Enter the amount of Ethereum coins you wish to transfer into the “Amount” box. In case you want to transfer everything, you can simply choose the “use max” option. For example, if you are buying Ethereum, simply click on Ethereum and fill in the amount of money you are willing to spend or the number of coins you want to buy at the bottom of the page.
Can I Buy Fantom (FTM) with Ethereum?
Enter the amount you want to sell Fantom and exchange for USDT. If you follow these steps, you can have FTM in less than 5 minutes. Here, you will see again the same buy and sell panel, where you have to go to buy, to exchange your USDT for the amount of Fantom you want. Once you have chosen the amount, click on buy and you will have it.
With the FTM you have bought and deposited to your account, you can choose to send some of it to a friend or two. You can buy your Fantom token of choice of the app in a few steps. After your Fantom token of choice is ready to go, you can easily buy, deposit, send, and stake Fantom using Trust Wallet.
Best hardware wallet: Ledger
In general, the platform may (seem to) have ambitious plan to build a platform that can have instant transaction in fast speed processing and (almost) with zero cost. They aim to focus on virtual machine (with high-performance quality) for secure and safe execution for the smart contracts. The platform itself functions as a distributed technology ledger focusing on DAG-based environment.
Once your purchase details are verified, click on the buy / sell button, which happens to be on the top menu. So if you are interested in buying Fantom (FTM), read it till the end. The site will ask for how to buy ftm some basic information about yourself, make sure to tell the truth. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be.
Verify Your Coinbase Account
For instance, the FTM token is available as the native coin of the Fantom network. However, it is also available as an ERC-20 token on Ethereum, represented as FTM (ERC20). Now that your wallet is set up, you will need to enable the Fantom tokens on your wallet. You can do this by clicking on the ‘Add Tokens’ prompt and searching for ‘Fantom’.
- It runs on a directed acyclic-graph-based distributed ledger and is integrated with the Ethereum Virtual Machine (EVM) and the Web3JS stack.
- Which allows you to deposit funds using paypal, and subsequently you can buy Fantom within the platform.
- Here, you will see again the same buy and sell panel, where you have to go to buy, to exchange your USDT for the amount of Fantom you want.
- You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
Fantom can process thousands of transactions per second and scale to thousands of nodes. If you want to have your FTMs in the safest possible way, the best thing to do is to have them in a hardware wallet. In case you still have doubts, you can visit this more detailed guide on how to withdraw funds on Binance. In case you still have doubts, you can visit this more detailed guide on how to withdraw funds from Binance. If you go back to the dashboard, you can see how much Fantom you have.
Learn how to buy Fantom (FTM) in our step-by-step guide.
Therefore, short-term volatility is less critical due to a high probability that the price will increase over the long term. You can use fUSD to trade synthetic assets or lend them to earn interest. Future utility cases for the FTM token will come via dApps for supply chain management, payments and smart city programs. At present, most DeFi protocols run on the Ethereum network.
- Fantom, with its native token FTM, aims to upend the blockchain industry, positioning itself as a credible contender in the cryptocurrency space.
- Right now you can buy Fantom (FTM) at a good number of cryptocurrency exchanges.
- The Fantom network is a smart-contract platform that allows developers to write, compile, and deploy smart contracts the same way they can on Ethereum.
- First, click on the version of FTM showing the chain you would use it on.
- When you request for withdrawal of the funds you deposited, the broker will transfer the money back into your trading account wallet as cash or directly to your bank account.
- It is managed by a global community of UNI token holders and delegates.
In Fantom, your delegated FTM provides you with sFTM, a synthetic asset that you can use within the Fantom DeFi ecosystem. Stake-as-you-go earns around https://www.tokenexus.com/ 4% APY on your equity, up to 13% for a one-year commitment to staking. Fantom transactions are completed in one second and cost a fraction of a cent.