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What is FTM?

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.

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. The DAG has a tree structure, allowing it to process many more transactions simultaneously, thus solving the scalability problem.

Opera, on the other hand, is Fantom's Mainnet. 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. FTM is the native token for the Fantom blockchain ecosystem that enables transactions on its ecosystem.

Why buy FTM with OKX?

What can I do after I buy FTM?

OKX is one of the largest crypto exchanges, with numerous tradable assets in the spot and futures market. The following are what you can do with your purchased FTM tokens.

HODL FTM

For a long-term investor, the best option would be to HODL your FTM. This involves storing the FTM in your wallet and waiting for it to appreciate in the long term.

However, the downside to this strategy is that bear runs may significantly erode your portfolio. But on the upside, you can stake or farm your FTM on OKX to earn passive income, which may offset any short-term losses from bear runs.

Trade FTM on OKX

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. Select "Convert" under the "Trade" tab to do this. This allows you to convert your FTM to any cryptocurrency.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Fantom Token (FTM)

Buy FTM with a bank card

You can buy FTM directly with MasterCard or VISA credit/debit card on OKX. You can also buy a stablecoin, like USDT or USDC, with your card and then exchange it for FTM in the spot market.

Buy FTM with bank transfer

Bank transfers are a quick and efficient way to buy FTM. Input the amount of fiat you intend to spend, select the crypto you want to buy, and then pay with "Bank Transfer."

Start trading FTM

After you buy FTM, you can trade it in the spot or futures market. OKX is one of the most liquid crypto exchanges with industry-leading transaction times.

Purchase USDT instantly from our peer-to-peer (P2P) Market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for FTM.

FAQs

Can I buy FTM with my credit card on OKX?
Yes, you can buy FTM with your debit or credit card. OKX supports MasterCard and VISA credit and debit cards.
Can I buy FTM in the OKX P2P market?
Yes, you can buy FTM at the OKX P2P market. Ideally, if anyone sells FTM in the marketplace, you will see their rates and preferred payment option. However, if there's no one selling FTM, you can buy USDT or USDC and then convert to FTM.
Is there KYC on OKX?
Yes. You must complete the KYC verification before buying crypto on OKX. But on the upside, the verification is simple and can be done in a few minutes.
Can I get an FTM Loan on OKX?
Yes, you can use FTM as collateral to get a loan on OKX Loan. There are 20 loanable assets on OKX with which you can borrow low-interest rate loans.
Can I earn passive income on OKX?
With OKX, you can earn passive income on your crypto through various products including staking, Dual Investment, Flash Deals, DeFi, and OKX Jumpstart.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.