Buy Kyber Network (KNC) in Canada

Buy KNC in 3 easy steps with 0% CAD funding and 0% CAD withdrawal fees.

Buy KNC

Buy Bitcoin > Cryptocurrency > Buy Kyber Network (KNC)

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3. Buy Kyber Network (KNC)

You can buy KNC right away at the best rates and fund your account with an e-Transfer or wire and buy when the price is just right!

Get started with as little as $50 CAD.

Buy KNC

Kyber Network is a protocol for users to exchanged ERC20 derived tokens instantly and without using an exchange.

What Is Kyber Network?

Built on the Ethereum blockchain, the Kyber Network allows for the peer-to-peer exchange of any smart contract-based token. Kyber is designed to integrate with other protocols like Uniswap, with which it shares a liquidity pool Kyber “locks in” deposits and then returns the best price among the different assets and makes money on the “spread” or difference between buying and selling prices. The Kyber Network Crystal (KNC) is Kyber’s native token and is used to manage reserves, pay transaction fees and used for platform governance.

How does it work?

The Kyber protocol uses pools of crypto funds called “reserves”, which are made up of 70 different tokens. When users wish to execute trades, the network searches the available reserves to find the best rate being offered. To accomplish this, Kyber uses Automated Price Reserves (APRs) to provide liquidity and execute smart contracts to store and swap tokens.

What makes it stand out?

Kyber’s interoperability with other DeFi platforms and blockchains is notable. For example, every exchange on the Kyber Network is executed on a single blockchain transaction and thus instant.

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