Fantom (FTM) is trading at $1.06 following a notable 119% surge over the past three weeks. While the broader crypto market is experiencing a downturn, this rapid ascent has momentarily halted. Nevertheless, technical indicators point towards a potential rally resumption, indicating a likely upward trajectory for FTM shortly. Ripple (XRP) price declined to $0.56 on Wednesday, the lowest level in two weeks, as traders awaited further developments in the Securities and Exchange Commission’s (SEC) lawsuit against Ripple. Ethereum’s price has been consolidating on Wednesday following its recent crash. Once connected, you can delegate an amount of FTM for staking to start earning staking rewards, paid out in FTM tokens.
Once you receive this address, you can copy it onto your phone’s clipboard or write it down, double-checking to confirm that it’s the right address. Once you have it up and running, click on the amount of FTM you would like to deposit into your Trust Wallet account and click on ‘Confirm’. Binance will automatically detect your wallet address during this process. All these tokens will appear on your list of tokens on your wallet home screen. Each different version of FTM is unique and helps you to maximize on the interoperable nature of the Fantom network to other blockchains. Fantom has been seen as one of the blockchains giving Ethereum and other PoS networks a run for their money since it operates as an infrastructure for decentralized applications.
The Top NFT Marketplace on Fantom
A pop-up will appear to advise your to set up 2FA (two-factor authentication) on your account. You should really do this to protect your money from any hacking attempt. For example, if you are buying Ethereum, simply click on Ethereum and fill in the amount of money you are willing to spend or the number of coins you want to buy at the bottom how to buy ftm of the page. Once your purchase details are verified, click on the buy / sell button, which happens to be on the top menu. In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into Fantom (FTM) – you have the make an account on Coinbase. It has a completely different network and structure than the regular Bitcoin.
The wallet will then show you the total amount you will be using during your transaction, from the amount being sent to the network gas fees you need to pay. You will then need to click on ‘Confirm’ to complete the transaction. With the FTM you have bought and deposited to your account, you can choose to send some of it to a friend or two.
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Note that it is only possible to add FTM to locked delegations with more than 14 days remaining of their lock period. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for Fantom by using a cryptocurrency platform like Binance. Right now you can buy Fantom https://www.tokenexus.com/ (FTM) at a good number of cryptocurrency exchanges. Find a crypto exchange which allow pairing FTM with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency. Just head to any exchanges listed above, find trading pair BTC/FTM and begin the transactions.
