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How to buy Fantom(FTM) on OKX

Updated on: 2024-09-19 17:06:13(UTC+0)
In this tutorial we will talk about:
1
How to buy Fantom(FTM)
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How to redeem USDT with a credit card and then exchange it into Fantom(FTM)
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How to purchase USDT with a savings card and exchange it for Fantom(FTM)
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Use the quick way to purchase USDT and exchange it for Fantom(FTM)
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What can you do with Fantom
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Market stats to help you decide if it is a good time to buy Fantom
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How to Safely Store Your Fantom

How to buy Fantom(FTM)

How to buy cryptocurrency on an exchange

Investing in Fantom(FTM)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on OKX (click the link to register)

You can register by email or phone number, then set a password and complete the verification to pass the registration.


Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

How to redeem USDT with a credit card and then exchange it into Fantom(FTM)

Step1:Click to buy crypto, first select your country, then click Card

Step2:Select my profile in the upper right corner

Step3:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc.

Step 4: Click P2P Transaction again, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 5: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Fantom (FTM), and purchase it. Token.


How to purchase USDT with a savings card and exchange it for Fantom(FTM)

Step1:CardClick to buy Crypto and select a card

Step2:Select my profile in the upper right corner

Step3:Select Add Payment Method in the lower right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc..

Step4:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 5: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Fantom (FTM), and purchase it. Token.

Use the quick way to purchase USDT and exchange it for Fantom(FTM)

Step1.Click to buy Crypto and select a card

Step2.Enter the amount of Fantom(FTM)you want

Step3.Click p2p to purchase

Step 4: Click Transaction, search for Fantom(FTM), and purchase its tokens.





About OKX

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OKX

What Is OKX?

OKX is a global company offering exchange and Web3 services with offices in Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas. OKX exchange services are offered by its Seychelles-incorporated and Bahamas-registered entities. OKX offers Web3 services in the United States and has an office in Silicon Valley, but it does not offer exchange services in the United States. The exchange offers basic trading including spot and simple options, and derivatives including margin, futures, perpetual swaps and options. Other products include: trading bots, block trading, OKX Earn (savings, stablecoins, DeFi, staking, ETH 2.0 and more), crypto loans and Jumpstart, the exchange’s launchpad.

OKX wallet claims to be the “portal to Web3,” offering a crypto hot wallet, decentralized exchange (DEX), a NFT marketplace and decentralized applications (DApps). The wallet supports over 30 networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom and more.

OKX also has its own native blockchain — X Layer and native token — OKB, which allows builders and projects to deploy DApps and developers to use infrastructure like OKX Oracle and more.

In January 2022, OKEx was rebranded as OKX, with a new branding and roadmap.

Who Are the OKX Founders?

OKX (formerly OKEx) is owned by OK Group.

The company was founded by Mingxing "Star" Xu back in 2013 in China. Xu is a Chinese entrepreneur. He holds a Bachelor's degree in Applied Physics from the University of Science and Technology Beijing. Star Xu is CEO of OK Group.

The present CEO of OKX is Star Xu.

When Did OKX Launch?

The exchange, formerly known as OKEX, was launched in 2017.

OKX Restricted Countries

The project is supported in over 200 countries. However, residents of the United States don’t have access to the platform's services.

What Coins Are Supported on OKX?

The exchange lists over 350 cryptocurrencies and supports more than 500 trading pairs. The platform lists major tokens including BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, and DOT.

How Much Are OKX Fees?

The fee structure is based on market taker and maker model. Trading fees on the platform start at 0.10% and decrease as trading volume increases. For regular users, fees depend on the number of OKB (native currency) in the OKX ecosystem, while for advanced users, fees are based on their 30-day trading volumes.

Is It Possible To Use Leverage or Margin Trading on OKX?

OKX offers margin trading with leverage up to 10X. For derivatives, OKX also offers futures trading and perpetual swaps with up to 125X leverage. Traders can also leverage through crypto options, including BTC, ETH and more.

How to buy Fantom in other countries?

Anywhere OKX exchange is available, you may easily purchase Fantom (FTM) with the lowest costs and maximum security. To begin purchasing Fantom in the country of your choice, enter your country's name in the search box below:

What can you do with Fantom

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Store/Hold Fantom
Many users hold on to their Fantom with the expectation of it increasing in value. You can store your FTM safely on your OKX account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade Fantom
You can trade Fantom for 150+ cryptocurrencies on OKX exchange's industry-leading, fast, and secure trading platform. OKX offers many trading pairs for Fantom trading to meet your needs.
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Send Fantom
Yes, OKX allows you to easily transfer value around the world, fast. You can buy Fantom online and send to anyone and anywhere with their Fantom address.
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Spend Fantom
You can also buy goods and services with your Fantom. More and more vendors and retailers accept Fantom every day.
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Donate Fantom
OKX accepts Fantom donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate Fantom to ensure that no one misses out on the growth brought by blockchain.
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Learn More About Fantom
You can read more in-depth articles on Fantom from OKX Research and study how cryptocurrencies like Fantom work on OKX Academy.

Market stats to help you decide if it is a good time to buy Fantom

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from OKX Academy articles in a quick manner. Find out now why people purchase Fantom!

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.vFantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process 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 on the basis of 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.”One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.The ecosystem is based on two main technologies: Lachesis protocol and Opera.The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

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How to Safely Store Your Fantom?

The OKX wallet offers the most reliable and industry-leading security for risk management, where Fantom can be safely kept. To begin holding a Fantom wallet, register on OKX exchange.

FAQ

Q
How do I purchase Fantom?
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Nowadays, you can purchase & store Fantom hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy Fantom. You can easily do it on your computer, tablet or iOS or Andriod phone.
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Can I buy $1 worth of Fantom?
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Typically, you can purchase $1 worth of Fantom, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
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Where can I still buy Fantom?
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You can still buy Fantom on various cryptocurrency exchanges. Some popular exchanges where you may find Fantom include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of Fantom on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
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Where is the best place to buy Fantom?
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The best place to buy Fantom depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying Fantom include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
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Can I view the Fantom chart now?
A
Of course, CoinMapAi not only provides information on how to buy Fantom, but also supports viewing Fantom chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using OKX exchange to purchase Fantom online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, OKX exchange does not take responsibility for any outcomes that may emerge from your purchase of Fantom. Nevertheless, we do offer simple and convenient ways for you to buy Fantom quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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