How and Where to Buy Fantom Crypto FTM?
Find out where to buy Fantom crypto with the best rates: how to buy FTM coin instantly? What is Fantom crypto used for?
The post How and Where to Buy Fantom Crypto FTM? first appeared on StealthEX.Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Find out where to buy Fantom crypto with the best rates: how to buy FTM coin instantly? What is Fantom crypto used for?
The post How and Where to Buy Fantom Crypto FTM? first appeared on StealthEX.
Fantom is a very popular cryptocurrency and smart contract platform that is the basis of decentralized applications. The Fantom Blockchain is characterized by efficiency and high scalability. The Fantom Token (FTM) rose massively in value in the second half of the year and brought investors high profits. If you want to earn money from Fantom's growth, you should use the MetaMask as a wallet for your Fantom tokens. MetaMask is a very good choice because you can not only hold FTM tokens with this wallet, but also have functions such as token swaps and can even connect to decentralized applications. In this article, we will explain how to add Fantom to MetaMask.
What is MetaMask?The MetaMask is an extremely popular crypto wallet, which is based on Ethereum and also supports other tokens (e.g. tokens according to the ERC-20 standard). It is a software wallet, but it is also used as a mobile app or as an extension for the Google Chrome browser. The special feature of the wallet is that MetaMask can not only function as a regular wallet. It can also communicate with smart contracts of a blockchain and decentralized applications.
MetaMask was developed by ConsenSys in 2016. MetaMask has also been available as a mobile app since autumn 2020. In October 2020, the wallet exceeded the milestone of more than 1 million monthly users for the first time. In August 2021 there were already 10 million active monthly users. MetaMask uses JavaScript as the programming language. The pixelated fox head is the wallet's famous logo.
MetaMask is a hot wallet. Many investors use a hot wallet for the short to medium-term storage of coins. The advantage of hot wallets is the quick availability of cryptocurrencies. In terms of security, the cold wallet is still superior. You can find more information about cold wallets in this article. However, as an individual with medium amounts, you can very well use MetaMask to store cryptocurrencies. You can find an overview of different types of crypto wallets here .
What is Fantom (FTM)?Fantom is a blockchain and smart contract platform that supports decentralized applications. It is a layer-1 blockchain that uses Lachesis as an independent consensus layer. Decentralized applications and digital assets can be built on the blockchain.
The Fantom Foundation has existed since 2018. Fantom's mainnet called Opera went online at the end of 2019. Opera is open source and compatible with the Ethereum Virtual Machine (EVM). The native token FTM ensures the operation of the network and a consistently high speed for transactions. Transaction speeds are under 2 seconds, making Fantom an extremely fast network.
The FT; Token experienced a big jump in price, especially in the second half of 2021. In mid-July, the FTM was still at $0.17. In the coming months, the token rose to an all-time high of $3.30 in mid-January 2022. Since then, like almost all cryptocurrencies, the price has fallen in the first quarter of 2022. Right now, the FTM is $1.27 (as of 03/19/2022).
FTM/USD 1-day chart showing the current price of FTM - TradingView How to add Fantom to Metamask? Easy GuideMetaMask is actually an Ethereum wallet, but can also hold other cryptocurrencies. You can connect MetaMask to other blockchain networks and make the most of its options. Connecting MetaMask to Fantom is relatively easy. We give you a guide here.
Step 1: Add MetaMask as a browser plugin(If you have already set up a MetaMask wallet, go directly to step 3!)
If you haven't set up MetaMask for yourself yet, you can easily set it up as a browser extension. The MetaMask browser plugin was primarily developed for Google Chrome and you can easily integrate it into this browser. However, MetaMask can also be installed on the following browsers:
Download the plugin from the MetaMask website ! Click on " Download " and then select the plugin for Chrome. There are also options for mobile use (iOS, Android).
Step 2: Set up MetaMask as an Ethereum walletThen set up your new wallet. MetaMask is originally an Ethereum wallet. You can find the process of creating MetaMask as an Ethereum wallet in this article .
Follow the instructions in this article if you need help setting up MetaMask. The following steps are very simple. We summarize it in short steps:
If you have finished setting up MetaMask or already own the wallet, you can now connect your MetaMask to the Fantom network. To do this, go to the browser plugin and click on the network selection at the top! Then go to "Add network".
