How to Sell FTX Token (FTT)

The native currency of the FTX derivatives exchange platform is FTX token, which has the ticker FTT. According to the whitepaper, serves as the exchange’s backbone and propel the platform forward. The coin, which was originally intended for trade incentives, now serves additional purposes inside the ecosystem.

Users get a discount on trading fees based on the number of FTT tokens they own. FTT can used as collateral for futures trades, and to offer liquidity to the exchange in exchange for VIP rewards.

If you’ve made a good ROI over the 2021 bull market with FTT, this guide as part of our sell cryptocurrency series explains how to sell FTX token and take profit on a portion of your holdings.

How to Sell FTX Token in March 2023

Choose an exchange where FTT has been listed – it’s on Binance and ByBit
Create an account in a few minutes
Deposit your FTT into your account, find your FTT address in the wallet section
Choose a trading pair – FTT/USDT to sell for Tether, FTT/BTC
Use a market order to sell immediately or set a limit order at your price target

Best Exchange to Sell Cryptocurrency

FTT hasn’t been listed on eToro yet but since its a popular altcoin we expect it to be added soon. eToro is an FCA, ASIC and CySEC regulated exchange that makes it easy to sell cryptocurrency to fiat, supporting bank transfers, Skrill, Neteller, Paypal and other payment methods.

As well as Binance, you can trade and sell FTX token on ByBit, KuCoin, Coinbase and Bitfinex.

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You can also trade FTTUSDT perpetual futures on Binance and ByBit. Those are two options if you want to short sell FTT on leverage, and FTX exchange itself. It isn’t yet available at many other CFD brokers.

68% of retail CFD accounts lose money.

74% of retail investor accounts lose money when trading CFDs with this provider.

The price and value of any investment in digital asset products can fluctuate.

The traded price of digital tokens can fluctuate greatly within a short period of time.

Market prices for digital tokens can be volatile and highly unpredictable.

As with any asset, the values of digital currencies may fluctuate significantly.

The value of digital currencies can go up or down frequently.

71% of retail CFD accounts lose money.

As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.

Rating

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4.0

Mobile App Rating

10/10

9/10

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9/10

10/10

Mobile App

Wallet

Number of Coins

123

Trading Fees

Spreads

0.1%

0.50%

Spreads

0.2%

Deposit Fees

N/A

Withdrawal Fees

N/A

0.0005 BTC

N/A

Regulated

ASIC, CySEC, FCA

CySEC

N/A

FCA

CBI, MiFID

N/A

Min. Deposit

$50

100 EUR

N/A

$10

$100

N/A

Leveraged Trading

N/A

1 - 100x

1 - 10x

1 - 100x

N/A

1 - 30x

1-200x

Bitcoin

$25068.05

$24919.13

$24838.46

$40391.88

$40393.04

$40404.41

$40416.27

$24906.72

$40377.55

Ethereum

$1725.79

$1720.66

$1709.98

$2796.11

$2795.55

$2797.45

$2796.59

$1714.68

$2795.54

XRP

$0.38

N/A

$0.23

N/A

$0.78

$0.30

$0.38

$0.78

Tether

$1.01

$1.00

N/A

$1.00

N/A

Litecoin

$85.58

$85.15

N/A

$109.04

N/A

$109.10

$109.04

$85.24

$108.99

Bitcoin Cash

$134.30

$134.70

N/A

$506.41

N/A

$295.12

$295.07

$134.63

$294.96

Chainlink

$7.14

$7.08

N/A

$14.26

N/A

$14.68

$14.67

$7.18

$14.68

Cardano

$0.35

N/A

$0.83

N/A

$0.83

N/A

$0.83

IOTA

$0.22

N/A

$0.70

$1.91

$0.23

$0.70

Binance Coin

$312.55

$309.77

$309.69

N/A

$385.92

N/A

Stellar

$0.09

N/A

$0.19

$0.08

$0.19

$0.09

$0.19

Bitcoin SV

N/A

$37.32

N/A

$182.50

N/A

$77.12

USD Coin

N/A

$1.00

N/A

$1.00

EOS

$1.14

$1.13

$2.06

$2.05

$1.15

$2.06

Monero

N/A

$153.99

$151.97

N/A

$188.31

Credit Card

Giropay

Neteller

Paypal

Sepa Transfer

Skrill

Sofort

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How to Sell FTX Token in March 2023

Best Exchange to Sell Cryptocurrency

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