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Kyber Network (KNC)

€ 0,66640

-1,41 % € -0,00940
24h 1w 1m 1y All

Kyber Network Price in Euros

(KNC to EUR)

€ 0,66640

Kyber Network Volume

(24h)

€ 29.29 M

Market Cap

(Kyber Network)

€241.25 M
BTC

What is Kyber Network

Kyber Network is a blockchain-based decentralized protocol that allows users to exchange Ethereum or ETH and other ERC20 cryptocurrencies without having to register and wait. Additionally, it gives vendors the freedom to receive various cryptocurrencies and also get paid in the cryptocurrency of their choice.

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How does Kyber Network work?

Kyber Network has three components that help facilitate the exchange service: reserves (for network liquidity), smart contracts (the infrastructure where tokens are exchanged and traded), and takers (wallets, vendors, and dapps). Every time a user starts a trade, the network finds takers offering the best rates by searching for reserves that are available.

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How to buy Kyber Network?

You can buy Kyber (KNC) in a crypto exchange like Coinmerce. It's simple to do: just indicate what price you want to pay for Kyber (KNC) (or buy it instantly for the market price), whereafter you get Kyber (KNC) within a few minutes.

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How to buy Kyber Network?

You want to buy Kyber Network? You can buy Kyber Network using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Kyber Network, use the search function to search for Kyber Network and click on the name. You can indicate for how many euros you want to buy Kyber Network in the right window. Below is shown how much Kyber Network you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Kyber Network when the price of Kyber Network reaches your entered value. You can also execute a repeating order. Do you want to buy Kyber Network with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Kyber Network.

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About Kyber Network

Victor Tran, Loi Luu, and Yaron Velner established Kyber Network back in 2017. Through an ICO, they raised around 200,000 ETH – or an estimated $50 million. In February of 2018, Kyber Network went live on the Ethereum blockchain. One of Kyber Network’s goals is to conveniently integrate with other networks, which is why it has a developer-friendly architecture. As such, it gives any user the freedom to incorporate Kyber technology into smart-contract-powered blockchains of their choice. This opens the network and its infrastructure to various wallets, vendors, and dapps. As mentioned earlier, Kyber Network has reserves that provide network liquidity. These reserves are actually smart contracts that come with a pool of funds and support more or less 70 various kinds of ERC20 tokens. Kyber Network aims to achieve its goal with the help of its three primary tools: a decentralized exchange protocol, the KNC token, and an asset conversions API or application programming interface.

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Founder Loi Luu
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Founder Yaron Velner
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Founder
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Founded 2017
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Industry Liquidity provider
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Website Website
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Network Kyber
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Location Singapore
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Rank 131
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Market Cap 241.25 M
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Trading volume 29.29 M
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Maximum coins 226 M
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Circulating 205.05 M
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