What is Kyber Network (KNC)?
Kyber Network is an Ethereum-based protocol that allows instantaneous exchange and conversion of cryptocurrencies (both coins and tokens) with high liquidity, without the order book. This is similar to the 0x protocol, the major difference being that the Kyber Network does its exchange on-chain.
Read the Kyber Network whitepaper.
What is the value of KNC now?
What gives KNC its value?
In today’s rapidly tokenizing world, projects are busy building innovative platforms and introducing their own token use case, without paying much attention to establishing meaningful collaboration across different entities. Bitcoin created the first cryptographic token, Ethereum took it one step further by enabling the easy tokenization of assets and creation of tokens. Consequently, there has been an explosion in the number of tokens, with each token usable only within its own isolated ecosystem.
Kyber Network helps to connect all these disparate, isolated token ecosystems and makes tokens useful in a wide range of use cases. In doing so, we enable the next phase of the tokenized world.
Buy and sell KNC for fiat currency
Currently, you cannot purchase KNC on our OTC marketplace. You can, however, buy Bitcoin, Ethereum or USDT, and then proceed to buy KNC on the spot market.
If you already own crypto, simply deposit the amount into your AAX account and trade it against KNC.
Trade KNC against other cryptocurrencies
On AAX, you can trade KNC against Bitcoin, Ethereum and USDT.
Trade anytime, on the go
Why trade with AAX?
Powered by LSEG Technology’s cutting edge matching engine, which is also at the heart of London Stock Exchange, and other traditional financial markets, AAX is a next-generation cryptocurrency exchange.
Integrity comes first
AAX is fully AML/KYC compliant and transparent.
Multi-layered security systems, robust custody, fully audited.
Multi device support
Trade on browser, iOS, and Android app. AAX supports API.
Trade across OTC, Spot, and Futures, deposit and withdraw, in one seamlessly integrated account.
What can you do once you own KNC?
Some users hold on to their KNC with the expectation of it increasing in value. You can store your KNC safely on your AAX account, a separate hot wallet or in cold storage.
You can trade KNC against other cryptocurrencies on AAX.
From your AAX account, you can easily transfer value around the world. You can buy KNC online and send it to anyone and anywhere with a wallet that supports KNC.