Kyber Network Prediction 2018, KNC Forecast and Price Charts – When to buy KNC? What is the KNC price today? KNC Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS KYBER NETWORK (KNC)?
Kyber Network is a blockchain platform that allows people to make instant and secure exchanges and conversions of digital assets. It offers an instant paying exchange, facilitates proxy payments, cross-chain trading and allows hedging of assets to protect it from market fluctuations. It is compatible with most existing smart contracts and allows instant trading.
KYBER NETWORK (KNC): HISTORY
Kyber Network’s founder Loi Luu calls it as “ShapeShift but decentralized”. It was launched in early 2017 as a minimum viable project that included a sample smart contract and an electronic wallet. The project held its ICO in August 2017 and since it is a KYC based system the ICO was held in multiple parts. It reached its goals of 2000000 ETH and was one of the biggest ICO of 2017.
HOW DOES KYBER NETWORK (KNC) WORK?
In addition to being an exchange, Kyber network acts as a token transfer medium that automatically exchanges the token during the transfer. It uses its own token named Kyber Network Crystal to pay for every transaction or exchange. It uses a dynamic reserve pool to maintain liquidity in the network. It flags every exchange rate that is greatly out of the norm for a special approval.
HOW TO BUY KYBER NETWORK (KNC)?
Kyber Network Crystals are ECR-20 compatible and can be stored in any Ethereum supporting wallet like MyEtherWallet. The process is relatively easy. Create a wallet and store the necessary information like password, keystore file and wallet address somewhere safe. After then go to sites like Coinbase to buy some Ehtereum and use Binance to exchange it for KNC’s and send it to the wallet you created earlier using the wallet address you stored.
KYBER NETWORK (KNC) PRICE PREDICTION 2018
Kyber Network has shown great growth and is a great option. The value as of 22-2-2017 is $2.35. You will get 42.55 Kyber Network coins for 100 USD. Kyber Network is set for a long-term price increase based on our forecasts. A five-year prognosis places the currency at 42.226 USD. Today’s price is $2.35 USD. Total supply is of 134,132,697 KNC tokens. The market cap is $315,792,632 and the trading volume stands at $7,723,290. KNC price prediction, KNC price forecast, KNC price and news, KNC price forecast, KNC price prediction 2018, What is the price of KNC 2018.