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Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.

Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading. Read our risk summary for qualifying crypto assets.

What is KLAY?

KLAY is the cryptocurrency that powers the Klatyn protocol.

Token Utility

KLAY can be staked, earned as rewards, and used for transaction fees. 

Brief History

Launched by Ground X, the blockchain arm of South Korean internet company Kakao, Klatyn protocol is a proprietary blockchain protocol. The technology was built to address frictions faced by online and mobile services that may arise when using today’s blockchain solutions. 

KLAY - in their own words

Launched in June 2019, the Klaytn blockchain network is focused on supporting metaverse and gamefi activations, as well as the creator economy as a whole. Klaytn prioritizes simplicity for the metaverse, and provides an end-to-end metaverse package, including but not limited to:

  • Customized L2 solutions
  • SDKs and smart contract libraries
  • IPFS solutions
  • Wallets
  • Chain explorers
  • Oracles
  • Bridges 
  • Stablecoin integration
  • NFT marketplaces
  • Tradfi interfaces
  • For more information on the Klaytn protocol, click here.

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