Where to buy Fantom (FTM) coin: it is rallying after listing on eToro today

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Written on Mar 16, 2022

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Fantom (FTM) is currently trading at about $1.18.
It is up 12.54% in the last 24 hours.
Here is a quick guide on where to buy the FTM coin.

A lot has been happening within the Fantom ecosystem with the most recent events being today’s listing of Fantom (FTM) coin on eToro and the recent enabling of Fantom deposits and withdrawals on Crypto.com.

All these including the rising trading volume within the Fantom NFT marketplace are positively impacting the value of the FTM coin that has started bouncing back since March 14 after a very sharp drop that took place after January 16, 2022.

To help investors and traders who want to buy and hold the Fantom (FTM) coin, Invezz has created a brief article to help with identifying the best places to buy it.

To find out more, please continue reading.

Where to buy Fantom (FTM)

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Register with eToro instantly eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Register with Plus500 instantly This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

What is Fantom (FTM)?

Fantom (FTM) is the native token of the Fantom platform.

In a nutshell, the Fantom platform is a directed acyclic graph (DAG) smart contract platform that provides decentralized finance (DeFi) app developers with a place to create and deploy their apps using the platform’s bespoke consensus mechanism. It has also launched an NFT marketplace to allow its users to mint, drop, and trade NFTs.

The main aim of the Fantom platform is to address challenges like transaction speeds associated with smart contract transactions.

Should I buy the FTM coin today?

If you want to invest in a cryptocurrency that is on the rise, then FTM could be a great choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

Fantom price prediction

Though it is difficult to predict the crypto prices due to their market volatility, if Fantom’s price continues with its current bullish trajectory buoyed by the developments within the Fantom ecosystem, its price is expected to get back above $2 by the end of the first quarter of 2022.