How to Buy Fantom (FTM) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Fantom and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Fantom.
  2. Register a new account.
  3. Fund your account.
  4. Buy Fantom.
FTM
$0.62027756824631

These steps are simple if you know where to buy Fantom cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Fantom (FTM) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Fantom Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

95

Only

95

of these exchanges sell Fantom.

We then filter down the entire set of possible marketplaces to only the ones that have active FTM markets.

41

Only

41

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

7

Only

7

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Kraken

VISIT Kraken Read Review
Reasons we ♥ Kraken
Top-Notch Security
Advanced Trading Options
Educational Commitment
Competitive Fee Structure
Exceptional Customer Support
CRYPTOCURRENCIES: 254
FUNDING:
Bank Transfer (ACH)
,
Wire Transfer
,
Paypal
,
SEPA
,
Interac
,
BLINC
,
CHAPS (ClearJunction)
,
FPS (ClearJunction)
,
SWIFT
,

Step 2Register Your New Account

Registering for a Kraken account is a straightforward process designed to give users quick access to its cryptocurrency trading services. The process emphasizes both ease of use and security, ensuring a smooth start for new users.

Here's a step-by-step guide on how to register:

  1. Visit the official Kraken website.
  2. Click on the "Create Account" button located in the upper-right corner of the homepage.
  3. Enter your email address, choose a username (which cannot be changed later), and create a strong password.
  4. Read and agree to Kraken's Terms of Service and Privacy Policy, then click the "Create account" button.
  5. Check your email for an activation message from Kraken, which will include an activation key.
  6. Enter this activation key on the account activation form, or click the link provided in the activation email.
  7. Confirm your password and complete any required captcha verification.
  8. Once these steps are completed, your Kraken account will be successfully created and ready for use.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Fantom cryptocurrency.

You can buy Fantom on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Fantom (FTM)

After registering and funding your account at , you should be able to buy Fantom after your deposit finishes processing. After you receive your FTM, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Fantom Exchanges

Fantom is also available on these exchanges:


Frequently Asked Questions

Yes, Fantom is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase Exchange, Bybit, OKX, Kraken, KuCoin, Gate.io, BingX.

You can buy Fantom instantly at Zengo, Binance, Coinbase Exchange using their instant buy feature or a credit card.

Yes you can buy less than one (1) FTM. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Fantom, you will need to deposit funds into your exchange account - which usually has no fees - and then buy FTM, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Fantom at Zengo, Binance, Coinbase Exchange.

Fantom Investment & Buying Guide

Diving into the world of Fantom, you’re uncovering a hidden gem in the bustling crypto market. It’s not just another blockchain; Fantom is a high-performance, scalable ecosystem designed to cater to the future of decentralized finance (DeFi).

With its innovative approach to consensus through the Lachesis protocol, Fantom aims to redefine how networks can achieve higher speeds and security. You’re about to explore how this under-the-radar cryptocurrency could potentially reshape the industry.

Fantom’s promise of near-zero transaction costs and almost instantaneous transaction speeds has piqued the interest of developers and investors alike. Get ready to delve deep into what makes Fantom a noteworthy contender in the crypto space.

What is Fantom Cryptocurrency?

Fantom is a cutting-edge blockchain platform, specifically designed to power the world of DeFi with its unparalleled capabilities. At its core, Fantom is built to address the limitations of traditional blockchains—speed, scalability, and security—through its unique technology.

How does Fantom Compare to Other Cryptocurrencies?

Fantom stands out with its Lachesis protocol, which brings superior speed and security to its network. While Bitcoin processes transactions at an average of 7 transactions per second (tps), and Ethereum averages around 30 tps, Fantom dramatically increases the game with significantly higher throughput.

Fantom’s performance is not just on paper; with near-zero fees and transaction finality in seconds, it outpaces many competitors. Your transactions on the Fantom network are processed almost instantly, a stark contrast to the often sluggish speeds of first-generation blockchains.

The platform’s impressive scalability is catalyzed by its asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism. This means Fantom can maintain high performance without sacrificing security, something not all blockchains can claim. Your assets are secured with a level of reliability that’s designed for mass adoption.

