Buy Kyber Network Crystal Legacy (KNCL)
What is Kyber Network Crystal Legacy?
Kyber Network Crystal Legacy (KNCL) is the legacy version of the Kyber Network Crystal (KNC) token. It was replaced by a new token contract to make the token more dynamic and support efficient upgrades, giving greater control to KyberDAO.
How does Kyber Network Crystal Legacy work?
Kyber Network operates on the Ethereum blockchain and supports multiple EVM-compatible networks. The network aggregates liquidity from various sources to facilitate instant token swaps. It relies on smart contracts to manage operations like querying reserves for the best exchange rates and executing swaps.
What are the potential use cases for Kyber Network Crystal Legacy?
Potential use cases for KNCL and its successor KNC include facilitating token swaps, providing liquidity through decentralized protocols, participating in governance via KyberDAO, incentivizing liquidity providers, and serving as collateral on lending platforms. The network’s liquidity and token swap capabilities are also integrated into over 100 decentralised applications and services.
What is the history of Kyber Network Crystal Legacy?
Kyber Network was founded by Loi Luu, Victor Tran, and Yaron Velner. KNCL launched in September 2017 and, at one point, reached a highest historical price of $5.47 in April 2022. In April 2021, an upgrade and migration from KNCL to a new KNC token contract were approved by KyberDAO with a 1:1 migration ratio, streamlining the token’s capabilities and providing more control to the governance process. The new KNC token retains its ticker and functionality as an ERC-20 token.
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Frequently Asked Questions (FAQs)
What is the current price of Kyber Network Crystal Legacy (KNCL)?
The Kyber Network Crystal Legacy price is $0.89792082 AUD, representing a +8.65% from the day prior.
Where is the best place to buy Kyber Network Crystal Legacy (KNCL) in Australia?
The best place to buy Kyber Network Crystal Legacy (KNCL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Kyber Network Crystal Legacy (KNCL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Kyber Network Crystal Legacy (KNCL)?
The trading volume of Kyber Network Crystal Legacy (KNCL) is $21.6K AUD in the last 24hrs, representing a +8.65% from the day prior.
How can I buy Kyber Network Crystal Legacy (KNCL)?
Kyber Network Crystal Legacy (KNCL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Kyber Network Crystal Legacy (KNCL)?
The current market cap of Kyber Network Crystal Legacy (KNCL) is $11.2M AUD.
Can I convert Kyber Network Crystal Legacy (KNCL) to cash?
Yes - With Coinstash you can convert your Kyber Network Crystal Legacy (KNCL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Kyber Network Crystal Legacy (KNCL) are there?
The current circulating supply of Kyber Network Crystal Legacy (KNCL) is 12.3M.
Is Coinstash a safe place to buy Kyber Network Crystal Legacy (KNCL) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Kyber Network Crystal Legacy (KNCL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.