How to Buy Fantom

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Buying fantom in United States

The United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Fantom (FTM) Key Data

Price $

0.7556

24hr %

1.73%

Mkt Cap $

1,854.91b

24hr High

0.7896

24hr Low

0.7145

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy fantom at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Uphold Account

Uphold Disclaimer: Asset availability on the Uphold platform is subject to region. All investments and trading are risky, and may result in the loss of capital. Cryptoassets are largely unregulated and are not subject to protection

Uphold

Based in Charleston, South Carolina. Serves over 184 countries and has done over $4 billion in transactions. Offers convenient options to swap between crypto, fiat, equities, and precious metals.

Pros

• Open to US residents
• Integrated with Brave Browser
• Over 50 different coins
• Also offers precious metals and equities
• Convenient and cheap deposit/withdrawal methods

Cons

• High trading fees
• Smaller coin selection compared to some
• No Paypal withdrawal option
• No instant debit card withdrawals

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