Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Klaytn – an increasingly popular cryptocurrency project – is up more than 30% in the last 24 hours and its rise shows no signs of slowing down. Moreover, some of the most popular searches in the past day include ‘how to buy Klaytn coin’ and ‘what are the best platforms to buy KLAY crypto.’
So, to help investors after this increased interest, this article explains what Klaytn is, how it works, and what its investment prospects are for the future. We also discuss the recent price movement of KLAY tokens and explore what is likely to happen in the coming weeks.
To kick things off, our team of analysts have selected the two best places to buy Klayton coin in the UK and elsewhere.
Where to buy KLAY coin online
While some crypto investors and traders like to use decentralised exchanges (DEXs) to buy and sell their coins, online cryptocurrency brokers offer a more reliable, lower-fee platform with a more easily usable interface.
We have settled on these two as our top picks:
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
AVATrade
Ava Financial Ltd operates the AvaFX and AvaTrade forex brands and all business associated with them. The company has a branch office in Dublin, Ireland, which enabled it to get an operational license from the Irish authorities.
Register with AVATrade instantly
What is Klaytn crypto?
Launched in June 2019 and founded by Jaesun Han, it is a public blockchain platform that aims to provide an accessible user experience and development environment in order to convey the value of blockchain technology globally.
This means combing some of the best features of public blockchains – such as decentralisation and distributed governance – and private blockchains – high scalability and low latency. Klaytn attempts to strike a balance between the two, serving as a hybrid of public and private features.
The ambitions of the development team are clear: to bring micro-technology to the masses, from small startups to established enterprise powerhouses. You don’t need to be an expert in cryptography or have an extensive understanding of blockchain technology to deploy your own chain or join other chains on Klaytn. Absolutely anyone can create their own token-driven ecosystem on the platform, and Klaytn has a huge number of use cases such as digital asset management, DEXs, art collection/trading, and even game development.
Given its strong credentials, it is unsurprising to have witnessed growing interest from institutional investors including Piction Network, Humanspace, and Wemade Tree. Now, with today’s announcement of a Binance listing, Klaytn appears to be set for its next phase of growth.
Should I buy Klaytn crypto?
If you believe in the technical credentials of this project, and you have disposable income lying around that you can afford to risk, investing in Klaytn could be a smart move. Market sentiment appears to be very positive right now following the Binance announcement, so continued price accretion might be expected.
However, before you invest in cryptocurrency, make sure you are aware of the increased volatility, unknowns and risks associated with the industry.
KLAY price prediction
We are keen to avoid providing price predictions or targets for early-stage altcoins because it is difficult to accurately project their potential value. Anyone who claims to be able to accruately predict the price of cryptocurrency projects is doing so based largely on subjective sentiment rather than objective analysis of the limited data available to them.
However, what we can say is that in the short term, we expect the Klaytn price to perform rather well.
Social media gives its take on $KLAY coin
#Binance Will List @klaytn_official $KLAYhttps://t.co/41yyLvHS0I
— Binance (@binance) June 24, 2021
Congrats @klaytn_official !🎉 Excited to see the growth your global expansion with @binance will bring to our ecosystem! 👏 https://t.co/BsrTR47zBV
— KLAYswap (@KLAYswap) June 24, 2021
Congratulations to @klaytn_official $KLAY , Klaytn is a high-quality chain, and RomeDefi will also support it in the future! https://t.co/J33J2vH9sr
— RomeDefi (@Rome_DeFi) June 24, 2021
$KLAY BEST IN 24 HOURS pic.twitter.com/dNGv8LdyVU
— RESEARCH 24/7 (@smallcappick) June 24, 2021
State of the Top 💯 #Cryptocurrencies – last 24h⬆️ 41% up🔹 average: 4.83%🔹 median : 3.77%🔹 volume : $30.41 b🔹 most: #Klaytn $KLAY +23.48%🔻 59% down🔸 average: -2.68%🔸 median : -2.19%🔸 volume : $137.24 b🔸 most: #Aave $AAVE -9.22%ℹ️ https://t.co/kJR5p8VqcN pic.twitter.com/Dtu2KEmU1k
— Crypto Gulp (@CryptoGulp) June 24, 2021
For the latest news on Klaytn crypto and other related cryptocurrency projects, check out our news page.
The post The best places to buy Klaytn crypto: KLAY coin surges in value appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.