Why buy FTT?
1) FTT is the native token of the cryptocurrency derivatives exchange FTX.
2) FTT token can be used for collateral for a future position, for distributing insurance fund gains.
3) FTT is also used to purchase a white-label version of the OTC portal and futures exchange.
1) FTX is a cryptocurrency derivatives exchange that offers futures and leveraged tokens on both individual and baskets of crypto assets, over-the-counter (OTC) trading, and binary options.
2) The derivatives exchange is backed by Alameda Research, a trading firm accounting for roughly 5% of global volume.
3) The platform was designed to prevent clawbacks using a three-tiered liquidation model to prevent customer losses.
4) The platform allows traders to use leveraged or short positions without trading on margin or futures with their Leveraged Tokens.