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How to buy Fantom(FTM) on Gate.io

Updated on: 2024-09-19 16:31:24(UTC+0)
In this tutorial we will talk about:
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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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Use the quick way to purchase USDT 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.

Step1:Register on Gate (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.


Step2: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 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.

Step3:Click Continue, select the corresponding payment method and select the appropriate merchant to complete the transaction

Step4: 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 Buy Coin, click Bank Transfer, and then select your country and currency.

Step2:Select the payment method in the lower left corner, select the appropriate channel, and then click Continue to continue purchasing.

Step3:Then enter the amount you want to purchase, select the payment method you want, and make the purchase.

Step4: 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 coins and select P2P


Step2:Choose a suitable merchant


Step3: Click Transaction, search for Fantom(FTM), and purchase its tokens.



About Gate.io

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Gate.io

What Is Gate.io?

Gate.io is a centralized cryptocurrency exchange where users can find a large number of crypto coins and tokens to trade. The platform supports over 1400 cryptocurrencies with over 2500 trading pairs. The project occupies one of the leading positions in terms of trading volume (more than 12 billion dollars in trading volume daily) and supports spot and margin trading. It also expanded services to other markets, including options, futures, and derivatives for investors.

Launched in 2013, the platform claims to be “steady and reliable,” offering a user-friendly platform with 24/7 customer support and a robust mobile app. However, the exchange is not highly regulated, and does not offer the option to withdraw fiat. In order to withdraw funds from accounts or deposit cryptocurrencies, users go through a mandatory KYC or “Know Your Customer” process.

Who Are the Gate.io Founders?

In 2013, the exchange was established in China by founder and current CEO Lin Han. He wanted to create a secure trading platform for everyone who believes in Bitcoin. Lin Han holds a Bachelor of Engineering degree in Computer Software Engineering and a Master’s degree in Mathematics and Computer Science.

When Did Gate.io Launch?

It was launched in 2013 under the name Bter or Bter.com, then in the fall of 2017 the exchange was taken over by Gate Technology Inc. and has been renamed.

Where Is Gate.io Located?

Gate.io is the earliest crypto-to-crypto exchange from China. The company is located in the Cayman Islands.

Gate.io Restricted Countries

The platform is available to all countries except Cuba, Sudan, Syria, Iran, North Korea, Venezuela, Pakistan, and Crimea. Some services are not available to residents of the US (in Washington, New York) and Canada.

What Coins Are Supported on Gate.io?

Almost all the leading coins of the industry are listed on the platform, among them the top 20 cryptocurrencies by market cap.

How Much Are Gate.io Fees?

Commissions on the platform are quite competitive — while trading on the exchange, users do not have to pay deposit fees, while fees for withdrawal vary depending on the cryptocurrency.

Spot and futures trading fees are based on a tiered VIP level — depending on the user’s 30-day trading volume — and range from VIP 0 to VIP 16. Rates are based on a maker-taker model.

Is It Possible To Use Leverage or Margin Trading on Gate.io?

Gate.io offers to its clients margin trading with 10X leverage. The volume of the margin loan is determined by the leverage ratio: the exchange provides leverage ratios from 3X to 10X, which varies from market to market.

How to buy Fantom in other countries?

Anywhere Gate.io 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 Gate.io 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 Gate.io exchange's industry-leading, fast, and secure trading platform. Gate.io offers many trading pairs for Fantom trading to meet your needs.
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Send Fantom
Yes, Gate.io 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
Gate.io 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 Gate.io Research and study how cryptocurrencies like Fantom work on Gate.io 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 Gate.io 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 Gate.io 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 Gate.io exchange.

FAQ

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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?
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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 Gate.io exchange to purchase Fantom online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, Gate.io 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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