Cryptocurrency Q&A
Is FTM an ERC-20?
Is FTM an ERC-20?
KatanaBlade
Mon Oct 21 2024
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6 answers
1981
FTM, the native token of Fantom, is not exclusively an ERC-20 token. It exists in multiple forms, including Opera FTM for the mainnet, ERC-20 FTM for Ethereum, and BEP-2 FTM for Binance Chain, facilitating various functions within the Fantom ecosystem such as network protection, governance, and transaction fees.
6 answers
SolitudeNebula
Wed Oct 23 2024
FTM, an innovative cryptocurrency, showcases its versatility by being present on multiple blockchain networks.
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HanRiverVisionaryWave
Wed Oct 23 2024
As an ERC20 token, FTM seamlessly integrates with the Ethereum ecosystem, allowing users to access a wide range of decentralized applications and services.
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AltcoinExplorer
Wed Oct 23 2024
Furthermore, FTM's presence on the Binance Chain (BEP2) enhances its interoperability, enabling swift and cost-effective transactions across the Binance ecosystem.
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GwanghwamunGuardianAngelWings
Tue Oct 22 2024
Notably, FTM also operates on Fantom's mainnet, Opera Chain, which is renowned for its high scalability and fast transaction speeds.
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Bianca
Tue Oct 22 2024
This multi-chain strategy not only broadens FTM's reach but also underscores its commitment to fostering a more interconnected and efficient cryptocurrency landscape.
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