How to Buy Fantom (FTM): The Best Exchanges to Use

Looking to buy Fantom (FTM)? There are many platforms you can use to buy, but it is necessary to choose the right platform for you. This entails putting many things into consideration.

First, you need to be sure that the exchange you use in buying your FTM is a platform that is simple to use. You don’t want to use a platform that is very difficult to navigate, especially if you’re a beginner.

Secondly, you need to check the fees on the platform, particularly if you intend to trade on the exchange. The fees may seem negligible initially but when you trade, they can add up rather quickly and result in a good chunk of your investment being taken.

The security and liquidity of the exchange is also a major priority as crypto is risky enough on its own, and you need good liquidity to be able to buy and sell tokens smoothly. With these points in mind, the following are the best crypto exchanges you can use to buy FTM.

Binance 

Even if you’re an absolute beginner, I’m fairly confident that you have heard of Binance before. That is because it is the leading crypto trading platform in the world by trading volume. There are over 100 million people using the platform, that means it must be doing something right. 

You can buy and sell over 350 crypto assets on the platform and also stake some to earn rewards. The exchange has a simple design that makes it possible for even beginners to use it easily.

You’ll find many methods available for buying FTM, the most popular of which is debit/credit cards which you can use to make instant purchases. 

Coinbase

We can’t talk about top exchanges without mentioning Coinbase. It is a giant in the crypto industry and a reputable platform for trading crypto assets. You can buy FTM on this exchange using different methods just like on Coinbase.

There are over 260 crypto assets supported and you can buy and swap assets easily. You can buy FTM using both fiat and crypto assets by simply swapping them for FTM. You can use any of the methods such as the use of cards to buy your FTM easily.

Coinbase’s simple design appeals to beginners a lot, but you should know that the fees on the exchange are quite high compared to other exchanges. 

Kraken

Kraken is a highly secure crypto exchange that has been around since 2011 and with no history of security breach. This makes it a trusted platform by millions of users worldwide, even though it has its headquarters in the U.S.

You’ll find a collection of over 350 crypto assets on this exchange that you can buy and sell seamlessly. It also allows you to buy FTM using fiat currencies like the USD or by simply swapping existing assets for it.

The fees here are also quite competitive, giving it an edge over most crypto exchanges. You can also take advantage of the staking service to earn some passive income.

Uphold

Looking to buy FTM on a multi asset platform? Uphold is the place to go. It is named the exchange where you can “trade anything for anything”. Apart from crypto, there are other assets such as precious metals that you can buy with crypto and vice versa.

The platform isn’t available in most countries though, but if it is available in your location, it could be a great place to buy your FTM.

CEX.IO

This is a beginner-friendly crypto platform with a reputation for charging low fees. The exchange based in the U.K provides a simple platform for buying and selling of crypto assets such as FTM. 

The exchange has over 100 supported crypto assets that you can buy and swap. The most popular method for buying FTM on the platform is by using debit or credit cards at low fees.