This appears to be the primary goal of most of them. If there is a video featuring it on Coin Bureau, I also post that. How to buy FTX Token on FTX? FTT can also be used to join FTX’s Battle Royale (BR) trading competition. -These posts are not meant to be financial advice, but instead to be an educational discussion. FTT uptrend (source: TradingView) FTX is a derivative exchange cryptocurrency. English (US) Español 日本語 한국어 Português do Brasil Русский Türkçe 简体中文 There is a lot of valuable information on many of these posts, so please check them out as you have time. -Just because I feature a project does not mean I like it. It serves as the backbone of the FTX crypto derivatives exchange that offers leveraged trading. If this gets more downvotes than upvotes, I’ll F off. Most importantly, what should we all know; good, bad, and indifferent, about this project? FTX leveraged tokens will scam you They have huge negative convexity Basically if you are long those leveraged notes and BTC does 10000-9000-10000 or 10000-11000-10000 you are losing money. Origins of FTX Token – FTT. FTX Traders Can Now Short the Pandemic, Long the Olympics, Buy/sell FTT at SwapSwop.io, a crypto exchange platform that aims to make the user experience as simple as possible. It's mission is to solve these problems and move the derivatives space toward becoming institutional grade. I WILL EVENTUALLY CATCH UP AND POST MY OPINIONS ON ALL OF THEM. 10/03/2021 07:51:54 Cookie Policy +44 (0) 203 8794 460 Free Membership Login Monitor These 'airdrops' were almost always a front to peddle a presale of their token. FTX Token has a current supply of 345,219,293.591 with 94,346,957.524 in circulation. I feel discussion on bad projects are just as important as the good ones. If your post does not have any substance to it, "this coin is a scam", "avoid this shitcoin", "this coin will moon to $1000 by the end of 2020", then I will just assume you are posting for personal gain rather than helping the community. Everyone is responsible for doing their own research. That said, guess what…it’s tourney time and you’re in! Hi everyone, forgive the shameless announcement, but I’m a real person doing this and a nerd for tournaments. These tokens give you leveraged exposure to the market, without the need to manage a leverage position. The FTX token goes by the ticker FTT and is an exchange token issued by the FTX Exchange to power its ecosystem and provide utility within the operations of the exchange. Leveraged tokens present an innovative opportunity for people to trade with leverage. How to Stake FTT. -I strongly encourage everyone to follow up on past discussions and you can still make comments on them. Are leveraged funds on FTX exchange on any other swap site? FTX Token (FTT) was launched alongside the FTX exchange in April 2019. FTX crypto leverage tokens are tokenized positions on the blockchain. FTX Token in the 2021 Ultimate Crypto Tournament (self.FTXToken). Well done! Leveraged tokens provide a simplified way to get leveraged exposure to crypto assets. Backed by these popular offerings, FTX Token (FTT) price has doubled since the beginning of 2021. Crypto is a collaborative, cooperative space with room for all, but we can still have some fun. I only had to provide an email to one project: ArbiSwap. Good luck on inking a deal for the Heat's arena. FTT will get socialized gains from the insurance fund on FTX. FTT is an ERC20 token that runs on the Ethereum blockchain. It is useful to hear pros and cons about every project, even if you are simply playing devils advocate. Cryptocurrency exchange with the lowest trading fees and deepest liquidity in America So, vote early, tell your friends, and may the best coin win! Get an ad-free experience with special benefits, and directly support Reddit. FTX token has a total supply of 344,446, 952 FTT with a circulating supply of 95, 375,037 tokens. The FTT genesis block was registered on April 30th, and the distribution of ICO tokens started on July 27th, 2019. FTT Token is FTX’s native, utility token. ... Little did short-sellers know, a swarm of smaller Reddit investors would make an epic stand against Wall Street’s hedge fund elites by squeezing the stock to record highs. Tagged as an exchange that is “Built by traders, for traders”, the platform currently offers perpetual and quarterly futures, spot markets with fiat support, leveraged tokens, and volatility products. Since FTX exchange provides futures trading, FTT can be used as collateral, which increases its utility. Rendered by PID 17489 on r2-app-061caa33fd712a1c2 at 2021-03-16 09:47:42.339600+00:00 running 5f7fdd4 country code: FR. These tokens give you leveraged exposure to the market, without the need to manage a leverage position. FTX will buy and burn FTT equal to one third of all exchange fees. FTX Token is the #7 seed in the Ethereum bracket. FTX crypto leverage tokens are tokenized positions on the blockchain. That'd be awesome! WallSteetBets, which preaches their short squeeze investment strategy, has become the most popular group on Reddit by active users. Tokenized GME stocks have plummeted almost 40%. The only way I know to let people know about this is to blast messages. Overview information for FTX Token (FTT) including News, Charts, Discussion and more. Source: TradingView. -I would say a perfect reply would include at least one pro and at least one con for the project. For instance, say that the current holdings of ETHBULL are -$20,000 and + 150 ETH per token, and ETH is trading at $210. -My first month or so I featured projects listed on some of the main exchanges. