Kyber Network Crystal (KNC)

Kyber Network Crystal (KNC) is an ERC-20 token and an integral part of Kyber Network.
KNC is the glue that connects different participants in the Kyber Network ecosystem, including both liquidity contributors and the different entities that leverage on the liquidity network.
What is KNC used for?
KyberReserves
Liquidity contributors
KNC facilitates the smooth operation of the reserves system in our liquidity network. To operate and provide token liquidity, 3rd party token reserves are required to purchase KNC to pay for their operation in the network. Kyber Network charges transaction fees, in KNC, from these reserves.
DApps / Wallets / Vendors
Entities that leverage on our liquidity network
By registering and plugging into our liquidity network, DApps (decentralized applications) and businesses earn commission in KNC after every transaction that they facilitate in Kyber Network. For instance, a DApp platform integrated with our APIs will receive referral fees in KNC for directing more users to our network and helping us generate greater adoption.
Network Fees
In each transaction, a portion of the collected fees (in KNC) on Kyber Network are taken out of circulation forever.
Where you can buy KNC
Bithumb
KNC/KRW
Huobi
KNC/ETH, BTC
Binance
KKNC/ETH, BTC
Kyber Network
KNC/ETH
OKEx
KNC/ETH, BTC, USDT
Liqui
KNC/ETH, BTC, USDT
See all