Fantom is a decentralized blockchain network that serves as a permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets. It offers an alternative to Ethereum by providing faster transaction speeds and significantly lower gas fees.
This guide will walk you through the process of adding the Fantom Opera network to your MetaMask wallet. Once set up, you’ll be able to send, receive, store, and stake Fantom’s native cryptocurrency, FTM. The process is quick, user-friendly, and requires no technical expertise.
Accessing Your MetaMask Wallet
Before you can add a new network, ensure you have a MetaMask account installed and set up. You can download the browser extension for free from the official Chrome Web Store or other supported browsers.
During the initial setup, you will generate a unique 12-word recovery phrase. Store this phrase securely offline, as it is essential for recovering your wallet. Once installed, enter your password on the login screen and click “Unlock” to access your wallet.
Adding a New Network to MetaMask
By default, MetaMask only includes the Ethereum Mainnet. To interact with other blockchains like Fantom, you need to add them manually.
To begin, click the network selection dropdown at the top of your MetaMask interface—usually labeled “Ethereum Mainnet.” Then, select “Add Network.” You’ll be redirected to a form where you can enter the new network’s parameters.
Alternatively, you can navigate to Settings > Networks > Add a Network.
Configuring the Fantom Opera Network
You’ll need to enter the following Fantom Opera network details exactly as provided below:
- Network Name: Fantom Opera
- New RPC URL: https://rpc.ftm.tools/
- Chain ID: 250
- Currency Symbol: FTM
- Block Explorer URL: https://ftmscan.com/
Double-check each entry for accuracy. If any field is incorrect, MetaMask will display an error. Once all details are entered, click “Save.” The Fantom network will now be available in your list of networks.
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Sending and Receiving FTM Tokens
After successfully adding the Fantom network, MetaMask will automatically switch to it. The network name “Fantom Opera” will appear at the top of your wallet.
To receive FTM tokens, share your public wallet address with the sender. Always confirm you are on the correct network before initiating any transaction. You can purchase FTM on major cryptocurrency exchanges and transfer them to your MetaMask wallet for staking or holding.
Fantom Opera Network Parameters
For quick reference, here are the Fantom mainnet settings:
- Network Name: Fantom Opera
- RPC URL: https://rpc.ftm.tools/
- Chain ID: 250
- Symbol: FTM
- Block Explorer URL: https://ftmscan.com/
Frequently Asked Questions
Why should I use the Fantom network?
Fantom offers faster and cheaper transactions compared to Ethereum. It is ideal for users who frequently interact with dApps, engage in DeFi activities, or want to avoid high gas fees.
Is it safe to add custom networks like Fantom to MetaMask?
Yes, as long as you use the correct and official network parameters. Always verify RPC URLs and Chain IDs from trusted sources like the project’s official website or documentation.
Can I use the same wallet address on different networks?
Yes, your Ethereum address works across all EVM-compatible networks like Fantom. However, assets are network-specific, so ensure you are on the right network when managing funds.
What if I entered wrong network details?
Incorrect details may prevent you from accessing the network or making transactions. You can edit or remove the network via Settings > Networks and re-add it with the correct information.
How do I switch back to Ethereum after adding Fantom?
Click the network dropdown at the top of MetaMask and select “Ethereum Mainnet” or any other previously added network.
Where can I buy FTM tokens?
FTM is available on most major cryptocurrency exchanges. You can purchase it there and withdraw it to your MetaMask wallet address once the Fantom network is configured.
Conclusion
The Fantom Opera Network is a scalable and efficient blockchain platform that supports a wide range of decentralized applications and financial services. Its low transaction costs and high throughput make it an attractive option for Ethereum users seeking alternatives.
By following this guide, you can easily integrate Fantom into your MetaMask wallet and start using FTM tokens. The network also supports popular dApps like SpookySwap, SpiritSwap, and Curve, offering various staking and liquidity opportunities.
Remember, MetaMask supports many other EVM-compatible networks, including Polygon, Binance Smart Chain, and Harmony. Always prioritize security: verify network details, safeguard your recovery phrase, and only interact with trusted platforms.