The Fantom crypto platform is a robust environment for developing dApp applications. Its fast and flexible construction is built on the Lachesis consensus mechanism, which makes it easy to integrate existing dApps into the ecosystem. It also offers a variety of tools that make it easy to manage and implement dApp features.
The Fantom coin, FTM, is a central component of the platform. It powers the various operations of the network, such as payments, governance, and staking. There are over 3.175 billion FTM coins in circulation, and the majority of them will be distributed as rewards. It can be used as a mainnet coin or an ERC-20 token. To participate in the staking process on the Fantom network, one must have a minimum stake of 1 FTM. To operate a node on the network, one must have at least 3,125,000 FTM. Fantom price may be affected by different factors in the DeFi industry.
How To Buy Fantom or Add it to your strategy
The fastest, most convenient way to purchase Fantom is to purchase it on ICONOMI. We check Fantom live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Fantom by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Fantom is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Fantom, we recommend you read the next section, as copying might be a better approach.
Add Fantom to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Fantom in their structure.