Institutions
Institutions
About Fantom (FTM)
Buy Fantom
The Fantom network is a smart-contract platform that allows developers to write, compile, and deploy smart contracts the same way they can on Ethereum. It runs on a directed acyclic-graph-based distributed ledger and is integrated with the Ethereum Virtual Machine (EVM) and the Web3JS stack. It uses an asynchronous Byzantine Fault-Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism called "Lachesis."
Token
FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees. We support the Ethereum (ERC-20) version of FTM, which is a multi-chain asset. FTM purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of FTM using a bridge. When interacting with the Fantom network, users pay gas fees (or transaction fees) in FTM tokens.
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The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.