Crypto Exchanges Stop Operations with FTX’s FTT Token
Major cryptocurrency exchanges are withdrawing support for the FTT token amid the collapse of FTX and the launch of bankruptcy proceedings for this company.
Binance announced yesterday the delisting of the digital currency. Now, the trading platform has liquidated the FTT/BTC, FTT/BNB, FTT/ETH and FTT/USDT pairs.
According to the company, it has made the decision because these trading pairs did not pass the appropriate check. However, trades for the FTT token paired with the BUSD stablecoin are still available on Binance.
Other major platforms BitMEX and KuCoin have also stopped operations with the altcoin.