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How & Where to Buy FTX Token A Step-by-Step Guide to Buying FTT

No exchanges offer FTX Token FTX TokenFTT for direct purchase using cash.

To buy FTX Token, you will complete a simple three step process:

  1. Buy Ether etherETH at a trusted crypto marketplace.
  2. Send your new etherETH to your Metamask Wallet.
  3. Connect Metamask to 1inch.io and swap etherETH for FTX TokenFTT.

Keep reading to get the simple to follow step-by-step instructions.

  1. Step 1Trade Cash For Crypto If you already own ETH you want to trade, skip this step and go directly to step two.

    If you don't currently own crypto, then the first step is to get some. In this step you will be buying some Ether etherETH. You are buying Ether because you can directly swap it for FTX TokenFTT in step 3.

    This will reduce fees by requiring only one trade: etherETH for FTX TokenFTT

    Click the "Visit Binance.US" button below to sign up at Binance.US — our favorite place for beginners to make their first crypto purchase.

    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      66

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states, including New York & Texas.

    After you sign up for Binance.US, complete the steps on the website to fund your account and complete your first purchase of etherETH.

  2. STEP 2Send Ether to a Crypto Wallet

    Now that you have etherETH in your Binance.US exchange account you need to send it to an Ethereum-compatible wallet.

    How to Set Up Metamask

    1. Visit Metamask.io
    2. Download the browser extention for Chrome on desktop or the Metamask app for iOS or Android.
    3. Complete the wallet set up process taking special precaution to record your Secret Recovery Seed Phrase. You will lose your funds forever if you lose access to your wallet and can't recover it with your backup recovery phrase.

    How to send Ether (ETH) to Metamask

    1. Copy your new Metamask wallet address by clicking "Receive" and then click "Copy."
    2. Navigate to your Binance.US wallet and click "Withdraw" on your Ether balance.
    3. Paste in the Metamask wallet address you copied earlier.
    4. Double check the address you pasted vs the address in your Metamask to make sure no copy/paste errors occurred.
    5. Once you're 100% satisfied that the addresses match, "withdraw" your ETH from Binance.US.

    Now that you have your Metamask wallet set up, let's move on to buying some FTX Token.

  3. STEP 3Connect Metamask to a Price Aggregator

    Now that you have etherETH in your Metamask wallet, you will find the best price to buy FTX TokenFTT.

    How to Find the Best Price for FTX Token

    There are many decentralized exchanges on Ethereum where you can buy FTX Token. You could simply pick one of them and use it and hope that it's the best price. Or you could use a decentralized exchange (DEX) aggregator to find the best price possible without having to compare each one manually. A DEX aggregator like 1inch.io uses the power of open defi programs to compare prices across all marketplaces and offer you the ability to automatically execute that trade directly through 1inch.io. 1inch saves you time and money by automatically choosing the best price.

    Best FTX Token (FTT) Exchange Aggregator

    • FTX Token exchange
      FTX Token exchange

      1inch

      etherETH
      Ease of use
      Very Easy
      Time to 1st Buy
      3 mins
      24h Volume
      $478,006,534
      Coins
      200k+

      1inch is a site that searches across all decentralized exchanges in the Ethereum, Binance Smart Chain, and Polygon networks for the best price on any token you wish to buy. It launched in 2021 and uses the CHI gas token to save up to 42% on gas fees. Simple to use and saves time and money.

    Copy the token address below and paste it into 1inch to add FTT.

    FTT-F11

    Once you have added FTX TokenFTT into the "You receive" box, click "SWAP Token" and confirm the transaction in Metamask.

That's all you need to do to buy FTX Token.

Common Questions About Buying & Selling FTX Token (FTT)

What is the best FTT wallet?

We recommend Metamask as our top-rated wallet primarily because it is so widely supported, but there are other good options like TrustWallet. Trust Wallet is built and supported by Binance, the world's largest crypto exchange. We cannot rank Trust Wallet above Metamask because it only has a mobile version, and the iOS version for iPhones does not have an in-wallet browser, which makes connecting to DeFi apps cumbersome.

How do I add FTT to Metamask?

To see your newly purchased FTT in your Metamask wallet, click "Add Token" and copy the FTT contract address FTT-F11 into the Custom Token Contract Address field. You will now see your FTT balance in Metamask and be able to send, receive, and trade it.

FTX Token Research Center

FTX Token Technical Details & Statistics

Tokenomics
  • Market Rank21
  • Market Cap3,751,974,043
  • Circulating Supply136,174,634
  • Total Supply332,043,970 FTT
  • Max Supply352,170,015
Yesterday's Trading
  • 24 HR Volume94,406,785 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

How and Where to Buy FTX Token (FTT)

FTX launched as a cryptocurrency exchange in May 2019.

