Fantom – FTM Coin [Everything You Need to Know]

Fantom - FTM Coin

Fantom is a decentralized finance (DeFi) platform that provides developers with decentralized acyclic graph (DAG) smart contracts using its bespoke consensus algorithm.

Fantom was referenced in 2,689 out of 1,677,566 web-based entertainment posts on Twitter and Reddit on Jul 26, 2022. 1,903 remarkable people are discussing Fantom and it is positioned #76 in many notices and movement from gathered posts.

The Fantom platform and its proprietary token, FTM, aim to solve problems associated with smart-contract platforms, specifically transaction speed, which developers claim to have reduced to under two seconds.

As of December 2019, Fantom’s mainnet OPERA, powered by Fantom’s foundation, will be available on OPERA. The Fantom Foundation was originally created in 2018 to oversee Fantom’s product offerings.

To replace Ethereum, Fantom is an open-source platform for decentralized applications and digital assets. The goal of Fantom is to overcome the limitations of previous generation blockchains and balance three components: scalability, security, and decentralization. Besides offering a set of tools to simplify the integration process of DApps, the project offers a detailed stake reward system and built-in DeFi instruments.

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As an Investor Everything, You Need to Know FTM Coin

Coin Name

Fantom – FTM coin [FTM]

Circulating Supply 2,545,006,273
Listed on Sandbox Listed on worlds all exchanges such as Binance, FTX, ByBit, Huobi Global, KuCoin, Gate.io, Gemini, Coinbase, Kraken, etc.
Rank in Crypto Coins 60
Future Price Prediction 4 $ on 31st December 2022. (We are not financial advisors, do your own research)

How much is the Fantom coin worth?

$0.407044 The current price is $0.407044 per FTM. Fantom is 88.30% below the all-time high of $3.48. The current circulating supply is 2,545,006,273 FTM.

Is FTM a good coin?

Yes. Fantom Network is safe as it uses a bespoke variety of proof-of-stake algorithms to provide services and secure its network. FTM is also used as a governance token.

What is the FTM Fantom coin?

The Fantom system generates its own digital coin, abbreviated to FTM. The purpose is to lend users of these speedier blockchain networks a native medium of exchange. Further, each blockchain on the Fantom system can have its own tokens and rules on how these tokens are generated and traded.

Does Fantom coin have a future?

DigitalCoinPrice does not expect exponential gains for the Fantom (FTM) crypto in the long run. Come 2030, the coin is expected to trade at an average of $1.92, set between a minimum of $1.87 and a maximum of $2.01.

Will Fantom get listed on Coinbase?

Fantom is yet to be listed on Coinbase, which isn’t a surprise as Coinbase has rigorous criteria for the tokens listed on the exchange. However, Brian Armstrong, the Coinbase CEO, stated in June of this year that Coinbase aims to offer any asset where it is legal to do so.

Who owns Fantom Crypto?

The Fantom Foundation, which takes care of the development of Fantom, was founded by Dr. Ahn Byung Ik, a South Korean computer scientist. Michael Kong acts as the CEO. FTM was launched in late 2018 and began trading for about $0.02.

What is the Fantom coin used for?

Fantom (FTM) is a cryptocurrency and a native utility token that drives the Fantom Blockchain, and thus a Mainnet coin as an ERC-20 token for the Ethereum ecosystem and a BEP-20 token for the Binance ecosystem. FTM token can be used for staking, On-Chain Governance, and platform fees in the Fantom network.

Is FTM a good long-term investment?

Coins like Solana (SOL), Fantom (FTM), and Mushe Token (XMU) offer tangible benefits and are a good investment for a long-term wealth creation goal.

Is Fantom its own blockchain?

Fantom is a smart contract-supporting blockchain, powered by its native FTM token. Following a $40 million raise, Fantom launched its mainnet in December 2019. Its blockchain is fast and cheap, and in 2021 proved that it could support its own decentralized finance (DeFi) industry.

Is Fantom crypto?

Uses for the Fantom token include staking, governance, network fees, and payments. The Fantom token is the platform’s native cryptocurrency.

Will Fantom reach 20 dollars?

As per our current analysis, to reach 20 USD, Fantom needs to grow by more than 10x. It is not impossible but improbable to expect such high prices in a single year from any cryptocurrency. Meanwhile, remember this is not investment advice and your should conduct due diligence before buying Fantom Coins.

Why should I buy Fantom?

Fantom is a secure and scalable smart-contract platform aimed at the development of decentralized finance (DeFi) applications. It’s designed to overcome the limitations in transaction speeds that are affecting older blockchain platforms running smart contracts.

Can I buy Fantom on Binance?

You can directly purchase Fantom with a credit card or debit card on Binance. We offer the best route to buy Fantom using Visa or MasterCard.

Can I buy Fantom on Crypto com?

Fantom (FTM) is listed in the Crypto.com App and joins the growing list of 100+ supported cryptocurrencies and stable coins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Crypto.com Coin (CRO).

