What is Kyber Network Crystal v2 (KNC)? The Leading Liquidity Network for DeFi

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Bittime - Kyber Network Crystal v2 (KNC) is aon-chainthat enables secure and instant token swaps with low slippage. Built on an innovative architecture, Kyber v2 offers a leading solution to the liquidity fragmentation andslippagecommon in the DeFi ecosystem.

Uses of KNC Coin

KNC Coin is the Kyber Network's native utility token that plays an important role in the Kyber v2 ecosystem:

• Governance: KNC holders can participate in KyberDAO, vote on important proposals, and determine the future direction of the network.

• Staking: KNC can be staked to earn KNC rewards and protocol fees.

• Fee Payment: KNC can be used to pay trading fees on KyberSwap and other integrated platforms.

• Liquidity Incentive: Liquidity providers can be rewarded with KNC to increase the liquidity pool.

KNC Tokenomics (Data as of November 14, 2023)

• Maximum Supply: 226,000,000 KNC
• Circulating Supply: 172,832,500 KNC
• Market Cap: $220.6 million USD

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Founder and Development Team of Kyber Network

Kyber Network was founded by an experienced team in blockchain and financial technology, including:

• Victor Tran: CEO and Co-founder
• Loi Luu: CTO and Co-founder
• Yaron Velner: Co-founder

Conclusion

Kyber Network Crystal v2 (KNC) delivers an innovative solution to liquidity fragmentation and slippage in DeFi.

With strong tokenomics, an experienced team, and support from experts, KNC has great potential to grow in the future.

How to Buy Kyber Network Crystal v2 (KNC) on Bittime

You can buy and sell KNC tokens in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. KNC is available on Bittime with KNC IDR pairing . 

To be able to buy KNC/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make KNC purchases in the application.

Complete Guide on How to Buy KNC on Bittime. 

Monitor the price chart movements of Kyber Network Crystal v2 , Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime. 

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.