Kyber Network vs BigONE
What problem does this service solve?
| 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. | BigONE is an exchange that is backed by experienced and influential blockchain investors. The platform is best known for its interactive trading tools. |
Token Stats
Company Description
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. | BigONE is an exchange that is backed by the blockchain investment firm INBlockchain; an influential investment company that has also invested in EOS, ZCash, Steemit, and other blockchain projects. Several of the companies in INBlockchain's portfolio, that have tokens, are traded on BigOne. BigONE's influential investors give the exchange a high degree of financial stability. The platform is known for its interactive crypto charts and trading tools. Trading Fee: 0.1% BigONE has its own token (BIG) that gives holders a discount on trading fees |
