What is a phantom? Fantom (FTM) is an altcoin of the Fantom platform, the DAG smart contract platform that operates on its own consensus algorithm. While smart contracts can be activated with FTM Coin, decentralized finance (DeFi) transactions can also be made. It has adopted the pos consensus. It provides income to its users through staking transactions. FTM Coin can be used as a means of payment between corporate companies. It is a project that offers advantages for institutional investors, unlike individual investors.
What is a phantom?
The aim of the project is to launch a tradable intermediary cryptocurrency as well as an ecosystem that ensures compatibility between all corporate companies. Investors with Pos consensus assets in their own phantom network have the advantages of creating stocks and collecting fees, unlike other investors. He also supports other DeFi projects like himself.
According to current data, the price of 1 FTM Coin is 24.68 TL. With the current exchange rate, it is equivalent to 1.67 USD. It has lost 11.02% in value in the last 24 hours. According to the CoinMarketCap ranking, it is in the 40th place in the crypto money markets. Also, the 24-hour trading volume of FTM Coin is TL 19,954,643,135. Its circulating supply is 2.545.006.273 FTM Coins, while the maximum maximum level supply is 3.175.000.000 FTM Coins.
FTM Coin advantages:
- FTM Coin investors who want to get loans on the network can lend to other investors via smart contracts. They can get the repayment of this with interest.
- Investors who make staking transactions have the opportunity to earn additional FTM Coins at the end of a certain maturity.
- FTM Coin investors perform cross-border transfers and exchanges between wallets for low commission fees. Also, this process happens within seconds.
- Only investors, share holders and voters benefit from the advantages of the project.
FTM Coin disadvantages:
Investors who trade do not benefit from high speed at this stage. Depending on the density in the network, the delay times in the purchase and sale confirmations may be longer.
What is Phantom? How to Get FTM Coin?
FTM Coin is listed on large and global exchanges such as Binance, Hotcoin Global, OKX and Bitget. First, enter any exchange platform where the above mentioned FTM Coin is listed. Then enter the free account creation page. After entering the requested information, create your account. Complete the authentication process steps completely.
