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Fantom (FTM) Coin – What You Don’t Know About Fantom Coin

2 Mins read

Welcome to Bulliscoming Crypto and Finance Media, Fantom Coin has been gaining a lot of traction recently and a lot of people are more interested to invest their life savings in Fantom.

While some investors don’t know what fantom is, their objective or goals of the project meanwhile a lot of people don’t know where to buy fantom

However, this article entails information about the fantom project, where to buy it and the price of the coin

What Is Fantom(FTM) Coin?

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Fantom intends to solve problems correlated with smart-contract protocols, precisely transaction speed, which developers say they have reduced to under two seconds.

The Fantom Organization, which oversees the Fantom product donation, was initially established in 2018, with the launch of OPERA, Fantom’s mainnet which happens to be in December 2019.

Fantom is an open-source decentralized smart contract protocol for DApps and digital assets that were built as an alternative to Ethereum, Fantom has the objective of overcoming the restrictions of previous generation blockchains and balancing three components: scalability, security, and decentralization.

The project offers a set of tools to facilitate the procedure of integrating existing DApps, as well as a detailed staking reward system and built-in Defi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate Defi and related services based on smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom’s EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

Fantom(FTM) Coin Price

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As of the time of writing this, Fantom(FTM) Coin price was $1.41 and a 24hrs High of $1.45, 24hrs Low of $1.38 with a market cap of $3.5Billions, A 24hrs trading volume of 452million dollars.

Meanwhile, a lot of traders are still printing a lot of money from Fantom(ftm) while investors are always bagging the dip of which they expect nothing less than ×5 – ×10 before 2022 runs out.

Where To Buy Fantom(FTM) Coin?

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Fantom(FTM) token is voluntarily tradeable, and can be found on leading exchanges such as Binance, Kucoin, Gate.io, Huobi, FTX, Gemini, Bybit, Bitfinex, OKEx Korea e.t.c

Fantom(FTM) Comprises various protocols, with ERC-20, BEP2, and Fantom’s OPERA tokens all circulating.

Related: Fantom(FTM) Coin Price Prediction – Is FTM Crypto A Good Investment?

Conclusions

Fantom is so fast in terms of transactions speeds with a low fee compared to Ethereum and this was one of the reasons most investors say it Ethereum killer but actually, can Fantom(FTM) supersede Ethereum?

Meanwhile, the answers are the best know to you but Ethereum was made for rich visitors according to what CZ the CEO of Binance said.

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About author
Justice Osamuyimen is a blockchain technologist, a crypto content creative writer who aspires to write educative/ information content on blockchain technology & cryptocurrency ecosystem. He's also a trader and also an investor in the crypto currency field, he's open for multitasking and love his career growth.
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