Category: Trading

Posted on by — Leave a comment

Fantom (FTM) Buying Guide Across Networks

Fantom (FTM) is a newly emerging blockchain platform that aims to solve the scalability issue faced by other blockchain networks. This high-speed, low-cost platform is quickly gaining popularity and attracting investors looking to diversify and take advantage of its potential. In this article, we will provide a comprehensive guide on how to buy, store, and transfer Fantom (FTM) across various networks, as well as the risks to consider before investing in it.

What is Fantom (FTM)?

Fantom is a decentralized, open-source platform that uses a Directed Acyclic Graph (DAG) consensus algorithm to process transactions. It is more scalable and faster than traditional blockchain networks and can handle thousands of transactions per second at a minimal cost. Fantom aims to provide a platform where developers can build dApps and smart contracts that can interact with other blockchain networks, such as Ethereum and Binance Smart Chain.

Why buy Fantom (FTM)?

There are many reasons to buy Fantom (FTM), including its fast transaction speeds, low fees, and interoperability with other networks. It also has a strong community of developers and supporters who are working to improve the platform and increase its adoption. Additionally, with the growing demand for decentralized finance (DeFi) applications, Fantom has the potential to become a leading player in the space.

Buying Fantom (FTM) on centralized exchanges

To buy Fantom (FTM) on centralized exchanges like Binance or Bitfinex, you will need to create an account and complete the verification process. Once your account is verified, you can deposit funds and buy FTM using the available trading pairs. You can also set up limit or market orders to buy or sell FTM at a specific price.

Buying Fantom (FTM) on decentralized exchanges

To buy Fantom (FTM) on decentralized exchanges (DEXs) like Uniswap or Sushiswap, you will need to have a wallet that supports the Fantom network, such as Metamask or Ledger. You can then connect your wallet to the DEX and trade FTM for other tokens or ETH. DEXs are more decentralized and offer more privacy, but they can also be more complicated to use.

How to store Fantom (FTM) safely

To store Fantom (FTM) safely, you should use a hardware wallet like Ledger or Trezor. These wallets store your private keys offline, making them less susceptible to hacking or theft. You can also use a paper wallet, which is a printed copy of your private keys that you can store in a safe place. Be sure to back up your private keys and never share them with anyone.

Using wallets to hold Fantom (FTM)

To hold Fantom (FTM) in a wallet, you will need to have a wallet that supports the Fantom network. Some popular wallets include Ledger Live, Metamask, and MyEtherWallet. You can then transfer your FTM from the exchange to your wallet by sending it to your wallet address.

How to transfer Fantom (FTM) between wallets

To transfer Fantom (FTM) between wallets, you will need to have the FTM in your wallet and know the address of the receiving wallet. You can then send the FTM to the receiving wallet by entering the address and the amount you want to send. Be sure to double-check the address and the amount before sending.

How to send and receive Fantom (FTM)

To send and receive Fantom (FTM), you will need to have a wallet that supports the Fantom network and know the wallet address of the person or entity you are sending or receiving from. You can then send or receive FTM by entering the address and the amount you want to send or receive. Transactions on the Fantom network are fast and inexpensive.

Fantom (FTM) transaction fees

Transaction fees on the Fantom network are very low, typically less than $0.01 per transaction. This makes it an attractive platform for developers and users who want to build or use DeFi applications without having to worry about high gas fees.

The future of Fantom (FTM)

The future of Fantom looks promising, with a strong community of developers and supporters working to improve the platform and increase its adoption. As more DeFi applications are built on the platform and more users begin to use it, the value of FTM is likely to increase.

Risks to consider when buying Fantom (FTM)

As with any investment, there are risks to consider when buying Fantom (FTM). The cryptocurrency market is highly volatile, and the value of FTM can fluctuate rapidly. There is also a risk of hacking or theft if you do not store your FTM securely. Additionally, the platform is still in its early stages of development, and there are uncertainties about its future adoption and success.

Conclusion: Is it worth buying Fantom (FTM)?

Overall, Fantom (FTM) is a promising blockchain platform that offers fast transaction speeds, low fees, and interoperability with other networks. It has a strong community of developers and supporters who are working to improve the platform and increase its adoption. However, as with any investment, there are risks to consider, and it is important to do your own research before investing in FTM. With that said, Fantom is definitely a project to keep an eye on in the future.

Posted on by — Leave a comment

NFTs: Non-Fungible Thrillers or Just Digital Bling?

NFTs: Breaking Down the Buzzwords

What do you get when you combine blockchain, digital art, and a sprinkle of hype? The answer is Non-Fungible Tokens, or NFTs for short. If you’re not familiar with the term, you’re not alone. The internet has been buzzing with talk of these mysterious tokens, leaving many scratching their heads. In this article, we’ll break down the buzzwords and explore the world of NFTs.

From Crypto Collectibles to Digital Art

NFTs started out as a way to buy and sell cryptocurrency collectibles, but they’ve since evolved into something much more. Now, NFTs are being used to represent digital art, music, and even tweets. Yes, tweets. That’s right; you can now own a piece of Twitter history, but it’ll cost you. Recently, the first tweet ever sent by Twitter CEO Jack Dorsey was sold as an NFT for a whopping $2.9 million.

