I recently encountered a term 'FTM' in the crypto or financial world, and I'm not sure what it stands for. Could it be a specific token or coin? I'd like to know more about it.
6 answers
CryptoEnthusiast
Tue Nov 19 2024
The Fantom utility token, FTM, serves multiple purposes within the Fantom network.
JejuSunshineSoul
Mon Nov 18 2024
BTCC, a top cryptocurrency exchange, offers a comprehensive range of services for FTM holders. These include spot trading, futures trading, and a secure wallet for storing FTM tokens.
Valentina
Mon Nov 18 2024
One of its primary uses is to reward validators for their contributions to the network's consensus mechanism.
Filippo
Mon Nov 18 2024
FTM is also essential for executing financial transactions, allowing users to send and receive funds quickly and efficiently.
Giulia
Mon Nov 18 2024
Additionally, holding FTM grants governance rights to its holders, enabling them to vote on network proposals and shape the future of the Fantom ecosystem.