Today I will tell you about the FTX cryptocurrency exchange token.
The exchange was founded in 2019, but is already in the TOP 10.
The main areas are futures, leveraged tokens and scalping. More recently, the exchange launched the purchase of various stocks with cryptocurrencies such as Tesla, Amazon, Facebook and other blue chips. There are also staking and options on the exchange.
There are constant listings of new coins and various competitions for traders. All the tools for successful trading are present.
The exchange has its own FTX token. Since the foundation of the exchange and its popularization, it has been constantly growing. A part of the income from the liquidation of positions is credited to the token, the exchange buys and burns part of the tokens, the holders receive discounts on commissions.
In total, 94 million tokens were issued, which is a small amount for the cryptocurrency market. The capitalization of the exchange is constantly increasing, which provides an increase in the value of the FTX token.
Using Binance as an example, we saw how an exchange token can grow in a short time. I recommend FTX token for long term purchase.