What is Fantom (FTM)?
Fantom is a proof-of-stake platform for building smart-contracts and decentralized applications (Dapps). It prioritizes transaction speed, settling transactions in under 2 seconds, and is compatible with many popular Ethereum Dapps. You can buy and sell FTM for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade FTM for BTC the same way you trade CAD for USD. You can also trade FTM to CAD based on the FTM price. To learn how to buy Fantom / FTM, scroll down to see how to buy Fantom.
How to buy Fantom (FTM)?
Here's how to buy Fantom on Coinsquare
To buy Fantom, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying FTM. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select FTM from the list on the trade section
Coinsquare lets you trade FTM without leaving the app. You can also check the Fantom price and convert FTM to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the FTM price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Fantom (FTM)
Congratulations! You’re now the proud owner of FTM. You can either HODL or use it to exchange FTM to CAD.
Where do I keep my Fantom (FTM)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Fantom (FTM) to your portfolio?
Create your account, fund it with spare change and get a little bit of FTM.
