Bithumb vs Coinmama vs Kyber Network
What problem does this service solve?
Bithumb is a top 30 exchange and the largest exchange in South Korea. | Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards. | 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
Bithumb is the biggest Korean crypto exchange. It is a top 30 exchange by trading volume and it is one of the most significant blockchain companies in South Korea. In June, 2018, Bithumb was hacked and around $870,000 in bitcoin were stolen from customers. | Coinmama has become a reputable and reliable option for beginners looking to purchase bitcoin and ethereum. It has an easy to use interface, the option of instant purchasing via credit cards, and real time customer service. These reasons make it a very attractive option for people looking to get in to the world of cryptocurrencies easily. | 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. |