What problem does this service solve?

Biki allows users to trade a variety of cryptocurrencies.The Kyber Network provides instant liquidity for digital tokens across several platforms. They do this by keeping a reserve of tokens, and initially, they will be the sole reserve manager to ensure they have the tokens available. Their goal is to enable anyone to become a reserve manager and earn income by providing liquidity on the network.

Token Stats

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Company Description

The Biki Exchange is a cryptocurrency exchange that is based in Singapore and primarily targets Chinese traders. The exchange issued the BIKI token, which provides holders with discounts on trading fees, as well as other benefits.
Trading Fees: 0.15%
Withdrawal Fees: 0.001BTC/per trade and 0.01 ETH / per trade.

Kyber is a decentralized network and exchange that is focused on providing liquidity. Kyber enables token transactions between platforms and aims to make these exchanges of value easier, by connecting different ecosystems and applications. Kyber users can exchange tokens with greater liquidity because the network maintains a reserve of all tokens. Transactions are very fast and are processed via smart contracts that have a derivative functionality where users can hedge currencies to lower risk. Kyber can also be used make payments to anyone, in any token, across any platform. The network is powered by the Kyber token (KNC) that was released in an ICO that raised almost $49 million.

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