by TradingView