Author - Daniels Kenneth In category - Cryptocurrency exchange Publish time - 23 August 2023

how to buy fantom crypto

After purchasing your crypto, you can either store it in your personal crypto wallet or keep it in your BYDFi account. Now, let’s delve into the step-by-step process of buying FTM with BYDFi. Fantom tries to overcome this trilemma with its pioneering proof-of-stake (PoS) consensus algorithm called Lachesis. Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

how to buy fantom crypto

The DAG has a tree structure, allowing it to process many more transactions simultaneously, thus solving the scalability problem. Your digital assets held with BYDFi are securely stored in offline, deep cold storage wallets, eliminating any risk of a single point of failure. Visa, Mastercard, SEPA, as well as Apple Pay and Google Pay transactions are supported. Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. In the short term, you can take advantage of the market volatility and trade FTM in the spot or futures market by shorting the market or going long. You can also easily swap your FTM on OKX with zero slippage and no fees and spread. It is permissionless, open-source, and Fantom’s EVM-compatible smart contract chain. Since smart contracts are written in Solidity, Ethereum’s native programming language, any DApp developed on the Ethereum network can be easily deployed on Opera.

how to buy fantom crypto

Find an exchange to buy, sell and trade FTM by comparing deposit methods, supported fiat currencies and fees. Fantom is a Layer-1 blockchain smart contract platform built on a directed acyclic graph (DAG) to deliver unparalleled speed, security, and reliability. This is made possible through two main technologies called Lachesis and Opera. Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume. Input the amount of fiat you intend to spend, select the crypto you want to buy, and then pay with “Bank Transfer.” You can buy FTM directly with MasterCard or VISA credit/debit card on OKX.

If you’re considering exploring the potential of Fantom, you’ve come to the right place. Huobi Global is one of the top exchanges that currently offers Fantom (FTM) trading opportunities. Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. We list the top 6 exchanges that offer the ability to buy Fantom (FTM) cryptocurrency with a credit card, debit card, or Bitcoin (BTC). Uphold offers both a desktop and mobile app trading experience that is extremely intuitive.

Mistakes to avoid when investing in cryptocurrencies

The volatile nature of cryptocurrencies opens the door for various trading opportunities. Essentially, this volatility facilitates strategies like cryptocurrency day trading or scalping, making it possible for traders to capitalize on the price swings that a cryptocurrency might undergo. If you want to buy Fantom, we suggest using a regulated cryptocurrency exchange like BYDFi. In this guide, you’ll find the step-by-step process for investing in FTM with BYDFi. Binance is one of the largest and most well-known cryptocurrency exchanges in the world.

  • To buy Fantom online, you will have to register with a regulated crypto exchange, such as BYDFi, that offers the token.
  • This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.
  • If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can buy Fantom.
  • Fantom (FTM) is in the top 1,000 cryptocurrencies by market cap, valued at $673,197,438.

Fantom (founded in 2018) is a blockchain platform often viewed as a viable alternative to the Ethereum network. This decentralized, permissionless network offers developers a scalable framework to design, develop, and roll out decentralized applications (dApps) and cryptocurrency projects that support smart contracts. Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Fantom (FTM) trading opportunities and currently accept clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality. You can buy Fantom in the US through a regulated trading platform that offers Fantom, for example, via the crypto exchange BYDFi.

Where to buy Fantom?

Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents. From humble beginnings, Kraken now offers over 200 digital assets including Fantom (FTM). For more sophisticated investors Kraken also offers futures and margin trading. is an independent comparison platform and
information service that aims to provide you with information to help you make better decisions.

When comparing offers or services, verify relevant information with the institution or provider’s site. To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. Lachesis is an Attachment-Based Family Therapy (ABFT) consensus engine consensus layer that serves as the ecosystem’s core consensus layer. This layer is built using the DAG algorithm to solve blockchain’s trilemma problem. The traditional blockchain model is linear, where each block precedes another block, meaning transactions are processed sequentially.

Historically, blockchain transactions have been plagued by sluggish speeds and hefty fees. Thankfully, a fresh wave of blockchain platforms has emerged that address these hurdles. Fantom, with its native token FTM, aims to upend the blockchain industry, positioning itself as a credible contender in the cryptocurrency space.

You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you. OKX is one of the largest crypto exchanges, with numerous tradable assets in the spot and futures market. OKX is one of the most liquid crypto exchanges with industry-leading transaction times. KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.

How to buy Fantom Token with card

Navigate to “Buy Crypto” on BYDFi’s main page to buy crypto with your preferred fiat currency. Note that fiat deposits are provided by third-party service providers and not processed by BYDFi. KuCoin currently offers Fantom (FTM) cryptocurrency trading as well as over 300 other popular tokens.

Following registration, you can buy Fantom through that exchange using your chosen fiat currency. It is important to note that purchasing crypto with BYDFi via fiat currency will incur transaction fees from service providers. You will need to check the official website of the respective provider for the actual cost. For this, we recommend using a regulated cryptocurrency exchange BYDFi. Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which receives compensation. We may receive compensation from our partners for placement of their products or services.

Fantom (FTM) is in the top 1,000 cryptocurrencies by market cap, valued at $673,197,438. Once you have fully comprehended the risks, here are the steps to buy the new FTM coin. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can buy Fantom.

FTM price today

We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. You can buy Fantom with a credit card on the crypto exchange BYDFi through a third-party service provider. As a relatively new asset class, crypto is expectedly more volatile than, say, stocks or bonds. You can enter the deposit amount based on the cash or cryptocurrency amount you’re comfortable with (provided that the service provider’s purchase limit conditions are met).

The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider.

It is often the first to offer buying opportunities for new tokens. Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform.

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