How to Buy Feathercoin Crypto (FTC)

What is Feathercoin (FTC)?

According to Coingecko, Feathercoin is : Feathercoin (FTC or ₣) is an open source cryptocurrency, published under the license of MIT / X11.1, based on the <a href="https://www.coingecko.com/en/coins/litecoin">Litecoin</a> protocol. On 16 April 2013 Feathercoin successfully forked from Litecoin by the creation of its genesis block. As a cryptocurrency, creation and transfer of coins is based on an open source cryptographic protocol (the blockchain) and is not managed by any central authority. The hashing algorithm chosen for Feathercoin was the Proof-of-Work NeoScrypt, which had premiered on Phoenixcoin. <a href="https://www.coingecko.com/en?hashing_algorithm=NeoScrypt&view=market">NeoScrypt</a> is 25% more memory intense, which makes it less feasible to create ASICs for it. The main programmer is Peter Bushnell, at the time running the information technology for the Brasenose College of Oxford University. He explained his motivation for developing the coin in an interview with Vitalik Buterin. One month after launching Feathercoin, Peter Bushnell left his job as head of IT at the Brasenose College of Oxford University and lived off his Litecoin savings. Feathercoin was launched on 16th April 2013 and as developed by Peter Bushnell. It was forked from Litecoin, with the aim of making Feathercoin what Litecoin was supposed to be: a faster, more secure, and stable version of <a href="https://www.coingecko.com/en/coins/bitcoin">Bitcoin</a>. The consensus mechanism is based on the Proof of Work (PoW) concept. The Feathercoin network runs on the NeoScrypt hashing algorithm, making it much easier and faster to mine. Feathercoin enjoyed rapid adoption by users soon after its launch, gaining immense popularity, and establishing itself as a worthy contender in a BTC/LTC dominated market. Feathercoin can be mined using either processors (CPUs) or graphics cards (GPUs). Due to the hashing algorithm of FTC, it cannot be mined with an ASIC card. Mining software is available for download at their official site. Wallets for FTC can be found over at their official website, including both desktop and mobile wallets.. While the paper money you are used to carrying around is (or can be) stored in a physical wallet, cryptocurrencies, like all digital currencies, have to be stored in a software-based digital wallet. Although you will find links to feathercoin wallets throughout the web, the only safe way to know that you're downloading the latest and correct version is by scrolling to the bottom of the coin's official home page and selecting the button for your particular operating system. Feathercoin wallets are available for Android, Linux, macOS and Windows platforms.

Where can I buy FTC Crypto?

The best website to buy Feathercoin is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Feathercoin on Simpleswap

To buy Feathercoin on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select FTC, just like in this example:

Once you selected the currency you want to pay in, and FTC, you need to paste your respective wallet address where you want to receive your FTC.

With Simpleswap, you'll receive your Feathercoin directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.