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What is Komodo?

Komodo is a decentralised Initial Coin Offering (ICO) platform. Komodo allows developers to launch transparent coin offerings while also ensuring privacy for all parties involved in the ICO by having built-in privacy features. KMD aims to provide a multi-chain platform for developers. On this platform, developers can use Komodo to launch Initial Coin Offerings (ICO) while ensuring these ICO’s remain transparent and private for all parties involved.

  • Since 2019, Komodo is now aiming to provide business friendly blockchain solutions that are scalable and adaptable.
  • Users can utilise a non-custodial wallet and atomic swap DEX, the Komodo team claims you have the ability to be your own bank.
  • Komodo's current system is known as the Antara framework, this tool offers easy blockchain development, including customisable smart chains for applications.

Komodo provides its users a full blockchain kit for ICOs and cryptocurrency minting and aims to erase borders by having a modular platform that allows developers to create different modules that are all inter-compatible hence erasing borders and connecting society.

How do I swap Komodo?

Enter amount to swap
Select the quantity of Komodo you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Komodo

Why Should I Trade KMD with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Komodo no matter what your trading experience is. Unlike other international and Australian Komodo exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Komodo with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Komodo how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Komodo?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Komodo for free.

Cold Storage

If you are holding Komodo as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Komodo. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Komodo. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Komodo has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Komodo is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Komodo exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Komodo & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Komodo safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Komodo portfolio here.
Yes! With CoinSpot you can convert your Komodo to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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