What is FTX (FTT)?
FTX is a centralized cryptocurrency exchange (CEX) that focuses on derivatives trading. It was launched in 2019 by Sam Bankman-Fried and Gary Wang. Both are MIT alums with extensive experience working in big firms before founding FTX. The CEX is backed by high-profile investors like Alameda Research, BlackRock, Temasek, Coinbase Ventures, etc. In 2022, it is recorded that the exchange has more than a million registered users and billions of USD in daily trading volume.
How FTX (FTT) Works
FTX offers a variety of innovative products and services, including Futures, Perpetual Futures, Options, Prediction Market, Tokenized Stocks, Leveraged Tokens, etc. These tools are more targeted towards advanced users and institutional traders. There are also special algorithms in place to ensure high liquidity and prevention of clawback (the use of other investors' money to cover one investor's bankruptcy). Besides, 1% net fee of FTX is dedicated to charitable causes. Since 2020, more than $10 million has been donated to charities.
How Many FTX (FTT) Tokens Are in Circulation?
FTT is the native token of the FTX exchange that follows the ERC-20 standards. It has a number of use cases on the exchange, consisting of fee reduction, airdrop rewards, governance, and better referral bonus.
To keep FTT an anti-inflationary token, FTX implements frequent burns.
At the moment, the maximum supply of FTT is 352,170,015, and the circulating supply is 133,975,252.66.
How to Buy FTX (FTT)
Consider investing in FTX (FTT)? It only takes 2 minutes to create an account on Bitget and start trading FTT.
Check out the available FTT trading pairs on Bitget!
Spot market
FTX (FTT) Resources
Simple 3-step guide to buying FTT today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your FTX purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for FTX using a payment method of your choice:
Buy FTX with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your FTX order.
How to buy crypto with credit/debit cardBuy FTX with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into FTX is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your FTX order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your FTX order.Buy FTX with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your FTX order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor FTX in your Bitget spot wallet
Bitget—where the world trades FTX
How to buy FTX for free
- Learn how to earn FTX for free through the Learn2Earn promotion
- Earn free FTX by inviting friends to join Bitget's Assist2Earn promotion
- Receive free FTX airdrops by joining On-going challenges and promotions
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FAQ
Can I buy $1 worth of FTX?
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Should I buy FTX right now?
The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.