Home Cryptocurrency What is a Crypto Exchange token and how did it help blow up FTX?

What is a Crypto Exchange token and how did it help blow up FTX?

by SuperiorInvest

“Binance was the first to launch and it was really successful. And when you’re successful, you get copycats,” said Katie Talati, co-founder and director of research at crypto-asset manager Arca. “Huobi, OKX, they all launched their own token and it was standard going forward. FTX didn’t launch until the second half of 2019 and they launched their token at the same time.”

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