Buy Klaytn (KLAY)
What is Klaytn?
Klaytn is a global Layer 1 public blockchain designed to provide an enterprise-grade, seamless experience for users and developers. It aims to power tomorrow's on-chain world by offering a developer-friendly environment with high reliability.
How does Klaytn work?
Klaytn operates on a hybrid blockchain model that combines elements of public and private blockchains. It uses a modular network structure allowing businesses to run service-oriented blockchains on its architecture. The Klaytn network comprises Core Cells (CCs) for transaction verification and execution, and Endpoint Nodes (ENs) for handling API requests. Klaytn employs an enhanced Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism for quick transaction finality, typically achieving 1-second block times.
What are the potential use cases for Klaytn?
Klaytn serves various industries with its blockchain capabilities. Key use cases include:
- Entertainment and Gaming: Supporting metaverse development and gaming platforms.
- Finance and DeFi: Enabling DeFi projects with features like yield farming and crypto-backed stablecoins.
- Healthcare and E-commerce: Facilitating healthcare services and secure transaction services in e-commerce.
- Enterprise Solutions: Allowing businesses to create custom service chains and providing tools for blockchain development.
What is the history of Klaytn?
Klaytn was developed by GroundX, a subsidiary of Kakao, South Korea's largest mobile platform. The official launch of Klaytn was in June 2019, focusing on the metaverse and creator economies. In August 2021, the Klaytn Foundation was established to support global expansion. The platform has seen significant partnerships and developments in real-world asset tokenization, enterprise adoption, and gaming ecosystems.
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Frequently Asked Questions (FAQs)
What is the current price of Klaytn (KLAY)?
The Klaytn price is $0 AUD, representing a 0% from the day prior.
Where is the best place to buy Klaytn (KLAY) in Australia?
The best place to buy Klaytn (KLAY) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Klaytn (KLAY) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Klaytn (KLAY)?
The trading volume of Klaytn (KLAY) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
How can I buy Klaytn (KLAY)?
Klaytn (KLAY) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Klaytn (KLAY)?
The current market cap of Klaytn (KLAY) is $0 AUD.
Can I convert Klaytn (KLAY) to cash?
Yes - With Coinstash you can convert your Klaytn (KLAY) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Klaytn (KLAY) are there?
The current circulating supply of Klaytn (KLAY) is 0.
Is Coinstash a safe place to buy Klaytn (KLAY) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Klaytn (KLAY) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.