Fantom is a smart contract platform that uses its own proprietary consensus algorithm to provide decentralized financial (DeFi) services to developers.
Fantom was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, Michael Kong is the platform’s CEO.
Fantom intends to overcome challenges often experienced by smart-contract platforms by using its in-house coin FTM. One of Fantom's (FTM) primary features is its high performance and efficient transaction resolution. Fantom is able to handle thousands of transactions per second, settle transactions in 1-2 seconds, and charge fractions of a penny per transaction. As a result, Fantom offers more scalability at a reduced cost.
FTM has a total supply of 3.175 billion tokens, of which 2,134,638,448 are currently in circulation. The remainder will be released according to a schedule running through 2023.
To learn more, check out the Fantom’s Whitepaper: https://fantom.foundation/research/wp_fantom_v1.6.pdf
Eager to buy Fantom (FTM) but not sure how? No worries! Bitbuy is the simplest and most secure platform to buy Fantom (FTM). Bitbuy always ensures the lowest associated fees and highest security when buying, selling or trading cryptocurrency.
Investors can easily invest in Fantom (FTM) by creating an account with Bitbuy, adding funds to their account directly through E-transfer or bank wire and buying the Fantom token directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is here. Our customer success will ensure your investment journey is smooth throughout.
Buying Fantom (FTM) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
If at any point you need help signing up, verifying your account, adding funds, or buying and selling FTM, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy Fantom (FTM) in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy Fantom (FTM).
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy Fantom (FTM) with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy FTM in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your FTM? Bitbuy is the perfect place to start. Bitbuy has a built in wallet in each user’s account that you can use to store your FTM safe and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search FTM to begin the sale.
Enter the amount of FTM that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate FTM and click on the 'Sell' button.
Enter the amount of FTM you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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Quickly find the answers you need in our support centre, or contact a member of our team 24/7/365, and we'll be happy to assist you.
Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.