In comparison to other DeFi projects, Fantom provides users with an ecosystem rich in dApps (decentralized applications), fostering vibrant growth and innovation. Its ecosystem is not merely a space for transactions but a foundation for building and deploying complex DeFi products.

When looking at transaction costs, which are a significant hurdle in many blockchain platforms, Fantom is a game-changer. It offers extremely low fees, often less than a cent, giving it a competitive edge for users tired of paying high gas fees on networks like Ethereum.

By ensuring compatibility with the Ethereum Virtual Machine (EVM), Fantom ensures a seamless transition for developers looking to migrate or launch new dApps. This interoperability is a strategic advantage, making it easier for established projects to integrate with the Fantom ecosystem.

Fantom’s contribution to the DeFi space is highlighted by its focus on providing solutions to issues plaguing older blockchains. Its innovative approach, high-speed transactions, and minimal costs place Fantom in a strong position within the cryptocurrency landscape.

Fantom History & Growth

Fantom was officially launched in 2018, aiming to overcome the trilemma of scalability, security, and decentralization. Its genesis is marked by a commitment to resolve persistent challenges faced by conventional blockchains.

Fantom quickly gained attention due to its innovative Lachesis protocol and the promise of higher speed transactions. By 2019, it had already established itself as a formidable competitor within the crypto space.

Significant partnerships and network upgrades fueled Fantom’s growth throughout 2020. The collaboration with top-tier blockchain developers expanded its dApp ecosystem remarkably.

In 2021, Fantom’s total value locked (TVL) soared, making it one of the fastest-growing platforms in DeFi. This explosive growth was accompanied by a rising number of users and transactions on the network.

The platform’s native token, FTM, experienced a substantial increase in value and market cap, reflecting investor confidence. The token’s performance mirrors Fantom’s strong growing phase.

Continual updates and community-driven development projects position Fantom for sustained expansion. The focus remains on refining the user experience and enhancing network capabilities.

Buying Fantom with Different Payment Methods

Buying Fantom with a Credit Card

Purchasing Fantom (FTM) with a credit card is straightforward on many cryptocurrency exchanges. Major exchanges like Binance and Coinbase allow for instant acquisitions of FTM using Visa or Mastercard.

Buying Fantom with a Debit Card

You can buy FTM tokens using your debit card on platforms like Kraken and Gemini. Transactions are generally quick and secure, offering another convenient option.

Buying Fantom with Apple Pay

For iOS users, buying Fantom through Apple Pay is possible via integrated apps like Crypto.com. This method combines ease of use and fast transaction speeds.

Buying Fantom with PayPal

PayPal’s recent support for cryptocurrency purchases includes buying Fantom on select exchanges. However, PayPal may not be available on all platforms and could incur additional fees.

Buying Fantom with a Bank Transfer

Bank transfers are common for funding exchange accounts to buy FTM, providing lower fees than card payments. This method is often preferred for larger transactions due to increased security and cost-effectiveness.

Keeping Your Fantom Safe

Securing your Fantom (FTM) tokens is crucial to protect your investment from theft and unauthorized access. Understanding the difference between software and hardware wallets can help you make an informed decision on which storage method fits your needs best.

Software Wallets

Software wallets are applications or programs allowing you to store, send, and receive FTM tokens on various devices. They are convenient and easily accessible, but as connected devices, they may be vulnerable to online threats such as hacking or malware. Leading software wallets for Fantom include MetaMask, fWallet, and Trust Wallet, each offering unique features like user-friendly interfaces and integration with DeFi platforms.

Hardware Wallets

Hardware wallets are the gold standard for securing cryptocurrencies because they store your FTM offline, providing a barrier against online threats. Devices like Ledger Nano S or Ledger Nano X support Fantom tokens and offer robust security features like pin codes and backup recovery phrases. By keeping your tokens in a hardware wallet, you’re significantly reducing the risk of cyber attacks and ensuring that your digital assets remain under your control.

Selling & Withdrawing Fantom

When you’re ready to cash out, selling your Fantom tokens is straightforward. Most cryptocurrency exchanges that list Fantom allow you to sell it for other cryptocurrencies or fiat money. Prior to selling, ensure the exchange supports direct withdrawal to your bank account if you wish to convert to fiat.

