How to Buy Fantom (FTM)
Make your investments work for you: Buy and sell Fantom and 40+ cryptocurrencies instantly.
How to buy FTM
Just 3 easy steps to start investing in Fantom
Create your account
on Blocktrade
Sign up on the website, and verify your account with complete information.
Select a payment
method
Select whether you want to purchase FTM with PayPal, Google Pay, etc.
Start buying
Fantom
Choose FTM, select how much you want to buy, and make your first investment.
want to know more
Learn more about Fantom
What is Fantom ?
Fantom is a smart contract platform based on directed acyclic graph (DAG) technology that provides developers with decentralized financial services (DeFi). By using its proprietary consensus algorithm, Fantom aims to solve problems related to smart contract platforms, especially transaction speed. According to the Fantom developers, they have been able to reduce the transaction time to less than two seconds. The Fantom Foundation, which oversees the launch of Fantom products, was established in 2018, and the launch of the platform's main network, Opera, dates back to December 2019.
As an open source, customizable and scalable platform that is developed to overcome the limitations of previous generation blockchain networks, Fantom’s main goal is to build a better and more efficient future and to create an infrastructure in order to help people improve their quality of life through the latest developments in the world of technology. Fantom is part of the digital revolution, with its influence on all aspects of life, including: the adoption of digital assets on a global scale, digital economy and payments, as well as digital identity and medical records.
Check out Fantom official website for more information.
What is FTM ?
FTM symbol stands for the native token of the Fantom network, an open-source, high-performance, low-latency, and scalable blockchain platform. The token is used to pay for transaction fees, access certain services within the network, and participate in the governance of the platform. The FTM symbol is similar to stock ticker symbols in order to identify and track them on blockchain networks. The use of symbols to identify crypto tokens has become standard in the cryptocurrency industry, making it easier for users to track and manage their assets on exchanges.
Is Fantom reliable
Fantom blockchain uses a unique consensus algorithm called "Lachesis Protocol '' that is based on directed acyclic graph (DAG) technology, allowing for fast and secure transactions. Additionally, it employs smart contracts, Network Sharding partitioning technique, and a robust decentralized governance mechanism to ensure the security of the network. Additionally, Fantom prevents the risk of low-cost attack by removing the leader from among the network participants. On the other hand, in the main network of Fantom Opera, an unlimited number of authenticator nodes can contribute to the security of the network.
After you've bought FTM
By using your FTM (Fantom) crypto tokens, you can engage in the following activities: You can have transactions done: FTM is used as a medium of trade for goods and services within the Fantom network. You can use it in Staking: FTM can be staked so that you can participate in the network’s consensus mechanism and earn rewards. Governance: you as an FTM holder, can participate in the governance of the network by voting on protocol upgrades and other important decisions. Dapps: FTM can be used as a means of exchange within decentralized applications built on the Fantom network so the future of FTM owners is bright in regards to the wide-spread usage of Dapp technology.
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Payment Methods to Buy Fantom
Other Methods of buying Fantom
Where can I buy Fantom
ATM
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Fantom or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
Direct Purchase
You can buy Fantom directly from another person over the web.
Exchanges
Crypto Exchanges are the safest places for buying Fantom. You can use Blocktrade as a cheap, secure, and global exchange to buy FTM. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase FTM with a few clicks.
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How to sell Fantom
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit FTM to your Blocktrade account
To sell Fantom on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Fantom address.
Start selling Fantom!
Once you deposited your Fantom in your Blocktrade deposit address, you’ll be able to sell your FTM.
FAQ
Frequently asked questions
No, you cannot. There are no units smaller than 1 Fantom (FTM) as of today. The smallest unit of Fantom is one FTM, therefore you should be able to purchase and sell amounts equivalent to 1 FTM.
For the purpose of buying Fantom tokens, there is no set minimum price officially. The minimum order amount to purchase FTM on our exchange is $10. There are as well numerous payment methods available for your consideration.
The cost of buying Fantom can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of FTM, you can either log in to our website and see the real-time price or check our Fantom Calculator to see the price of Fantom in your desired currency.
Get a safe and reliable wallet if you want to store your FTM tokens a bit more securely. The Fantom Wallet, which can be accessed via their website, would be the ideal substitute. As far as the Fantom ecosystem is concerned, the organization promotes the wallet as the most secure and reliable way to keep your FTM. These types of wallets can be downloaded on your computer, tablet, or phone. In addition, our exchange also provides a secure digital wallet with added features and convenient access to a variety of trading options and payment methods, which will make your trading experience easier.
There are several options to buy FTM such as cryptocurrency exchanges, Peer-to-peer marketplaces, Fantom brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Fantom for beginners. You can easily buy Fantom without any buying fees from our exchange.
The project enables engineers to work with adaptability, speed, and sufficiency. The company addresses some important issues in the cryptocurrency space and offers a number of benefits for decentralized finance.
There is no right time to buy Fantom, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Fantom or any other cryptocurrency.