FantomGo Partnership with Kucoin
Through this partnership, Kucoin looks to boost adoption and will now support the Fantom Native Token in the coming weeks.
Fantom Native Token
FTM is the primary token on the Fantom network. FTM is used for securing the network through staking, for governance, for payments, and for fees.
Securing The Network — The main utility of the FTM token on Fantom is to secure the network via a Proof-of-Stake system. To participate, validator nodes need to hold a minimum of 3,175,000 FTM, and stakers need to lock up their FTM. In return for the service, both the nodes and the stakers are rewarded with epoch rewards and fees.
fantomGO
fantomGO is an ecosystem builder that enables the next generation of decentralized projects on Fantom. The platform helps innovators build, launch, and scale their ideas building tomorrow, today.
KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 500 digital assets. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the third biggest crypto exchange. In 2021, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021.
