What is Fantom (FTM)?

Fantom (FTM) is a blockchain platform and its native token that works with a DAG-based distributed ledger consensus using principles called aBFT and provides a secure virtual machine for smart contracts. Fantom (FTM) aims to add a new dimension to smart contracts by using the Lachesis protocol with its main system called DAG. Nodes within the Fantom coin blockchain do not need to be aware of the presence of other nodes in the network while they join the network. The Fantom (FTM) network uses timestamps called Lamport to obtain topographic sequences of event blocks.

• Fantom blockchain provides compatibility between all transactions and transaction tools in the world using DAG technology.
• Fantom network aims to develop a compiler and record-based virtual machine that can automatically check the accuracy of transactions, generate evidence of smart contracts and behavior, and execute instructions efficiently.
• To achieve Asynchronous Byzantine Fault Tolerance, aBFT; Fantom (FTM) uses many different algorithms such as the Coffman - Graham Algorithm.

Fantom coin has a general framework called Lachesis that is based on DAG to create scalable and distributed systems. ONLAY, which was developed by the Fantom (FTM) developer team and stands out as a consensus protocol based on the Lachesis framework, also provides fault tolerance called "Byzantine Fault Tolerance", which works as if one third of the network participants at risk are present. One of the main focuses of Fantom (FTM) is the creation of a fast network and a reliable network for transactions.
 

How to Buy Fantom (FTM) Token?

Fantom (FTM) is listed in ICRYPEX Crypto Exchange. In order to perform FTM buy and sell transactions:

• If you are not an ICRYPEX member, you must be an ICRYPEX member by filling in the name, surname, phone and e-mail address sections using the "New Membership" button.
• After completing all required fields of the membership, you can deposit TRY from your bank account by clicking "Deposit" or you can start your investment by transferring your FTM to your FTM wallet you have created in "My Assets".
• In the Turkish lira deposits you make over your bank account, you must write ICRYPEX Bilişim AŞ to the recipient name field. Transfers that are sent using a different, incorrect or incomplete recipient name / title will be rejected by your bank.
• You can perform your Fantom (FTM) coin transactions on ICRYPEX using both Turkish lira and Tether (USDT), a cryptocurrency pegged to the US dollar.
• After investing in your ICRYPEX wallet, you can enter the "Easy Buy-Sell" page and perform FTM token trading with a single click.
• By visiting the ICRYPEX "Pro View" mode, it is possible to perform your Fantom (FTM) buying and selling transactions using Turkish lira or Tether (USDT).
• If you wish, you can also transfer your current FTM balance to your ICRYPEX FTM wallet by visiting the "My Assets" section.

Fantom (FTM) is listed on the ICRYPEX Crypto Exchange for the first time in Turkey. ICRYPEX allows you a quick and secure Fantom trading with its 24/7 Customer Representatives appointed to every user and its daily and weekly analysis support.
 

What are the Distinctive Features of the Fantom (FTM) Token?

FTM, the local token of the Fantom blockchain network, is predicted to have certain functions. These functions are:

• Participation in the staking processes
• Payments of transfer fees,
• Voting of governance proposals on the Fantom blockchain.

The FTM stake process, which stands out as one of the most important transactions to be carried out with FTM coin, is based on the principle of securing the network in return for block and transaction reward. Nodes earn FTM coin rewards within the Fantom network, ranked according to their transaction confirmation speed. Using the FTM coin, users can pay the fees arising from the transfer transactions on the network, and the flow on the network can be achieved using the FTM token. Every token owner running the in-network validator nodes called "Validator Node" and / or staking their FTM tokens on a node can vote using FTM token to change the main structure of the network, block rewards and various system parameters.