Before we look at how to buy FTM in a straightforward way, let's look at the history of the token and the Fantom project.

Founded in 2018, Fantom is a layer 1 project that uses a single consensus layer to support the creation of multiple chains.

Fantom uses a novel consensus mechanism developed by the Fantom Foundation called the "Lachesis Protocol". Lachesis can provide security to multiple layers, the first one being Fantom's Ethereum Virtual Machine (EVM)-compatible smart contract chain called Opera.

Its unique consensus Lachesis allows it to be plugged into any distributed ledger. This also enables Fantom to deliver fast transaction speeds, low transaction costs, and deterministic finality while remaining permissionless, decentralized, and open-source.

## The FTM Token

FTM is the native token of the Proof-of-Stake (PoS) network, which is used to maintain on-chain governance and pay block rewards to validators and delegators who stake FTM. You can also utilize FTM for sending and receiving payments, paying network fees, smart contract deployment fees, and transaction fees. Additionally, the token can be used as collateral on the network's DeFi ecosystem.

FTM tokens can be stored safely in the platform's official wallet, fWallet, enabling staking, sending, receiving, and accessing the DeFi ecosystem.

As of writing, FTM is trading at $0.4357. Its all-time high (ATH) was hit a year ago, according to [CoinGecko](https://www.coingecko.com/en/coins/fantom).

Late in November 2022, Fantom Foundation's "Architect," Andre Cronje, [released](https://andrecronje.medium.com/fantom-an-inside-financial-peak-at-being-a-crypto-company-323d29fb5e81) the firm's financial records. They reveal that it had $340 million worth of digital assets and had been earning more than $10 million annually.

"Over 450,000,000 FTM, > $100,000,000 in stables, > $100,000,000 in crypto assets, $50,000,000 in non-crypto assets", he noted.

## How to buy FTM with a CEX

If you are interested in this project, the easiest way to buy FTM is from a centralized cryptocurrency exchange. As a prominent high-performance, scalable, EVM-compatible, and secure smart-contract platform, FTM is available on several major exchanges such as Binance, Crypto.com, KuCoin, OKX, Bybit, Bitfinex, Huobi, Gate.io, Kraken, Bitstamp, and Gemini.

## Create an Account

Once you decide which crypto exchange you want to use, based on factors like low fees, ease of use, crypto selection, and customer support, register on the platform.

To create an account on an exchange, your email address and identity will need to be verified. For this, you must provide personal information such as full name, residential address, date of birth, photo ID, and identification documents. Make sure you activate 2FA once your identity verification is complete.

## Make a Deposit

Once verified, you can deposit funds to your account using the payment method that best suits you. Debit cards, credit cards, PayPal, wire transfers, and online banking payments are widely accepted at many exchanges.

To fund your account, tap "Deposit Funds", enter your desired amount, and click "Deposit".

## Buy FTM

On the exchange, search for FTM, enter the amount you want to purchase, and click on the buy button. You'll find the tokens in your exchange wallet right after that. You can now withdraw your FTM tokens to your personal wallet.

## How to buy FTM with a DEX

If you don't want to go through KYC or want to use a decentralized exchange (DEX), FTM is also available on DEXs like Uniswap, Babyswap, Sushiswap, and Apeswap.

## Download a Wallet

For this, you must first get a wallet like MetaMask, Coinbase Wallet, or Trust Wallet, which supports several assets and blockchains.
Next, you must set it up by choosing a username and password. 

However, remember to save the recovery phrase of 12 random words you will get while creating a new self-custody wallet. This is the key to your crypto, as anyone with your recovery phrase has access to your crypto. Keep it safe and protected, and do not share it with anyone.

Once done, fund it with crypto, which you can buy directly within the wallet or transfer from an exchange or another wallet.

## Swap tokens to get FTM

Now go to the DEX of your choice and click "Connect to a Wallet". There, select the wallet you want to connect to. Once connected, use the swap feature, which is generally available on the main page.

Once there, click on the crypto asset icon you have and want to swap from, such as [USDT](/coins/usdt) or [ETH](/coins/eth), enter the number of tokens you wish to swap, and select the token you want to swap for, which is FTM in this case. Finally, click on the swap button.

You'll be asked to approve the transaction. Remember to leave enough tokens to cover transaction fees. Once you have confirmed the transaction in your wallet, you'll have FTM tokens in your wallet.

After you have bought your crypto, you can either hold it in your exchange account or software wallet or store it in your personal hardware crypto wallet. It is recommended to move your funds to a wallet that you control. Only keep funds on an exchange that you can afford to lose.

When you are ready to trade or sell your cryptocurrency, you can send it to the exchange from your wallet. This is much safer than leaving it on the exchange, giving you more control over your funds.


green image of fantom logo and ghosts having a party

How to Buy FTM Easily

The live update of Fantom (FTM) price currently sits at $0.23, which is close to its lowest value after taking off in early 2021. However, things seem to be taking off for the coin, as Fantom’s price has been on the rise for the past month. FTM price has gained 23.09% in the last month, but is down today by around 2.5%.