Withdrawal processes vary by platform but generally involve transferring your Fantom from your wallet to the exchange. Once the tokens are in your exchange wallet, you can place a sell order. To sell into fiat, select the FTM/USD or FTM/EUR pair; these pairs are commonly traded.

After selling your Fantom, you’ll want to withdraw your funds. Examine the withdrawal fees, as these can differ significantly between exchanges and can affect the total amount you receive. Some exchanges offer different withdrawal methods, including bank transfers, PayPal, and other online payment services.

Remember to take security measures when operating on exchanges. Always enable two-factor authentication (2FA) and use secure, unique passwords. If you’re withdrawing a significant amount, consider doing it in smaller chunks to reduce risks.

Setting up auto-withdrawals can be convenient if you plan to sell on a regular basis. This feature allows you to automate the withdrawal process, saving time and effort. However, always double-check the auto-withdrawal settings to avoid any unintended transactions.

Is Fantom a Good Investment?

Fantom’s innovative technology is proving to be a game-changer in the blockchain space. Its high-speed transaction processing capabilities offer a significant advantage over older blockchains. With near-instant transactions, the network is not just fast but also highly efficient, leading to lower costs for users. Scalability is a key factor for any blockchain, and Fantom excels with its ability to process a large number of transactions concurrently, thanks to its aBFT consensus mechanism.

The potential for expansion in Fantom’s ecosystem is vast, considering its compatibility with Ethereum-based dApps. This interoperability feature attracts developers looking to utilize Fantom’s high-performance while still connecting to the Ethereum network. The platform’s growth has been reflected in the increasing number of partnerships and collaborations, which indicates strong future potential.

Regarding investment, the historical price surge of Fantom tokens in 2020 reveals the market’s positive reception to the platform’s advancements. Moreover, continuous development and network upgrades are signs that the Fantom team is committed to maintaining a competitive edge. Always remember that investing in cryptocurrencies involves risk and market volatility can lead to unpredictable price movements.

To evaluate whether Fantom fits your investment profile, consider the project’s fundamentals alongside your risk tolerance. Diversification is key in managing investment risks, so it’s essential to balance your portfolio accordingly. Keep a close watch on market trends and emerging developments within the Fantom ecosystem for informed decision-making.

Fantom Price Predictions

As an investor looking to buy Fantom (FTM), you might be wondering why this cryptocurrency has been gaining popularity recently. The answer lies in its unique technology, which allows for fast and secure transactions without the need for a third party. This is achieved through the use of the Lachesis protocol, a consensus mechanism that is both scalable and energy-efficient.

When considering investing in Fantom, it’s important to know that it’s not just a cryptocurrency, but a full platform for decentralized applications (dApps). This means that developers can build and deploy their own dApps on the Fantom network, creating a wide range of use cases for the platform.

One of the key advantages of Fantom is its compatibility with the Ethereum Virtual Machine (EVM), allowing for interoperability with the Ethereum network. This opens up a world of possibilities for developers and users alike, as they can access a broader range of applications and services.

Fantom’s emphasis on security is also a major selling point for investors. The platform’s use of aBFT (Asynchronous Byzantine Fault Tolerance) ensures that transactions are secure and that the network can withstand attacks from malicious actors.

Overall, Fantom’s innovative technology, compatibility with Ethereum, and focus on security make it an attractive option for both developers and investors. Its potential for scalability and widespread adoption positions it as a strong contender in the competitive world of cryptocurrencies. If you’re looking to diversify your portfolio and invest in a fast-growing digital asset, Fantom (FTM) is worth considering.

Additional Info

With Fantom’s cutting-edge Lachesis protocol and aBFT consensus mechanism, you’re looking at a platform that’s not just fast but also robust in security. Its compatibility with the Ethereum Virtual Machine paves the way for seamless integration and a broader scope of possibilities. For developers, this means a fertile ground for innovation. As an investor, you’re eyeing a cryptocurrency that’s poised for potential growth, thanks to its technical prowess and strategic alliances. If diversification and investing in promising digital assets are what you’re after, Fantom might just be the key to unlocking new opportunities in your portfolio. Keep an eye on this one as the crypto landscape continues to evolve.

Fantom (FTM)
Price
$0.62027756824631
24h Change
-3.1
7d Change
-13.9