Fantom $FTM coin is a cryptocurrency that was created in 2018. The team behind Fantom $FTM coin believes that it can solve the issues of speed and scalability that plague other cryptocurrencies, such as Bitcoin. The native currency of the Fantom network is called LETS ( Lime Ecosystem Token). LETS are used to gas transactions on the network and are also spent when creating dApps on the Fantom network. The supply of LETS will be reduced over time through a process called ‘ halving’. Halving will happen approximately every 4 years and will reduce the total supply of LETS by 50%. The team behind Fantom $FTM coin is led by Michael Kong, who is the CEO. Fantom $FTM coin can be bought and sold on a number of cryptocurrency exchanges, such as Binance and Kucoin.
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How to buy Fantom coin?
To buy $FTM coins, first you need to have Bitcoin (BTC) or Ethereum (ETH). You can then use these to purchase $FTM coins on the above exchanges. For example, if you wanted to buy $FTM on Binance, you would first need to purchase BTC or ETH on another exchange such as Coinbase and then send this to your Binance account. Then, you would select “BTC” or “ETH” markets and search for the $FTM/BTC or $FTM/ETH pair. Once you find this, you can click on “Buy $FTM” and enter the amount of $FTM you want to purchase.
How to stake Fantom coin?
There are a few ways to stake Fantom coin. You can use a Fantom wallet, or you can use the StakePool. To stake with a Fantom wallet, you’ll need to download the software and create a wallet. Once you have your wallet set up, you’ll need to find your address and password. You can then enter this information into the StakePool website to start staking. To stake with the StakePool, you’ll first need to create an account on the website. Once you have an account, you can deposit your Fantom coins into the pool. The coins will then start staking automatically. You don’t need to do anything else!