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How to buy Klaytn (KLAY) in the US
A beginner's guide to buying and selling KLAY in the US.
How to buy Klaytn
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Klaytn.
- Open an account on an exchange that supports KLAY.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Klaytn.
- Buy Klaytn.
Complete your Klaytn purchase and then find the best wallet to store KLAY.
What is Klaytn?
Klaytn is an enterprise-grade blockchain platform designed for the building and distribution of decentralized applications. According to Gemini, the blockchain is comparable to Ethereum and focuses on developing a flexible platform for developers so that businesses can build service-focused blockchains on top of the Klaytn mainchain. The service-focused blockchains are referred to as Service Chains and allow any service-based application to utilize blockchain technology.
The KLAY token is the fuel and security of the Klaytn network. It is used for transaction fees when a decentralized application creates or executes a smart contract on the network. KLAY tokens are also distributed to contributors of the network.
Klaytn (KLAY) is the 49th largest cryptocurrency in the world by market cap, valued at $3,830,957,062. The current price of Klaytn is $1.52, which is -7.752% lower than yesterday. Prices have ranged between $1.68 and $1.48 over the past 24 hours. All prices are listed in US dollars and accurate as of October 27, 2021 12:10 UTC.
Where to buy Klaytn
Find an exchange to buy, sell and trade KLAY by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Klaytn?
The technical analysis gauge for Klaytn displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Klaytn based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Klaytn: moving averages, oscillators and pivots. Finder is not responsible for how KLAY performs.
Klaytn at a glance
|All time high||US$4.34|
|Notable team members||Jaesun Han|
|Partnerships||Korea Economic Daily, Chainlink|
|Token uses||Utility token|
Klaytn price performance over time
How to sell Klaytn
You can cash out your KLAY with the same exchange you bought it through:
- Sign in to the exchange you have KLAY on.
If you store your Klaytn in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of KLAY you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Klaytn.
What to consider when buying KlaytnWhile they do offer potential rewards, cryptocurrency purchases should be considered carefully, and you should evaluate the use of both the token and the associated platform. Before purchasing KLAY, users should research the following:
- Distribution: The Klaytn project was primarily focused on the adoption of cryptocurrency in South Korea, with the majority of tokens being distributed there. At one stage, the majority of KLAY was held by a small number of contributors, however, the project is now expanding globally.
- Adoption: Although the mainnet blockchain has been running since 2019, due to a lack of focus on marketing, Klaytn is a relatively unknown project, only recently coming into the limelight. Global adoption of Klaytn is still yet to be witnessed.
- Governance: The Klaytn project, and by association the KLAY token, is governed by multinational corporations rather than a decentralized system. This means that any developments for the protocol or the distribution of KLAY tokens lies with them rather than the users of the ecosystem.
Klaytn (KLAY) in news
Bitcoin price dip matches October 2017 with BTC ‘explosion’ still forecast before 2022
Cryptocurrency market sells off as dog-themed memecoins remain hot
Privacy or policy? Why Facebook's crypto wallet Novi is facing resistance
Disclaimer: Cryptocurrencies, including Klaytn, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KLAY is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Klaytn or any other cryptocurrency discussed.
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