Sam Bankman-Fried, a former trader at proprietary trading firm Janet Street Capital, is now the CEO and co-founder of FTX. Gary Wang, an ex-software engineer, is Chief Technology Officer and the other co-founder. Both of them studied at the Massachusetts Institute of Technology. Bankman-Fried gained a bachelor’s degree in physics, and Wang attained a bachelor’s degree in computer science and mathematics.

In a short period, FTX has become one of the largest cryptocurrency exchanges in the blockchain industry, growing in popularity with advanced and beginner traders alike. FTX promotes low trading fees and ongoing regulatory compliance.

“FTX was founded with the goal of donating to the world’s most effective charities. FTX, its affiliates, and its employees have donated over $10m to help save lives, prevent suffering, and ensure a brighter future.” – FTX website.

What Is FTX Token (FTT)?

FTX Token (FTT) is the native token of FTX, the crypto derivatives trading exchange.

The $FTT token increases demands and network effects for the token and helps to decrease its circulating supply, which helps with price stability.

The “FTX Token (FTT) is the backbone of the FTX ecosystem.” – FTX website.

The FTX team claim to have improved on the multiple issues typically associated with many other mainstream cryptocurrency exchanges:-

  1.   Clawback prevention – FTX uses a three-tiered liquidation model to prevent clawback that leads to socialized losses often seen on other crypto derivatives exchanges
  2.   Centralized collateral pool – FTX derivatives only require one universal margin wallet, unlike other crypto future exchanges where users’ collateral spreads across multiple token wallets
  3.   Leveraged tokens – Traders can take leveraged positions without trading on margin. For instance, if you wish to short Bitcoin (BTC) on FTX, you can buy a 3x short BTC leveraged token. These tokens can be listed on any exchanges as they are ERC-20 compatible.

What Makes FTX Token (FTT) Unique?

Alameda Research (also founded by Sam Bankman-Fried), one of the leading companies and largest liquidity providers in the crypto trading space, backs FTX.  

The FTX team consists of some of the industry’s top professionals and most experienced traders. Such expertise enables FTX to provide a broad range of services, such as product listing, collateral, liquidation processes, etc.

FTX also claims it can achieve fast development cycles, which means it can maintain a competitive pace for deploying cryptocurrency trading systems.

FTX has over 450 markets and more than 300 tokens listed. It’s a fast-growing crypto exchange with advanced options for traders, such as spot trading, futures, and margin trading.

How and Where to Buy FTX Token (FTT)

FTX supports a range of fiat currencies, including GBP, EUR and AUD.

  1.   Open an account with FTX – before you can deposit, trade and withdraw, you must complete level-2 KYC verification (government iD, proof of address and facial recognition). Unverified users can only log in and browse the site
  2.     Choose Deposit Methods – you can deposit with fiat currencies with a debit or credit card or by wire transfer
  3.     Open the exchange tab – $FTT is paired to FTT/USD, FTT/USDT & FTT/BTC
  4.     Choose a currency pair – and make your purchase
  5.     Store your $FTT tokens – FTX has an exchange wallet, or you can choose an off-ramp cold storage wallet to secure your $FTT holdings

Note: The FTX website states that FTX Token (FTT) is not available in the United States or other prohibited jurisdictions.

How do I Sell FTX Token (FTT)?

It’s easy to sell your $FTT tokens on the FTX exchange, directly from the FTX wallet:

  1. You can sell your $FTX holdings on the wallet page
  2. Go to “Convert” and find $FTT
  3. Choose the asset you wish to convert, such as $USD
  4. If you cannot convert to your chosen fiat currency, convert to a stablecoin like $USDT 
  5. Transfer the $USDT to a reputable  off-ramp platform like Coinbase or Gemini
  6. When the transfer is complete, convert the $USDT in your Coinbase or Gemini account to fiat currency and withdraw to your bank account. You can then enjoy the profits you’ve (hopefully) made on your $FTT investment

Should I Buy FTX Token (FTT)?

Although we cannot provide investment advice, if you wish to invest in FTX Token (FTT), FTX itself is a reputable and established exchange.

Binance and Gate.io list FTX Token (FTT) and are trustworthy, established cryptocurrency exchanges.

How do I invest in FTX Token (FTT) Safely?

Suppose you wish to invest in FTX Token (FTT), purchase from a reputable cryptocurrency exchange like FTX, Binance, or Gate.io. After purchase, we advise storing your FTX Token (FTT) tokens securely in a cryptocurrency wallet.

  • Binance – FTT/USDT, FTT/BUSD, FTT/BTC, FTT/BNB
  • Gate.io – FTT/USDT, FTT/ETH, FTT/USD