What is the purpose of Fantom coin?

Moreover, FTM's versatility extends to its use in covering transaction fees on Fantom. By leveraging FTM for fee payments, users can enjoy cost-effective and swift transactions, making the Fantom network an attractive destination for developers and users alike.

The integration of FTM into Fantom's diverse use cases underscores the token's importance in driving the platform's growth and adoption. As Fantom continues to evolve, FTM's role as the network's lifeblood will become increasingly significant, fostering innovation and collaboration within the community.

Fantom presents itself as a pioneering smart-contract platform, designed to tackle the scalability issues that plague numerous blockchains. Its innovative approach lies at the heart of its Lachesis consensus mechanism, a unique system tailored to enhance efficiency and throughput.

Amidst the thriving cryptocurrency landscape, BTCC stands out as a premier exchange, offering a comprehensive suite of services tailored to meet the diverse needs of traders and investors. BTCC's robust infrastructure and commitment to security have earned it a reputation as a trusted player in the industry.

At the core of Fantom's ecosystem stands FTM, the network's native token. This digital asset serves a multifaceted role, integral to the functioning of the platform. FTM is instrumental in incentivizing network participants through staking, empowering users to participate in governance decisions via voting, and facilitating seamless payments within the Fantom ecosystem.