What is FTM Fantom?
FTM Fantom is a new cryptocurrency that was designed to solve some of the biggest issues in society. The FTM token was designed for people who want to use it as an investment opportunity and also as a means of payment.
This blockchain-based solution provides stability and security with low cost and high speed transactions, and it’s also environmentally friendly, since mining does not consume any energy resources.
Considering how we currently use natural resources in our global economy, this could be an extremely impactful solution. In terms of blockchain, FTM Fantom seeks to create a blockchained solution with increased speed, increased security, low cost transactions, safety from hackers or other individuals that may threaten your funds
Where and How to buy Fantom (FTM) in the UK
- Sign up to an exchange which trades Fantom
- Fund it with cryptocurrency
- Trade your crypto for Fantom
Sign up to an Exchange
We recommend Binance? This for a number of reasons
With cryptocurrencies being so volatile, it is important to buy them on platforms that have a proven track record of the crypto markets. Binance is one of the most popular exchanges because they have cutting-edge security standards and they are also recognized by the crypto community as one of the best.
Binance has become synonymous with cryptocurrency trading for many people. Not only can you buy cryptocurrency on Binance, but you have access to advanced tools that are not available anywhere else in the market. These tools allow binance coin traders to see their portfolio’s performance over time, invest with different risk profiles, research projects, and execute trades seamlessly without compromising user security or privacy.
Binance is leading the way in technical trading features because they give their users top-of-the-line trading tools at an affordable
Fund your Binance account
Now you need to transfer BTC in order to trade Fantom with it.
It’s really easy to buy BTC with your debit card on binance.
You can transfer your funds from your bank account or use our other options to make the process easier for you.
You can also setup recurring orders! which is another great option for Binance which other platforms don’t offer. In order to make it easier for customers to set up recurring orders on Binance, the company released an official guideline which makes it clear.
Trade your BTC for Fantom
We now need to get into our trading section of the guide.
To do this follow the above picture and click on Classic!
Now we have to find the correct pair BTC/ Fantom
Now type Fantom in the top corner like i did.
If you are new to the market, the stock market can be a confusing place. Let’s break down some of the most basic terms you need to know in order to get started.
– Market order: this order type is executed immediately. This means that your trade will execute as soon as possible and the price of the trade will not change.
– Limit order: this order type is put in place so that your trade executes for a specific price and does not execute until it reaches that specified price.
Why is FTM a good investment?
If you believe in DEF as a concept, FTM is poised to be the most active and heavily utilized DEFI network. When we look at the DEFI network’s usage and investment level, its current market cap suggests it is undervalued. There are always improvements to be made, but here are some good reasons to check out the coin right now. Fantom is trying out a new consensus algorithm that is built from the ground up with the intention of facilitating services on a broader scope.
This would be made possible with smart contracts, which allow for rules to be encoded into the blockchain. The mechanism, Lachesis, promises high capacity and two-second settlement speed. It also offers improvements to security over traditional proof-of-stake algorithms. In order to encourage developers to create decentralized solutions, Ethereum allows developers to use their tokens when deploying a decentralized solution.