What’s the difference between a tradable and a non-tradable token?

A tradable token is one that can be traded within the Trading feature, while a non-tradable token is one that cannot be traded in our Trading feature for a number of reasons. One reason that a token may be marked as non-tradable is that this was purchased during an FTO® and any tokens purchased during an FTO® will be non-tradable until the FTO® ends. Once the FTO® ends, these tokens will be moved from being non-tradable to tradable.