KuCoin is the world's leading cryptocurrency exchange, which supports the trading of a variety of digital cryptocurrencies. Since its inception in September 2017, KuCoin has been known as the "People's Exchange". KuCoin platform is safe and reliable, easy to use, rapid withdrawal, and supports multiple languages. In addition, it also provides 7&times;24 hours of customer service throughout the year. KuCoin platform has created and operated user communities in many countries and regions around the world. It is committed to providing users with convenient and secure, full-featured digital asset transaction and conversion services. KuCoin has offices in Singapore, China, Thailand, the Philippines and Bulgaria.

FTX Token

FTT is the backbone of the FTX ecosystem. We have carefully designed incentive schemes to increase network effects and demand for FTT, and to decrease its circulating supply.
The utility of FTT includes:
(1) Token Burn:One third of all fees generated on FTX will be used for an FTT repurchase, until at least half of all FTT is burned. Any FTT bought this way will be burned.
(2) Collateral:FTT can be used as collateral for futures positions. This increases utility and demand for FTT. The same applies when we launch margin trading in the future.
(3) Discount on Trading Fees:Customers who hold a certain amount of FTT for a period of time will receive lower FTX futures fees. This will further increase demand for FTT.
(4) OTC rebates:Customers who hold enough FTT will receive rebates from all of their OTC trading on FTX.
(5) OTC burn:There will be a repurchase and burning of FTT based on OTC volumes and revenue from the FTX OTC portal, powered by Alameda Research.
(6) Socialized Gains:We&rsquo;ve performed backtests and live simulations to see how FTX will fare during large market movements. While other futures exchanges suffered from clawbacks, FTX managed to net increase their insurance fund by a sizeable amount thanks to its unique backstop liquidity provider program. For instance, during a recent market move, Okex incurred ~$3 million of clawbacks. Meanwhile, our demo simulation which mirrored positions on OKEx demonstrated no clawbacks and a net gain of a million to our insurance fund. We are confident in FTX&rsquo;s ability to handle endangered accounts and will redistribute a portion of net insurance fund gains to FTT holders.

0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9

AGFEad2et2ZJif9jaGpdMixQqvW5i81aBdvKe7PHNfz3

0xda79dcf81c948dfb85cbda738bc898195a2ba861

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	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	FTT/USDT	1.9398	-9.75%	$12,760,139.5	22.7337%	2024-10-18 11:30:32
2	Gate.io	2	Gate.io	FTT/USDT	1.9354	-9.68%	$6,342,208.77	11.2994%	2024-10-18 11:30:06
3	Bitget	3	Bitget	FTT/USDT	1.9401	-9.64%	$1,071,832.01	1.9096%	2024-10-18 11:30:05
4	KuCoin	4	KuCoin	FTT/USDT	1.9430	-8.22%	$517,184.25	0.9214%	2024-10-18 11:29:21
5	BingX	5	BingX	FTT/USDT	1.9392	-8.04%	$238,538.82	0.4250%	2024-10-18 11:24:12
6	MEXC	6	MEXC	FTT/USDT	1.9400	-8.39%	$226,440.62	0.4034%	2024-10-18 11:29:02
7	CoinW	7	CoinW	FTT/USDT	1.9360	-9.24%	$73,750.89	0.1314%	2024-10-18 11:30:12
8	MEXC	8	MEXC	FTT/USDC	1.9513	-8.14%	$25,441.61	0.0453%	2024-10-18 11:30:13
9	Gate.io	9	Gate.io	FTT/ETH	0.00073300	-9.06%	$7,404.75	0.0132%	2024-10-18 11:29:16
10	KuCoin	10	KuCoin	FTT/BTC	0.00002845	-8.26%	$866.81	0.0015%	2024-10-18 11:29:07
11	HTX	11	HTX	FTT/USDT	1.9396	-8.51%	$1,872,396.59	3.3359%	2024-10-18 11:30:02
12	XT.COM	12	XT.COM	FTT/USDT	1.9399	-9.61%	$3,404,079.14	6.0648%	2024-10-18 11:30:19

	Volume(24H)	Trading Percent
Binance	Binance	$12,760,139.5	45.4374%	Visit
Gate.io	Gate.io	$6,349,613.53	22.6103%	Visit
KuCoin	KuCoin	$518,051.06	1.8447%	Visit
Bitget	Bitget	$1,071,832.01	3.8167%	Visit
MEXC	MEXC	$251,882.23	0.8969%	Visit
BingX	BingX	$238,538.82	0.8494%	Visit
CoinW	CoinW	$73,750.89	0.2626%	Visit
HTX	HTX	$1,872,396.59	6.6674%	Visit
XT.COM	XT.COM	$3,404,079.14	12.1215%	Visit
ProBit Global	ProBit Global	$299.99	0.0011%	Visit
Bitrue	Bitrue	$278,282.67	0.9909%	Visit

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