FTX Token (FTT for short) is the global ecosystem token of the FTX cryptocurrency derivatives exchange. In other words, it is the native token of the FTX platform. FTX is a cryptocurrency derivatives exchange known for its low fees, tight spreads, and deep order books. FTT can be used as collateral for trading contracts, and FTT holders can enjoy up to 60% discount on trading fees. FTT has also been listed on major exchanges such as Binance, BitMax, CoinEx, Huobi, and Bitfinex.