How to buy FTX online

The FTT token is the backbone of FTX, a cryptocurrency derivatives exchange built by traders, for traders. In this guide, we explain how you can get your very own FTX tokens.
By: Charlie Hancox
Charlie Hancox
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player,… read more.
Updated: Dec 2, 2021
Tip: our preferred broker is, eToro: visit & create account

This page explains everything you need to know before you invest in FTT tokens. Read on for a detailed, step-by-step breakdown of the process of purchasing or trading FTX coin, and find out why it might be a worthy investment.

Compare where to buy FTX, and open an account

If you have already made up your mind and want to get some coins immediately, the platforms listed below are the best places to buy FTT right now. Click on one of the links to sign up, or keep scrolling to learn more about this cryptocurrency.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$1
Promotion
User Score
9.3
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
3
Min. Deposit
$100
Promotion
User Score
8.7
24/7 trading when the markets are open
Trade the four big names in crypto- Bitcoin, Ethereum, Litecoin and Bitcoin Cash
Premium MT4 and MT5 with suite of bespoke trading tools and indicators
Start Trading
Description:
OANDA is the trusted name for Forex and CFD trading. Since 1997 OANDA has established a reputation for fair and transparent pricing and responsive customer service. Easy account opening process.
Payment Methods
Bank Wire, Check, Credit Card
Full regulations list:
CFTC, FCA, IIROC, MAS, NFA
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest.

How to buy FTX online – a step-by-step guide

Step 1. Find an exchange

The easiest way to get most altcoins is by signing up to a cryptocurrency exchange and purchasing them outright. FTX is an increasingly popular coin, so a reasonable variety of exchanges support it. Here are our two favourites:

Step 2. Sign up and fund your account

Once you have chosen the exchange you want to use, sign up and create an account by providing the contact details that are requested from you and a scan of your photo ID if needed. Then, add funds to your account via a wallet transfer of cryptocurrency or a bank transfer of fiat money like GBP, USD or EUR. Different platforms will accept different funding sources, so make sure you check before signing up.

Step 3. Purchase

Now, you can pull the trigger and get your very first FTX coins. To do this, search for the cryptocurrency’s ticker, FTT, in the search bar of your chosen exchange. Once you have found this asset, enter the number of coins you want, check you are content with the going market price and associated fees, then finalise the transaction. The FTT should be in your account almost instantly.

Step 4. (Optional) Get a suitable wallet

If you want to store your coins securely for the long term, opening a wallet is recommended. Here are two of the best FTX wallets you can use right now:

1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade FTX – step-by-step guide

Step 1. Find a broker

The best way to trade cryptocurrencies is with a broker – that’s because brokers allow you to open and close positions immediately rather than having to wait for an order to be executed, and this means you can take advantage of short-term price action more easily.

As of right now, FTT is not supported by any brokers. This page will be updated when this changes, and we recommend keeping an eye on the major brokers like eToro and Robinhood because they will be most likely to add FTT as an asset first.

Step 2. Deposit money

You need funds in your account before you make any trades, so once you have filled out the details that are required from you, add fiat money like GBP, USD or EUR via a bank or credit card transfer. Some platforms will even accept PayPal.

Step 3. Learn how to perform technical analysis

You can’t trade effectively without a working knowledge of technical analysis. This is the process of reading charts to identify trends and make projections about the future price action of cryptos like FTT. Make sure you study up and take your time to educate yourself before starting trading.

Step 4. Decide whether to go long or short

When trading FTT, you can go long if you think the price is going to go up, or short if you think the price will fall. Both of these tactics can produce profits, but it is important to understand the difference between the two.

Step 5. Make the trade

Now, you can finalise your first trade. However, if you’d like a little more experience before risking real money, we recommend trying out a demo account so you can learn the ropes before exposing yourself to the real market.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA

Should I invest in FTX?

The main reason you should think about investing in FTX is if you want to use the FTX exchange or be part of the wider ecosystem. That’s because using FTT can provide discounts on things like trading fees, and you can also receive OTC rebates. Moreover, it can serve as collateral for futures positions.

If you believe in the long-term success of the FTX platform, it stands to reason that its native token will rise in value. The platform has become more popular in recent years, and that is clear evidence that things are moving in the right direction for price accretion.

Another important factor to take into account is the shape of the overall market. In a bear market, an altcoin like FTT is likely to fall in value, tracking the wider market. However, in a bull market, FTT will likely rise in price, even if fundamental factors come into question. So, we recommend investing when the price is on the up because being a contrarian requires a little more expertise.

Still undecided?

If you still haven’t made up your mind about FTX yet, check out the pros and cons of the cryptocurrency below.

Pros

  • Discount fees on the FTX platform
  • Convenient access to crypto derivatives trading
  • Guaranteed liquidity for all users of FTX
  • Low fees on all tradeable assets and services
  • Purchases via crypto credit cards are supported

Cons

Now, check out the additional considerations you should make below and decide if you want to invest in FTT tokens.

1. Is now a good time to buy FTX?

This entirely depends on what your goals are. So, if you intend to purchase FTT and hold it in a wallet for the long term, you need to use fundamental analysis to work out if it is a good time to make an entry. This will help you cut through the noise and work out the true value of the project so you can compare it to the going market price of FTT coin.

By contrast, if you are a trader with your eyes on short-term, accelerated gains, technical analysis will be your best friend instead. This will give you an insight into where the price of FTT is likely to move next, allowing you to adjust your positions accordingly.

Whichever way you choose to approach this, make sure you are informed with the latest FTX price analysis below. Simply click on the relevant link to check out that article:

2. What problem does FTX solve, and what are its investment prospects?

We wouldn’t really say FTX solves anything that other platforms haven’t already solved, but it is a strong and competent exchange with an intriguing ecosystem that could well grow in the years to come.

The obvious hurdle standing between FTX and mainstream-level success is competition. There are plenty of cryptocurrency projects that can do everything FTX can, so this project really lives or dies based on its marketing strategy and future innovation.

To find out about all the latest events that are affecting the FTX ecosystem, check out these top news articles below:

The FTX Token FTT/USD is the native cryptocurrency token which powers the crypto derivatives trading platform FTX that originally launched on May 8, 2019. Through having FTX tokens, users can gain lower trading fees, as well as access to different perks throughout the FTX exchange. The Australian Blockchain Week…
Crypto.com Coin CRO/USD is the native cryptocurrency token of the Crypto.com Chain, which is a decentralized, open-source blockchain. Users use it to get discounted trading prices and better rewards. FTX Token FTT/USD is the native cryptocurrency token of the trading platform FTX, used for fee reduction and earning…

3. Do you want to hold FTX for the long term?

You can invest in FTX for the long term by getting coins from an exchange, or you can trade in via a broker for short-term rewards. These are two different strategies that can be equally effective in the right circumstances. Here are the considerations you should make for each:

Considerations for a long term investment strategy

Long-term investors should channel their energy into locating a reliable and trustworthy crypto exchange to purchase FTT tokens quickly and easily. Then, they may want to open a wallet if security is a top priority for them.

Considerations for a short term trading strategy

Traders will want to find a broker with the lowest trading fees possible. That way, they are able to keep more of their profits rather than having them regularly depleted.


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Charlie Hancox
Financial writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.