How to Buy Fantom (FTM)

A Step-by-Step-Guide on how to buy Fantom (FTM)

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Fantom (FTM) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Fantom (FTM)

Once your deposit has been verified, you will now have access to your assets and you can initiate invest and trading. To purchase Fantom (FTM) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to spot Fantom (FTM), you will need to put the cointype (FTM) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “FTM/BTC” to continue.

Binance Hot To Buy Fantom (FTM)
Binance How to Buy (FTM) Fantom
Step 4 – Purchase Fantom (FTM)

As soon as you have found Fantom (FTM), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation Fantom (FTM) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of FTM you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of FTM.

If you're glad, make a mouse click on “Buy FTM”. Your plan will be filled when a Seller sells their FTM for the price you gave.

Step 5 – Withdraw Fantom (FTM)

Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To withdraw your Fantom (FTM), hover over the ”Funds” tab and mouse click on “Withdraw”. Fantom (FTM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Fantom (FTM) by using the given drop-down box. Drop in the volumen of Fantom (FTM) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored Fantom (FTM).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (FTM) Fantom is safe inside your wallet, you are done.

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