This is an excellent option to go for, but Trezor and Ledger are better in terms of expense and security. Right now you can buy Fantom (FTM) at a good number of cryptocurrency exchanges. Find an exchange to buy, sell and trade FTM by comparing deposit methods, supported fiat currencies and fees. Cryptocurrencies are highly volatile and sensitive to secondary activity, do your independent research, obtain your own advice, and only invest what you can afford to lose.
We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. As a popular cryptocurrency, Fantom can be purchased from pretty much any crypto platform. While this array of choices may seem overwhelming, this guide should show you the top options and whether they’re right for you. Once your account has been verified, click on Deposit Funds on the left pane of your dashboard.
Fantom (FTM) ATMs
Fantom (FTM) is accessible on Binance in ten different trading pairs. You must first buy Bitcoin, USDT, ETH, or BUSD via peer-to-peer trading, a bank transfer, or a credit/debit card to purchase FTM. You might also use the CoinStats app comparison service to choose which asset to trade Fantom against. KuCoin, launched in September 2017 by Michael Gan and a team of cryptocurrency enthusiasts, has become one of the most popular crypto exchanges. Offering rock-bottom fees and a vast array of supported cryptocurrencies, KuCoin also supports staking and margin, futures, and P2P trading to cater to more experienced users. Unlike other exchanges, KuCoin allows users to stake KCS tokens and earn rewards.
Every Fantom-powered DApp runs on its own blockchain network. These blockchains can have custom coins, economies, and governance rules. They’re all powered by the Lachesis consensus mechanism and can interact with DApps operating on various Fantom blockchain networks. This is why Fantom refers to its platform as a network of networks.
Fantom (FTM) Price Analysis
If you want to buy FTM at the latest price, click on the Market tab, then enter the amount of FTM you want to buy. The order should be done almost instantly and the coins will be added to your Binance balance soon. If you deposited BTC, don’t worry – the process is exactly the same.
You will receive only half of the base rate of ~1.8% APR rewards. However, since you receive rewards actively, the penalty will actually be deducted from your staked FTM as you unlock. To log into your wallet with this file, follow the steps below. The fastest how to buy fantom way is to buy it with a credit card, but the fees are higher. The transfer of Ethereum coins might take a little while to get into your Binance account. A pop-up will appear to advise your to set up 2FA (two-factor authentication) on your account.
Why Is KuCoin the Best Platform to Buy Fantom (FTM)?
Fantom provides the ledger – not only with a blockchain and an API but a whole suite of utilities and tools that offer an easy-to-use interface for developers to implement DApps. One of the main draws of Fantom is its efficient transaction processing. It can handle thousands of transactions per second, and transactions are settled within one to two seconds. In May, it was reported that Fantom had crossed 3 million transactions and was the fastest blockchain platform. Fantom’s ledger technology stack builds a DAG-based platform to be utilized for powering intelligent cities and all of its services. Fantom is an ultra-high-speed, high-performance platform, it may become the IT infrastructure backbone for burgeoning smart cities.
You can buy immediately at market price or set a price you’d like to buy at. Crypto newbies can head to the Learn section of the website to access tips, tutorials, and articles https://www.tokenexus.com/ on Fantom and a range of other crypto topics. Coinbase’s Learning rewards section also provides an opportunity to earn some free crypto while you learn about new projects.