How do you invest in Fantom?

Go to CoinMarketCap and search for Fantom. Tap on the button labeled Market near the price chart. In this view, you will see a complete list of places you can purchase Fantom as well as the currencies you can use to obtain it. Under Pairs, you’ll see the shorthand for Fantom, FTM, plus a second currency.

Why is Fantom better than Ethereum?

Fantom deploys a completely new consensus mechanism that it has developed from scratch called Lachesis. This consensus mechanism of Fantom is significantly faster and more secure than the conventional proof-of-stake blockchain (PoS) protocols.

Is Fantom Ethereum?

Fantom is also Ethereum Virtual Machine (EVM) compatible, which is why the network is an especially interesting candidate for offering an alternative to Ethereum.

Is Fantom better than Solana?

Solana (SOL) can handle 50,000 transactions per second, whereas Ethereum (ETH) averages 14 per second. While Fantom (FTM) is slower than Solana (SOL), it is still much quicker than Ethereum, with its blockchain processing 25,000 transactions per second in a 2018 test run.

How many Fantom coins are there?

2,545,006,273 Fantom coins. There are currently 2,545,006,273 Fantom coins circulating out of a max supply of 3,175,000,000 OR around 3.175 billion tokens.

Why is Fantom crypto dropping?

In addition to the sell-off momentum that’s affecting the crypto market at large, Fantom’s cryptocurrency appears to be losing ground because of the exploitation of a decentralized finance (DeFi) application that runs on its blockchain.

Will Fantom go back up?

The previous halving led to a bull run in the months following so Fantom by 2025 could be back near or above its top if BTC does break above $100,000 which some institutional investors predict.

Will Fantom recover?

It set a one-year forecast of roughly $2.07 per coin and a five-year prediction of $7.55. This represents more than 2,000% upside. CryptoNewsZ is even more confident in Fantom. The platform set an average 2022 price target of $3.38 per coin and predicts the coin can hit $4.70 by the end of 2025.

Is Fantom a buy now?

The Prediction of Fantom Prices in 2022 According to Experts Based on data from Wallet Investors, by the end of August, the token could reach a value of 2.13 USD, while by the end of 2022, specifically December 31, the token could increase to 3.02 USD.

How do you get FTM on Fantom?

To receive FTM, click the Receive button on the menu bar. The wallet will display your Opera address. Only send FTM mainnet tokens to this address. To receive FTM from Ethereum or Binance Chain, you can use multichain.

Can I buy Fantom on MetaMask?

To add Fantom to Metamask, you first need to configure MetaMask to access the Fantom blockchain:
Step 1: Log in to MetaMask as usual.
Step 2: Click on Ethereum Mainnet to open the drop-down menu and then select Add Network.

How do you stake a Fantom coin?

Stake Fantom, earn rewards Access the wallet. Open the wallet from your computer or your mobile device. … Deposit your FTM. Transfer your FTM from an exchange to your Opera address. Choose a validator. … Earn rewards.

What chain is Fantom on Crypto com?

Fantom is a scalable next-generation blockchain platform popular among Decentralised Finance (DeFi) customers, business applications, and EVM developers. Fantom’s mainnet, Fantom Opera, is open-source and permissionless and employs an asynchronous Byzantine fault tolerance (aBFT) consensus method dubbed Lachesis.

Is FTM a Binance?

You can buy FTM on Binance with the exchange view. You’ll need to swap another coin or token in a trading pair with FTM.

How do you sell on Fantom? OR How to sell Fantom?

Sign in to the exchange you have FTM on. If you store your Fantom in a digital wallet, compare crypto exchanges to sell it on. Place a sell order. Choose the amount of FTM you’d like to sell. Complete your transaction. Confirm the selling price and fees and close your sale of Fantom.

Is Fantom an Ethereum killer?

Fantom, Cardano, Solana- All about 3 altcoins seen as Ethereum killers in 2022.

Can Ethereum beat Fantom?

Transactions on Fantom surpassed those on Ethereum in February. Fantom’s market capitalization is $5.1 billion. It’s a faster and more environmentally friendly blockchain that some analysts say can compete with Solana and Ethereum.

Does Fantom crypto have a future?

Fantom price prediction 2022 According to PricePrediction.net, the Fantom (FTM) crypto price throughout 2022 will be an average of $0.36, squared by a maximum price of $0.42 and a minimum price of $0.35.

What is the future of the Fantom coin?

According to the Fantom price predictions, by 2023, the price will reach up to $4.1 and up to $5 in the year 2026.

Is Fantom FTM a good investment?

Coins like Solana (SOL), Fantom (FTM), and Mushe Token (XMU) offer tangible benefits and are a good investment for a long-term wealth creation goal.

Will Fantom be listed on Coinbase?

Avalanche (AVAX) and Polygon (MATIC) are already available on Coinbase. However, Fantom stands out on this list, as other DeFi systems like Arbitrum and Optimism lack native tokens. Fantom is yet to be listed on Coinbase, which isn’t a surprise as Coinbase has rigorous criteria for the tokens listed on the exchange.

