FTX token (FTT)

FTX token (FTT) is the native cryptocurrency of the FTX exchange, a cryptocurrency derivatives platform launched in 2019. FTT is an ERC-20 token designed to incentivize and reward users of the platform. FTT can be traded on various cryptocurrency exchanges and can be used to pay trading fees on FTX. Holders of FTT can enjoy discounts on trading fees, access to exclusive trading products, and can earn passive income through FTX's Socialized Gain and Loss program. FTX has also been expanding its offerings, including the launch of a decentralized exchange (DEX) as well as introducing trading of spot markets, futures, options, leveraged tokens, prediction markets, and more. The growth and success of FTX have contributed to the increasing demand for FTT, making it a popular investment option in the cryptocurrency space.