Cryptocurrency Q&A
Is FTM built on ETH?
Is FTM built on ETH?
Caterina
Wed May 22 2024
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5 answers
1233
Could you please clarify for me whether FTM is indeed constructed on the ETH blockchain? I'm interested in understanding the technological foundation of FTM and its relationship, if any, with Ethereum. Could you elaborate on the specifics of this relationship, if it exists? Is FTM leveraging the capabilities of the ETH network in some way? Or is it an entirely separate and independent project? I'm keen to know the details behind this question, as it seems to be a crucial aspect in understanding the nature and function of FTM. Thank you for your time and assistance in clarifying this matter for me.
5 answers
AzrilTaufani
Fri May 24 2024
Additionally, FTM is also available as a BEP-2 token within the Binance ecosystem. As a BEP-2 token, FTM enjoys the benefits of the Binance Chain, including high transaction speeds and compatibility with Binance's suite of products and services.
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Federico
Fri May 24 2024
Furthermore, FTM is also represented as an ERC-20 token in the Ethereum ecosystem. This allows FTM to interact with the vast array of Ethereum-based decentralized applications (DApps) and smart contracts, further enhancing its utility and reach.
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CryptoTitanGuard
Fri May 24 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, offers a comprehensive suite of services to its users. Among these, BTCC provides spot trading, allowing users to buy and sell FTM and other cryptocurrencies at market prices.
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CryptoLord
Fri May 24 2024
Additionally, BTCC also offers futures trading, enabling investors to speculate on the future price movements of FTM and other digital assets. This service offers leveraged trading options, allowing traders to amplify their potential profits or losses.
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SumoPower
Fri May 24 2024
FTM, the native cryptocurrency of the Fantom blockchain, exists primarily as a mainnet coin. This coin operates natively within the Fantom network, offering seamless transactions and utilization of the network's unique features.
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