FTT has benefits for its holders. You get fee reductions and you can vote on upcoming listings.
FTX burns tokens based on the amount of fees the users pay on the exchange.
This token is similar to that of Binance and i think since FTX is on the way to outperform every other exchange in terms of innovations (Leveraged Tokens, MOVE and Hash contracts) I see alot of potential upside in the coming Months and years.
Also FTX is protecting the token from being shorted which imho means more incentive to buy.
This is not financial advice.
FTX burns tokens based on the amount of fees the users pay on the exchange.
This token is similar to that of Binance and i think since FTX is on the way to outperform every other exchange in terms of innovations (Leveraged Tokens, MOVE and Hash contracts) I see alot of potential upside in the coming Months and years.
Also FTX is protecting the token from being shorted which imho means more incentive to buy.
This is not financial advice.