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The official FTX coin, FTT, is the native utility token of the FTX cryptocurrency exchange, designed to enhance the platform's ecosystem by offering exclusive benefits to its users. Launched in 2019, FTT serves as a multifunctional token, providing features such as reduced trading fees, staking rewards, access to tokenized products, and increased referral rebates. Holders of FTT can also participate in governance decisions and benefit from token buyback and burn programs that aim to reduce the circulating supply, thereby supporting long-term value appreciation. FTT is widely integrated across the FTX ecosystem, including collateral for derivatives trading, participation in Initial Exchange Offerings (IEOs), and as a means of accessing enhanced liquidity benefits. Built on the Ethereum blockchain as an ERC-20 token, FTT exemplifies the exchange's commitment to creating a user-centric platform with a vibrant, incentivized community.