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. To further incentivize holding the token, FTX repurchases and burns 33% of all fees generated from the exchange and 10% of its insurance fund net additions. use the following search parameters to narrow your results: and join one of thousands of communities. FTX Token (FTT) FAQ FTX Exchange FTX Services and FTX Token (FTT) are not available in the United States or other prohibited jurisdictions. /r/CryptoCurrency/search?q=author%3Ajoenorwood77&restrict_sr=on. However, I still feel it is acceptable if you post only pros or cons. I used a throwaway email. Learn more about leveraged token pricing, value, and rebalancing here. We’re excited to introduce FTX leveraged tokens on Poloniex! This is FTX's 2nd consecutive year in the tournament. Starting now, you can deposit BULL, BEAR, TRXBULL, and TRXBEAR into your Poloniex account and trade BULL/USDT, BEAR/USDT, TRXBULL/USDT, and TRXBEAR/USDT.. BULL, BEAR, TRXBULL, and TRXBEAR are ERC-20 tokens that are issued by FTX and have leveraged exposure as shown below: If not, this is how it works: Starting tonight at midnight, on Twitter @ UltimateCrypto7, there will be a poll for each game, open to all. These leveraged tokens are ERC20 tokens on the ethereum blockchain. This is a video explaining what the FTX Leveraged Tokens are and how they work. The games begin at midnight tonight and run until 11:59 pm PT March 18. https://twitter.com/UltimateCrypto7 or at. The coin receiving more votes after 3 days will be declared the winner and move on. FTX token (Symbol: FTT) is the ecosystem utility token of FTX which is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. THANK YOU FOR YOUR UNDERSTANDING. Currently, the index is composed of four tokenized stocks and two cryptocurrency in Dogecoin and FTX token. Your opponent is 10 seed SushiSwap. | BY MARKET CAPITALIZATION (2013 - 2021). FTX Token (FTT) token price at Binance. After that I expect to broaden to the top 200, and then some random moonshots. FTX token (FTX) is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading. These tokens are issued and redeemed by FTX and can be traded on Poloniex. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 17489 on r2-app-061caa33fd712a1c2 at 2021-03-16 09:47:42.339600+00:00 running 5f7fdd4 country code: FR. The market perceives a significant growth of the FTX platform in the near future. This is FTX's 2nd consecutive year in the tournament. Trading with Leveraged Tokens: BULL, the 3X Long Bitcoin Token, represents a Bitcoin long position with 3x leverage. Now I plan to focus on the top 100 on CoinMarketCap. FTX Token (FTT) is the unit virtual currency used on the FTX ecosystem. FTX Token (FTT) is a cryptocurrency token and operates on the Binance Coin platform. FTX Token was founded back in January 2020. never released their source code, which makes it an intransparent and hidden project with no guarantee that their product works or is being developed. -Today's Crypto of the Day is FTX Token FTT, and it's current price is $2.83. Interestingly, when Community Points were first rolled out on Reddit, popular Ethereum proponent Ryan Sean Adams had commented on Twitter that “Ethereum is the Internet’s property rights system.”. FTT started trading on exchanges on the 1st of August 2019 and had raised 8 million dollars worth of seed venture capital by the 6th of August 2019. GME closed at $148 yesterday, as a result of a short squeeze organised by a group of Reddit users. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. FTX has launched a composite index for betting on assets discussed on /r/WallStreetBets. Since Community Points are DeFi compatible ERC-20 tokens, he had also posited that this could significantly increase DeFi’s user growth. Currently, futures exchanges have many crippling flaws holding the space back. Well done! FTT can be used to pay for trading fees, and they are also given to holders as a reward in the form of fee discounts and redistributed returns from FTX insurance fund. After a week or so, I usually post replies to some of the posts, and I also add an overall summary of my thoughts, if I plan to hold any, and is so how much. FTX has listed tokenized stocks and futures for GameStop as a result of the asset’s wild rise in the stock markets. That'd be awesome! FTX offers trading for US citizens on FTX.us . FTT has a circulating supply of around 94 million tokens as of February 2021 and a total supply of about 345 