how to buy Komodo coin

How to Buy Komodo Right Now

In this article, we will show you how to buy Komodo easily. By the end of this article you would learn how to buy KMD with USD, BTC or ETH. Keep reading.

Table of Contents:

  1. What is Komodo? Our review
  2. Current prices
  3. Where to buy KMD
  4. How to safely store KMD
  5. Frequently asked questions

Current Komodo Price Stats

KMD Price $1.0950 USD
Price Change24h $0.0020 USD (0.18%)
24h Low / 24h High $1.0415 / $1.1291 USD
Trading Volume24h $4,783,895 USD
MarketCap $140,477,664 USD

What is Komodo? A Review

Komodo is a privacy-centric cryptocurrency that combines the anonymity of ZCash with the security of Bitcoin. Using a new consensus mechanism developed by the Komodo team, delayed Proof of Work, Komodo blocks can be notarized using the Bitcoin blockchain. KMD is issued through an Equihash-based PoW protocol, and the new block information is sent to pre-voted notary nodes. These nodes insert the Komodo block information on the BTC blockchain by creating a custom transaction. This system ensures that in order to "hack" komodo, one would have to rewrite both chains.Komodo uses Zero Knowledge Proofs to provide 100% anonymous transactions, that are now secured with Bitcoin's hash rate.

how to buy Komodo

Where and How to Buy Komodo (KMD) Coin

There are 3 steps to purchasing Komodo. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase KMD directly with USD. They are: BitTrex, .
  2. Move the Bitcoin to an Exchange that supports KMD: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the KMD/BTC trading pairs.
    At the moment, KMD is currently available for purchase with Bitcoin at Binance, HuobiPro, HitBTC, huobikorea, Liquid, Binance, BitTrex, HuobiPro, Upbit, HitBTC, huobikorea, CoinEx, crex24, Graviex, bilaxy, .
  3. Buy Komodo on the Exchange: Now, you can buy Komodo with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different KMD pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade
BitTrex KMD/USD $18,826 USD A

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
Liquid KMD/BTC 0.0366 BTC A
Binance KMD/BTC 35.3309 BTC A
BitTrex KMD/BTC 2.1731 BTC A
HuobiPro KMD/BTC 1.3875 BTC A
Upbit KMD/BTC 0.0647 BTC BB
HitBTC KMD/BTC 14.4626 BTC B
huobikorea KMD/BTC 0.8297 BTC B
CoinEx KMD/BTC 0.4571 BTC C
crex24 KMD/BTC 0.0005 BTC C
Graviex KMD/BTC 0.0015 BTC C
bilaxy KMD/BTC 43.4044 BTC D

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
Binance KMD/ETH 178.6580 ETH A
HuobiPro KMD/ETH 39.6114 ETH A
HitBTC KMD/ETH 87.9158 ETH B
huobikorea KMD/ETH 37.4166 ETH B

How to Safely Store Komodo Crypto

Once you buy Komodo, the next question you'd have is "where do I store my Komodos?". It is quiet easy to store your Komodo tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Komodo. If Komodo is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Komodo for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues

Frequently Asked Questions

Question Answer
Where can I buy KMD with Dollars (USD)? You can buy Komodo (KMD) with U.S Dollars on BitTrex, .
Where can I purchase KMD with my Bitcoin (BTC)? As of today, you can buy Komodo with Bitcoin on any of the following exchanges: Liquid, Binance, BitTrex, HuobiPro, Upbit, HitBTC, huobikorea, CoinEx, crex24, Graviex, bilaxy, .
I have Ethereum. Where can I buy KMD with ETH? Komodo is available for purchase using ETH on these Crypto exchanges: Binance, HuobiPro, HitBTC, huobikorea, .
How much is Komodo? Right now, the price of KMD is $1.0950.
Is Komodo Crypto a good Investment in 2021? Our analysis shows a possible all time high of $1.7596. So yes. KMD is a good investment.

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