How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase KLO on BYDFi. We'll guide you through it
Choose how to purchase KLO on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (KLO). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store KLO in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your KLO to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy KLO on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive KLO
Trade
Answers
What Is Kalao (KLO)?
Kalao (KLO) is a non-fungible token (NFT) ecosystem built on Avalanche (AVAX), a layer 1 blockchain. It aims to accelerate the adoption of virtual reality (VR) technology and combines its own VR showroom with DeFi capabilities on its NFT marketplace. On the Kalao NFT marketplace, users can create, sell, purchase and collect NFTs. Furthermore, they can also showcase their NFT collections in a personalized 3D NFT gallery. By using Avalanche as its blockchain of choice, Kalao offers fast and secure transactions at low fees. Kalao also aims to integrate NFTs into real-world use cases by enabling users to exhibit their art, sell luxury goods through the marketplace, or even use it as an event ticketing framework. In the future, Kalao plans to build a metaverse called The Citadel, where users can buy or rent lands, promote their businesses, or invite people over for a virtual hangout.
Who Are the Founders of Kalao?
Kalao (KLO) was founded by CEO Hassan Benahmed and chief marketing officer (CMO) Efe (last name unknown). Although not much is known about the team behind Kalao, the project has an illustrious list of backers and investors that include Avalanche (AVAX), AvaLaunch, Maven Capital, OkEx Blockdream Ventures and Fantom, to name but a few. It has a particularly strong relationship with Avalanche, whose vision fits perfectly with Kalaos ambition, in the words of Kalaos CEO Benahmed.
What Makes Kalao Unique?
Kalao (KLO) aims to stand out by offering a fully decentralized, scalable and low-cost NFT marketplace. That is crucial to fulfilling its goal of bringing real-world use cases to NFT like:
- Event ticketing. Event organizers will be able to use the Kalao Marketplace to issue and sell tickets for concerts, sports events and seminars; users can trade tickets; artists can stream their concerts live and thereby reach out to a wider audience.
- Luxury goods commerce. Companies can sell luxury goods, with users able to try them virtually before purchasing. In future, users will be able to display their luxury goods in the Kalao metaverse, The Citadel.
- Art exhibitions. Artists can display their works and users can enjoy digital art the same way as they would with other forms of art.
Unlike many other marketplaces, Kalao offers VR technology to augment and improve the user experience. Its Kalao Gallery is a VR gallery where visitors can immerse themselves in art exhibitions, concerts, and more. All of Kalaos virtual galleries will be supported on PC, as well as on mobile.
By providing a single trading hub, Kalao aims to streamline the process for artists and buyers alike and to allow for a more immersive and pleasant experience. Kalao plans to bring features like live event broadcasting and real-world use cases live in 2022.
How Many Kalao (KLO) Coins Are There in Circulation?
The total supply of Kalao (KLO) is 500 million. The current circulating supply of KLO is 11.735 million. Kalaos tokenomics are as follows:
- 45% – community rewards
- 15% – team, six months locked, linear vesting
- 7.5% – advisors, six months locked, linear vesting
- 12.5% – ecosystem
- 20% – sale (8% seed round at $0.025, 10% private round at $0.035; both three months locked, linear vesting. 2% public round at $0.04; six months linear vesting)
How Is the Kalao Network Secured?
Kalao (KLO) runs on Avalanche (AVAX), one of the most popular layer 1 blockchains out there. Avalanche has its own consensus mechanism. As distinct from proof-of-work (PoW) or proof-of-stake (PoS), all nodes on Avalanche process and validate transactions by employing a directed acyclic graph (DAG) protocol. In this way, transactions are processed simultaneously and validators random polling ensures that transactions are correct with statistical certainty. Unlike PoW and PoS, there are no blocks in this consensus mechanism, thus allowing for immediate finalization and significantly improving the blockchains speed.
Where Can You Buy Kalao (KLO)?
Kalao (KLO) is available on ZT, Gate.io, TraderJoe and Pangolin.
If you want to learn more about how to start buying cryptocurrencies, you can read more in this guide.
Kalao framework will accelerate adoption of VR technology to develop virtual worlds and sustain digital transformation of business use cases.Kalao Marketplace is powered by fast, secure and low-fees Avalanche blockchain, supporting both X-Chain and C-Chain networks, offering multiple auction types and rewarding you for your loyalty.Fully decentralized, it provides access to a superior tech and advanced features in a seamless experience.Kalao aggregates all NFTs available on the Avalanche C-chain. So, you dont have to navigate other marketplaces, there is only one place to go : Kalao marketplace.Kalao is developing a unique way to experience NFTs. Magnify your NFTs in a full 3D virtual reality experience. With or without a VR headset, Kalao supports multi-platforms. Youll feel right at home in Kalao Galleries.
