Fasttoken Price
FTN
How Much is 1 Fasttoken (FTN)
Convert FTN to your currency
Last Updated on Dec 20, 2025 07:23 AM
What is Fasttoken?
About the coin
FTN is the native coin of Bahamut, a public, layer 1 EVM-based blockchain solution. It was originally an ERC20 token within the SoftConstruct and Fastex ecosystems. Following the launch of the Bahamut mainnet on May 3, 2023, FTN became its native coin, initiating a migration process from Ethereum to Bahamut.
Main features
The standout feature of Bahamut is its PoSA consensus, which stands for Proof of Stake and Activity. This consensus mechanism introduces innovative ways for businesses to monetize their user base while maintaining the integrity and transparency of the web3 space. The PoSA consensus is unique in that it factors in the amount of gas spent by users interacting with validator-deployed smart contracts, influencing the likelihood of a validator becoming a block producer in future epochs.
How it works
FTN serves multiple purposes within its ecosystem. It is utilized as a gaming token across various providers and acts as the native coin for the Bahamut network. The infrastructure of Bahamut is continually expanding, with plans to introduce decentralized exchanges, various applications, bridge services, and other essential components by the end of the year. Additionally, the Bahamut grant program is underway, inviting participation from those interested in contributing to a decentralized future.
Wallet for Fasttoken
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Tangem supports networks for Fasttoken
- Ethereum
- Bnb Smart Chain
- Arbitrum One
- Base
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Fasttoken FAQ
- Fasttoken is a digital currency powered by blockchain technology. It allows users to send value, access decentralized tools, and participate in the project’s ecosystem.
- Fasttoken stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- Yes. FTN is the trading symbol used to identify Fasttoken on exchanges and charts.
- You can buy Fasttoken using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Use a cold storage solution to protect Fasttoken from online threats. Tangem keeps your keys isolated in a secure offline chip.
- Fasttoken operates on theBahamut blockchain, which utilizes the Proof of Stake and Activity (PoSA) consensus algorithm. In PoSA, validators, who validate transactions and blocks, stake a fixed amount of tokens to participate in the consensus process.
- Fasttoken (FTN) isthe native cryptocurrency of the Bahamut blockchain, a public EVM-based layer 1 solution. It serves as a utility token, enabling staking, block creation, and validation mechanisms, as well as cross-chain operations.
How to secure Fasttoken with Tangem Wallet?
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