What is Kyber Network Crystal? Kyber Network Crystal (KNC) is a project that allows its users to quickly exchange crypto assets on decentralized exchanges. It is an ERC-20 based token based on the Ethereum protocol. KNC Coin is a native cryptocurrency of the Kyber platform.
What is Kyber Network Crystal?
Although many cryptocurrencies emerged for the purpose of decentralization, almost every cryptocurrency exchange has a centralized structure. The KNC project, on the other hand, aimed to minimize the resulting cyber attacks. The aim of the project is to optimize fees to maximize earnings and provide high profit returns to liquidity holders. It is the project used as a new generation AMM (automatic market maker) designed for this transaction.
1 KNC Coin price is 34.07 TL as of the date of this writing, March 4th. It is equivalent to $2.31 at the current exchange rate. KNC Coin has gained 1.68% in the last 24 hours. Also, the 24-hour trading volume of KNC Coin is 3,097,678,890 TL. Its circulating supply is 177,809,350 KNC Coins, and its maximum supply is unknown.
Advantages of KNC Coin:
- Its ecosystem is the most used liquidity center in the world.
- KNC coin holder investors vote for every decision to be made thanks to KyberDAO, contributing to important decisions made on the network. Thus, they participate in the management of the network.
- Kyber project provides its investors with full transparency and verifiable protection in the protocol. It is one of the most secure cryptocurrencies.
- KNC holders can also use their shares and voting rights to receive transaction fees from the protocols in the network. With each transaction, they have the opportunity to win more rewards.
- KNC Coin price rises rapidly in a short time, so there is a possibility of falling suddenly. Therefore, it is a risky investment choice.
- There is a possibility of being left behind in the competition with the projects that provide DeFi service.
What is Kyber Network Crystal? How to Get KNC Coin?
- KNC Coin is listed on popular and trading volume exchanges such as Binance, Mangala Exchange, Gate.io, FTX, CoinTiger and OKEx.
- First of all, enter any exchange platform where the above mentioned KNC Coin is listed. Then enter the free account creation page.
- Create your account after entering the requested information.
- Complete the authentication process steps completely.
- Then, after completing the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you.
- In the last step, enter the exchange tab where KNC Coin is listed. You can easily own KNC Coin at the current price or by entering the amount you want.
