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 KLC on BYDFi. We'll guide you through it
Choose how to purchase KLC 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 (KLC). 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 KLC 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 KLC 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 KLC 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 KLC
Trade
Answers
What is KLC?
KalyChain is an EVM-enabled Blockchain that aims to complement the original KalyCoin token, which was hosted on the Binance Smartchain (BSC) network. However, due to the needs of users and the market at large, we have adopted a new approach in which the KLC BEP20 Token will transition to an EVM-enabled PoS Consensus System Blockchain for better interaction with the technology and financial ecosystem.As a proof-of-stake Blockchain, KalyChain seeks to provide scalability and security. Importantly, KalyChain is a Blockchain that prioritizes the community and its investors, focusing on continuous improvement and application development within the Kalychain ecosystem.KalyChain focuses on developing financial applications and solutions that apply Blockchain technology to both private companies and the general public. It allows its users to access a growing DeFi, GameFi, NTF ecosystem.
WHO ARE THE FOUNDERS OF KLC?
KALYCHAIN was launched by the company KALYSSI.It was founded and is led by Abdoulaye Touré since 2017 as a payment and money transfer institution. As of 2020, KALYSSI has integrated the crypto offering into its services via 3 projects (KalyPay, Perfectnodes and Kalychain). To carry out this venture, Abdoulaye Touré has surrounded himself with a solid team with extensive experience in new technology computing, finance and legal.
What makes Kalychains unique?
KalyChain is an enterprise blockchain that combines the Istanbul Byzantine Fault Tolerance (IBFT) 2.0 consensus algorithm with the Proof of Authority (PoA) algorithm to provide a secure and scalable platform for enterprise applications. Some of the most important features of KalyChain IBFT 2.0 are:▪ Efficiency and scalability: the IBFT 2.0 PoA consensus system provides high efficiency and scalability compared to other consensus systems such as Proof of Work (PoW) and Proof of Stake (PoS).▪ Enhanced security: IBFT 2.0 uses a voting consensus technique in which all participating nodes must approve a transaction before it is added to the Blockchain record. This improves the security and integrity of the blockchain.
How many KLC's are in circulation?
The maximum supply is 7 billion coins, and 3,570,000,000 coins have been initially pre-mined (51%).In order to protect the interests of investors and ensure the long-term smooth operation of the project, in addition to the rules on the use of KLC, the Kalychain project will allocate its coins in the following areas:
▪ KalyPay, Perfectnodes, Kalychain project development▪ Research and development▪ Marketing▪ Founding team
The other 49% is reserved for the validators (up to 25) who guarantee the stability and security of the Blockchain. They share 3 KLC/validated block as an initial offer, this reward will be halved every 4,576,000 blocks validated on average every 2 years.
How is Kalychain secure?
KalyChain is a Besu 2.0 Hyperledger blockchain based on Ethereum technology that offers a number of unique and valuable features for businesses and organizations looking to implement blockchain solutions.Some of the key features of Hyperledger Besu 2.0 include:
▪ Compatibility: KalyChain supports the Ethereum mainnet, which means it can run Ethereum decentralized applications (dApps) and smart contracts. In addition, it also supports multiple consensus, which allows users to choose from different consensus algorithms according to their needs.
▪ Privacy: KalyChain offers enhanced privacy and confidentiality features through the integration of technologies such as Quorum and Nightfall. In addition, the platform supports private networking and integration with enterprise privacy solutions such as Intel SGX.
▪ Proof of Authority (PoA): Instead of relying on computing power, Besu's PoA algorithm uses authority to validate transactions. Validators are selected by nodes in the network, reducing the risk of attacks by 51%.
▪ Interoperability: KalyChain IBFT 2.0 PoA easily integrates with other Blockchain technologies and can work in conjunction with other EVM and Hyperledger projects.
▪ Enterprise support: KalyChain is an enterprise Blockchain platform that has been developed to meet the needs of businesses and organizations that want to implement solutions using Blockchain technology.
▪ Security: KalyChain is a highly secure Blockchain platform with a wide range of security features, including protection against DDoS attacks, cryptographic signature verification, and identity and certificate validation. In addition, the platform undergoes regular and rigorous security testing to ensure assets and information are protected.
▪ Integration: KalyChain easily integrates with other enterprise solutions, allowing these companies to create Blockchain solutions that integrate seamlessly with their existing systems. The platform supports a wide range of programming languages and frameworks, making it highly adaptable and customizable.
Overall, KalyChain a secure, efficient, and scalable Blockchain that has been designed to meet the needs of businesses and organizations looking to implement high-quality Blockchain solutions.
Where can you buy KLC?
KLC is listed on :- WhiteBit : https://whitebit.com/trade/KLC-USDT?type=spot&tab=open-orders
(coinsbit, Azbit and Latoken exchanges are being migrated to our blockchain Kalychain, we will inform you once done to add them)
