Interested in purchasing Fantom (FTM) in Vietnam? We’ve handpicked the best exchanges, including Bybit, where you can invest in Fantom securely and benefit from low trading fees.
Investing in Fantom and other cryptocurrencies has never been easier.
Simply sign up on the listed crypto exchanges, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets.
- Where to buy Fantom in Vietnam
- How to purchase Fantom in Vietnam
- How to safely store Fantom
- How to withdraw Fantom
Here's a step-by-step guide on how to buy Fantom in Vietnam.
Where to buy Fantom in Vietnam
When choosing a crypto exchange to buy Fantom in Vietnam, prioritize platforms with low transaction fees to enhance investment returns, ensure the implementation of robust security protocols to safeguard your assets, and opt for user-friendly platforms with reliable customer support and positive user feedback.
Here are the best crypto exchanges where you can purchase Fantom (FTM) in Vietnam:
Exchange | Features | Rating | |
Binance  | + A very well-known crypto exchange platform + Supports fiat-crypto acquisitions + P2P trading option | ||
Bybit  | + Very low trading fees + Helpful customer support |
How to Buy Fantom (FTM) in Vietnam in 5 Simple Steps
1. Create an account on a crypto exchange
When buying Fantom in Vietnam, the first step is selecting a reputable Fantom exchange that operates within the legal framework of the country.
Some popular platforms that allow you to buy and sell Fantom in Vietnam include Bybit and Binance.
In this tutorial, we will be using Bybit to purchase Fantom (FTM).
2. Secure your account
Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.
3. Verify your account (KYC)
After signing up for the exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process.
4. Add a payment method
Add a credit/debit card or bank account after verifying your Bybit account.
5. Buy Fantom (FTM)
Use a variety of payment options to buy Fantom (FTM) on Bybit.
After creating an account on your preferred exchange, follow these steps below to purchase Fantom:
Step 1: Make a deposit or buy Fantom (FTM) with a Credit or Debit Card
There are several methods and payment services available for funding a cryptocurrency exchange account. Choose the option that best suits your needs:
Crypto Deposit: If you opt to fund your account through a crypto deposit, you will transfer digital assets from a crypto wallet to your exchange account. Ensure you use the correct address for each supported cryptocurrency on the exchange, as using the wrong address or sending unsupported crypto may lead to a loss of funds.
Bank Deposit (Wire Transfer): Alternatively, you can fund your account through a bank deposit (commonly known as a wire transfer) using supported fiat currencies like USD, EUR, and GBP. Before initiating a bank deposit, it's essential to verify whether the exchange supports your preferred local currency.
Credit Card or Debit Card Purchase: Purchasing Fantom via credit card or debit card is not only the easiest but also arguably the most popular option.
Step 2: Go to the trading page and find the relevant crypto trading pair
After funding your Bybit account, navigate to the trading page to select the appropriate crypto trading pair. Whether you're looking to trade crypto-to-crypto or crypto-to-fiat, choosing the right pair is crucial for a successful transaction.
Note: In this tutorial, the trading pair used is BTC/USDT, but in this particular case, make sure you choose the correct one (FTM/USDT, FTM/USD, etc.).
Depending on the exchange you’re using, there should be multiple trading pairs available (a trading pair refers to two different assets that can be traded against each other; e.g., FTM/USDT).
As a rule of thumb, most crypto exchanges support both crypto-to-crypto (e.g., FTM/USDT) and crypto-to-fiat (e.g., FTM/USD) trading pairs.
Choose the right trading pair – crypto or fiat – depending on the deposit method you’ve chosen.
Step 3: Make a buy order for FTM
Decide whether to choose Market or Limit order when buying Fantom.
Here’s a brief overview of each:
“Limit” order option: set the price at which you want to buy FTM.
“Market” order option: fills out your order at the best price automatically.
If you want to buy FTM when it reaches a certain price, use the Limit order.
Enter the price you desire and the amount of FTM you want to purchase, then click the “Buy” button.
