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How to buy Fantom(FTM) in Malaysia

Updated on:  2024/05/21 00:07:20(UTC+0)
Coin rating
4.6
Bitget is legally accessible in Malaysia. You can buy Fantom in Malaysia through Bitget.
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In this tutorial, we will discuss:
1
Where and how to buy Fantom in Malaysia
2
Alternative methods to obtain Fantom in Malaysia
3
Methods to obtain Fantom for free
4
What are the applications of Fantom in Malaysia
5
Market stats to assist in determining optimal times for purchasing Fantom
6
How to safely store your Fantom
7
How to withdraw Fantom

Where and how to buy Fantom in Malaysia

Investing in Fantom has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Fantom. Here's a step-by-step guide on how to buy Fantom on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Fantom order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Fantom order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Fantom is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Fantom order.
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How to buy crypto via third-party gateway
Buy Fantom via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Fantom order.
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How to buy crypto on Bitget P2P
Buy Fantom with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Fantom order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Fantom in your Bitget spot account

If you've chosen to purchase Fantom on Bitget, your Fantom will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Fantom in Malaysia

In addition to purchasing Fantom directly, there are numerous other ways to obtain Fantom.

Convert crypto to Fantom with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Fantom. Just choose your available crypto assets, specify the amount for the Fantom swap, confirm, and check Fantom instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Fantom with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Fantom anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Fantom.

Methods to obtain Fantom for free

Using real money to buy Fantom is not the only way to obtainFantom. If you have the time to allocate, you can get Fantom for free.
Learn how to earn Fantom for free through the Learn2Earn promotion
Earn free Fantom by inviting friends to join Bitget's Assist2Earn promotion
Receive free Fantom airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Fantom through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Fantom Price Page and bookmark them to stay updated!
Fantom
Fantom Price Now:
FTM / USDT
$0.92
+0.07
+9.40%24H
The live Fantom price today is $0.92 USD with a 24-hour trading volume of $10789398.85 USD. We update our FTM to USD price in realtime. FTM is 9.40% in the last 24 hours.
Are you planning to buy FTM?
See if other users are buying FTM:
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How to buy Fantom in other countries?

You can easily buy Fantom (Fantom) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Fantom in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-05-21.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Fantom?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Fantom

Many users hold on to their Fantom with the expectation of it increasing in value. You can store your FTM safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Fantom

You can trade Fantom for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Fantom trading to meet your needs.

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Send Fantom

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Fantom online and send to anyone and anywhere with their Fantom address.

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Spend Fantom

You can also buy goods and services with your Fantom. More and more vendors and retailers accept Fantom every day.

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Donate Fantom

Bitget Charity accepts Fantom donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Fantom so no one misses out on the growth made possible by blockchain.

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Learn More About Fantom

You can read more in-depth articles on Fantom from Bitget Research and study how cryptocurrencies like Fantom work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Fantom

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Fantom facts from our Bitget Academy articles. Learn why people buy Fantom today!

What is Fantom (FTM)?

Fantom is a public decentralized smart-contract platform that allows for the development of dapps, digital assets, and independent blockchain networks. It is designed to solve the “Blockchain Trilemma”, which is a popular belief that a decentralized system can only satisfy two of three benefits - speed, security, and decentralization - at the same time. The Blockchain Trilemma is widely held as it is evident in two most popular blockchains, Bitcoin and Ethereum. Both of them have good security and decentralization because of their consensus mechanisms, but they greatly compromise scalability and speed as a result. To achieve all three advantages, Fantom implements asynchronous Byzantine Fault Tolerance (aBFT) consensus protocol to increase the speed and throughput of transactions.

One of the ways Fantom takes the edge off transaction load and increases scalability is by allowing users to create and configure their own networks on top of Fantom while still enjoying the speed, security, and finality of the mother chain.

Blockchain Interoperability

Fantom’s mainnet, called Opera, was released in 2019. It is fully compatible with Ethereum Virtual Machine (EVM), which means that dapps built on Ethereum and other EVM-compatible chains such as Avalanche and Polygon can easily be migrated to or interoperated with Fantom.

Moreover, Mutichain.org (formerly known as Anyswap), one of the biggest cross-chain swap AMMs, supports Fantom, making it easier to move assets to and from Fantom.

Fantom Virtual Machine

In April 2022, the Fantom Foundation announced that Fantom Virtual Machine (FVM) would be launched later in the year. FVM will empower Fantom to have better speed, fee, security, scalability, and performance. According to Fantom Daily, it is said that FVM can make execution costs go down enormously while doubling performance capacity.

Enterprise Solutions

In addition to excellent support for independent developers, Fantom offers a suite of solutions for enterprises. On their website, the solutions are promised enterprise-grade performance and security as well as high flexibility and customization. Perhaps the quality of their services is what has convinced many companies to utilize Fantom. Some of the notable use cases demonstrated include pharmaceutical supply chain, education, healthcare data storage, and finance.

