Categories: Uncategorized

The Kyber Network decentralized exchange beta will soon be available to the public.

Kyber Network which is an ethereum based protocol that allows the “instant exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies (e.g. Ether, Bitcoin, ZCash) with high liquidity.”

Since they launched their platform last month, the exchange was only available to whitelisted addresses but now it is available to the public.On Monday the 19th at 3pm (GMT+8) the public mainnet beta stage will begin.

They stated in their medium article:

We ask that all users keep in mind that our platform is still in beta testing and there are areas in need of improvement. If you encounter any issues please report them at here. Your feedback during this process is invaluable.

A reddit post said:

  1. You don’t need to pay any fee to trade; just the transaction. fee (no KNC needed; those are paid by reserve managers).
  2. Exchange has order matching and will match you to the best order.
  3. It’s very easy to use trade on Kyber even on mobile. Here is a gif showing how: https://twitter.com/twitter/statuses/968750337149501441

Their tweet:

Currently the exchange supports 15 tokens which include:

ETH – Ethereum
OMG – OmiseGO
EOS – Eos
SNT – Status
ELF – Aelf
POWR – Power Ledger
MANA – Decentraland
BAT – Basic Attention Token
REQ – Request
GTO – Gifto
RDN – Raiden
APPC – AppCoins
ENG – Enigma
SALT – Salt
BQX – Ethos
Image source: https://home.kyber.network

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar

Recent Posts

Validium Network: Driving the next stage of web payments with x402

In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…

4 days ago

Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments

A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…

2 weeks ago

Vitalik Buterin’s Warning: Why Your Favorite Web3 App Isn’t Real Crypto

The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…

2 weeks ago

Bitcoin Dips Below $95K: Is the Bull Market Over or a Brief Reset?

Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…

2 weeks ago

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 year ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

1 year ago