BitForex is a global Cryptocurrency market site that provides token deal and derivatives services. It was founded in 2017 and now offers over 300 trading pairs and a user base of over 3,500,000 people from 200 countries. The company is headquartered in Hong Kong, registered in the Republic of Seychelles.
According to the website, BitForex’s mission is to create a safe, professional, and convenient digital platform for users to be involved in the next financial generation.
Today at 17:00 (GMT+8) Bitforex will list Fantom with the FTM/USDT pair.
Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps. It is designed to overcome the limitations of previous generation blockchain platforms. Fantom is permissionless, decentralized, and open-source. Lachesis, its revolutionary aBFT consensus mechanism, allows Fantom to be much faster and cheaper than older technologies, yet extremely secure.
The Fantom system generates its own digital token, FTM. The purpose is to lend users of these blockchain networks a native medium of exchange. Besides, each blockchain on the Fantom system can have its own tokens and rules on how these tokens are generated and traded. FTM tokens are used for staking, governance, payments, and fees on the network.
Users can store FTM and Fantom-based tokens, including fUSDT and USDC thanks to the different Fantom wallets, such as fWallet, Metamask, Ledger, Coinbase Wallet, Trust Wallet, Math Wallet, ant many others. Fantom is fully compatible with Metamask, Ledger and the leading mobile wallets.According to CoinMarketCap, the price of Fantom at the moment of writing this article is US$1,49 with a 24-hour trading volume of US$1.462.386.561. The token is currently ranked number 34 in CoinMarketCap’s ranking, with a live market cap of US$3.799.223.871. It has a circulating supply of 2.545.006.273 FTM coins and a maximum supply of 3.175.000.000 FTM coins.