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How & Where to Buy Komodo A Step-by-Step Guide to Buying KMD

  1. Sign up at CoinSwitch, the #1 rated KMD exchange.
  2. Fund your account with cash or crypto.
  3. Buy KomodoKMD
  1. STEP 1Find the Best KMD Exchange
    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Komodo KomodoKMD quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy KMD with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for KMD.

Frequently Asked Questions About Buying & Selling Komodo (KMD)

How do I Buy KMD with Crypto?

If you want to buy KMD with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Komodo (KMD)?

To sell KMD, simply reverse the buying process described above. You will likely need to trade your KomodoKMD into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Komodo Research Center

Komodo Technical Details & Statistics

  • Market Rank340
  • Market Cap134,685,778
  • Circulating Supply127,902,014
  • Total Supply127,902,014 KMD
  • Max Supply200,000,000
Yesterday's Trading
  • 24 HR Volume2,542,874 USD
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What is Komodo

Komodo (KMD) is the native currency of the SuperNet platform which is a decentralized, peer to peer open source network which specializes in facilitating the launching of ICOs for new coins. SuperNet also aims to tie multiple blockchains of other cryptocurrencies together and provide a platform for their interaction and development.

History of Komodo

Created by the anonymous developer of NXT DApp SuperNet, jl777, Komodo is a fork of Zcash and was launched in September 2016. It retained multiple features of Zcash, but is used primarily as the coin for the SuperNET originated ecosystem. Komodo hit the markets in February 2017, briefly surpassing a market cap of $1 billion in December of that year. As of August, 2018, the circulating supply of Komodo is 108,788,819 KMD.

How Komodo Works

Komodo is a mineable platform coin that has a native token called Komodo as well. When a new company wants to launch an ICO using Komodo, their white label solutions create an independent blockchain using platform’s infrastructure, for which a fee is paid in KMD.

Komodo offers multiple, highly-customized solutions for new coins and their developers, including SuperNet integration, which develops different open source tools for the ICO market. A few of these include EasyDEX (Easy Decentralized Exchange), which is a decentralized cryptocurrency exchange, PAX (Pegged Asset Exchange) which allows users to exchange fiat currencies across borders, and the Iguana multi-wallet which can hold multiple types of cryptocurrencies. Users pay a fee, in KMD, to utilize these resources.

Why Komodo?

Komodo makes life very easy for developers of the new coins and has some unique advantages.

  • Annual Revenue: Komodo token holders are entitled to 5% of the platform’s annual revenue. This is an assured income even if holders are totally idle.
  • Decentralized ICO: dICO is probably the biggest advantage of SuperNet, in that ICOs can be created and maintained with relatively little supervision or reliance on third parties.
  • Independent Blockchain: Komodo provides independent and native blockchains to developers, giving them full control over their coin and platform development.
  • Independent Wallet: Komodo also offers white label multi-currency wallet solutions which can be rebranded to any coin network, making it unnecessary for developers to create a wallet specific to their native currency.
  • Micropayment Solutions: Komodo allows micropayments using a super-fast lightning network where you transaction charges can be waved.
  • Infinitely Scalable: Komodo utilizes side-chain technology which prevents overloading the main blockchain of the network. Thus, every payment network can be scaled to a great extent to support increased business needs.
  • Fiat Pegged Assetchain: Developers can easily integrate a real-time crypto-to-fiat bidirectional conversion utility and integrate payments API with any system, enabling mass adoption for their payment network.
  • Private Transactions: Zcash architecture provides probably the best anonymous payment mode and Komodo takes full advantage of that to provide totally private transactions on the network.
  • Multi-language Development: Komodo allows Smart Contracts to be created in multiple languages and also has an extensive API library, making it easy for developers to either integrate API or write contracts in the language they are most comfortable.