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Aug 6th, 2022
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How to Enter fee in FTM

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hi this video details the cheapest way i bought phantom tokens and deposited them in my metamask wallet for defy applications on the phantom chain mainnet how i did it avoids gas fees on the ethereum network currently if i buy from a centralized exchange like gemiini im buying the erc20 version of the phantom token and if i need them on the phantom blockchain i have to bridge them from the ethereum blockchain this was costing about 20 dollars just to approve the bridge and another 40 to 50 to actually do the bridge i already made the mistake of approving the bridge on the ethereum network and paid those fees but i didnt want to pay anything else so for this process of buying phantom tokens and getting them on the phantom chain main net in the cheapest way currently possible ill need just a couple of things the first thing is the metamask wallet setup on my chrome or brave browser secondly i need either some binance coin or avalanche token available in my metamask on their respectiv

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Add the Fantom Opera Network to your Metamask Step 1: Log in to your Metamask. Login as usual. Step 2: Select Custom RPC. Click on the Ethereum Mainnet Dropdown Menu, scroll down, and click Custom RPC. Step 3: Fill the fields and Save. Network Name: Fantom Opera. New RPC Url: ChainID: 250
Network fees: Fees on the Fantom network are paid using its cryptocurrency. These fees are charged on transactions, deploying smart contracts, and creating new networks.
Phantom charges a flat 0.85% transaction fee on swaps where both assets are included in the following list: SOL. USDC. Wormhole / Portal USDC.
Connect Fantom to the Coinbase Wallet Log into the Coinbase Wallet mobile app. Simply click the Settings icon. Select Active Network, and select Fantom Opera.
To receive FTM, click the Receive button on the menu bar. The wallet will display your Opera address. Only send FTM mainnet s to this address. To receive FTM from Ethereum or Binance Chain, you can use multichain.
Connect the page with your Metamask Ethereum Wallet, choose FTM, and set the amount you want to transfer, click transfer and confirm the transaction fee. Be aware that gas fees will occur on the Ethereum or Binance Smart Chain Network.
Ledger Nano is the most popular hardware wallet and the most secure way to store your mainnet FTM and interact with dApps on Fantom. Coinbase Wallet is the wallet of the worlds biggest crypto exchange. More than 1 million users can easily store FTM and access the Fantom network.

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