Fantom (FTM) finally listed on Kraken!

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Hi HODLers, DeFi Degens and Fantom lovers,

As I said in previous posts, I am wiring some FIAT money into my crypto investsments to take advantage of falling prices.

As I did this into one of my CEX account on Kraken, I connected today and was pleasantly surprised by this pop-up:

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I guess this would make my life easier as I will not have to buy LTC and send it to Mandala or another exchange to convert to FTM!

I am going to celebrate this launch by buying more FTM!

Fantom is #7 in terms of TVL

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(Source: DefiLlama)

Fantom has a lot going for them:

  • low fee blockchain (<0.01$ per tx)
  • North American centric (more access to capital)
  • A large number of DeFi dapps! (SpookySwap, SpiritSwap, Beethoven, Granary...)
  • Great content creators (especially a weekly community show which recap everything happening)
  • Less scams than on other blockchains (especially compared to TRON or BSC)
  • One of the lowest valuation for a chain! #7 in TVL but #60 in Market Cap!

Honestly, I do not understand why it is so cheap but I love it as I keep putting strategies in place to lower my risk and achieve great APYs!

Which other crypto listing on Kraken would make my life easier?

Well, obviously HIVE! For the same simple reason... Now I have to go through a Binance affiliate project (Mandala) in order to buy HIVE and wire it to my Hive account.

Stay safe out there,

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Posted Using LeoFinance Beta



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4 comments
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One of the lowest valuation for a chain! #7 in TVL but #60 in Market Cap!

I think Fantom is undervalued. It is one of the hidden gems that has been put into second place by many De-Fi lovers. To be honest, I could not explore it yet. However, the next target will be jumping into Fantom ecosystem ✌🏼

Posted Using LeoFinance Beta

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