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How to obtain FTM coins? Introduction to several methods of obtaining FTM coins
FTM tokens can be acquired through centralized exchanges, staking platforms, liquidity provision, and participation in airdrops and events on the Fantom network.
Oct 25, 2024 at 03:00 pm
Fantom (FTM) is a fast, scalable, and secure blockchain platform that supports decentralized applications (dApps) and smart contracts. FTM is the native token used on the Fantom network and can be used for transaction fees, staking, and governance.
Obtaining FTM coins can be done through several methods, including:
1. Purchase on Centralized Exchangesa. OKXRegister on OKX and complete KYC verification.Transfer funds to your OKX account via fiat currency or cryptocurrency.Navigate to the "Markets" tab and search for "FTM/USDT" or "FTM/USDC" pair.Select "Buy" and enter the amount of FTM you want to purchase. Confirm the transaction.
b. BinanceCreate a Binance account and complete KYC verification.Deposit funds into your Binance account via fiat currency or cryptocurrency.Go to the "Spot" section and search for "FTM/USDT" or "FTM/BUSD" pair.Click "Buy" and input the amount of FTM you wish to buy. Execute the order.
c. Crypto.comSign up for Crypto.com and complete verification.Fund your account using fiat currency or cryptocurrency.Locate the "Buy" tab and search for "FTM."Enter the amount of FTM you want to purchase and complete the checkout process.
2. Earn Through Stakinga. Fantom WalletDownload and install the Fantom Wallet.Create a wallet and transfer FTM coins to it.Stake your FTM coins using the built-in staking feature.Receive rewards for supporting the network and securing transactions.
b. Binance StakingAccess the Binance Staking platform.Select "Binance Earn" and choose "Staking" from the options.Locate "Fantom" and click on "Stake Now."Enter the amount of FTM you want to stake and confirm the duration.Earn rewards while your FTM remains staked.
3. Earn Through Liquidity Providinga. FantomSwapConnect your wallet to FantomSwap.Navigate to the "Earn" tab and select "Liquidity."Choose the desired FTM pair (e.g., FTM/USDC) and create a liquidity pool.Deposit an equal value of FTM and another token to provide liquidity.Earn rewards based on the trading volume of the pool.
b. SpookySwapVisit SpookySwap and connect your wallet.Head to the "Farms" section and browse for "FTM" pools.Stake your FTM or FTM pairs to earn rewards from transaction fees and incentivization programs.
4. Participate in Airdrops and Eventsa. Fantom Foundation AirdropsFollow Fantom on social media and keep an eye out for airdrop announcements.Complete the specified tasks and requirements to qualify for free FTM tokens.
b. Fantom HackathonsParticipate in Fantom-organized hackathons and develop innovative projects on the platform.Submit your project and potentially receive FTM rewards as a prize or grant.
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