Kyber Network (KNC) is now available for buying and trading commission-free*, as well as transfers on the Voyager app.
Kyber Network (KNC) is a decentralized exchange and liquidity pool enabling value exchange to be performed seamlessly between all parties in the ecosystem to ensure tokens are usable anywhere. When developers tap on Kyber Networks’ on-chain liquidity protocol, they can build payment flows and financial apps including immediate token swaps, ERC20 payments, and innovative financial dApps (decentralized app) - helping to build a world where any token is usable anywhere.
In September of 2017, the Kyber Network team raised money through an ICO and launched the main-net in February of 2018. The Kyber Network functions by collecting liquidity from reserves. Reserve managers operate the reserves and are in charge of maintaining liquidity in the trading pairs offered as well as updating bid and ask spreads. Managers are compensated through the spread in each transaction. Additionally, anyone with available capital is able to contribute to reserve pools and receive a return.
Ready to start trading Kyber on Voyager? Download the app and follow the below steps to start now:
How to buy Kyber (KNC)
- Get the Voyager app: Available in the Apple App Store and Google Play Store, visit and search Voyager or click here to download now.
- Open a Voyager trading account: Fill in your personal information to create a trading account. As a licensed financial institution, know that your personal information is always safe with us.
- Link your bank: Link your bank account by navigating to the User Icon on your Market Screen. On your account page, tap Bank Accounts and add your bank.
- Fund your Voyager account: To deposit USD, go to your account page and tap Transfer Cash or Crypto, then Deposit to Voyager Account and select USD. Next, enter the amount of USD you'd like to transfer and slide the Slide to Deposit USD banner. Now you can trade instantly.
- Buy KNC: Navigate to the Market Screen scroll until you reach KNC and tap to access the Kyber Network page, then tap Buy KNC. Insert the amount of USD you'd like to spend and slide the Slide to Buy KNC purple banner to complete your purchase.
Trading on the Voyager app is currently available to all U.S. residents excluding New York state. We are actively working with regulators to expand to New York and internationally in the future.
*Additional fees may apply
All investments involve risk and the past performance of a digital asset or other financial product does not guarantee future results or returns. Cryptocurrencies are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Cryptocurrencies to decrease to zero or near zero. While diversification may help spread risk, it does not assure a profit or protect against loss. Investors should consider their investment objectives and risks carefully before investing. Previous gains may not be representative of the experience of other customers and are not guarantees of future performance or success.