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How to buy Klima DAO (KLIMA)

Learn how to buy Klima DAO (KLIMA) in our step-by-step guide.

Where to buy Klima DAO

It looks like KLIMA may not be available to purchase on an exchange in the US.

You can still purchase KLIMA by using a decentralized exchange (DEX) instead. decentralized exchanges are web applications that run on blockchains like Polygon and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase KLIMA using a decentralized exchange.
  1. Find KLIMA on a decentralized exchange and make sure Klima DAO can be traded for MATIC which is the native asset of Polygon. Popular DEXs on Polygon include QuickSwap, SushiSwap and Balancer.
  2. Buy MATIC to trade for KLIMA using an exchange like Gemini. You will need to purchase enough MATIC to swap for KLIMA as well as some MATIC to pay for transaction fees which typically cost no more than a cent.
  3. Transfer the MATIC into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade MATIC for KLIMA on the DEX of your choice, following the instructions on screen. Make sure to leave enough MATIC in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the KLIMA tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Klima DAO wallets to store your KLIMA

You can keep your KLIMA on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your KLIMA below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Klima DAO a good investment?

The KLIMA coin is an integral part of the KlimaDAO ecosystem. However, like all altcoin investments both the token and the associated protocol should be thoroughly researched before any funds are allocated. Here are a few points to consider before placing funds into KLIMA:

  • sKLIMA: For staking KLIMA in the KlimaDAO protocol, users receive the sKLIMA token in a 1:1 exchange. sKLIMA tokens then accumulate staking rewards and must be deposited when original KLIMA tokens need to be removed from the protocol. The sKLIMA token is relatively illiquid and cannot be used within other decentralized finance (DeFi) applications.
  • High staking rewards: To incentivise carbon offsetting and encourage long-term adoption, the KlimaDAO protocol offers significant APY returns for staking the KLIMA token. Although returns vary daily, the APY has been known to exceed 1000%. Rewards are distributed every 8 hours during a rebase.
  • Financial activism: KlimaDAO leverages economic mechanisms to fight the ongoing battle with climate change - one of the most prominent risks the entire population faces. According to industry-leading reports, KlimaDAO was responsible for purchasing 2% of the entire voluntary carbon market in 2021. Over 16 million tons of carbon emissions have been absorbed by KlimaDAO - the equivalent of 80 hectares of forest land. The project could be particularly attractive to those that wish to put funds to work while helping the environment.
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Today's Klima DAO price versus ATH

Compare today's price of Klima DAO ($2.92 USD) against its all-time high (ATH) price of $3,777.30 on October 24, 2021. The closer the bar is to 100%, the closer KLIMA is to reaching its ATH again.

Current price: $2.92
All time high: $3,777.30
1%
99%
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

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