Fantom’s all-time high price was $3.48, a long way off its current price. Its total [market cap](/news/article/what-is-market-cap-cryptocurrency) at the moment is $696 million.

## What is Fantom?

Fantom, as a project, is a decentralized [blockchain network](/news/article/what-is-blockchain) that offers open-source usability to its users. The network aims to stand out from the pack by offering a large set of features at an unparalleled price point.

The main idea behind Fantom relies on three important factors: Speed, Scalability, and Security. Moreover, it provides all that at costs that are much lower than its competition.

Typically, a blockchain network has to compromise
 on one of the three factors that we’ve discussed above. It’s quite difficult to have rapid transaction speeds, a secure network, and decentralized scalability all at once. However, Fantom makes it work with the help of its Asynchronous Byzantine Fault Tolerant (aBFT) system, maximizing seamless efficiency for all Dapps and clients on its network.

## FTM price prediction for 2030

Fantom (FTM) price prediction for 2030 should be taken as just an estimate as to what the cryptocurrency’s price will be in a few years. It’s evident from the market’s precedent that there’s nothing guaranteed when it comes to crypto.

However, data can still be used to estimate a "ballpark" FTM price figure for the future. According to various sources, FTM's price could range from $5 to $30. If that's true, current holders could see an easy 10-100x return on their initial investment. But it could also go down the drain, as we saw with [LUNA](/news/article/terra-luna-collapse) a few months ago. Make sure you research properly before [spending a single dollar](/articles/learn-moni/cryptocurrency-trading-strategies).

## Where to buy Fantom (FTM) crypto?

There are numerous crypto exchanges where you can go to buy Fantom coins easily. We’ve listed some of the best options out there where you can carry out safe and quick transactions without much hassle.

•	[Kraken](https://www.kraken.com/)

•	[Binance](https://binance.com/)

•	[Crypto.com](http://crypto.com/)

•	[KUCoin)(https://www.kucoin.com/)


green motherboard tech with fantom ftm logo

FTM Price and Predictions

Fantom (FTM) is the native token of the Fantom network, a smart contract blockchain platform that allows DApp development. The network is among a few blockchain networks giving the Ethereum blockchain a run for its money. It is one of the best alternatives to the Ethereum blockchain.

## The FTM token

The Fantom (FTM) token is the native utility token of the Fantom blockchain. It powers the entire Fantom blockchain ecosystem. Holders of the tokens can use them for staking, payments, transaction fees, and governance. 

FTM tokens are available as ERC-20 tokens and BEP-20 tokens, meaning there are versions of the tokens that conform to Ethereum and Binance Smart Chain token standards.

FTM tokens have a total max supply of 3,175,000,000 FTM coins. According to Coinmarketcap, there are currently (24th July 2022) 2,545,006,273 FTM coins in public circulation. 

Coinmarketcap ranks FTM coins as the 56th largest cryptocurrencies in the world with a live market cap of $861,038,478. Each FTM coin is currently worth $0.338325.

## Where to buy FTM tokens

FTM tokens are listed in several crypto exchanges including Binance, Kraken, Gemini, Bitfinex, Binance.US, Crypto.com, FTX, Bybit, KuCoin, OKX, and Gate.io. The coins [can be bought](/trade) directly with fiat currency where they are listed.

## Where to store FTM tokens

You’ll need a compatible crypto wallet before you can buy FTM tokens. The tokens can be stored in various crypto wallets including fWallet, which is Fantoms Official Wallet, MetaMask, Trust Wallet, Math Wallet, and Coinbase Wallet.

Besides hot wallets, FTM tokens can also be stored in cold wallets (hardware wallets). Ledger Nano is the most preferable hardware wallet for FTM token storage.

## FTM coins price predictions

As of the time of writing, Fantom GBP exchange rate is 0.285643 GBP. The price is calculated based on rates on 70 exchanges and is updated live every few seconds.

In the last 24 hours, the FTM GBP price has increased by 8.24%.

Fantom GBP has seen a lot of success in recent months, and its price has increased by over 1000% since December 2020. 

[Several crypto prediction platforms](https://coinpedia.org/price-prediction/fantom-ftm-price-prediction/) see FTM coins as good long-term investment. WalletInvestor and Gov.Capital also see a promising future for FTM coins. 

According to WalletInvestor, FTM coins may trade at $4.486 by the end of 2025. Gov.Capital predicts that the coins may reach a maximum value of $3.602 by the end of 2023 and $9.048 by the end of 2025.

Digitalcoinprice and Coinpedia aren’t as optimistic as WalletInvestor and Gov.Capital but they still predict price appreciation for FTM coins. According to Coinpedia, FTM coins may start trading above $1 by 2024. Digitalcoinprice predicts the coins may still be trading under $1 by 2025 but at $0.75 per coin.

