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Announcements > News > Phemex Enables Fantom Mainnet for Deposits and Withdrawals >

Phemex Enables Fantom Mainnet for Deposits and Withdrawals

Author: Alan W. Date: 2022-04-06 12:01:28

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Dear Users,

Since November 2021, Phemex has enabled spot trading for Fantom (FTM) – a highly scalable and decentralized smart contract platform that uses a unique aBFT consensus mechanism to achieve immense transactional efficiency. Phemex also supports deposits and withdrawals on the Fantom mainnet. Moving forward, we remain excited about developments for Fantom and will be looking to list more projects built within the Fantom ecosystem.

About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in seconds and cost just a few cents. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

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