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Fantom
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FAQ
Frequently asked questions
There are several reasons that make FTM tokens valuable. These factors are: Utility: FTM tokens are used as a means of payment within the ecosystem, to access products and services. Demand: As the usage and adoption of the platform increases, demand for FTM tokens also increases, leading to an increase in value. Scarcity: FTM tokens have a limited supply, making them scarce, which can drive up their value. Governance: FTM tokens give holders the right to participate in the platform’s decision-making processes, such as proposals for protocol upgrades and new feature developments. Network effects: As more users and developers join the platform, the value of the network grows, driving up the value of FTM tokens.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
Fantom Foundation was started by Dr. Ahn Byung Ik, a computer engineer from South Korea. Currently, Michael Kong is the CEO of this platform. Fantom developers mainly have a lot of experience in full-stack blockchain development and their goal is to create a scalable, decentralized and secure platform for smart contracts. The Fantom team also consists of engineers, scientists, researchers, designers and entrepreneurs. The team’s employees are located around the world and operate on a distributed platform.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through 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.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.
