How to Buy Fantom (FTM) in Armenia

A Step-by-Step-Guide on how to buy Fantom (FTM) in Armenia

Step 1 – Signup to Coinmama

You will first need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Fantom (FTM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Fantom (FTM)|(FTM) Fantom}

Once your deposit has been approved, you will immediately have access to your funds and you can start invest and trading. To buy {Fantom (FTM)|(FTM) Fantom} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find {Fantom (FTM)|(FTM) Fantom}, you will need to insert the short name of the asset (FTM) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “FTM/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Fantom (FTM)
Step 4 – Purchase {Fantom (FTM)|(FTM) Fantom}

Once you have spotted {Fantom (FTM)|(FTM) Fantom}, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our Limit Order.

The ”Price” field will be filled with the most latest valuation {Fantom (FTM)|(FTM) Fantom} was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of FTM you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of FTM.

If you're glad, click on “Buy FTM”. Your plan will be filled as soon as a Seller sells their FTM for the price you introduced.

Step 5 – Withdraw {Fantom (FTM)|(FTM) Fantom}

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended time period. In order to withdraw your {Fantom (FTM)|(FTM) Fantom}, hover over the tab called “Funds” and click on “Withdraw”. {Fantom (FTM)|(FTM) Fantom} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Fantom (FTM)|(FTM) Fantom} by using the given drop-down box. Put into the quantity of {Fantom (FTM)|(FTM) Fantom} you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully bought and stored Fantom (FTM) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Fantom (FTM)|(FTM) Fantom} is stored in your wallet, you're done.

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