million. FTX Token (FTT) rallies 105% as interest in derivatives trading grows January 31, 2021 Jeannie Propes 0 Comments The exchange launched in April 2019 and offered the usual spot trading, inverse swaps and futures contracts that can be found at other major platforms. FTX Token (FTT) are not available to clients located or residing in Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Antigua or Barbuda. Good luck on inking a deal for the Heat's arena. You may learn a lot regarding some of these projects. That means that each leveraged token trades on FTX in order to once again reach its target leverage. Your opponent is 10 seed SushiSwap. If you simply downvote the post without any comments, the only thing you accomplish is having less people view the post. Holders of FTT reportedly receive benefits such as weekly buying and burning of fees, lower FTX trading fees, OTC rebates, collateral for futures trading and socialized gains from the insurance fund. FTX Token (FTT) rallies 105% as interest in derivatives trading grows January 31, 2021 Jason Basler crypto trading FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider. TOP 10 MOST VALUABLE CRYPTOCURRENCIES! It was offered through a private Initial Coin Offering (ICO). Token Supply: 350,000,000 FTT tokens. Launched in 2019 for the cryptocurrency derivatives exchange FTX, FTX (FTT) Token is an ERC-20 token, governed by FTX Trading. The most active FTT trading exchange is FTX. I do not care about Reddit Karma, but if a post drops to zero early on, it can be extremely difficult for people to even find these discussions (which I assume is your intention). FTT will be usable as collateral on FTX. FTX Token is the #7 seed in the Ethereum bracket. These leveraged tokens are ERC20 tokens on the ethereum blockchain. -Since 2/18/20, I have posted a crypto/asset of the day for discussion. When the rating of FTX exchange upgrades just 1 notch, the fair value of FTT doubled, … For each project, I am interested in learning if you have any investment in it, and if so, about what percentage of your portfolio does it carry. I will eventually create a post looking for any projects I should feature before I eventually close this project. © 2021 reddit inc. All rights reserved. /r/CryptoCurrency/search?q=author%3Ajoenorwood77&restrict_sr=on. If you’re familiar with March Madness, or remember this from last year, you’ll get it … FTX token is undervalued supported by income approach and comparable analysis. FTT is the FTX ecosystem utility token. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. Holders of FTT reportedly receive benefits such as: Like last year, the Ultimate Crypto Tournament pits the top 64 coins (by market cap) in a single elimination tournament. Read the latest FTX Token news, analysis and research and learn more about recent FTX Token updates on Messari. Due to the rally, its FTX exchange has exceeded that of BitMEX and Deribit open interest. Overview information for FTX Token (FTT) including News, Charts, Discussion and more. Leveraged tokens present an innovative opportunity for people to trade with leverage. Can you buy FTX tokens if you are in the US? FTX & Alameda Research The genesis block for the FTT token occurred in April 2019, but the token didn’t begin trading on exchanges until August of the same year. FTX Token has an available supply of 88,679,015 and a total supply of 339,551,351 coins alongside with $3.2B market cap and a $35.2M 24h trading volume. The more the market is volatile the more money you lose FTX was launched in May 2019 by the Alameda Research team. I know I certainly did! DUE TO SOME PERSONAL ISSUES, I AM TEMPORARILY BEHIND ON FOLLOW UP POSTS. The FTX Token is the backbone of the FTX ecosystem, which was designed to increase network effects and demand for FTT as well as decrease its circulating supply. If you’re familiar with March Madness, or remember this from last year, you’ll get it right away. FTX Token (FTT) has rallied over 105% which has possibly enabled open interest in derivative trading to increase significantly. FTX Token is a decentralized form of digital asset/cryptocurrency. The last known price of FTX Token is $3.47 USD and is down -3.86% over the last 24 hours. I typically begin by posting the current price, as well as the brief CoinMarketCap summary. FTX Token Chart by coinmarketcap. FTX Token in the 2021 Ultimate Crypto Tournament. Note however their fee structures and services offered may differ from FTX.com, which is … In the last 24 hours FTT price is up 2.47%. I AM NOT TRYING TO MAKE LOW EFFORT POSTS AND WILL DO MY BEST TO POST A NEW DISCUSSION DAILY FOR A WHILE. Organization wise, FTX Tokens Development is Centralized and is being developed under the lead of a non-public figure.. Burning Mechanism: Token buying and burning will continue until at least half of all FTT is burned. They want to sell their newly-minted tokens for ETH, promising their project will get listed on big exchanges 'Soon™'. Melvin Capital announced that it had closed its position on GME this morning.