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How to Buy SpookySwap (BOO) in 2022

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SpookySwap (BOO)

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24H Change

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7 DAYS CHANGE

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Author: Alice Leetham

SpookySwap is a decentralised exchange (DEX) and one of the most popular projects in the Fantom ecosystem, providing a simple and inexpensive way to swap Fantom-based coins. Let’s take a look at how to purchase SpookySwap’s BOO token and why it is proving popular.

How to Buy SpookySwap in 3 Simple Steps

1. Enable the Fantom network on your wallet

Set up a Web 3.0-compatible wallet such as MetaMask. It will be set to Ethereum by default so you will need to enable the Fantom network before sending FTM to it. You can do this by clicking on the network at the top, selecting “Add Network”, and filling in the boxes with the network details listed here.

2. Buy Fantom

Sign up with a broker or exchange that offers FTM. A regulated and reputable platform is the safest place to buy FTM. You will need to fill in your details on the registration form and possibly provide a photo ID for verification as well. To do this now, you can register with our top recommended platform below.

Most Popular

1

Min. Deposit

$10

Promotion

User Score

10

Accepts customers from the USA

Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.

Trade on the world's leading social trading and investing platform

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Description:

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Payment Methods
Bank Transfer, Wire Transfer

Full regulations list:
CySEC, FCA

3. Swap Fantom for SpookySwap on Zapper

Send your FTM to your wallet by copying your wallet address and pasting it into the “Withdrawals” section of your exchange. Now head over to Zapper, click “Connect Wallet” and grant Zapper access to it. In Zapper’s Exchange tab, set the “From” currency as FTM and the “To” currency as BOO to make your swap.

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Where to Buy SpookySwap?

To buy BOO on Zapper you will first need to purchase some FTM to swap for it. There are a number of platforms that offer FTM but it is worth considering their fee structures and what features they provide before selecting one. To make things simpler, we’ve already shortlisted the top places to buy FTM below.

Most Popular

Min. Deposit

$10

Promotion

User Score

Accepts customers from the USA

Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.

Trade on the world's leading social trading and investing platform

Start Trading

Description:

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Payment Methods

Bank Transfer, Wire Transfer

Full regulations list:

CySEC, FCA

Min. Deposit

Promotion

User Score

9.3

Nexo is the world's largest and most trusted lending institution in the digital finance industry

Available in 200+ jurisdictions

Earn daily interest on your crypto

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Description:

Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.

Payment Methods

Full regulations list:

Min. Deposit

$10

Promotion

User Score

8.7

Secure, Professional & User-First

All-round security protection

100% reserve guarantee and has a legal license of digital asset

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Description:

Founded in December 2017, CoinEx is a global and professional cryptocurrency exchange service provider. CoinEx supports multiple languages and are providing global trading services in nearly 100 countries/regions.

Payment Methods

Bitcoin

Full regulations list:

Min. Deposit

Promotion

User Score

8.5

The world's largest cryptocurrency exchange with over 2bn daily users

Innovative trading platform offering enormous range of crypto coins

Supports over 60 methods of payment including PayPal

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Description:

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

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Full regulations list:

Min. Deposit

Promotion

User Score

7.9

Licensed Digital Asset Exchange

Multiple Order & Execution Types

Custody Services

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Description:

The Gemini mobile app is the safe, trusted way to build your crypto portfolio. Buying, storing, and selling crypto has never been easier.

Payment Methods

Full regulations list:

Things to Consider When Buying SpookySwap

Always do your own research before parting with your money. If you’re not sure where to start, here are some factors you might want to consider before making a SpookySwap investment.

Strong Endorsements. SpookySwap is endorsed and supported by the Fantom Foundation and has been fully audited by CertiK. It has also seen impressive support from the community, becoming one of the most popular projects on the Fantom network and the Fantom project with the most value locked into it.
Low-Cost Services. While Ethereum-based DEXs suffer from high gas costs, SpookySwap entices users by leveraging the much lower fees on Fantom. It also lets users bridge assets from other blockchains and provides other features such as farms, staking pools, and non-fungible tokens (NFTs).
Token Benefits. BOO functions as a governance token, giving users the chance to make decisions about the project’s future. There is a finite number of BOO and a portion of SpookySwap fees are used to buy BOO which is used to pay rewards to those that stake BOO. This system could make BOO more valuable as SpookSwap becomes more successful.

Want to find more hidden gems in the Fantom ecosystem? Check out our top 5 Fantom projects to invest in!