how to buy Ferrum Network coin

How to Buy Ferrum Network Right Now

In this article, we will show you how to buy Ferrum Network easily. By the end of this article you would learn how to buy FRM with USD, BTC or ETH. Keep reading.

Table of Contents:

  1. What is Ferrum Network? Our review
  2. Current prices
  3. Where to buy FRM
  4. How to safely store FRM
  5. Frequently asked questions

Current Ferrum Network Price Stats

FRM Price $0.6391 USD
Price Change24h $0.0015 USD (0.24%)
24h Low / 24h High $0.6226 / $0.6907 USD
Trading Volume24h $720,283 USD
MarketCap $210,415,584 USD

What is Ferrum Network? A Review

Ferrum Network, designed by a distributed systems expert with over ten years experience at the world’s biggest tech companies, was built to address two fundamental problems impeding the mainstream adoption of cryptocurrencies: slow transaction speeds and the lack of interoperability between networks. Instead of building a standalone network, Ferrum Network leverages the values of existing blockchains and connects them to a high-speed transaction layer that enables peer-to-peer transactions of any digital asset.Ferrum Network was conceptualised in early 2018, with its testnet prototype beginning development in Q1 that year. The team were finalists at the Consensus NYC Pitch Competition in Q2 2018 and went on to raise $1.12mn in funding to sustain development across a seed round, two private sales and finally a public ICO in August 2019.The token itself was issued on the ERC-20 and BEP-2 standards.  This remains the case until their mainnet is released, following which FRM will become a native token to the mainnet.

how to buy Ferrum Network

Where and How to Buy Ferrum Network (FRM) Coin

There are 3 steps to purchasing Ferrum Network. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase FRM directly with USD. They are: .
  2. Move the Bitcoin to an Exchange that supports FRM: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the FRM/BTC trading pairs.
    At the moment, FRM is currently available for purchase with Bitcoin at bilaxy, bitmax, .
  3. Buy Ferrum Network on the Exchange: Now, you can buy Ferrum Network with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different FRM pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
bitmax FRM/BTC 5.3208 BTC B

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
bilaxy FRM/ETH 1509.2618 ETH D

How to Safely Store Ferrum Network Crypto

Once you buy Ferrum Network, the next question you'd have is "where do I store my Ferrum Networks?". It is quiet easy to store your Ferrum Network tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Ferrum Network. If Ferrum Network is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Ferrum Network for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues

Frequently Asked Questions

Question Answer
Where can I buy FRM with Dollars (USD)? You can buy Ferrum Network (FRM) with U.S Dollars on .
Where can I purchase FRM with my Bitcoin (BTC)? As of today, you can buy Ferrum Network with Bitcoin on any of the following exchanges: bitmax, .
I have Ethereum. Where can I buy FRM with ETH? Ferrum Network is available for purchase using ETH on these Crypto exchanges: bilaxy, .
How much is Ferrum Network? Right now, the price of FRM is $0.6391.
Is Ferrum Network Crypto a good Investment in 2021? Our analysis shows a possible all time high of $1.2736. So yes. FRM is a good investment.

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