A window will then open in the browser in which you must enter the data from Fantom. This data is provided by Fantom and is as follows:
Enter this data and then click on save!
Now you have connected MetaMask to Fantom and the FTM will appear in your MetaMask main menu.
What functions can I perform with Fantom on the MetaMask?After connecting MetaMask to Fantom, all MetaMask functions are available for the FTM token.
#1 Send FTM to MetaMaskYou can send FTM tokens to the MetaMask wallet. To do this, go to the MetaMask wallet address located at the top of the application and copy it.
Then go to your preferred crypto exchange or another wallet where your FTM tokens are stored and transfer them to the copied address.
#2 Buy FTM on MetaMaskTo buy FTM tokens on MetaMask, click on the " Buy " item in the application!
You can buy FTM tokens with the payment provider Transak. To do this, go to "Continue to transaction" at Transak!
#3 Send FTM from MetaMask to another addressTo do this, go to "Send" and then enter the destination address for the FTM token!
Fantom FTM© Cryptoticker
Andre Cronje and Anton Nell have left the DeFi space. Among other things, Andre Cronje was involved in the Fantom project, which is why the price of FTM fell drastically recently. But how does the chart for the Fantom price look now? Does the price still have a future, or will the price continue to fall since Andre Cronje left the project? In this Fantom price prediction, we'll cover FTM prices from a technical standpoint.
Fantom Price reaches an Important AreaFantom price had already found support at the GoldenPocket of the full bull run in December 2021 and rose sharply from there. In the last few weeks, after the price rose to +/- $3.39, the price fell sharply again, and was able to test the GoldenPocket again this week. As long as the GoldenPocket holds, we do not assume that prices will continue to fall, even if Andre Cronje has left the Fantom project. If the GoldenPocket sustains a break, the Fantom price could drop to $0.18. There is the next major support to watch out for.
Fantom Price Prediction - Will FTM Crash?As the Fantom price fell again to the GoldenPocket and also rose again to $3.39, the price was able to confirm a sideways phase. This sideways phase consists of the $1.27 and $3.39 support. Since rectangles (flats) are considered a continuation pattern, we anticipate the price will see a bullish breakout in the future. However, it may take some time before this happens, which is why we do not give an estimated time yet. The next move for Fantom would be a surge to $3.39.
On the other hand, if prices continue to crash, it might be "bad news" for FTM holders. The next support level for FTM will be under $1, specifically around $0.2-$0.35. That's why it is very important to keep a close eye on the current price level of FTM. The DeFi collapse might not show directly, and prices might be bearish in the medium-term.
Fantom FTM© Cryptoticker
This article is a deep dive into Solidex crypto. If you recently heard about Solidex, Solidly, and its token, this article will introduce what this project is about. No matter what your level of understanding is, we'll break complex things into easy-to-grasp concepts.
There are thousands of projects in the crypto space. Keeping up with most of them can be quite hard. This is especially true as every day, more than 80 crypto projects come to life. On the other hand, some projects can be quite deceiving. That's why investors need to make sure that crypto projects have actual use cases and users can truly benefit from the services offered.
Solidex recently made headlines in the crypto community when its total locked value (TVL) reached around USD 2 Billion within just a few days since the project launched. That's the true power of crypto! Let's break down what Solidex, Solidly and Fantom have all in common.
What is Fantom and FTM?Fantom is a decentralized blockchain that allows developers to build decentralized apps (Dapps) on top of its blockchain. Fantom is very similar to Ethereum, and even fully compatible with its blockchain. On the other hand, it offers additional characteristics that make it a proper competitor to Ethereum and even other smart contract blockchains.
Fantom's "layer 1" is called Lachesis, and handles the hard work on the blockchain, along with verifying the transactions via a proof-of-stake (PoS) consensus. Every time a new project gets deployed on Fantom, a new blockchain gets created as a "layer 2". This ensures that "layer 1" doesn't get overloaded and enhances scalability and speed.
FTM is the native token on the Fantom blockchain. Users can utilize it to pay for fees when deploying Dapps, to stake, and for governance. Now onto the next piece of the pie...Solidly!
