FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:
Weekly buying and burning of fees
Lower FTX trading fees
Collateral for futures trading
Socialized gains from the insurance fund
Hold $HGRO in your wallet and get 5% reward in HELPI tokens every week to your wallet.