Is the NFT Craze Just a Fad?

It’s hard to say whether the NFT craze is just a fad or not. On the one hand, NFTs have opened up a whole new world of possibilities for digital creators. Artists can now sell their digital creations for a fair price without fearing piracy. On the other hand, some people believe that NFTs are nothing more than digital bling, a way for wealthy people to show off their wealth. Only time will tell whether NFTs will be a passing trend or a permanent fixture in the art world.

The Pros and Cons of Buying NFTs

If you’re considering buying an NFT, it’s important to weigh the pros and cons carefully. On the one hand, NFTs can be a great investment opportunity. If you’re lucky enough to buy a piece of digital art that becomes famous, you could make a significant profit. On the other hand, buying an NFT comes with some risks. For one, the value of an NFT is entirely subjective. Just because you think a piece of art is valuable doesn’t mean that others will agree.

NFTs vs. Traditional Art: Which is Better?

NFTs have been marketed as a revolutionary new concept that will change the art world forever. But is that really the case? When it comes down to it, traditional art and NFTs are two very different things. Traditional art exists in the physical world, while NFTs are entirely digital. That being said, both traditional art and NFTs have their pros and cons. Traditional art can be displayed and enjoyed in person, while NFTs can be easily shared online.

NFTs: A Revolutionary Concept or Just Digital Bling?

So, are NFTs a revolutionary concept or just digital bling? The answer, as it often is, is somewhere in the middle. NFTs have the potential to revolutionize the way we buy and sell digital art, but they’re also prone to hype and overvaluation. At the end of the day, whether or not NFTs are worthwhile is entirely up to the individual. If you’re interested in buying an NFT, make sure you do your research and understand the risks involved.

In conclusion, NFTs are a fascinating new development in the world of art and technology. Whether you love them or hate them, there’s no denying that they’re here to stay. So, if you’re feeling adventurous, why not dip your toe into the world of NFTs and see where it takes you? Who knows, you could be the proud owner of the next big digital masterpiece. Or, you know, just some really expensive digital bling.

Posted on by — Leave a comment

Going Bananas for NFTs: Why Monkey Business is the Key to Crypto Success

Ape-solutely Crazy for NFTs

If you haven’t been living under a rock, you’ve probably heard about the craze for NFTs, or non-fungible tokens. From digital art to tweets, people are spending millions of dollars to own unique digital assets. But did you know that some of the most sought-after NFTs feature… monkeys? Yes, you read that right. Monkeys are taking over the crypto world, and we’re going bananas for it.The Rise of the Monkey NFTs: A Primate Revolution

It all started with the Bored Ape Yacht Club, a collection of 10,000 unique digital apes, each with its own characteristics and rarity. The project was launched in April 2021 and quickly became a sensation, with some apes selling for over $1 million. Other primate-themed NFT projects followed suit, such as the Cool Cats and the Mutant Ape Yacht Club. There’s even a project called ApeSwap that lets you trade NFTs and earn banana tokens. It’s official: monkeys are the new kings of the NFT jungle.

Why Monkeys are the Perfect NFT Muse

But why are monkeys so popular among crypto enthusiasts? It could be because they’re cute, funny, and relatable. Who hasn’t felt like a monkey at some point, swinging from one project to another, trying to find their place in the world? Monkeys are also a symbol of playfulness, curiosity, and intelligence, which are traits that many people aspire to. And let’s face it, monkeys are just plain cool. Who wouldn’t want to own a rare digital primate that no one else has?

From Banana Tokens to Crypto Millions: A Monkey’s Journey

If you’re still skeptical about the value of monkey NFTs, consider this: some early adopters of the Bored Ape Yacht Club have already made millions of dollars by flipping their apes. One person even traded a rare ape for a real-life yacht. But it’s not just about the money. Many collectors see NFTs as a way to express themselves creatively and connect with like-minded individuals. By owning a monkey NFT, you join a community of people who share your love for these playful primates.

Monkey Business: The Key to Crypto Success or Just a Fad?

Of course, not everyone is convinced that monkey NFTs are the key to crypto success. Some critics argue that the hype around NFTs is just a bubble waiting to burst, and that the value of these digital assets is purely speculative. Others point out that owning an NFT doesn’t give you any tangible ownership rights or control over the original artwork or tweet. It’s up to each individual to decide whether monkey NFTs are a worthwhile investment or just a passing trend.

Going Bananas: How to Join the Monkey NFT Craze

If you’re ready to join the monkey NFT craze, here’s what you need to do. First, choose a project that resonates with you. Do you prefer the cute and colorful Cool Cats, the edgy and mutant Mutant Ape Yacht Club, or the luxurious Bored Ape Yacht Club? Once you’ve picked your primate, you’ll need to buy it using cryptocurrency such as Ethereum. Make sure to use a reputable marketplace such as OpenSea, and be prepared to pay a hefty sum for rare apes. Finally, join the community of monkey NFT collectors and show off your digital primate to the world. Who knows, you might just become the next crypto millionaire thanks to your monkey business.

