How to buy Komodo (KMD) | a step-by-step guide

Independent blockchain.

Zero knowledge cryptocurrency.

Decentralised exchange.

Fiat pegged assets.

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Komodo is an initial coin offering (ICO) platform designed to help developers launch transparent coin offerings. This decentralized platform allows each developer to set up an independent blockchain of their own, which they can then link to the Komodo ecosystem.

If a company wants to launch an ICO using Komodo’s infrastructure, it will need to pay a fee.

New to Komodo? We’ve got you covered, whether you’re a developer, an enterprise business or just an enthusiast.

Komodo’s development dates back to 2014.

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KMD was formerly known as Bitcoin Dark (BTCD), a privacy focussed variant of the Bitcoin protocol. The Komodo platform uses an innovation called ‘delayed Proof-of-Work’ (dPoW) consensus mechanism to secure the network, which recycles Bitcoin’s hash rate to protect its own blockchain. KMD is the native cryptocurrency of the Komodo platform.

In order to buy Komodo (KMD) on Binance, you first need to open an account.

Binance is one of the most widely used cryptocurrency exchanges in the world. A major reason for Binance’s popularity is its extensive selection of altcoins, which continues to grow with frequent additions. No verification is required on Binance for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for both iOS and Android devices.

The most convenient cryptocurrencies to deposit are Bitcoin (BTC) and Ethereum (ETH). They both have trading pairs with the vast majority of cryptocurrencies listed on Binance and therefore give you the greatest amount of flexibility.

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Komodo coin is one of the most multi-faceted cryptocurrencies, with the larger Komodo ecosystem providing many different services and developments for the blockchain space. Komodo coin KMD has risen from its humble ICO beginnings to a Komodo coin price of over $11 at all time high.

Known as a secure and scalable blockchain ecosystem, it offers its users technology to create customisable independent blockchains. This means that businesses or single projects can build their own blockchain on the Komodo ecosystem. This will undoubtedly attract several businesses and investors alike, certainly worth a consideration if you’re looking to invest in the crypto space.

Binance is one of the largest cryptocurrency exchanges on the planet. It grew quickly after its launch in 2017 and now even has it’s own token, Binance Coin.

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