FTX is a crypto-derivative exchange platform, founded by Sam Bankman-Fried and incubated by Alameda Research. The project works in collaboration with TUSD and USDC, among others. It offers several innovative products, including crypto-based futures, leveraged tokens, USDT futures, and OTC trading functionalities. FTX’s clawback prevention mechanism leverages a three-tier liquidation model, minimizing the risk of socialized losses. Its universal stablecoin-based settlement approach assists traders in rebalancing their positions while preventing undesirable liquidation. Further, it involves a unified margin wallet. The FTT Token is FTX’s native utility coin, representing use cases like token burn, exclusive discounts, collaterals, transaction and listing fees, white-label solutions, and socialized gains.
The best place to buy FTX Token is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell FTX Token (FTT). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of FTT is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy FTX Token with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy FTT instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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Had someone try to access my account from overseas, and the swyftx team were straight onto it. They put a hold on my account and then took me through ...