Fantom (FTM) has emerged as one of the most promising smart contract platforms in the blockchain space, offering lightning-fast transactions, low fees, and strong support for decentralized applications (dApps). If you're in Canada and looking to buy Fantom, you're in luck—several trusted crypto exchanges offer FTM trading with CAD support. This guide walks you through the top platforms, step-by-step purchasing instructions, secure storage options, and key insights about Fantom’s potential as an investment.
Whether you're a beginner or an experienced trader, this comprehensive overview ensures you can confidently enter the Fantom ecosystem.
Why Fantom (FTM) Is Gaining Popularity
Fantom is an EVM-compatible blockchain designed to solve the blockchain trilemma—balancing decentralization, scalability, and security—without compromising speed or cost. Launched in 2019, its mainnet OPERA uses a unique consensus mechanism called Lachesis, a leaderless Proof-of-Stake (PoS) protocol based on Asynchronous Byzantine Fault Tolerance (aBFT) and Directed Acyclic Graph (DAG) technology.
This architecture allows Fantom to confirm transactions in under one second with negligible fees—making it highly attractive for developers and users alike. With growing adoption across DeFi, NFTs, and cross-chain applications, FTM has become a key player among Ethereum alternatives.
Core Keywords:
- Buy Fantom Canada
- Fantom FTM exchange
- FTM staking
- Canadian crypto exchanges
- How to buy FTM
- Store Fantom securely
- FTM investment potential
- EVM-compatible blockchain
Top 5 Crypto Exchanges to Buy Fantom (FTM) in Canada
1. Wealthsimple Crypto
Wealthsimple Crypto is ideal for beginners seeking a user-friendly interface and reliable service. As part of Canada’s largest robo-advisor, it offers over 50 cryptocurrencies, including Fantom (FTM), Ethereum (ETH), Uniswap (UNI), and Curve (CRV).
You can fund your account via electronic funds transfer (EFT), and while trading fees are relatively high at 2%, the platform compensates with strong security measures and regulatory compliance.
New users can take advantage of a **$25 bonus** when purchasing $150 or more in cryptocurrency.
2. Newton
Newton stands out for its transparency, low fees, and intuitive design. Supporting over 70 digital assets—including FTM, AAVE, MATIC, and DOGE—Newton charges trading fees of up to 0.70%, which are baked into the price. There are no deposit or withdrawal fees for CAD, and the platform covers the first $5 of network fees.
Funding options include Interac e-Transfer, wire transfers, and crypto deposits from external wallets.
👉 See how fast and affordable crypto trading can be with real-time pricing and minimal slippage.
New customers receive a **$25 bonus** after buying $100 worth of crypto—making it one of the most rewarding entry points in Canada.
3. NDAX
NDAX caters to both novice and advanced traders with professional-grade tools such as advanced charting, multiple order types (limit, market, stop-loss), and deep liquidity. It supports more than 30 cryptocurrencies, including Fantom (FTM), Avalanche (AVAX), Shiba Inu (SHIB), and Hedera (HBAR).
Account funding is flexible: Interac e-Transfer, bank drafts, wire transfers, and crypto deposits are all accepted.
Trading fees vary based on volume and are competitive for active traders. Its clean interface and robust infrastructure make NDAX a top choice for Canadians serious about crypto investing.
4. Crypto.com
Though headquartered in Hong Kong, Crypto.com serves Canadian users seamlessly. It supports over 150 cryptocurrency pairs, including FTM, and offers additional features like staking, earning interest, and applying for a crypto-backed Visa card.
Funding methods include credit/debit cards and bank transfers. Trading fees range up to 0.40%, but users who stake the native CRO token enjoy significant discounts.
A notable perk: earn a $25 bonus when staking CRO to qualify for a Ruby-tier Visa card or higher.
5. Coinbase
Coinbase is a globally recognized exchange based in the U.S., serving over 68 million users. It lists FTM alongside more than 100 other coins and provides a secure, regulated environment for Canadian investors.
