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What is Kyber?

Kyber (KNC) is an on-chain protocol that allows instant and secure token exchange in multiple dApps, making it one of the most widely used DeFi applications on the Ethereum network.

  • Kyber is compatible with smart contracts and has the ability to process cross-chain payments.
  • Kyber is fully built on-chain. This allows for instant settlement for token to token transactions, making Kyber unique compared to coins with off-chain components.
  • The Kyber team has been working on a cross-chain protocol to allow easier EOS to Ethereum based token swaps.

Kyber provides immediate and trustless on-chain settlement as well as seamless integration with dApps. This flexibility ensures that Kyber will continue to be important to dApp development.

How do I swap Kyber?

Enter amount to swap
Select the quantity of Kyber you would like to swap.
Select coin to swap with
Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Kyber

Why Should I Trade KNC with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Kyber no matter what your trading experience is. Unlike other international and Australian Kyber exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Kyber with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Kyber how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Kyber?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Kyber for free.

Cold Storage

If you are holding Kyber as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Kyber. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Kyber. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Kyber has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Kyber is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Kyber exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Kyber & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Kyber safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Kyber portfolio here.
Yes! With CoinSpot you can convert your Kyber to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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