The Ultimate Guide to Fantom Investing in 2024 and beyond

3 min readAug 7, 2024

How to get up to speed with Fantom and Sonic upgrade

Discover how to invest in the Fantom ecosystem, including on-ramp solutions and the latest token and NFT launches on Fantom and Sonic blockchains.

Fantom Investing: Your Gateway to the Future of DeFi and NFTs

As the blockchain landscape evolves, Fantom has emerged as a leading player, offering lightning-fast transactions and a burgeoning ecosystem. For those looking to become Fantom investors, this guide will walk you through the essentials of investing in the Fantom ecosystem, including the exciting new Sonic blockchain.

Why Invest in Fantom?

Before diving into the “how,” let’s briefly touch on the “why”

1. Speed: Fantom’s aBFT consensus mechanism enables near-instant transactions.
2. Low fees: Compared to many other blockchains, Fantom offers significantly lower transaction costs.
3. Growing ecosystem: From DeFi to NFTs, Fantom’s ecosystem is rapidly expanding.
4. Sonic innovation: The new Sonic blockchain promises even faster speeds and enhanced capabilities.

Getting Started: On-Ramp Solutions for Fantom Investing

To begin your journey as a Fantom investor, you’ll need to acquire FTM tokens. Here are some top on-ramp solutions:

Centralized Exchanges (CEXs)

— Binance
— Crypto.com
— KuCoin

These platforms allow you to buy FTM with fiat currency or other cryptocurrencies.

Decentralized Exchanges (DEXs) on Fantom

— SpookySwap
— Equalizer

To use these, you’ll need to bridge assets from another blockchain to Fantom first.

Direct Fiat On-Ramps

— Transak
— Ramp Network

These services allow you to buy FTM directly with a credit card or bank transfer.

Bridging to Fantom

If you have assets on other blockchains, use these popular bridges to move them to Fantom:
- Axelar
- Layer0 — Stargate

Exploring Fantom Investments: Tokens and NFTs

Once you have FTM in your wallet, you’re ready to explore the diverse investment opportunities in the Fantom ecosystem.

Where to Find the Latest Token Launches

1. FantomStarter: The premier launchpad for new Fantom projects.
2. Fantom Foundation Website: Official announcements of partnerships and new projects.

Top NFT Marketplaces on Fantom

PaintSwap: A popular marketplace for Fantom-based NFTs.

Sonic Ecosystem: The Next Frontier for Fantom Investors

As a Fantom investor, keeping an eye on the Sonic blockchain is crucial. Here’s how to stay informed:

1. Sonic Labs Twitter: The official source for updates and new project announcements
2. FantomStarter Sonic Launchpad: Exclusive launches for projects building on Sonic.
3. Fantom Discord: Join the official Fantom Discord for real-time updates on Sonic developments.

Tips for Successful Fantom Investing

1. Diversify: Spread your investments across different projects and asset types.
2. DYOR: Always conduct your own research before investing.
3. Stay Informed: Follow official Fantom and Sonic social media channels for the latest updates.
4. Secure Your Assets: Use a hardware wallet for long-term storage of your Fantom investments.

Conclusion: Becoming a Fantom Pioneer

Investing in the Fantom ecosystem offers exciting opportunities for those willing to explore this dynamic blockchain landscape. By leveraging the right on-ramp solutions and staying informed about the latest token and NFT launches across both Fantom and Sonic networks, you can position yourself as a true Fantom investing pioneer.