Buy Komodo in India

Simple Steps to Buy Komodo (KMD) in India

1. Signing Up on the Bitbns website is free. Once personal information is entered then by clicking on the account activation link the account gets created.

2. Next, photocopies of PAN card, bank account details and Aadhaar card should be uploaded. This entire process enables Bitbns in adhering to KYC guidelines.

3. After KYC documents validation (takes only 30 minutes), investors will be notified about account activation via email.

4. Using NEFT/RTGS/IMPS, investors can send funds to their Bitbns account and begin purchasing KCS in no time.

5. Transfer of KMD from/into Bitbns account to other wallets takes only 10 minutes on the Bitbns platform

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About Komodo (KMD):

Komodo (KMD), is a blockchain on which the founders aim to build several totally decentralized projects. Historically, Komodo is the descendant of BitcoinDark (BTCD). Komodo is a decentralized Dapp development platform, secure, private and energy efficient. Over the years, the team has integrated 'Atomic Swap' technology into their blockchain. This technology allows you to switch from one blockchain to another to quickly convert one cryptocurrency for another within a personal portfolio, and without having to go through an exchange centralization body.

The algorithm used by Komodo is a combination of proof of work (PoW) and proof of stake (PoS), called ‘delayed proof of work’ (dPOW). This creates a secure platform which would be fast and energy efficient. In addition, Komodo is protected by a ‘fail-safe’. For example, if the KMD blockchain failed, the BTC blockchain and the Blockhash are available; and since it uses a PoS type mechanism, the power consumption is lower than when using computing power (PoW) to solve new blocks.

In short, Komodo is a decentralized, anonymous and secure platform that is using the key resources of ZCash’s anonymous technology and thus incorporating the Bitcoin blockchain. Komodo cryptocurrency is rather a project that uses Bitcoin's recognized security to serve its own interests. Komodo is an excellent exchange platform to connect all cryptocurrencies and uses a protocol allowing minors to mine with a CPU and a GPU.

Due to the success of the project, Komodo has been able to set up an important partnership with Monaize. Monaize is the first decentralized ICO, or ‘Dico’, presenting a crypto banking platform project for small businesses, which will have to be approved remotely within minutes after the transfer of the necessary credentials, and have the card ‘Monaize business’ from MasterCard.

About Bitbns

Established in 2013, BuyHatke has developed its new crypto exchange i.e. Bitbns. Bitbns offers two main services: easy buy/sell of cryptocurrencies via simplified interface and cryptocurrencies trading for all.

Bitbns provides cross-platform trading via website, mobile application and API. Bitbns is backed by system and user account security, financial viability and profound legal compliance.