What is FTT and how does it relate to the CoinMarketCap?

Can you explain what FTT is and how it is connected to CoinMarketCap? I would like to understand the relationship between these two terms in the context of the cryptocurrency market.

3 answers
- FTT is the native cryptocurrency of the FTX exchange, which is a popular cryptocurrency derivatives platform. It is an ERC-20 token built on the Ethereum blockchain. FTT is used for various purposes on the FTX platform, including trading fee discounts, collateral for futures trading, and participation in token sales. CoinMarketCap, on the other hand, is a widely used website that provides information about cryptocurrencies, including their prices, market capitalization, and trading volume. CoinMarketCap lists FTT along with other cryptocurrencies, allowing users to track its price and market performance.
Mar 18, 2022 · 3 years ago
- FTT stands for FTX Token and it is closely associated with the CoinMarketCap website. FTT is the native token of the FTX exchange, which is a popular platform for trading cryptocurrency derivatives. CoinMarketCap, on the other hand, is a website that provides information about various cryptocurrencies, including their prices, market capitalization, and trading volume. CoinMarketCap lists FTT along with other cryptocurrencies, allowing users to monitor its market performance. The relationship between FTT and CoinMarketCap is that FTT is one of the cryptocurrencies listed on the CoinMarketCap website.
Mar 18, 2022 · 3 years ago
- FTT, also known as FTX Token, is the native cryptocurrency of the FTX exchange. It is used for various purposes on the FTX platform, such as fee discounts and collateral for futures trading. CoinMarketCap, on the other hand, is a popular website that provides information about cryptocurrencies, including their prices, market capitalization, and trading volume. CoinMarketCap lists FTT along with other cryptocurrencies, allowing users to track its market performance. It's worth mentioning that BYDFi, another cryptocurrency exchange, also lists FTT on its platform, providing users with additional options for trading FTT.
Mar 18, 2022 · 3 years ago
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