How Fantom (FTM) Works

Lachesis - aBFT consensus algorithm built by Fantom

Fantom deploys its own aBFT-based Proof-of-Stake (PoS) consensus protocol called Lachesis, which powers Fantom’s mainnet, Opera.

There are four key characteristics of Lachesis as follows:

1. Augmented Byzantine Fault Tolerance: The aBFT mechanism of Lachesis improves on the the traditional Byzantine Fault Tolerance model as it achieves consensus through:

- a two-stage block confirmation process (In the beginning stage, a last irreversible block is suggested, and then in the latter stage, the last irreversible block is decided upon.)

- two-thirds majority vote

2. Leaderlessness: In the original PoS protocol, a few validators determine the validity of the transactions. On the other hand, there is no leading node that can decide the validity of blocks. The lack of leaders in this type of PoS improves speed and strengthens the network’s security.

3. Asynchronism: Commands can be processed at different times.

4. Fast finality: A transaction on Opera is finalized and settled almost instantaneously.

Lachesis is at the heart of Fantom, enabling the network to be scalable, secure, and decentralized at any given time.

One dapp one blockchain

Furthermore, Fantom employs a unique way to avoid network congestion and offer extensive scalability to dapp developers and users, that is to assign each dapp its own customizable blockchain. Though the "child" blockchains are independent and customizable in terms of governance and tokenization, they have the benefits of the Lachesis. Since Lachesis is the common thread that ties all these child networks together, there is an obviously inherent interoperability among them.

How Many FTM Tokens Are in Circulation?

Fantom’s primary token is FTM. FTM is used for securing the network, sending and receiving payment, on-chain governance, staking, and network fees.

To run a validator node on Fantom, one needs to stake at least 500,000 FTM.

The total supply of FTM is 3.175 billion. Among those, 2.1 billion is in circulation and the rest is reserved for giving out staking rewards to holders. If the staking reward distribution remains at the same speed, the remaining 1.075 billion FTM will take about two years to be issued completely and the total supply of 3.175 billion FTM be in circulation.

The initial distribution of FTM is as follows:

- 32.75% is allocated to Block Rewards

- 12.00% is allocated to Advisors/Contributors

- 6.00% is allocated to Strategic Reserve

- 1.57% is allocated to Public Sale

- 11.69% is allocated to Private Sale II

- 25.35% is allocated to Private Sale I

- 3.15% is allocated to Seed Sale

How to Buy Fantom (FTM)

Consider investing in Fantom (FTM)? It only takes 2 minutes to create an account on Bitget and start trading FTM.

Check out the available FTM trading pairs on Bitget!

Futures market

FTMUSDT

Spot market

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Fantom (FTM) Resources

Whitepaper

Official Website

Buy Fantom in Malaysia with Bitget 

How to safely store your Fantom

Many investors opt to hold onto their Fantom for long-term investment. Safeguard your Fantom with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Fantom wallet at Bitget.

How to withdraw Fantom with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Fantom or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Fantom you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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Malaysia is a country in Southeast Asia, consisting of thirteen states and two territories with a population of 33,871,431. Malaysia is bordered by Thailand, Indonesia, Singapore, and Vietnam. Kuala Lumpur is the ceremonial, legislative, and judicial capital and largest city. And the official capital is Putrajaya.

The currency of Malaysia is the Ringgit (MYR). It does only take a few minutes to buy Fantom(FTM) or other cryptocurrencies on Bitget by MYR, including Crypto Deposit, P2P Trading, and Third-Party Payments (using your own credit card, Apple Pay or Google Pay.)

Whether you're in Kuala Lumpur, Putrajaya, Kuching, Ipoh, and George Town…Bitget is ready to serve any kind of need in cryptocurrency, no matter P2P, spot, or futures trading.

Malaysian Malay, a standard variety of Malay, is the country's official language. English remains an active second language. And the Bitget app and website are available in English.

Malaysia is divided into two parts by the South China Sea, Peninsular Malaysia, and Borneo's East Malaysia. Wherever you are in Malaysia, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget, which has already acquired the U.S. MSB License, Canada MSB License, and Australia (DCE) License.

Malaysia is the ex-colony of Great Britain. Malaysians, Chinese, and Indians are the major population of Malaysia. Petronas Twin Towers at Kuala Lumpur, Perhentian Islands, Sipadan Island, and Penang Hill are the most famous attractions in Malaysia.

FAQ
How do I purchase Fantom?
Nowadays, you can purchase and store Fantom hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Fantom. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Fantom?
In theory, Fantom can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Fantom?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Fantom?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Fantom?
The best place to buy Fantom is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Fantom right now?
You should make a decision on purchasing or investing in Fantom or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Fantom online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Fantom instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Fantom purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.