Convert and swap Fantom FTM to Indian Rupee INR

FTM/INR: 1 Fantom equals ₹56.16 INR

Fantom (FTM) is not tradable on Coinbase.

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Last update: 8:38 AM, September 25, 2024

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Fantom market latest

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Fantom is climbing this week.

The current price of Fantom is ₹56.16 per FTM. With a circulating supply of 2,803,634,835.527 FTM, it means that Fantom has a total market cap of ₹157,280,178,780.58. The amount of Fantom traded has risen by ₹27,243,304,221.55 in the last 24 hours, which is a 103.74% increase. Additionally, in the last day, ₹26,260,620,329.01 worth of FTM has been traded.

₹157.3B
₹26.3B
2.8B FTM

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About Fantom

Fantom is a decentralized smart contract platform that aims to address the limitations of previous generation blockchains by balancing scalability, security, and decentralization. It was created as an alternative to Ethereum and uses its own unique consensus algorithm, known as Lachesis. The platform is powered by its native utility token, FTM, which is used for payments, network fees, staking, and governance. Fantom was founded by South Korean computer scientist Dr. Ahn Byung Ik and is overseen by the Fantom Foundation. The platform's mainnet, OPERA, was launched in December 2019.

Fantom operates using a unique consensus mechanism known as Lachesis, which is an asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism. This mechanism allows for efficient transaction processing, with thousands of transactions per second being settled in 1-2 seconds at a fraction of a cent per transaction. The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security. Fantom also features an application development layer, Opera, which hosts decentralized applications (DApps) and supports the Solidity programming language, allowing users to interact seamlessly with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

Fantom aims to facilitate decentralized finance (DeFi) and related services on the basis of smart contracts. It provides a set of tools to simplify the process of integrating existing DApps and offers a detailed staking reward system. Fantom also features on-chain governance where users can vote with FTM tokens. The platform's high transaction speed and low cost make it suitable for a wide range of applications, from financial services to gaming and NFTs. Furthermore, Fantom's commitment to sustainability and low energy consumption makes it an attractive choice for developers looking to build eco-friendly applications.

Fantom was created in 2018 by Dr. Ahn Byung Ik, a South Korean computer scientist. The Fantom Foundation, which oversees the platform, was also established in the same year. The mainnet of Fantom, known as OPERA, was launched in December 2019. Since its inception, Fantom has strived to overcome the limitations of previous generation blockchains by focusing on scalability, security, and decentralization. The platform has attracted a global team of specialist engineers, scientists, researchers, designers, and entrepreneurs. Through token sales in 2018, Fantom raised almost $40 million to fund its development.

How Fantom and Indian Rupee differ

Fantom and the Indian Rupee are fundamentally different in their nature and functionality. Fantom, a decentralized smart contract platform, aims to address the limitations of previous generation blockchains by balancing scalability, security, and decentralization. It operates on a unique consensus algorithm, Lachesis, and its native utility token, FTM, is used for payments, network fees, staking, and governance. On the other hand, the Indian Rupee is a traditional, centralized fiat currency regulated by the Reserve Bank of India. Unlike Fantom, it doesn't rely on blockchain technology or a consensus algorithm for its operation. Fantom's potential use cases extend to decentralized finance, gaming, and NFTs, facilitated by its high transaction speed and low cost. In contrast, the Indian Rupee is primarily used for traditional financial transactions within India's economy. Furthermore, Fantom's commitment to sustainability and low energy consumption distinguishes it from traditional currencies like the Indian Rupee, which don't inherently factor in environmental considerations.

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FTM to Indian Rupee conversion tables

The exchange rate of Fantom is increasing.

The current value of 1 FTM is ₹56.16 INR. In other words, to buy 5 Fantom, it would cost you ₹280.81 INR. Inversely, ₹1.00 INR would allow you to trade for 0.0178 FTM while ₹50.00 INR would convert to 0.8903 FTM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 17.86%. Meanwhile, in the last 24 hours, the rate has changed by 4.01%, which means that the the highest exchange rate of 1 FTM to Indian Rupee was ₹59.73 INR and the lowest 24 hour value was 1 FTM for ₹51.55 INR. This time last month, the value of 1 FTM was ₹40.97 INR, which is a 36.43% decrease from where it is now. Looking back a year, Fantom has changed by ₹15.72 INR.

FTM to INR performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
₹53.65 INR
4.01%
₹47.40 INR
17.86%
₹40.97 INR
36.43%
₹15.72 INR
250.82%

FTM to INR

Amount
Today at 8:38 am
0.5 FTM
₹28.08
1 FTM
₹56.16
5 FTM
₹280.81
10 FTM
₹561.61
50 FTM
₹2,808.05
100 FTM
₹5,616.10
500 FTM
₹28,080.50
1,000 FTM
₹56,161.00

INR to FTM

Amount
Today at 8:38 am
0.5 INR
0.0089 FTM
1 INR
0.0178 FTM
5 INR
0.0890 FTM
10 INR
0.18 FTM
50 INR
0.89 FTM
100 INR
1.78 FTM
500 INR
8.90 FTM
1,000 INR
17.81 FTM

Today vs. 24 hours ago

Amount
Today at 8:38 am
24 hours ago
24H Change
0.5 FTM
₹28.08
₹26.84
+4.62%
1 FTM
₹56.16
₹53.68
+4.62%
5 FTM
₹280.81
₹268.40
+4.62%
10 FTM
₹561.61
₹536.80
+4.62%
50 FTM
₹2,808.05
₹2,684.01
+4.62%
100 FTM
₹5,616.10
₹5,368.02
+4.62%
500 FTM
₹28,080.50
₹26,840.09
+4.62%
1,000 FTM
₹56,161.00
₹53,680.19
+4.62%

Today vs. 1 month ago

Amount
Today at 8:38 am
1 months ago
1M Change
0.5 FTM
₹28.08
₹20.45
+37.28%
1 FTM
₹56.16
₹40.91
+37.28%
5 FTM
₹280.81
₹204.54
+37.28%
10 FTM
₹561.61
₹409.09
+37.28%
50 FTM
₹2,808.05
₹2,045.43
+37.28%
100 FTM
₹5,616.10
₹4,090.85
+37.28%
500 FTM
₹28,080.50
₹20,454.26
+37.28%
1,000 FTM
₹56,161.00
₹40,908.51
+37.28%

Today vs. 1 year ago

Amount
Today at 8:38 am
1 year ago
1Y Change
0.5 FTM
₹28.08
₹7.92
+254.45%
1 FTM
₹56.16
₹15.84
+254.45%
5 FTM
₹280.81
₹79.22
+254.45%
10 FTM
₹561.61
₹158.45
+254.45%
50 FTM
₹2,808.05
₹792.23
+254.45%
100 FTM
₹5,616.10
₹1,584.46
+254.45%
500 FTM
₹28,080.50
₹7,922.30
+254.45%
1,000 FTM
₹56,161.00
₹15,844.61
+254.45%

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