Fantom Coin (FTM), developed by one of South Korea’s most renowned computer experts, Dr. Ahn Byung, aims to facilitate the use of DeFi-based applications through its smart contract-focused crypto project. What sets FTM Coin apart from other projects is its unique consensus model known as Lachesis.
An Ethereum-based ERC-20 token, FTM entered the market with the promise of processing thousands of transactions per second, unlike the Ethereum network.
What is Fantom (FTM)?
FTM plays a crucial role in enabling high-capacity transactions within its network. It offers direct access for those looking to invest or utilize DeFi projects. An official statement has announced that all commercial and institutional names can use FTM for high-volume transactions.
FTM Coin Review
As of writing this article, FTM Coin ranks 164th, witnessing a 5% increase in the last 24 hours. The total market value of FTM Coin is around 45 million dollars, with a 4 million dollar volume achieved in the last 24 hours. The entire supply of FTM Coin is currently in circulation. Its focus on DeFi could continue to drive its growth.
How to Buy Fantom Coin?
What needs to be done to purchase FNT Network Coin? Binance emerges as the most popular platform for users in this regard. The liquidity and security offered by Binance also influence investors to choose it. It is noted that FNT is listed on Binance.
- To buy FNTCoin, first, you need to deposit USD balance into the exchange or buy a cryptocurrency that can be used instead. Go to the Binance homepage, click on the “Buy Crypto” option at the top left, and then the “Credit/Bank Card” tab.
- In the opened tab, choose how much USD you want to spend and select Bitcoin, i.e., BTC in the Coin section.
- After buying BTC, preview the “Buy-Sell” option at the top left, click on the “Classic” tab.
- In the opened section, select the BTC tab from the top right, type FNT in the search button, and select the FNT/BTC pair that appears below.
- Then go to the “BUY FNT” tab in the middle, enter the amount you want to buy.
- Enter the desired amount and complete the FNT Coin buying process by confirming the transaction.