What is Solidly DEX?Solidly is a Decentralized Application (Dapp) built on top of the Fantom blockchain. Since Solidly is an exchange, it will naturally be a Decentralized Exchange (DEX) using automatic market-making (AMM). Let's break this down:
The native token is the SOLID token, and users can vest it by creating a lock (1 week, 1 month, 1 year, or 4 years). When doing so, users will receive in turn VeNFTs. The higher the lock duration, the more valuable the VeNFT would be. All the fees from the platform become earnings for VeNFT holders. This is the same concept as having a locked savings account for 5 years that earns an interest in the bank. But imagine you wanted to break this lock, most traditional banks won't allow that to happen. In DeFi, you can simply sell the "ownership" of this account to someone else, represented by selling the associated VeNFT. Thank you DeFi!
Quick recap: Solidly uses the Fantom blockchain and provides liquidity pool services and staking. Its liquid native token is SOLID, and the "not-so" liquid other asset is the VeNFT.
The project started back in January 2022 and aims to provide a platform where users can participate in liquidity pools (LPs). The famous Andre Cronje also is responsible for building Solidly. He is also known to have founded Yearn.Finance and other major DeFi projects. Solidly claim to have very low fees as they operate on the Fantom blockchain, and focus on secondary markets where stablecoins and other volatile cryptos are swapped. Now, what does Solidex have to do with all f this? Well, let's introduce SOLIDEX CRYPTO!
What is Solidex Crypto?Solidex is an optimizer for Solidly. It accumulates SOLID tokens (from Solidly) and provides more liquid alternatives and earns higher yields since you'll be receiving their own protocol token. Now don't giggle, as their own token is called SEX, and their liquid token is called SolidSEX.
85% of the SOLID rewards that Solidex is earning goes to the pools, 10% goes to people who have staked their tokens for SolidSex, and 5% goes to people who have locked their SEX tokens. If you lock SEX tokens, you will receive fees and bribes generated from the platform. Many estimate that this is a significant amount, hence why all the hype around this project.
Quick Recap: Solidex allows users to receive higher SOLID rewards without the need to maintain the total lock duration. The APR yields range from stablecoins to volatile tokens.
How to Use Solidex?Since Solidex is a Dapp, you'd need a wallet that supports it. Those types of wallets will help you send, receive, and store digital assets. Wallets come in many forms. They are either built into your browser, an extension added to your browser, a piece of hardware plugged into your computer or even an app on your phone. Metamask is a well-known wallet that supports Solidex. You can check an extensive guide on how to download it here.
How to Earn on SOLID Tokens?Disclaimer: It is very important to remember that investing (especially in DeFi) carries a lot of risks. Invest only an amount you are willing to lose.
1- Participate in PoolsGo to Solidex Pools, and look for the ones that have high APRs. You can even use the filters on the table to directly spot the highest APR.
2- Convert to SolidSexAnother way to earn is to convert your SOLID tokens into SolidSex. In order to do so, you simply go to the Convert Solid section and enjoy a high APR.
3- Convert to NFTThe last way to earn on your SOLID tokens is to simply convert them to NFTs on Solidly. The APR won't be as high as the previous earning methods, but you won't have to worry about farming.
How to Buy SOLID tokens?There are many ways to get ahold of SOLID tokens. The easiest way to do so is the following:
The Bitcoin Crash has unsettled many investors in the last few days. Can you still trust Bitcoin and other cryptocurrencies as investments? Well, a crash always offers an opportunity to buy cheap and profit big in the next few weeks and months. Let's talk about 3 crypto buys that you could invest in right now, and will recoup your previous losses from the crypto crash.
#1 Terra (LUNA)The Terra network aims to promote the acceptance of cryptocurrencies in the financial world. It introduced Fiat-based stablecoins. The prices of these stablecoins are calculated by decentralized oracles on the chain. LUNA is Terra’s network token. In the last few weeks, the LUNA token has risen to the top 10 cryptocurrencies by market cap.
The rise of Terra began as the classical financial world became more closely intertwined. Furthermore, the growing market of decentralized financial products (DeFi) benefits the value of the LUNA token. The increase in value should continue over the next few weeks. Due to the crypto crash on the market, LUNA is relatively cheap to buy at the moment, and happens to reach a support area.
Fig.1 LUNA/USD chart for the past month - coinmarketcap #2 Avalanche (AVAX)Avalanche was called an "Ethereum killer" in 2021, along with other cryptocurrencies such as Cardano and Solana. This is how smart contract platforms are called, which offer significantly lower transaction fees and other advantages compared to Ethereum (e.g. security). Avalanche can process up to 4,500 transactions per second because, unlike other cryptocurrencies, it uses multiple blockchains.
