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What is Fantom?

Fantom (FTM) tokens were created to improve the efficiency of transactions and create a compatible ecosystem focusing on low cost real-time transactions.

  • The platform intends to be open-source with application support tools that can be used to create decentralised applications (DApps).
  • The platform hopes to distinguish itself from the traditional block ledger-based storage infrastructure by utilising DAG-based protocols.
  • FANTOM intends to use the OPERA Chain to solve the scalability issues of existing blockchains through the rapid processing of blocks on a large scale.

The mission of FANTOM is to strengthen the existing elements of blockchain technology and improve the aspects that could be more efficient. Through a focus on scalability and real-time transactions at low costs, FTM hopes to play a major role in various industries, such as telecommunications, finance, logistics, electric vehicles and more.

How do I swap Fantom?

Enter amount to swap
Select the quantity of Fantom you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Fantom

Why Should I Trade FTM with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Fantom no matter what your trading experience is. Unlike other international and Australian Fantom exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Fantom with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Fantom how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Fantom?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Fantom for free.

Cold Storage

If you are holding Fantom as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Fantom. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Fantom. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Fantom has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Fantom is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Fantom exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Fantom & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Fantom safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Fantom portfolio here.
Yes! With CoinSpot you can convert your Fantom to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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