There you have it, folks. The monkey NFT craze might seem silly or frivolous, but it’s also a sign of the power of creativity and community in the digital age. Whether you’re a serious investor or just a monkey lover, there’s no denying the appeal of these playful primates. So go ahead, embrace your inner monkey, and let’s see where this wild ride takes us. Who knows, we might just swing our way to crypto success.

Posted on by — Leave a comment

Gorilla Traders vs. Computer Monkeys

Blockchain technology is often touted as the future of finance, promising to revolutionize the way we conduct transactions and manage data. However, the reality is that it’s not always clear who benefits from this newfangled system. In this article, we’ll explore the absurdity of blockchain through the lens of two unlikely characters: gorilla traders and computer monkeys.

Gorilla Traders: King Kongs of the Stock Market


Gorilla traders are the big players in the stock market, making millions (or even billions) through savvy investments and bold moves. They’re the ones who can move markets with a single trade, sending shockwaves through the financial world. But what happens when they encounter blockchain?

Well, for starters, they’re not exactly thrilled about it. Blockchain threatens to disrupt their carefully crafted strategies and upend the balance of power in the financial world. Suddenly, there’s a new player in town, and it’s not clear how to play by the new rules.

But if there’s one thing gorilla traders are good at, it’s adapting to their environment. Some are embracing blockchain as a new opportunity, while others are fighting tooth and nail to protect their status quo. Either way, it’s clear that the introduction of blockchain has made the financial world a bit more chaotic.

Computer Monkeys: How Blockchain Stole Their Bananas

Computer monkeys, on the other hand, are the unsung heroes of the financial world. They’re the ones who keep the gears turning, processing transactions and managing data behind the scenes. They may not make headlines like gorilla traders, but they’re essential to the smooth operation of the financial system.

So what happens when blockchain comes along? Well, for computer monkeys, it’s a bit of a mixed bag. On one hand, blockchain promises to automate many of the tasks that they currently perform, freeing up time and resources for other projects. On the other hand, it also threatens to automate them out of a job entirely.

In some ways, computer monkeys are the ultimate victims of the blockchain revolution. They’re the ones who stand to lose the most, while the gorilla traders and other big players scramble to figure out how to adapt. It’s a strange new world, and nobody knows quite what the future holds.

In the end, the absurdity of blockchain lies in its unpredictability. It’s a technology that promises to transform the financial world, but nobody really knows how it will play out in practice. Will gorilla traders rule the roost, or will computer monkeys steal their bananas? Only time will tell.

Welcome to the absurd world of blockchain trading, where gorillas and computer monkeys battle it out for supremacy. On one hand, we have the mighty gorilla traders, relying on their brawn and gut instincts. On the other hand, we have the smart and tricky computer monkeys, who can analyze data and make quick transactions faster than the blink of an eye. Who will emerge victorious in this epic showdown? Read on to find out!

Gorilla Traders – Strong and Mighty

Gorilla traders are the kings of the trading jungle. They rely on their gut instincts and years of experience to make trading decisions. They are not afraid to take risks and make bold moves. They are confident in their abilities and are not easily swayed by market fluctuations. They are the alpha predators of the trading world and they know it.

Computer Monkeys – Smart and Tricky

Computer monkeys are the new kids on the trading block. They are smart and quick-witted, able to analyze vast amounts of data and make trades faster than any human could. They are always connected to the internet and are constantly monitoring the markets for any changes. They are the ultimate trading machines, and they know it.

The Battle Begins – Blockchain is the Stage

When it comes to trading on blockchain, both gorillas and computer monkeys have their own strengths and weaknesses. Blockchain technology is decentralized, meaning that anyone can participate in trading without the need for intermediaries. This means that gorilla traders can have direct access to the market, while computer monkeys can take advantage of the speed and efficiency of blockchain transactions.

The Absurdity of Blockchain – Who Will Win?

The absurdity of blockchain trading lies in the fact that both gorilla traders and computer monkeys are trying to outsmart each other in an environment that is constantly changing. Gorilla traders may have the advantage of experience, but computer monkeys have the advantage of speed and data analysis. It’s anyone’s guess who will come out on top.

The Gorilla Strategy – Brawn vs. Brains

Gorilla traders have their own strategy when it comes to blockchain trading. They rely on their gut instincts and experience, but they also use technical analysis to make trading decisions. They know that the market is always changing, but they also know that by sticking to their guns and making bold moves, they can come out ahead. It’s a strategy that relies on both brawn and brains.

The Final Showdown – Who’s the Real King?

In the end, the final showdown between gorilla traders and computer monkeys will determine who the real king of blockchain trading is. Will it be the mighty gorilla traders, relying on their gut instincts and years of experience? Or will it be the smart and speedy computer monkeys, able to analyze vast amounts of data and make trades faster than any human could? Only time will tell, but one thing is for certain – it will be an epic battle for the ages.

So there you have it – the absurd world of blockchain trading, where gorillas and computer monkeys battle it out for supremacy. Whether it’s brawn vs. brains or gut instincts vs. data analysis, the world of blockchain trading is a fascinating and ever-changing landscape. Who will emerge victorious in the end? Only time will tell.