What is Fantom FTM Coin?

Brief History

Soon the project started partnering with major Fintech companies. For example, in September 2020, Band oracles got live on Fantom, this project is aimed at connecting real-world information to smart contacts. Later, FTM coin holders got access to booking hotels and tickets on Travala.

FTM Crypto Structure

  • Bottom. It is named OPERA. It develops events and reaches consensus across all nodes via Lachesis. Transactions are confirmed through a direct acyclic graph. As a result, nodes process transactions asynchronously.
  • Medium. This level is called OPERA Ware Layer. It is used for issuing payments, remunerations, and writing Data History.
  • Upper. It provides access to public APIs for applications to use the middle level.

Where FTM Token Is Used?

Fantom token is mainly used to place and reward witness nodes taking part in network verification. Also, you can use it for other purposes, including:

  • To conduct low-cost transactions and pay transaction fees;
  • To connect access to the platform through various Fantom applications and smart contract options.

Fantom Crypto Wallet

You can use this wallet in different ways. Except for keeping your tokens in a safe place, you can stake and receive coins. This wallet is also available for staking and getting rewards for it.

FTM Coin Price Prediction

FTM crypto developers are constantly improving their project. In April 2021, they introduced Go-Opera to the audience. This tool aims to make the network more reliable and increases the P2P synchronization speed.

Conclusion

Many investors and companies believe in the Fantom crypto project. Its main advantages, such as high speed, safety, and scalability, make it more reliable as a long-term investment.

How To Get FTM?

One of the ways to get tokens is to earn staking rewards using the wallet. A user has to transfer his coins to his Opera address, select a validator, and lock up Fantom (FTM) for at least 2 weeks.

Where To Buy Fantom Crypto?

To buy FTM crypto just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount for your exchange. For example, BTC to FTM.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to which the coins will be transferred.
  4. Move your cryptocurrency for the exchange.
  5. Receive your FTM coins.

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