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How to Buy Tarot (TAROT) in 2022

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Tarot (TAROT)

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Author: Alice Leetham

Tarot is a decentralised lending protocol built on the Fantom blockchain that facilitates the non-custodial lending and borrowing of tokens using crypto as collateral. This page will explain how to buy the protocol’s TAROT token and why it has value.

How to Buy Tarot in 3 Simple Steps

1. Enable the Fantom network on your wallet

Start by installing a Web 3.0 wallet such as MetaMask. It will use the Ethereum network by default so you will need to click on the network and then “Add Network” in order to enable the Fantom network. You will be taken to a page where you can fill in the details of the network you want to add, which can be found here.

2. Buy Fantom

You will need FTM before you can buy TAROT so find a broker or exchange that offers it. Fill in your details on the registration form, provide a photo ID if necessary to verify your account, and then make a deposit and buy some FTM. A regulated and reputable platform will be the best option and our top recommendation is 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 Tarot on Zapper

Go to the withdrawals section of your platform and paste in the address of your wallet in order to send your FTM to your wallet. Next, head over to Zapper, click “Connect Wallet”, and grant access. Now click the Exchange tab on Zapper and set the “From” and “To” currencies as FTM and TAROT respectively to make your swap.

Where to Buy Tarot?

To get hold of TAROT, you need to start by finding a broker or exchange that offers FTM and there are several to choose from. It is wise to consider their security, fees, and what features they offer before making your choice. We’ve already shortlisted the top platforms that offer FTM to help you get started.

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

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.

Payment Methods

1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click

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Full regulations list:

Min. Deposit

Promotion

User Score

8.7

App Available

Supports Multiple Altcoins

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Description:

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Payment Methods

Full regulations list:

Min. Deposit

$10

Promotion

User Score

8.5

Secure, Professional & User-First

All-round security protection

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

Start Trading

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

7.9

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

Start Trading

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:

Things to Consider When Buying Tarot

You should be well informed about a project before deciding to invest in it. Here are a few things for you to consider that might affect the value of TAROT.

Competitive Fees. There is a very low fee for borrowing on Tarot and no fees for lending. What’s more, Tarot is built on the Fantom network where gas fees are extremely low. This is in stark contrast to Ethereum where gas fees can skyrocket and make it uneconomical to use Tarot’s Ethereum-based competitors.
Attractive Earning Opportunities. Tarot users benefit from the ability to lend crypto without suffering from impermanent loss. Meanwhile, borrowers have the opportunity to earn more tokens through leveraged yield farming. There are also lending aggregators that let users stake tokens to earn yield across multiple lending pools through automated strategies.
Token Benefits. TAROT is a governance token, letting holders vote on key parameters such as interest rates, fee rates, and the distribution of fees. It can also be staked to receive TAROT rewards, enhanced yield, and other benefits. With a finite supply of TAROT, the growth of the project and its user base could see the token become more valuable in the future.

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