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What is Fasttoken?

Fasttoken (FTN) is the native currency of the Fastex end-to-end Web3 ecosystem as well as the Bahamut blockchain solution. FTN is used as a utility token for various Web3 platforms with the goal of enabling easy access to all of their products.

  • Bahamut employs a novel consensus algorithm known as Proof of Stake and Activity (PoSA). This allows for block creation and validation mechanisms as well as cross-chain operations.
  • The Fastex ecosystem offers token trading, NFTs, a payment solution, a dedicated metaverse platform and a Web3 gaming hub.
  • FTN is the native token of the Bahamut blockchain and the Fastex ecosystem. FTN serves as the gas unit and enables staking and block creation.

Fasttoken aims to provide a number of vital products and services utilising both the Bahamut and Fastex ecosystems. The Fasttoken team plans to continue expanding its scope and encompass all things Web3.

How do I swap Fasttoken?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Fasttoken

Why Should I Trade FTN 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 Fasttoken no matter what your trading experience is. Unlike other international and Australian Fasttoken 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 Fasttoken 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 Fasttoken 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 Fasttoken?

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 Fasttoken for free.

Cold Storage

If you are holding Fasttoken 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 Fasttoken. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Fasttoken. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Fasttoken has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Fasttoken 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 Fasttoken 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 Fasttoken & 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 Fasttoken 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 Fasttoken portfolio here.
Yes! With CoinSpot you can convert your Fasttoken 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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