Coinbit vs HBTC Exchange vs Kyber Network
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What problem does this service solve?
| Coinbit allows users to trade a variety of cryptocurrencies. | HBTC's trading platform does not appear to provide any noticeable advantages to exchanges. | 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
Company Description
Coinbit is a South Korean cryptocurrency exchange. It is primarily focused on the South Korean market, and allows users to trade a variety of coins and tokens. Coinbit issued the Ethereum based NEXT token, which is designed to prevent price depreciation. Trading Fee: 0.1% | HBTC is a cryptocurrency exchange that was previously known as BHEX, or Blue Helix. The HBTC exchange offers traders a variety of currency pairs, as well as other trading options such as options contracts and and OTC desk. As part of the company's re-branding, a token swap will be held to allow holders to transfer their BHT tokens to HBC. | 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. |
