Cryptocurrency Q&A
What is FTX stand for?
What is FTX stand for?
Nicola
Sat Mar 30 2024
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7 answers
1783
Excuse me, I am quite curious about the acronym "FTX". Could you possibly elucidate its meaning and significance in the realm of cryptocurrency and finance? I have encountered it frequently in recent discussions but have yet to gain a comprehensive understanding of its function and purpose. Your expertise in this field would be greatly appreciated. Thank you for considering my inquiry.
7 answers
CryptoTrader
Sun Mar 31 2024
In August 2020, FTX acquired Blockfolio, a popular cryptocurrency portfolio tracking app, for $150 million.
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HanjiArtistryCraftsmanship
Sun Mar 31 2024
FTX stands for "Futures Exchange".
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CryptoQueenBee
Sun Mar 31 2024
Blockfolio's acquisition by FTX expanded the latter's presence in the crypto space.
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Nicola
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including trading, wallet storage, and more.
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KatanaGlory
Sun Mar 31 2024
Changpeng Zhao, CEO of Binance, purchased a 20% stake in FTX for approximately $100 million.
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