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Klaytn KLAY Price

$0.133

-0.93%

$0.132

24h Range

$0.135

Market Cap

$0

Fully Diluted Valuation

$776,113,953.8

24 Hour Trading Vol

$217,989.7

Circulating Supply

0

Total Supply

5,855,887,677.2

Max Supply

Info

KLAY Price Statistics

Klaytn Price

$0.133

24h Range

$0.132 - $0.135

Percent Change 1h

0.57%

Percent Change 24h

-0.93%

Percent Change 7d

2.02%

All-time high

$0

All-time low

$0

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About Klaytn

What is None (KLAY)?

None (KLAY) is the native cryptocurrency of the Klaytn blockchain, which is developed by Ground X, a subsidiary of Kakao Corporation, one of South Korea's largest internet companies. Launched in June 2019, Klaytn aims to provide a user-friendly blockchain experience, focusing on enterprise-grade solutions and decentralized applications (DApps). KLAY serves multiple purposes within the Klaytn ecosystem, functioning as both a transaction fee medium and a governance token, enabling holders to participate in protocol upgrades and decision-making processes.

Who are the Founders of None?

The primary founder of None (KLAY) is Sangmin Lee, who is also the CEO of Ground X. Under his leadership, the Klaytn project has garnered significant attention and investment, particularly in Asia. Ground X was established to create a blockchain environment that is accessible to users and businesses alike. The development team includes experts from various fields, contributing to the overall vision of Klaytn as a user-centric platform that bridges the gap between blockchain technology and mainstream adoption.

How does None Work?

None (KLAY) operates on the Klaytn blockchain, which uses a hybrid architecture combining both permissioned and permissionless elements. This design enables fast transaction speeds and a high throughput, making it suitable for enterprise applications. The Klaytn Consensus Node (KCN) plays a critical role in maintaining the network's security and integrity, utilizing the Istanbul BFT (Byzantine Fault Tolerance) consensus mechanism. KLAY tokens are used for transaction fees, rewarding validators, and facilitating smart contract interactions. The platform supports the development of DApps through its user-friendly interface, allowing developers to create and deploy applications efficiently.

Top Use Cases of None

1. Decentralized Applications (DApps): KLAY powers a variety of DApps across sectors, including finance, gaming, and social media, enhancing user engagement and transaction efficiency.

2. Enterprise Solutions: Klaytn offers tools and frameworks for businesses to integrate blockchain technology, optimizing operations and improving transparency.

3. Tokenization: KLAY facilitates the tokenization of assets, allowing real-world assets to be represented on the blockchain, thereby enhancing liquidity and accessibility.

4. Gaming Ecosystem: The platform supports gaming DApps where KLAY can be used for in-game purchases, creating a seamless experience for gamers.

5. Governance: KLAY holders can participate in governance decisions, influencing the platform's development and future direction.

How to Keep your None Safe?

1. Use Hardware Wallets: Store your KLAY in hardware wallets like Ledger or Trezor, which provide an added layer of security against online hacks.

2. Enable Two-Factor Authentication (2FA): Always activate 2FA on your exchange accounts and wallets to enhance security.

3. Be Wary of Phishing Attempts: Avoid clicking on suspicious links or providing personal information to unknown sources to prevent phishing attacks.

4. Keep Software Updated: Regularly update your wallet software and devices to protect against vulnerabilities.

5. Backup Your Wallet: Maintain secure backups of your wallet recovery phrases and private keys offline to ensure you can recover your funds if necessary.

How to Invest in Klaytn (KLAY)?

Investing in Klaytn (KLAY) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Klaytn: Once your account is funded, you can purchase Klaytn directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Klaytn (KLAY) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Klaytn using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Klaytn (KLAY) in the Long Term?

Klaytn (KLAY) is currently trading at $0.133 and exhibits good potential for future growth. Check the latest Klaytn (KLAY) price prediction.

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