Users can fund accounts using debit or credit cards. While convenient, this method comes with higher fees—up to 0.50% per trade, plus variable deposit and withdrawal costs.
Despite the expense, Coinbase remains popular due to its reputation, insurance coverage, and educational resources.
How To Buy Fantom (FTM) in Canada – Step by Step
Follow these simple steps to acquire FTM tokens:
- Choose a Reputable Exchange: Confirm that your selected platform supports FTM trading pairs with CAD.
- Create & Verify Your Account: Complete identity verification (KYC) to comply with Canadian regulations.
- Deposit Funds: Use Interac e-Transfer, EFT, or credit card to add Canadian dollars.
- Place a Buy Order: Search for “FTM” and execute a market or limit order depending on your strategy.
- Secure Your Holdings: Transfer your FTM to a private wallet for long-term safety—especially if holding large amounts.
Leaving funds on exchanges increases exposure to hacks and operational risks.
How To Store Fantom Safely
Security should be your top priority when holding any cryptocurrency.
The best way to store Fantom (FTM) is in a hardware wallet like Ledger or Trezor, which keeps your private keys offline. These devices support Opera mainnet FTM through compatible apps like Ledger Live.
Alternatively, software wallets such as MetaMask, Trust Wallet, and Math Wallet work well for daily use—but only if properly secured with strong passwords and two-factor authentication.
⚠️ Always verify the token standard before sending FTM. Mainnet FTM operates on the Fantom Opera chain, while older ERC-20 versions exist on Ethereum. Never send mainnet FTM to an ERC-20 address.
If you still hold ERC-20 FTM tokens, use a cross-chain bridge like Multichain to convert them to native Opera FTM.
Is Fantom (FTM) a Good Investment?
Fantom has gained traction as a scalable alternative to Ethereum, especially during periods of network congestion and high gas fees. Its growing ecosystem includes major DeFi protocols like SpiritSwap, Geist Finance, and Curve forks—all contributing to rising demand for FTM.
Staking FTM offers attractive annual percentage yields (APYs), often ranging between 6%–12%, depending on the protocol. This dual utility—as both a governance and staking asset—adds long-term value.
However, like all cryptocurrencies, FTM is subject to market volatility. While its technology is solid, future performance depends on broader adoption, developer activity, and macroeconomic conditions.
Frequently Asked Questions (FAQ)
Where can I buy Fantom (FTM) in Canada?
You can purchase FTM on several Canadian-friendly exchanges, including Newton, Wealthsimple Crypto, NDAX, Crypto.com, and Coinbase.
Can I buy Fantom on Binance?
Yes, Binance supports FTM trading. However, Binance is currently not available to residents of Ontario due to regulatory restrictions.
Is it safe to keep my FTM on an exchange?
It’s safe for short-term holdings, but not recommended for large amounts or long-term storage. Always move your tokens to a secure hardware wallet.
Can I stake Fantom (FTM)?
Yes. You can stake FTM directly on the network or through various DeFi protocols to earn rewards.
What’s the difference between ERC-20 FTM and mainnet FTM?
ERC-20 FTM was the initial version issued on Ethereum. Native FTM runs on the Fantom Opera blockchain and should be used for staking and dApp interactions.
How do I convert ERC-20 FTM to mainnet FTM?
Use a trusted cross-chain bridge like Multichain or Anyswap to swap your tokens securely.
Final Thoughts
Buying Fantom (FTM) in Canada is straightforward thanks to multiple accessible exchanges offering CAD funding options. From beginner-friendly platforms like Newton and Wealthsimple to advanced venues like NDAX and global players like Coinbase and Crypto.com, investors have ample choices.
Beyond purchasing, securing your investment with proper storage—and potentially earning passive income through staking—can enhance your overall experience with the Fantom ecosystem.
As always, conduct thorough research and only invest what you can afford to lose in this dynamic and evolving market.