Cryptocurrencies

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How to get FTT coins? Introduction to several ways to get FTT coins

To acquire FTT coins, you can purchase them via a cryptocurrency exchange, participate in FTX's ecosystem, buy OTC, engage in airdrops and events, or leverage third-party brokers.

Oct 18, 2024 at 07:00 am

How to Obtain FTT Coins: A Detailed Guide

FTT coins, the native cryptocurrency of the FTX exchange, have gained significant traction among crypto enthusiasts. Here are several methods to acquire FTT coins:

1. Purchasing via a Cryptocurrency Exchange

FTX: The official platform for trading FTT coins. Register for an account, fund it with a supported crypto or fiat currency, and place a buy order for FTT.
Other Exchanges: Several other cryptocurrency exchanges, such as Binance, Huobi, and OKX, also offer FTT trading pairs.

2. Participating in FTX's Ecosystem

FTT Staking: Hold FTT in your FTX account and stake it to earn rewards in the form of more FTT.
SRM Liquidity Provision: Provide liquidity on FTX's Serum decentralized exchange by depositing a pair of assets into a designated pool. Receive FTT rewards based on your liquidity contribution.
FTX Referral Program: Refer new users to FTX and earn commissions in the form of FTT.

3. Purchasing OTC (Over-the-Counter)

FTX OTC Desk: The FTX exchange provides an over-the-counter service for large-scale FTT purchases. Engage with their OTC team to negotiate a favorable price and transaction size.
Third-Party Brokers: Specialized brokers offer OTC services for FTT and other cryptocurrencies. They facilitate direct peer-to-peer transactions, allowing you to potentially negotiate better terms.

4. Participating in Airdrops and Events

FTX Token Airdrop: In 2019, FTX distributed FTT tokens to users who had active accounts during the exchange's launch.
Special Promotions and Giveaways: FTX occasionally hosts events and competitions that award FTT coins as prizes. Keep an eye on the exchange's social media channels for announcements.

5. Mining (Not Applicable)

FTT coins cannot be mined as they are not based on a Proof-of-Work consensus mechanism.

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