Kyber Network

A Decentralized Exchange.

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 & Sell
Positives

  • Decentralized Exchange
  • Extremely Experienced Advisors
  • Strong Partners
  • Guaranteed Liquidity
  • Instant Transfers, No Confirmations

Exchanges
Concerns

  • Plenty of competitors entering this space.
  • Decentralized atomic swap networks will threaten this business model
  • No other concerns here. Great long term hold. Plenty of growth expected.

Official Links
Token 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

Ready To Start Trading?

Buy & Sell KNC

Other Great Projects