Kakao’s Klay Token to Make Its First Listing on UpBit After Planning 'KlaytnPhone’ Release with Samsung

Libra Coin News
Thu, 09/12/2019 - 12:12
Yuri Molchan
Kakao-backed Klaytn platform prepares for the first listing of its KLAY token on Upbit exchange
Cover image via 123rf.com

CoinDesk reports that the DLT platform Klaytn, owned by the South Korean giant Kakao, is about to list its KLAY token on the South Korean-based Upbit crypto exchange. This will be the first KLAY listing so far.

KLAY to be listed on Upbit Singapore and Indonesia

Last week, the Ground X company that works with Kakao to create and support Klaytn open ledger platform, spread the word on Medium that by the end of September the platform’s native KLAY token would be added to Upbit Singapore and Upbit Indonesia exchanges.

Later on, the Upbit’s branch in Singapore promised to get KLAY listed after a Dutch auction on September 18. The successful traders will get their KLAY tokens a few days later. KLAY will be traded against Bitcoin and there will be a special announcement before the trading starts.

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Klaytn to launch crypto phone together with Samsung

As reported by U.Today earlier, Samsung has partnered with Klaytn to launch an affordable version of its crypto smartphone which will be called ‘KlaytnPhone’.

The device will have an embedded wallet with free KLAY tokens sent to users after they purchase the gadget.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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