What is FTM in the Coinmarketcap?
Gary AbelsNov 29, 2021 · 3 years ago7 answers
Can you explain what FTM stands for in the Coinmarketcap?
7 answers
- Nov 29, 2021 · 3 years agoFTM in the Coinmarketcap refers to the cryptocurrency called Fantom. Fantom is a decentralized platform that aims to provide fast and secure smart contract solutions. It utilizes a Directed Acyclic Graph (DAG) consensus mechanism to achieve high scalability and low transaction fees. FTM is the native token of the Fantom network and is used for various purposes, including staking, governance, and paying for transaction fees.
- Nov 29, 2021 · 3 years agoFTM is short for Fantom, which is a cryptocurrency listed on Coinmarketcap. Fantom is a blockchain platform that focuses on providing fast and scalable solutions for decentralized applications. FTM is the token used within the Fantom ecosystem and has utility in various aspects of the network's operations.
- Nov 29, 2021 · 3 years agoFTM, also known as Fantom, is a cryptocurrency listed on Coinmarketcap. It is the native token of the Fantom network, which is a decentralized platform designed to enable fast and secure transactions. Fantom aims to address the scalability issues faced by other blockchain networks by utilizing a DAG-based consensus mechanism. FTM can be used for staking, participating in governance, and paying for transaction fees on the Fantom network.
- Nov 29, 2021 · 3 years agoFTM, or Fantom, is a cryptocurrency that can be found on Coinmarketcap. It is the native token of the Fantom network, which is a blockchain platform focused on providing scalable and secure solutions for decentralized applications. FTM can be used for various purposes within the Fantom ecosystem, such as participating in staking, voting on governance proposals, and paying for transaction fees.
- Nov 29, 2021 · 3 years agoFTM stands for Fantom, a cryptocurrency listed on Coinmarketcap. Fantom is a decentralized platform that aims to provide fast and scalable solutions for decentralized applications. FTM is the native token of the Fantom network and is used for various purposes, including participating in the network's consensus mechanism, governance, and transaction fees.
- Nov 29, 2021 · 3 years agoFTM, also known as Fantom, is a cryptocurrency listed on Coinmarketcap. It is the native token of the Fantom network, which is a decentralized platform designed to enable fast and secure transactions. FTM can be used for staking, participating in governance, and paying for transaction fees on the Fantom network.
- Nov 29, 2021 · 3 years agoFTM is the abbreviation for Fantom, a cryptocurrency listed on Coinmarketcap. Fantom is a blockchain platform that focuses on providing fast and scalable solutions for decentralized applications. FTM serves as the native token of the Fantom network and is utilized for various purposes within the ecosystem, including staking, voting, and transaction fees.
Related Tags
Hot Questions
- 83
What are the best digital currencies to invest in right now?
- 81
How can I protect my digital assets from hackers?
- 74
What is the future of blockchain technology?
- 71
How does cryptocurrency affect my tax return?
- 48
How can I buy Bitcoin with a credit card?
- 39
What are the advantages of using cryptocurrency for online transactions?
- 32
How can I minimize my tax liability when dealing with cryptocurrencies?
- 13
What are the best practices for reporting cryptocurrency on my taxes?