How to get FTT coins? Understand how to get FTT coins in one article

To obtain FTT coins, one can purchase them on the FTX exchange, stake them to earn rewards, redeem vouchers, or participate in FTT airdrops and promotions.

Oct 18, 2024 at 12:00 pm

How to Get FTT Coins: A Comprehensive Guide

FTT (FTX Token) is the native token of the FTX cryptocurrency exchange. It offers numerous benefits to its holders, including reduced trading fees, increased borrowing limits, and access to exclusive features. Here's a detailed guide on how to acquire FTT coins:

1. Purchase FTT on FTX Exchange

• Create an account on FTX: Visit the FTX website (www.ftx.com) and create an account by providing your email, password, and personal details.
• Deposit funds into your account: You can deposit funds into your FTX account using various methods, including bank transfers, credit cards, and other cryptocurrencies.
• Trade for FTT: Once you have funds in your account, navigate to the "Markets" tab and search for "FTT/USD". Place a buy order at the desired price and execute the trade.

2. Stake FTT to Earn Rewards

• Unlock Tiered Benefits: By staking FTT on FTX, you can unlock various tiers of benefits. The higher your stake, the more rewards you earn.
• Increased Trading Fees Discount: Staking FTT grants you a discount on trading fees, ranging from 0.02% to 0.04% depending on your stake level.
• Boosted Borrowing Limits: As a staked FTT holder, you can borrow up to 80% of the value of your staked tokens, compared to 50% for non-stakers.

3. Redeem FTT Vouchers

FTX occasionally offers FTT vouchers to its users as promotions or rewards. You can redeem these vouchers to receive FTT in your FTX account. To do this:

• Navigate to "Promotions": Click on the "Promotions" tab in the left-hand menu of the FTX website.
• Select "Redeem FTT Voucher": Find the "Redeem FTT Voucher" option and select it.
• Enter the Voucher Code: Enter the voucher code you received and click "Redeem".

4. Participate in FTT Airdrops and Promotions

FTX occasionally holds airdrops and promotions that distribute FTT coins to participants. To be eligible for these events:

• Follow FTX on social media: Stay updated about upcoming airdrops and promotions by following FTX on Twitter, Telegram, and other social media channels.
• Join FTX community: Actively participate in the FTX community forums and discussion groups.
• Refer friends: Get rewards for referring new users to FTX.

Conclusion

Acquiring FTT coins is an accessible process that offers several benefits. By purchasing FTT on the FTX exchange, staking it for rewards, redeeming vouchers, or participating in promotions, you can effectively grow your FTT holdings. By following the steps outlined in this guide, you can become an active participant in the FTX ecosystem and enjoy the advantages of FTT ownership.