Earn Interest on FTX Token - FTT Savings Account
YouHodler’s list of options to choose from for crypto savings accounts continues to grow. These low risk, high yield savings accounts help users earn interest on crypto up to 12% per year plus compounding interest. FTX Token (FTT) is a popular choice in the market. Here’s some information additional facts on FTT and also learn how to easily accumulate crypto interest on YouHodler.
What is FTX Token (FTT)?
FTT Token is the native token of the FTX cryptocurrency derivatives exchange. FTX offers binary options, over-the-counter (OTC) trading, futures trading, and leveraged tokens. FTX was founded by Sam Bankman-Fried and is backed by Alameda Research, a trading firm. FTX’s unique three-tiered liquidation concept prevents “clawbacks” (or provisions in which money that’s already been paid must be returned to the firm).
Instead of breaking up liquidity across a variety of tokens, leverage collateral is shared with one universal stable coin wallet that copies the traditional trading on futures or margin. FTX is based in the USA and its token FTT can be bought on YouHodler, FTX, and other popular crypto exchanges.
How to earn 4% interest on FTT
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit FTT to your personal FTX Token wallet
Step 3. Watch as your FTT earns a compounding interest of 4% APY.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
Why do we make it so easy to help your crypto earn on YouHodler? Well, because we love you. After a simple deposit of FTT on YouHodler, you can start earning a passive income of 4%. We don’t want to include any complex UX/UI design just to impress the advanced techies out there. We at YouHodler think crypto should be for everyone and that’s why we do our best to make our platform safe, efficient, and reliable.
FTX Token saving wallet app that pays interest
YouHodler wallet app is the only application where you can store your FTX Token (FTT) just like you would in a regular wallet but in addition, earn interest on that FTT wallet balance every week.
How does FTT interest work
You can earn interest on FTT just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 4% interest on FTT.
How to Earn Free FTT
It’s easy! Just deposit FTT to your YouHodler wallet and you’ll earn free FTT every week.
How to Get Free FTT
Interest payments occur every seven days. So you’ll get your free FTT a week after your first deposit.
Cumulative Interest FTT
Yes, you have cumulative interest if you HODL FTT in the wallet. We calculate compound interest rates every week.
FTT APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more FTT at the end of the year due to this cumulative interest.
FTT Savings Calculator
Just use our FTT Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.