To get started with Fantom (FTM), download the Zengo app and set up your wallet. Choose your preferred payment method, enter the amount you want to buy, and confirm the transaction. Your FTM will be added to your wallet shortly after. Zengo partners with trusted providers like MoonPay, Transak, and Banxa to ensure secure, compliant transactions—requiring ID verification with a passport or government-issued ID.

Buying Fantom (FTM) on Zengo is typically quick—most transactions complete within minutes. Timing may vary based on your payment method, network conditions, and the exchange partner. You’ll receive a notification once it’s done, and your FTM tokens will appear in your wallet.

To keep your account secure and meet regulatory requirements, Zengo asks for identity verification before allowing Fantom (FTM) purchases. This process helps safeguard your funds and prevent unauthorized activity.

Zengo collaborates with regulated platforms that follow AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations. To purchase Fantom (FTM) or any cryptocurrency, you must be 18 or older and provide a valid ID for identity and age verification.

Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include

• Network fees (not paid to Zengo)
• Exchange fees
• Service fees (paid only to the providers).

Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.

Note: Zengo Pro users benefit from reduced service fees.

Like all cryptocurrencies, Fantom (FTM) carries market risk. Its price can fluctuate significantly, so it’s essential to do your research and understand the potential risks before investing.

Zengo provides top-notch protection for your Fantom (FTM) assets through advanced security:

• Keyless Security: Zengo employs a keyless system that uses advanced cryptography, eliminating the need for private keys to safeguard your assets.
• Multi-Layered Protection: Your account is secured with facial recognition, MPC security, and 3FA, offering robust, multi-layered protection.
• Web3 Firewall: Zengo’s Web3 Firewall offers proactive protection against phishing and malicious threats targeting your Fantom (FTM).

Zengo supports purchasing Fantom (FTM) in over 188 countries around the world. However, some countries may have restricted access to the app or specific features due to local regulations. For a full list of supported countries, visit Zengo’s website.

You can also sell or swap Fantom (FTM) on Zengo. 

To sell Fantom (FTM), you can choose the sell option on the app and enter the amount of Fantom (FTM) you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your bank account or your preferred payment method.

To swap Fantom (FTM), you can choose the swap option on the app and select the crypto asset you want to swap with Fantom (FTM) or any other asset. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped crypto asset in your Zengo wallet.