Klaytn is a blockchain-based operating system for smartphones. It was created by Kakao, one of South Korea’s largest internet companies, and developed to be used on both Android and iOS devices. The platform objective to provide users with an easy way to access their favorite apps from within its app store. This will allow them to use these services without downloading any additional software or paying extra fees.
The significant difference between Klaytn and other cryptocurrency is that it uses a native token called KTN which can be bought using fiat currency. Users can buy this coin through various exchanges such as Bithumb, Coinone, Korbit, etc. Once you have purchased your cash, it can then be stored in wallets like MyEtherWallet, Metamask, Ledger Nano S, Trezor, Trust Wallet, Exodus, imToken, Jaxx, Coinbase, etc.
How can I buy Klaytn
You need to register first before purchasing. After registration, click the “buy now” button at the top right corner of the page. Then select either BTC or ETH payment method. key in the amount you want to spend into the provided field, then click the ‘Purchase Now’ button.
Wait until the transaction gets confirmed and proceed further. As of writing time, the total supply of Klaytn tokens is 1 billion. Its circulating collection is currently 890 million. As per our data, the 24-hour volume of Klaytn is USD 1,843,976, while the trading volume is USD 4,741,569.
Klaytn accepts payments via PayPal. You need to enter your email and password when prompted. Click ‘Continue’ after entering details. Select ‘Payment Method: Buy Klaytn’ and follow the instructions. If everything goes well, you are sappossed toreceive a confirmation mail shortly. PayPal charges a 2% fee for each purchase made. However, if you choose to make purchases using a credit card instead, no charge would be levied.
Buying Klaytn with a credit card
Klaytn also allows buyers to complete transactions using credit cards. On the next screen, fill this required information, including name, phone number, billing zip code, country, and last four digits of your ssn. Next, click ‘Next Step’ and wait for the verification process to finish. When done, click ‘Confirm Payment’ and proceed to checkout. Your order will get processed once we confirm receipt of funds.
There is no minimum purchase limit, but you may incur higher processing fees depending upon how much you spend. For example, if you spent more than $100,000 during a single day, you might end up paying around 3%. If you do not wish to go through the entire procedure, you could always opt to place orders directly through the website.
If you prefer bank transfers over credit/debit cards, you can still buy Klaytn. Just visit klaytntoken.com/en/support/payment_methods and scroll down to find the option labeled ‘Bank transfer.’ Fill out the necessary fields and submit. A few days later, you should receive an email confirming the successful completion of the transaction. Please note that banks usually take longer to send out refunds compared to credit/debit cards.
Where to buy Klaytn
There are varous platforms where one can buy Klaytn. The most popular ones include;
Local Exchange Platforms
Local exchange platforms allow users to trade their currencies against others without going through intermediaries. They provide liquidity to traders who cannot afford to pay high spreads on centralized exchanges. These platforms offer low commissions and fast execution times. Some examples include Binance, KuCoin, HitBTC, OKEx, Huobi Global, etc.
Centralized exchanges such as Coinbase Pro, Kraken, Bitfinex, Gemini, Poloniex, GDAX, CEX.IO, etc., have been offering spot trading for since long. Their main advantage lies in providing access to large amounts of cryptocurrencies, making them attractive options for investors to diversify their portfolios. Although they tend to charge hefty fees, these services often come with other perks like margin lending or leverage.
ICOs are fundraising events conducted by startups seeking funding from crypto enthusiasts. Many ICO projects use Ethereum blockchain technology, while some even accept Bitcoin. To participate in an ICO, all you need to do is register at the project’s official site and fund your account. Once funded, you can start investing in tokens offered by the company.
These are just a handful of ways to acquire Klaytn. It is a wise idea to research each method thoroughly before making any purchases. It is our hope this article helped clear things up!