KNC (Kyber Network Crystal)

KNC stands for Kyber Network Crystal, a cryptocurrency that powers the Kyber Network, a decentralized exchange on the Ethereum blockchain. Users employ KNC to pay transaction fees and engage in the platform's governance via the KyberDAO, a decentralized assembly of KNC stakeholders. By staking KNC in KyberDAO, participants can vote on crucial decisions like fee distribution, token burn rates, and reserve incentives. They earn Ethereum rewards from a portion of the network's trading fees. As an ERC-20 token, KNC adheres to a standard protocol for Ethereum-based tokens and smart contracts. Its goal is to simplify and streamline the exchange of digital assets and cryptocurrencies by pooling liquidity from multiple sources, enabling instant and secure token swaps in decentralized applications.

Available cryptocurrency pairs

Currency pair	Base currency	Quote currency