Where can I stake FTM?

You can stake FTM on most crypto exchanges and some brokerages. You can download Fantom’s official wallet, Fwallet , and connect to a native staking pool on Fantom’s mainnet.

Where can I see a list of projects building on Fantom?

The Fantom ecosystem is large. To help you explore the dApps available on the network, visit a DappRadar where you will find them listed. You can also find out more about DeFi on Fantom here on the Fantom website.

What are FTM token standards?

This relates to the different tokens supported by the FTM mainnet. They are The Opera Mainnet Token used to secure the network through on-chain governance and staking and also used to pay network fees, Ethereum, the ERC20 token standard, and The Binance Chain, the BEP-2 token standard.

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How and where to buy Fantom (FTM) in 3 steps

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Fantom (FTM)

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Author: Alexander Buckley Updated: March 22, 2022

Fantom is a decentralised blockchain network for decentralised applications (dApps) and virtual assets. Fantom’s unique blockchain consensus mechanism, Lachesis, allows the Fantom network to process transactions quickly and keep transaction costs affordable for the everyday user. Fantom’s native token, FTM, can be staked, used to pay for transaction fees and participate in dApps on the network.

This page will take you through the process of how to buy Fantom (FTM) for yourself and store your tokens securely. We’ll also mention what the Fantom network has to offer to investors and potential users.

3 steps to buy Fantom (FTM)

Step 1: Sign up to a broker or exchange

Sign up for a crypto exchange or brokerage. Registering an account with a trading platform takes only a few minutes. To set up successfully, you’ll need to provide some personal I.D. and contact information to the exchange. This is known as KYC (Know Your Customer).

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Step 2: Deposit funds

You’ll need to send some funds to your trading account so you can purchase cryptocurrencies. Deposits can be made using a debit/credit card, PayPal or bank transfer.

Step 3: Buy Fantom

To purchase FTM, swap your fiat to a base currency such as USDT or BTC (Bitcoin). Most cryptocurrencies cannot be bought with fiat directly and must be bought using one of their existing pairings. For example, to purchase Bitcoin with the pairing USDT/BTC, you’ll need to swap your fiat to Tether then use USDT to purchase BTC. After swapping to a base currency, search for FTM using your chosen trading platform’s search bar. You’ll see FTM paired with other coins such as Tether. Click the pairing you’d like to buy from, then enter the amount of FTM you’d like. Once you’ve clicked the buy button, your FTM will appear in your portfolio within seconds.

Where to buy Fantom

Cryptocurrencies such as Fantom can be bought from crypto exchanges and brokerages available. You can also purchase FTM from decentralised exchanges (DEXs) such as Uniswap, but you’ll first need to own some crypto on a non-custodial wallet to use most DEXs. You can visit one of our recommended cryptocurrency exchanges and brokerages below to buy Fantom today.

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Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

Why buy Fantom?

Fantom has grown into a reputable and reliable blockchain since its launch in 2019. Since then, the Fantom network has onboarded a large pool of talent to make its network one of the most robust decentralised networks in the crypto world.

Interacting with dApps on Fantom is fast, easy and affordable, with transaction fees costing only a fraction of a cent. Honourable mentions on the Fantom network include Geist, a decentralised non-custodial liquidity market protocol, and Spookyswap, an automated money market DEX for traders. The $BOO token, Spookyswap’s governance token, allows holders to take part in the future of Spookyswap. Another dApp on Fantom is Solidly, a streamlined DEX for trading cryptocurrencies with minimal trading slippage.

Despite founder Andre Cronje leaving the business in early 2022, Fantom still has a strong team working providing regular upgrades to the Fantom network plus a dedicated community behind the project. If you want to dig into the Fantom network, its best to own some FTM and check out the Fantom decentralised ecosystem while delegating some of your tokens to a staking pool to earn passive rewards.

Where to store your FTM

You can keep your crypto on your chosen trading platform or send your holdings to a non-custodial wallet where you’ll have more control and security over your funds. Non-custodial wallets such as Metamask and Trustwallet are widely used. Physical hardware wallets such as Ledger and Trezor offer extra layers of security for crypto assets.

Use the links below to learn more about hardware wallets and purchase one for your investment journey.

Frequently Asked Questions

1. Where can I stake FTM?

You can stake FTM on most crypto exchanges and some brokerages. You can download Fantom’s official wallet, Fwallet, and connect to a native staking pool on Fantom’s mainnet.
2. Where can I see a list of projects building on Fantom?

The Fantom ecosystem is large. To help you explore the dApps available on the network, visit a DappRadar where you will find them listed. You can also find out more about DeFi on Fantom here on the Fantom website.
3. What are FTM token standards?

This relates to the different tokens supported by the FTM mainnet. They are The Opera Mainnet Token used to secure the network through on-chain governance and staking and also used to pay network fees, Ethereum, the ERC20 token standard, and The Binance Chain, the BEP-2 token standard.