FTT is the native token of the crypto trading platform FTX that launched on May 8, 2019. The team behind FTX are some of the largest crypto traders over the past few years that decided to launch their own platform. FTX was initially very successful but in November 2022 FTX was proven to be insolvent. FTX filed for bankruptcy in November 2022 as a result of being insolvent. The FTT token has lost most of its value due to this event. The FTT token will continue to exist but is subject to caution. You can safely and reliably buy, sell, ship, and store FTT on LiteBit.