Klaytn describes itself as a “metaverse blockchain”, combining features of both public and private blockchains to provide a fast, decentralised, and scalable environment for creators and players. Let’s explore how to purchase its native KLAY coin and what its role is.
How to Buy Klaytn in 3 Simple Steps
1. Choose a broker or exchange
To start with, you’ll need to decide where you want to buy KLAY from. While there are many crypto brokers and exchanges available, the safest option is to choose a regulated and reputable platform. Read more about what to look for in the next section, or simply follow the link below to register with our best recommendation.
Most Popular
1
Min. Deposit
$1
Promotion
User Score
10
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
Click on the “Join Now” button to create your account. You’ll need to provide an email address, and regulated platforms will often ask for a photo ID and/or proof of address to verify your account. With that done, you can go to the deposit page and fund your account through a payment method such as credit card or PayPal.
3. Buy Klaytn
Look for the trading pair to buy KLAY with your local currency. You may have to purchase another currency first, such as BTC or USDT, if this isn’t an option. Enter how much you wish to purchase in a buy order. Use a limit order to buy at a specified future price, or a market order to buy immediately at the current price.
It’s a good idea to do some research into the different platforms that offer KLAY to find the one that is the right fit for you. Some points to consider include fees, minimum deposit, and whether you want any specific features, such as leverage or copy trading. The following table provides a comparison of the best and safest platforms for buying KLAY.
Most Popular
1
Min. Deposit
$1
Promotion
User Score
10
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
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:
3
Min. Deposit
$0
Promotion
User Score
8.7
All swaps are custody-free, with no registration needed
Convert 500+ crypto assets instantly
Best exchange rates among the whole cryptocurrency market
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
Payment Methods
Full regulations list:
4
Min. Deposit
$10
Promotion
User Score
8.5
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.
Payment Methods
Credit Card, Debit Card
Full regulations list:
Things to Consider When Buying Klaytn
Every investment decision should be carefully considered, taking into account all available information before parting with your money. Some points of interest that may affect the value of KLAY are detailed below.
Metaverse Growth. Gaming has been a hugely popular and valuable industry for many years and blockchain-based metaverses bring exciting new technology and opportunities to the sector. The metaverse industry was already worth $180 billion in 2020 and research by Grayscale projects that it could one day be worth $1 trillion. Klaytn is poised to take advantage of this highly lucrative space.
High-Performance Blockchain. There are many other blockchain projects working in the metaverse sector, but most of them are built on Ethereum, the scalability issues of which can make transactions slow and expensive. On the other hand, the Klaytn blockchain is fast, low-cost, and scalable, while maintaining compatibility with Ethereum, to provide a seamless user experience.
Token Demand. At least 5 million KLAY must be staked to join the Klaytn Governance Council. The coin is also required by developers to pay transaction fees when building on the platform. If this demand increases, KLAY could become more valuable, and Klaytn’s partnerships and global expansion roadmap suggest the project may have strong growth potential.
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