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KNC Exchanges - Trade KNC here:

KNC is a real Shitcoin! 💩 You can trade KNC on these exchanges: indacoin.com, livecoin.net, mercatox.com, otcbtc.com, tdax.com, token.store, Binance.com, zebpay.com, kucoin.com, bancor.network. See Details below.

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indacoin.com Exchange Reviews Logo gb NO KYC needed CEX 948+
  • USD
  • EUR
  • RUB
  • Market Buy/Sell
NO NO NO YES gb sa de es fr it ru tr Since 2013 Visit Website
INDACOIN Reviews
livecoin.net Exchange Reviews Logo bz NO KYC needed CEX 213+
  • USD
  • EUR
  • RUB
  • Market Buy/Sell
NO NO
  • 2FA
  • SMS
YES YES gb cn es pt ru it fr tr Since 2013 Visit Website
LIVECOIN.net Reviews
mercatox.com Exchange Reviews Logo gb NO KYC needed CEX 227+
  • USD
  • EUR
  • RUB
  • Market Buy/Sell
  • Limit
  • Stop
NO NO
  • 2FA
NO YES gb ru cn Since 2016 Visit Website
MERCATOX Reviews
otcbtc.com Exchange Reviews Logo tw NO KYC needed CEX 115+
  • NO
  • Market Buy/Sell
NO NO
  • 2FA
NO YES gb cn Since 2018 Visit Website
OTCBTC Reviews
tdax.com Exchange Reviews Logo th NO KYC needed CEX 10+
  • THB
  • Limit
  • Market Buy/Sell
NO NO
  • 2FA
NO YES gb cn th Since 2017 Visit Website
TDAX Reviews
token.store Exchange Reviews Logo NO KYC needed DEX 206+
  • NO
  • Limit
  • Market Buy/Sell
NO NO
  • NO
NO YES gb Since 2017 Visit Website
TOKEN STORE Reviews
Binance.com Exchange Reviews Logo mt NO KYC needed, up to 2 BTC withdrawal CEX 131+
  • NO
  • Limit
  • Stop Limit
NO NO
  • 2FA
  • SMS
YES YES gb cn ru fr vn tr de es jp Since 2017 Visit Website
Binance Reviews
zebpay.com Exchange Reviews Logo in NO KYC needed CEX 18+
  • INR
  • Market Buy/Sell
NO NO
  • 2FA
YES YES gb Since 2015 Visit Website
Zebpay Reviews
kucoin.com Exchange Reviews Logo hk NO KYC needed, but KYC will be added for withdrawals exceeding 2 BTC on Nov. 1, 2018 CEX 164+
  • NO
  • Market Buy/Sell
NO NO
  • 2FA
YES YES gb cn Since 2017 Visit Website
KuCoin Reviews
bancor.network Exchange Reviews Logo ch KYC is needed DEX 98+
  • USD
  • EUR
  • Market Buy/Sell
  • Limit
NO NO
  • 2FA
YES NO gb Since 2017 Visit Website
Bancor Reviews
big.one Exchange Reviews Logo cn KYC is needed DEX 93+
  • NO
  • Market Buy/Sell
  • Limit
  • Trigger
  • Iceberg
NO NO
  • 2FA
NO YES gb cn kp Since 2017 Visit Website
BigONE Reviews
bithumb.com Exchange Reviews Logo kr KYC is needed CEX 37+
  • KRW
  • Market Buy/Sell
NO NO
  • 2FA
YES YES gb cn jp kp es Since 2016 Visit Website
Bithumb Reviews
coss.io Exchange Reviews Logo sg KYC is needed CEX 60+
  • USD
  • Market Buy/Sell
  • Limit
NO NO
  • 2FA
NO YES gb Since 2017 Visit Website
COSS.IO Reviews
dragonex.io Exchange Reviews Logo sg NO KYC needed CEX 62+
  • NO
  • Market Buy/Sell
NO NO
  • 2FA
NO YES gb cn Since 2017 Visit Website
DRAGONEX Reviews
ethfinex.com Exchange Reviews Logo hk NO KYC needed CEX 62+
  • USD
  • Market Buy/Sell
  • Limit
  • Stop
  • Stop-Limit
  • Trailing Stop
  • Fill or Kill
  • Scaled
NO NO
  • 2FA
  • PGP
YES YES gb ru cn Since 2017 Visit Website
ETHFINEX Reviews
gate.io Exchange Reviews Logo cn NO KYC needed CEX 185+
  • NO
  • Market Buy/Sell
NO NO
  • 2FA
NO YES gb cn kp Since 2017 Visit Website
Gate.io Reviews
idex.market Exchange Reviews Logo us NO KYC needed DEX 646+
  • NO
  • Market Buy/Sell
  • Limit
NO NO
  • 2FA
NO YES gb Since 2018 Visit Website
IDEX Reviews

Trade KNC - KNC Markets, Exchanges, Broker

The liquidity of the network should be secured in the long term. The technical basis is the Ethereum network, which also has its own cryptographic currency in the form of the Ether Coin. The special feature of the Kyber Network is that no central trading place is to be created by first having to organise the exchange of currencies. Rather, a kind of decentralised central bank is to be set up. What at first glance sounds like a contradiction in terms, in practice it looks like different users will each provide a stock of different crypto currencies. This should ensure that the exchange system remains liquid at all times so that the individual transactions can be carried out in real time. The provision of the currencies is in turn remunerated with the help of the Kyber Network Coin.

So-called Smart Contracts are the central element of the exchange network. These were originally developed for Ethereum and then taken over by the NEO Coin - also known as Chinese Ethereum. Roughly speaking, these are contracts linked to conditions. For example: If share A changes hands, the sum X is transferred in return. Of course, this procedure can also be applied to other areas - such as the exchange of currencies. The individual reserve banks are therefore linked to the trading platform by Smart Contracts. These also ensure that the most favourable exchange rate is selected and then passed on to the users of the Kyber Network.

Decentralized control still needs to be developed

It is planned that the individual reserve banks will be openly visible. However, it is still unclear who is responsible for management. So which authority decides which coins are held and which are sold? This question is not unimportant, because otherwise there is a danger that too much capital will be tied up in crypto currencies that are no longer traded. Currently, this task is still being taken over by the project team itself. In the long term, however, it is planned to establish a decentralised control system - i.e. to distribute the decision-making process over more shoulders. However, details on the design have not yet been published. However, how decentralised and independent the project will actually be will depend on this.

The Kyber Network Coin and its function

Within the exchange network, the Kyber Network Coin also exists as a means of payment. This was introduced in September 2017 as part of an ICO. At that time, the development team raised the equivalent of 200,000 ethers by issuing the new digital currency. The Kyber Network Coin is used to cover the fees of the individual reverse banks. In addition, some tokens are permanently burned during each transaction, thus preventing spam. Ideally, this will also ensure that the remaining tokens will increase in value. Numerous other activities within the exchange network are also rewarded with the help of the company's own crypto currency.

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