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What is FTM crypto?

  • FTM crypto currency is a native utility token of the Fantom blockchain ecosystem. FTM powers the entire Fantom, a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. FTM tokens are used for staking, governance, payments, and fees on the network.

Why should you consider Fantom loans?

  • The cryptocurrency believers can use FTM crypto as collateral in order to get the loan for different investment purposes. Here are some Fantom crypto straight points that proof its potential:
  • — FTM crypto holders can create and deploy their own independent networks instead of relying solely on Fantom’s main consensus layer;
  • — Each application built on Fantom operates on its own unique blockchain, which has the same security and speed level as the parent blockchain.

Learn more about Fantom Loans

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FAQ

What is a Fantom Loan?IconPlus
A Fantom Token loan is the loan borrowed against a FTM coin as collateral. Here’s how it works: you bring some Fantom Token to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit Fantom Token lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
How to loan Fantom Token?IconPlus
Borrowing against Fantom Token at CoinRabbit requires only a few minutes of your time. First of all, navigate to the CoinRabbit website. Choose the amount of Fantom Token you would like to use as collateral and loan currency (USDT/USDC/BUSD) in the calculator section. Confirm your stablecoin wallet address and a phone number. Finally, send your FTM collateral amount to receive the chosen stablecoin loan. Wait for a few minutes for everything to be processed.
How are Fantom Token loans secured at CoinRabbit? Is it safe?IconPlus
All loans and client money are well secured and safe at all times thanks to several security levels, internal and external security solutions, and self-developed technologies. In addition, the team's core members are aware of and accessible 24 hours a day, seven days a week in the event of an emergency.
How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus
Usually, getting an instant loan takes no longer than 15 minutes. Since there are no credit checks, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your Fantom Token transaction.

The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.
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