FT

In June 2018, in just 20 days, FCoin jumped from a small exchange that no one cared about to the exchange with the highest trading volume in the world. The peak trading volume was even 10 times that of Binance!

The platform currency FT issued by it, after opening the FT/ETH trading pair

Relying on the dividend mechanism to attract investors to enter the market, FT has increased by up to 100 times from the price at the beginning of the launch.

FCoin claims that its feature is "transaction is mining". Users can choose to obtain FT through transactions or obtain FT through purchases.

The good times did not last long, because the income of the entire exchange could not satisfy the huge profits generated by trading mining. Therefore, FT began to plummet from late June!

On February 11, 2020, he suddenly announced a "permanent suspension", giving some nonsensical reasons, and then said: Sorry, we failed!

A good exchange suddenly ran away, which is really confusing.