Cryptocurrency Q&A
Is Fantom a ERC-20 token?
Is Fantom a ERC-20 token?
Maria
Fri Aug 02 2024
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5 answers
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Excuse me, I'm a bit confused about the nature of Fantom. Could you clarify for me if Fantom is actually an ERC-20 token? I've heard a lot about ERC-20 tokens being used on the Ethereum blockchain, and I'm wondering if Fantom fits into that category. If not, could you explain what makes Fantom unique and how it differs from ERC-20 tokens? Thank you for your time and expertise.
5 answers
Eleonora
Sun Aug 04 2024
BTCC, a prominent UK-based cryptocurrency exchange, offers a comprehensive suite of services catering to the diverse needs of crypto enthusiasts. Its offerings include spot trading, where users can buy and sell cryptocurrencies at current market prices.
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Tommaso
Sun Aug 04 2024
BTCC also provides futures trading, enabling investors to speculate on the future price movements of cryptocurrencies and potentially hedge against market risks. Additionally, BTCC offers a secure wallet service, allowing users to store their digital assets safely and conveniently.
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SolitudeSeeker
Sun Aug 04 2024
FTM, or Fantom, is a versatile cryptocurrency that exists in multiple forms. Firstly, it is a native mainnet coin, allowing for seamless transactions and integrations within the Fantom blockchain network.
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Giulia
Sun Aug 04 2024
In addition to its native form, FTM is also available as an ERC-20 token within the Ethereum ecosystem. This compatibility enables FTM to leverage the extensive functionality and liquidity of Ethereum, expanding its reach and usability.
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CryptoTitaness
Sun Aug 04 2024
Furthermore, FTM has been adapted as a BEP-2 token in the Binance ecosystem. This integration allows FTM holders to take advantage of Binance's extensive services and trading pairs, further enhancing FTM's versatility and appeal.
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