If you want to buy FTM at the latest price, click on the Market tab, then enter the amount of FTM you want to buy. The order should be done almost instantly and the coins will be added to your balance soon.
You are now a proud investor of Fantom (FTM)!
Step 4: Store your FTM
The best way to store FTM varies based on your needs and preferences.
While keeping it in your exchange account offers convenience for trading, using non-custodial Fantom wallets gives you full control over your private keys and, consequently, your assets.
Store FTM in your Bybit Account
Holding your crypto in your Bybit account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. Bybit serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own.
Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.
How to safely store your Fantom (FTM)
The crypto community widely acknowledges the rule, "Not your keys, not your coins."
If prioritizing security, consider transferring your FTM to a non-custodial wallet. Opting for a non-custodial or self-custodial wallet ensures you have full control over your private keys. This can include various types of wallets like hardware wallets, Web3 wallets, or paper wallets.
Keep in mind that this option may be less convenient if you frequently trade FTM or want to actively use your assets. Ensure the safekeeping of your private keys, as losing them could lead to the permanent loss of your FTM.
What is Fantom (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.
Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”
One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.
How to withdraw FTM
Exchanges offer straightforward methods for cashing out your FTM, allowing you to transfer your assets back into fiat currency or into another digital asset.
About VietnamVietnam, a Southeast Asian gem, shares its borders with China, Laos, and Cambodia. This diverse nation boasts a population of 99,237,470 and spans over 311,000 square kilometers. While Ho Chi Minh City stands as the largest urban center with over 3.4 million residents, Hanoi, in the north, serves as the capital. Ho Chi Minh City is the country's financial, technological, and academic hub, while Hanoi is renowned for its historical and religious sites, drawing tourists from around the world.
Vietnam is one of the fastest-growing economies in Southeast Asia, poised to compete with developed nations by 2050. The country has actively participated in various intergovernmental organizations, including ASEAN, APEC, CPTPP, and WTO, to foster its growth.
When exploring Vietnam, there are numerous must-visit destinations, such as the breathtaking Halong Bay, the historic city of Hue, the old district of Da Kao in Ho Chi Minh City, the charming old town quarter of Hanoi, the picturesque Hoi An, the coastal paradise of Nha Trang, the tranquil countryside of Sapa, and the stunning Phong Nha-Ke Bang National Park. Food enthusiasts can savor Vietnam's culinary delights, including iconic dishes like Phở, Bánh cuốn, Gỏi cuốn, Bún bò, and Bánh mì.
Vietnamese is the official language of Vietnam, and Bybit's app and website are available in Vietnamese. Bybit facilitates seamless transactions with the national currency, the Vietnam Dong (VND), allowing you to purchase Fantom (FTM) in just minutes, regardless of your location within the country, whether it's Ho Chi Minh City, Hanoi, Hue, Nha Trang, Da Nang, or Hai Phong. Bybit offers a range of secure payment options, including P2P trading, crypto deposits, and third-party merchants like Apple Pay, Google Pay, and various credit card services, ensuring a convenient trading experience for all.
Buying Fantom FAQs
Where to buy Fantom in Vietnam?
Nowadays, acquiring and securely storing Fantom (FTM) is a straightforward process with a CEX such as Bybit. You can use your debit/credit card, conduct a bank transfer, or engage in peer-to-peer trading for Fantom investing. This can be conveniently done on your computer, tablet, iOS, or Android devices.
How to purchase Fantom with a Credit or Debit Card in Vietnam?
To buy Fantom (FTM) with a credit or debit card in Vietnam, you need to choose a card and an exchange that specifically facilitates Fantom online purchases and credit card transactions such as Bybit.
How to buy Fantom with PayPal in Vietnam?
If you want to buy Fantom using PayPal, you can check if Fantom is available on your PayPal Crypto Hub or Finances section.
How to buy Fantom without KYC in Vietnam?
You can buy Fantom (FTM) without ID verification on a No-KYC crypto exchange such as MEXC.
