Binance Users Can Now Auto Invest in Fantom’s FTM

Leading cryptocurrency exchange Binance has announced adding support for Fantom’s FTM token within its auto-investing feature. With the latest feature, users can automatically use a dollar-cost averaging strategy to invest in FTM. Auto-Investing FTM on Binance Binance users can now use its auto-invest feature for Fantom blockchain’s native FTM. Auto-Invest is a dollar-cost averaging (DCA) investment strategy that allows users to automate their crypto investment while earning passive income at the same time. The exchange initially launched the auto-investing feature back in November 2021 as part of its Binance Earn suite. At the time of the launch, the feature only supported Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB). Since then, the platform went on to add other cryptocurrencies as well including Solana, Polkadot, Cardano, Algorand, Terra, Litecoin among others. According to Binance, by the end of 2021, there were more than 100,000 auto-invest plans with a total trading volume above $10 million, indicating the popularity of the feature. Fantom Surpassed Binance Smart Chain Fantom officially surpassed Binance Smart Chain (BSC) in terms of TVL in defi protocols last month. As of January 24, Fantom held a total of $11.73 billion in TVL. While FTM is mostly traded on decentralized exchanges, there are several top centralized exchanges that also offer FTM which includes Binance’s 48.96% share followed by Okex with 20.81%....