ERC20 Token
Kyber Network (KNC)
Kyber Network is an on-chain decentralized exchange providing several useful applications, including building a practical exchange and providing payment APIs for merchants and users to instantly convert tokens effortlessly and “trustlessly”. There is no orderbook. Users will know the conversion rate before sending the transaction and receive the corresponding amount. Users don’t pay any extra fees (other than the gas fees for the transaction).
Kyber Network benefits through pricing a reasonable spread in the conversion rate.
“Kyber Network introduces a new standard contract wallet to allow existing contracts, which only accepts few tokens, to receive payments from any future tokens without any modification to the contract code. This allows contracts or merchants to access to a wider class of users, receives payments and contributions in any tokens that Kyber Network supports.”
Buy & SellToken Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: KNC
• Total Supply: 215,625,349
• Circulating Supply: 134,132,697
• Token Use: Fees & Services.
Founders
The Team
• Loi Luu (CEO)
• Yaron Velner (CTO)
• Vitalik Buterin (Advisor)
• More
Industry
& Competitors
• Liquidity Exchange
• Instant Transactions
• Competitors – 0x, Qash, Bancor