Buy Fantom
in Spain

FTM (Fantom) is a cryptocurrency that was first introduced in 2018. The price of Fantom in the ICO was $ 0.04 and the token sale ended on June 17, 2018. Since then, FTM's value has risen 11.88 times compared to the US Dollar, increased by a factor of 3.61 when compared to Ethereum, and gone up 3.26 times versus Bitcoin. FTM's price was initially listed on various cryptocurrency exchanges in late 2018 at a price of around $0.03. Over the next year, FTM's price remained relatively stable and only saw slight fluctuations. In 2020, FTM's price started to gain traction as more people became aware of the project's innovative technology and growing partnerships. By the end of the year, FTM's price had increased to around $0.18, a six-fold increase from its initial price. In early 2021, FTM's price continued to soar as demand for the token increased. At its peak in April 2021, FTM's price had reached an all-time high of $0.66. Therefore, Fantom's best year was 2021, when the price of FTM rose 13,172.55% from $0.016957 to $2.25. The average annual growth of Fantom over the past 6 years has been 2,630.02%. In the year 2022, the whole crypto market was experiencing difficulties. Even the biggest and most popular cryptocurrencies were dropping dramatically but again, by the start of 2023, the prices are showing positive rises eventually. Many experts have predicted a good future for the FTM token as they forecasted the price would hit the $6.40 mark by 2025. Please keep in mind that this is not meant to be taken as a buying signal. It is recommended for you to research information on the crypto market and receive professional advice from the market experts before attempting to invest in FTM cryptocurrency.

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.

Yes. According to the document Crypto-assets: a financial authority’s view by the central Bank
of Spain (BDE), the common trait of crypto-assets is that they are a digital representation of
value or a set of contractual rights. According to the same document, cryptocurrencies rely on
distributed ledger technology (DLT) to be legally transferred, traded and stored.

Yes. According to the legislative document published by the Spain government, crypto traders
have to inform the tax authorities about the ownership of any cryptocurrency held, and any
transaction made in a very detailed way. This applies to crypto both in and outside Spain.
According to the above-mentioned law, depending on the transaction, crypto assets in Spain
can be subject to different taxes which include: Income Tax, Income Savings Tax, Inheritance
and Gifts Tax, and Wealth Tax. You may have to pay between 19% to 26% in tax depending on
how large a net profit you have made. You need to declare your crypto activity in terms of
income and capital gains in your annual income tax return.

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.

Anyone can receive, store, send, exchange, buy and sell cryptocurrency easily by the help of a
cryptocurrency exchange in Spain. Though it is important that your exchange supports different
payment methods available in Spain like: Apple pay, Google pay, Credit Card, Debit Card, Bank
Transfer and PayPal. Our exchange offers one of the best services in the country with the
access to payments through the mentioned resources while charging no exchange fees for
secure and fast transactions.