Especially in the area of ??NFTs and DeFi, the Avalanche network has seen more and more opportunities in recent weeks. The network continues to grow. Indeed, there is a possibility that Avalanche could at some point be on a par with Ethereum. Here, too, you can take advantage of the low prices of cryptocurrencies at the moment due to the recent crypto crash.
Fig.2 AVAX/USD chart for the past month - coinmarketcap #3 Fantom (FTM)Cryptocurrencies that are extremely fast and extremely scalable should determine the future of the market. This includes Fantom, which uses a novel consensus mechanism called Lachesis. As a result, the transaction speed in the Fantom network is very low. The average should be less than a second.
The network's native token is the FTM token. This could be an excellent long-term investment in the next few years. Decentralized applications should queue up in 2022 to use the Fantom Blockchain. Last week the FTM course exploded. Due to the crypto crash, the token is currently cheaper again.
Fig.3 FTM/USD chart for the past month - coinmarketcapYou can purchase the cryptocurrencies mentioned above on the Binance , Coinbase , Kraken and Bitfinex crypto exchanges.
If you don't want to miss any news from the crypto world, then be sure to subscribe to our premium area!
Crypto Trading© Cryptoticker
The post Those 3 Cryptos can RECOUP your Losses after the Bitcoin Crash appeared first on CryptoTicker.
Blockchain technology has provided developers with various options in the creation of decentralized apps through smart contracts. Not only decentralized apps, but technology is now a moving force in the finance sector due to the recent solutions that have been created. The birth of the first digital project, Bitcoin, has opened the door to other projects, which have made their way into the crypto sector. One such project is Fantom crypto, and in this article, we will be looking at the project, its native token, FTM, and its benefits to traders in the crypto sector.
What is Fantom crypto?Fantom has been earmarked as another game-changer in the decentralized finance sector because it is a scalable and secure smart contract platform. According to the specifics, Fantom was built to challenge certain limitations that have previously reduced the performance of blockchain platforms.
Fantom uses Lachesis to carry out its operations. Seen as the game-changer, the Lachesis uses an Asynchronous Byzantine Fault Tolerance (aBFT) consensus, making Fantom transactions cheap and fast compared to old blockchains. The three end product of Fantom is its speed, security and its scalability. Traders who hold the Fantom token can earn massive rewards by staking their tokens on the network.
How does Fantom work?Fantom claims to solve a Blockchain Trilemma, which is the ability to balance decentralization, speed, and security in the Defi sector, a challenging feat to date. To achieve this, Fantom deploys its permissionless protocol, using the aBFT to solve issues arising from decentralization and security before solving speed issues as transactions are carried out asynchronously.
Moreso, Fantom says it offers traders a high level of security and scalability while adding a fast transaction speed to complete the equation. The most surprising aspect is that it claims that all these features are carried out at very low fees, which is hard to come by in the crypto sector.
Benefits of Using Fantom cryptoTransactions carried out on Fantom resolve in a second, with the network charging $0.000001 in costs for the transactions. Also, transactions made on the FTM platform are highly secure thanks to the proof of stake mechanism deployed on the network.
Traders who choose to stake their tokens on the network get a reward with a minimum and maximum annual percentage rate of 3.79% and 11.59%. However, the determinant factor behind the rate of the APR solely depends on how much token a trader chooses to trade and the time that the tokens were on the network.
Notably, traders who decide to stake their Fantom tokens cannot sell, trade, or buy them as they would need to first unstake them. FTM also offers on-chain governance in the sense that token holders and stakers have a say in how the network is run.
They allow to bring new changes, vote on important issues, and have a say in the roadmap of the network. Validators have massive involvement in significant activities on the network like validating transactions, preventing spam, etc., also reward in FTM tokens.
Fantom Price and Future PredictionAccording to its tokenomics, the Fantom token has a total supply of 3.175 billion, with about 2.1 billion of those already in circulation. Fantom costs $1.32, with the token seeing a jump of 6.95% in the last 24 hours. It presently occupies number 48 on coinmarketcap, and its 24-hour trading volume is $416,099,791. Fantom projects to hit close to $10 in the next years because it brings something spectacular to the crypto market.
Fantom Crypto© Cryptoticker
The post What is Fantom Crypto? Should you Buy FTM? appeared first on CryptoTicker.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.