Ankr Staking offers FTM token holders the opportunity to stake FTM and, in return, claim FTM Liquid Staking tokens — ankrFTM. ankrFTM also offers instant liquidity for your staked FTM, enabling you to connect ankrFTM with DeFi platforms and earn several more layers of rewards.
*ankrFTM is a reward-bearing token, meaning that the fair value of 1 ankrFTM token vs. FTM increases over time as staking rewards accumulate inside the token.*
# Benefits
* **- Generate Multiple Layers of Rewards:** Use ankrFTM on DeFi platforms to enable you to multiply your earning potential in APY on top of your staking rewards!
* **- Low Impermanent Loss:** Contributing ankrFTM for liquidity with tokens like FTM means a low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.
* **- Compound Your Staking Rewards:** Your staking rewards will compound daily as the value of ankrFTM in your wallet increases vs. FTM.
* **- Support & Secure FTM:** Staking FTM directly supports the FTM network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the FTM ecosystem to achieve optimal decentralization.
* **- Elastic Supply:** Users can trade their ankrFTM tokens for their staked FTM anytime.
How to Buy ankrFTM on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing ankrFTM. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on theBybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing ankrFTM.
Step 5: Purchase ankrFTM
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of ankrFTM you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy ankrFTM.
Step 6: Store Your ankrFTM
After purchasing, you can choose to store your ankrFTM in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and ankrFTM assets, be sure to use a strong password and enable two-factor authentication.
ankrFTM Price:Ankr Staking offers FTM token holders the opportunity to stake FTM and, in return, claim FTM Liquid Staking tokens — ankrFTM. The price fluctuates daily, You can go to the exchange: Bybit to check the price.
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