FTM coins may not be get-rich-quick crypto coins but many investors agree they are a great option for long-term investment. Considering what the Fantom network has to offer and is working on, the coins can get the push they deserve to earn well in the future.
Note that this is not financial advice but the opinions of the author. Before investing in any cryptocurrency, always take the time to do your research.


Fantom Coin (FTM): Everything You Should Know

It is time to take a serious look at Fantom crypto.

Since the inception of blockchain technology, we have seen many players come and go. We have also seen some new platforms come and make a name for themselves as the go-to blockchain service for many businesses, developers, organisations, governments, users, and, ultimately, projects alike.

These were platforms that started small and then blew up because the market loved what they had to offer.

Naturally, the uses and applications of a blockchain can either be limited or innumerable. However, as we all know, it is a numbers game, and Fantom has proven to us why its deserves its seat at the table.

Casually, anyone can mention that the most popular blockchains right now are [Ethereum](/coins/eth), Solana, and Polygon - assuming this was early 2021.

That changed later in '21 when the crypto market gave rise to the price of the Fantom token, aka FTM, sending it to as high as almost $2!

One may say $2 per token is such a small amount, but, in reality, it says that this asset has every right to say "to the moon". This is especially so since its three billion tokens in circulation are just about six times more than the 510 million Solana tokens in circulation.

If you draw a table and compare both blockchains and their tokens, you may find very little to disqualify Fantom.

The question now becomes: What is Fantom and why is their token so valuable at such an early stage?

FTM is valuable because Fantom is a web3 playground. Anyone who understands web3 knows that it is an entire ecosystem of decentralized exchanges, Defi, NFTs, the metaverse, cross-chain bridges, tools, lending and financing, and, most importantly, wallets. The fascinating thing here is that Fantom is supported on popular platforms you may know.

## Let’s take a look at a few of them:

•	DEXs: [Sushiswap](https://app.sushi.com/swap), CurveFi
•	Bridges: Everbridge, Multichain
•	Lending & financing: Alpaca finance, Tarot
•	NFTs: Paintswap, NFTKEY
•	Tools: 0x, Nansen
•	Wallets: Metamask, Coinbase

Consequently, the reward for involvement and participation in the web3 space is massive adoption. Building for web3, building inclusive products, and building an inclusive ecosystem are something the most successful blockchains right now all have in common. They understand that the needs of the people come first, and the only way to gain relevance that lasts is to build infrastructure that allows others to function efficiently and scale.

This is what makes FTM such a sought-after token by crypto HODLers and traders worldwide. Not just because its blockchain makes transactions super fast, but mostly because it makes DeFi seamlessly easy to use. This is due to their highly efficient smart contracts that have been integrated with platforms like Chainlink, Band Protocol, and Covalent, to mention a few.

What makes Fantom such a typical web3 playground is in its nature; the very features, integrations, and use cases that are visible with robust players like Ethereum and Solana, are also clearly identifiable in Fantom.

It is little wonder that the FTM coin has seen massive adoption in recent months, with many speculating that it may reach and probably surpass the $4 mark by the end of 2022.
 



Fantom Crypto is Becoming a Web3 Playground

Fantom (FTM) crypto is an open source, layer-1, Proof of Stake (PoS) blockchain that can execute smart contracts. Fantom’s PoS consensus mechanism, Lachesis, permits transactions to be speedy, secure and scalable. The crypto asset had a successful year, to say the least. At this time last year, Fantom was trading at just over $0.02 and is currently trading at $2.75.

Fantom provides exceptional security and is highly scalable. With a market cap of just under $7 billion, you may think I am crazy to say (well, write) that FTM is still undervalued. The thing is, I believe the whole Fantom decentralised app (dApp) ecosystem is undervalued. 

## DeFi on Fantom should fare well in 2022

On 30 August 2021, the Fantom Foundation announced a 370 million FTM incentive program for protocol builders on Fantom. If you sustain and increase your total value locked (TVL) on Fantom, they will reward you. It is no wonder that there are currently 110 projects building on Fantom, with a TVL of almost $5.7 billion. 

Yet, if we compare Fantom DeFi apps to their Ethereum, [Binance](https://www.binance.com/en) Smart Chain (BSC) and Avalanche counterparts in terms of market cap/TVL, you will see that they are trading at a relative discount (TVL). 

Source: [Twitter](https://twitter.com/JackNiewold)

If we take [Ethereum](/news/category/ethereum-news-today) for example, Spookyswap, Hector Dao, Geist and Spiritswap are direct copies of their Ethereum counterparts, yet are undervalued. 

Source: [Twitter](https://twitter.com/JackNiewold)

We are looking at an average undervaluation of 20%, with Spookyswap being the most undervalued dApp. The 370 million war chest is worth roughly $1 billion in today’s market and should play a humongous role in correcting the ecosystem’s undervaluation. Fantom could quite easily scale to a $30 billion market cap in 2022.   
Go find the next [Fantom DeFi gem](https://defillama.com/chain/Fantom) today!



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