FTT (FTX Token) is the native cryptocurrency of the FTX exchange, a popular derivatives and spot trading platform. Here are some key points about FTT coin:$FTT
1. _Exchange token_: FTT is the native token of the FTX exchange, which offers derivatives, options, and spot trading.
2. _Discounts and rebates_: FTT holders receive discounts on trading fees, rebates on OTC trading, and other benefits.
3. _Governance_: FTT holders can participate in governance decisions, such as voting on new listings and features.
4. _Tokenomics_: FTT has a total supply of 352 million, with a burn mechanism to reduce supply and increase demand.
5. _Use cases_:
- Payment for trading fees
- Collateral for futures and options trading
- Governance and voting
6. _Availability_: FTT is listed on various cryptocurrency exchanges, including FTX, Binance, and Huobi.
7. _Partnerships_: FTX has partnerships with other exchanges, institutions, and organizations, expanding FTT's use cases.
Please note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. If you're considering investing in FTT or any other cryptocurrency, make sure to do your own research and consider your risk tolerance.
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