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Inventory of FTM currency trading platform

Lisa Kudrow
Lisa KudrowOriginal
2024-09-27 08:27:02911browse

FTM Coin is the native token of the Fantom blockchain and can be used for transaction fees, staking and governance. FTM coins can be purchased through centralized exchanges (such as Binance, Huobi, OKEx, FTX) and decentralized exchanges (such as Uniswap, SushiSwap, PancakeSwap).

Inventory of FTM currency trading platform

What currency is FTM?

Fantom (FTM) is a smart contract blockchain platform based on DAG (Directed Acyclic Graph) technology. FTM coin is the native token of Fantom blockchain and is used to pay transaction fees, mortgage verification transactions and participate in network governance.

Where to buy FTM coins?

FTM coins can be purchased on the following trading platforms:

  • Centralized exchanges: Binance, Huobi, OKEx, FTX
  • DEX Trading platform for currency trading:
Binance

The world’s largest cryptocurrency exchange

High liquidity, low transaction fees

Offers multiple trading pairs including FTM/USDT, FTM/BTC

  • Huobi
  • Another famous crypto Currency Exchange
Wide selection of cryptocurrencies including FTM

Transaction fees slightly higher than Binance

  • FTX
  • Cryptocurrency exchange focusing on derivatives trading
Providing FTM futures and perpetual contracts

Competitive trading fees

  • Uniswap
  • Decentralized exchange
Trading directly on the Ethereum blockchain

Liquidity may be lower than centralized exchanges

  • SushiSwap
  • Another decentralized exchange
Similar to Uniswap, liquidity depends on the trading pair’s acceptance Popularity

FTM/ETH trading pair available

  • Current Price and Indicators
  • Fantom (FTM) is currently trading at $0.70, The 24-hour trading volume was $285 million. The circulating supply is 2803634835.5 FTM and the market cap is $1.977 billion.
Latest Changes

Over the past 24 hours, FTM price has increased by around 9%, climbing from around $0.65 to current levels.

Factors for price movement

FTM price increase may be attributed to the following factors:

Overall optimism about the cryptocurrency market

The development of the Fantom ecosystem, including the growth of DeFi and NFT projects

FTM is used to pay for increased transaction and storage fees on the Fantom blockchain

  • Future Outlook
  • The short-term price trend for FTM is bullish, as both market trends and fundamentals support continued gains. However, due to the high volatility of the cryptocurrency market, price movements can reverse at any time.
What investors should do

Investors should carefully consider their investment objectives and risk tolerance when investing. FTM is a highly volatile asset that may be suitable for active investors, but it may also not be suitable for investors looking for stable returns.

Short Term Forecast

FTM prices are expected to continue rising in the short term, but the upside may be affected by market conditions. Investors should pay close attention to cryptocurrency market trends and developments in the FTM ecosystem to make informed investment decisions. : 1.977 billion US dollars

Circulation volume: 2803634835.5 FTM

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