Komodo (KMD) One Day Volume Reaches $754,962.75

Komodo (KMD) traded up 2.9% against the US dollar during the 24 hour period ending at 12:00 PM E.T. on November 5th. In the last seven days, Komodo has traded down 14.2% against the US dollar. Komodo has a market capitalization of $29.12 million and $754,962.75 worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for about $0.21 or 0.00000305 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded up 2.8% against the dollar and now trades at $38.85 or 0.00055382 BTC.
• Bitcoin Gold (BTG) traded up 4.9% against the dollar and now trades at $22.18 or 0.00031615 BTC.
• Horizen (ZEN) traded 1.8% higher against the dollar and now trades at $7.27 or 0.00010360 BTC.
• Pirate Chain (ARRR) traded up 2.3% against the dollar and now trades at $0.17 or 0.00000242 BTC.
• ZClassic (ZCL) traded up 3.8% against the dollar and now trades at $0.0421 or 0.00000060 BTC.

Komodo Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,557,955 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official message board for Komodo is blog.komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. The official website for Komodo is komodoplatform.com.

According to CryptoCompare, “Komodo (KMD) is a blockchain and cryptocurrency platform focused on security, anonymity, and interoperability. Stemming from Bitcoin’s foundation, it surpasses limitations with advanced tech. Key is “delayed proof of work” (dPoW), backing up Komodo on Bitcoin’s chain for extra security. This innovation supports independent blockchains with unique consensus mechanisms, ideal for decentralized apps and secure token sales. Founded by James Lee, Komodo’s team envisioned a privacy-focused, scalable ecosystem, leveraging Lee’s software and blockchain expertise.”

Buying and Selling Komodo

It is usually not presently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView