Staking the FTX Token

FTX Token was designed to maximize value for its holders.

With a fixed supply of 350 million FTT, the token’s price is supported by a growing demand for FTX products and services and a weekly burn of tokens equal to 33% of the fees generated o FTX markets.

What is Staking?

Staking crypto has grown in popularity in recent years. Staking refers to the process of locking funds in a cryptocurrency wallet or smart contract to support the operations of a blockchain network or project. Stakers are rewarded in different ways for contributing their funds to the health and functionality of the protocol.

There are many different avenues for staking cryptocurrencies these days, but the most common method is through staking pools. Staking pools are groups of cryptocurrency holders who come together to pool their resources and increase their chances of being selected to validate blocks on a Proof-of-Stake (PoS) blockchain.

With many newer blockchain projects opting for Proof of Stake consensus mechanisms over the original Proof of Work models, staking crypto has become a novel way to earn passive income and rewards from digital assets.

Benefits of Staking FTX Token

Use your FTX tokens to enhance your trading experience and support the growth of the FTX ecosystem at the same time.

Reduced Trading Fees

When you stake FTT, you are eligible for a discount on your trading fees based on the amount of FTT staked.

Increased Referral Rates

Referrers that stake FTT are paid a higher fraction of their referees’ fees.

Maker Fee Rebates

In addition to the standard FTT fee discounts, these rebates stack with MM-level-based maker rebates.

Free Swag NFTs

Spin the non-fungible swag wheel for a chance to win a free NFT.

Redeemable for FTX-themed swag, or resellable at the NFT marketplace

Bonus Votes

Stakers get bonus votes in our polls in addition to the standard number of votes.

Based on FTT held and trading volume

Increased Airdrop Rewards

Stakers get increased SRM airdrops and potentially later other airdrops and yield.

Waived Blockchain Fees

Stakers get a number of free ERC20 and ETH withdrawals per day depending on the number of tokens staked.

Waived Fiat Fees

FTX Token stakers receive an extra free fiat withdrawal per week.

Based on FTT held and trading volume

IEO Tickets

FTT stakers get tickets for IEOs hosted on FTX.

How to Stake FTT

Staking FTT is quick, simple, and only takes a few minutes. Once you’ve registered your account and verified your identity, you’ll be able to buy FTT directly from the FTX Staking Portal.

STEP 1
Register your Trading Account

If you don’t have an FTX account yet, you’ll first need to register on FTX.com.

STEP 2
Find the Buy Button

It’s located on the bottom left side of the page and select the amount of FTT that you’d like to purchase.

STEP 3
Post Purchase Options

Once you’ve made your purchase, you’ll find the options to Stake or Unstake tokens on the right side of the page.

STEP 4
Stake your FTT Token

Click the Stake button and decide how many tokens you’d like to stake, and voila! You’ll be instantly eligible to receive the benefits of FTT token staking!

Join FTX and Start Staking FTT Today!

Get started at ftx.com/staking