Home CryptoCurrency News Fantom (FTM) Trading Starts June 2 – Deposit Now
CryptoCurrency News - June 6, 2022

Fantom (FTM) Trading Starts June 2 – Deposit Now

We’re thrilled to announce that Kraken now supports Fantom (FTM)!

Funding and Trading

You can add FTM to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin June 2 at approximately 14H30 UTC.

Here’s what you need to know:

Ticker FTM
Tradeable against EUR, USD
Price precision 3 decimal places
Deposit confirmations required 1  (near-instant)
Not available in Japan
Services available Kraken, the Kraken Pro interface

Note:

  • Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

What is Fantom?

Fantom is a smart contract platform which aims to solve blockchain scalability and security challenges with an innovative consensus mechanism called Lachesis. Fantom aims to allow blockchain developers to build and deploy decentralized applications (dApps) more efficiently. FTM is the native cryptocurrency of the Fantom blockchain and allows token holders to pay for transactions and services on the network.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee of executing at a certain price for a market order. The availability and liquidity of the particular digital asset will impact these types of orders.

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Not The 2018 Bear Market, Bitcoin Price Could Hit $20,000 In December

The Bitcoin price rebounded off the low of its current range and retraced its weekend loss…