Why is Fantom coin going down?

In addition to the sell-off momentum that’s affecting the crypto market at large, Fantom’s cryptocurrency appears to be losing ground because of the exploitation of a decentralized finance (DeFi) application that runs on its blockchain.

Is Fantom an ERC20 token?

Fantom has an ERC20 token, but it can’t be used directly on the Opera mainnet.

How can I buy FTM in the USA?

Go to CoinMarketCap and search for Fantom. Tap on the button labeled Market near the price chart. In this view, you will see a complete list of places you can purchase Fantom as well as the currencies you can use to obtain it. Under Pairs, you’ll see the shorthand for Fantom, FTM, plus a second currency.

How do I get FTM from Ethereum to Fantom?

Sending FTM

  • Step 1: Click on Send in the menu bar.
  • Step 2: Choose the blockchain you’d like to send FTM to.

Choose Fantom Opera for Opera FTM (within the Opera Network), Ethereum for FTM-ERC20, and Binance for FTM-BEP2. Note: Opera to Ethereum and Opera to Binance transfers incur a 50 FTM fee.

Does MetaMask hold FTM?

Now, you can send FTM to the Fantom wallet you access via Metamask. Your Ethereum and Fantom wallets will be separate, but they share the same address.

Is staking Fantom safe?

Not at all. Staking happens on-chain, so it’s completely independent of your computer, mobile device, or wallet. Once you have staked your tokens, you can safely log out from your wallet, and if you want you can periodically access it to check your rewards balance.

Is Fantom proof of work?

Fantom is secure and environmentally friendly Fantom is secured by Proof-of-Stake. Unlike Proof-of-Work, used by Bitcoin and Ethereum, Proof-of-Stake prevents centralization and saves electricity. Lachesis can provide institutional-grade security to distributed networks.

What is FTM coin?

Fantom (FTM) is a cryptocurrency and a native utility token that drives the Fantom Blockchain, and thus a Mainnet coin as an ERC-20 token for the Ethereum ecosystem and a BEP-20 token for the Binance ecosystem. FTM token can be used for staking, On-Chain Governance, and platform fees in the Fantom network.

Does Binance have Fantom?

You can trade Fantom for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform. Binance offers many trading pairs for Fantom trading to meet your needs. Earn Rewards by staking coins.

Can you buy Fantom on Binance?

Binance offers many options. You can easily buy Fantom (FTM) with the lowest fees and highest security anywhere Binance is available. Learn how to buy Fantom (FTM) with the Binance app now.

What exchanges can you buy Fantom on?

Fantom token (FTM) is available on all the major cryptocurrency exchanges. All exchanges. FTM mainnet only.

Is Fantom better than Eth?

Apart from this, Fantom is also customizable. Multiple blockchains are connected to the consensus protocol, which helps them communicate. Ethereum is able to scale itself with the help of other blockchain protocols like Polygon (MATIC). This is another advantage of Fantom over Ethereum.

Who is behind Fantom crypto?

FANTOM CEO Michael Kong: How it started, Structure explained, How to… #Fantom is a layer-1 blockchain aiming to provide an alternative to the high costs and low speeds about which users of Ethereum often complain.

Will Fantom grow?

The Prediction of Fantom Prices in 2022 According to Experts Based on data from Wallet Investors, by the end of August, the token could reach a value of 2.13 USD, while by the end of 2022, specifically December 31, the token could increase to 3.02 USD.

Is Fantom on Coinbase?

Fantom is not supported by Coinbase.

Will FTM coin go up?

The FTM crypto price prediction from Price Prediction suggested that the coin could average $1.7 in 2022, $2.42 in 2023, and $4.82 by 2025. Its fantom coin price prediction expected FTM could jump to $36 by 2030.

Why is Fantom’s price dropping?

In addition to the sell-off momentum that’s affecting the crypto market at large, Fantom’s cryptocurrency appears to be losing ground because of the exploitation of a decentralized finance (DeFi) application that runs on its blockchain.

Is Fantom a good investment in 2022?

At DigitalCoinPrice, the Fantom price prediction for 2022 currently stands at an average of $0.55, with a maximum estimate of $0.60 and a minimum of $0.52.

Is Fantom a blockchain?

Fantom is a smart contract-supporting blockchain, powered by its native FTM token. Following a $40 million raise, Fantom launched its mainnet in December 2019. Its blockchain is fast and cheap, and in 2021 proved that it could support its own decentralized finance (DeFi) industry.

What is FTM crypto?

Fantom (FTM) is a cryptocurrency and a native utility token that drives the Fantom Blockchain, and thus a Mainnet coin as an ERC-20 token for the Ethereum ecosystem and a BEP-20 token for the Binance ecosystem. FTM token can be used for staking, On-Chain Governance, and platform fees in the Fantom network.

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