FTX Token Reaches 24 Hour Volume of $61.04 Million (FTT)

FTX Token (FTT) traded 4.2% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM Eastern on December 28th. FTX Token has a market cap of $1.08 billion and $61.04 million worth of FTX Token was traded on exchanges in the last day. One FTX Token token can now be purchased for about $3.28 or 0.00003457 BTC on cryptocurrency exchanges. During the last week, FTX Token has traded up 20.5% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last day:

  • 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded up 0.7% against the dollar and now trades at $94,722.55 or 0.99886960 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $94,055.02 or 0.99183032 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About FTX Token

FTX Token launched 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 website is ftx.com. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to acquire FTX Token should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase FTX Token using one of the aforementioned exchanges.

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