Kyber Network

by Kyber Network

(0)
View Profile

Coinbase

by

4/5

(1)
View Profile

OKEx

by

(0)
View Profile

Kyber Network

by Kyber Network

(0)
View Profile

Coinbase

by

4/5

(1)
View Profile

OKEx

by

(0)
View Profile

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.Coinbase is one of the most established and recognizable names in the crytpo industry. It is extremely user-friendly and is great for beginners.OKEx is one of the largest exchanges by trading volume. It provides hundreds of token and futures trading pairs, and has become one of the most important exchanges.

Token Stats

Not RelevantNot Relevant

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.

Coinbase is one of the most prominent and influential crytpo companies. It is the most recognizable exchange in the United States and has over 20 million users worldwide.It is extremely user-friendly and is great for beginners. Coinbase is the intro platform for many first time crypto investors because it has a number of features such a free GDAX account for all users, a user friendly mobile App,  and built in wallet options.
There are a variety of security measures, and all funds are insured by the FDIC up to $250,000. Because of this, Coinbase is a very secure and reliable exchange with a reputable brand name
Its' clean and simple platform make it easy to quickly buy or sell cryptocurrency, and track funds through individual currency wallets.
Coinbase is a fully regulated exchange that is compliant with all laws, and because of their size and brand, they have been the subject of IRS investigations in which they were forced to disclose trading information for thousands of user accounts. They openly track user details and trading information. and have been known to close accounts for violating the terms and conditions.This is one of the main reasons that some traders prefer to use another exchange when they have become more familiar with the crypto ecosystem.
Coinbase also has  a relatively small amount of currency pairings and the platform does not have tools to accommodate more advance technical traders.
Coinbase also offers a variety of funding methods that make it an attractive choice for US residents that want to start buying crptocurrencies.Accounts can be easily funded. Since Coinbase is regulated, US bank accounts can be directly linked. This allows for relatively easy deposits and withdrawals, with a flat fee of 1.5% for buying via a US account. The trading fee is 0.25%

OKEx is a relatively new exchange that allows cryptocurrency investors to trade a wide variety of fiat and crytpo pairs. Although it is based in China, and caters to the Chinese market, it has a platform that is easy to use in all languages, and has quickly become one of the largest exchanges, by volume, in the world. The highly secure platform provides high liquidity, and has a number of other advantages.
OKEx has a user friendly interface that can be understood by all traders, regardless of their experience. Their platform is a good option for new crypto users because it supports trading of one of the widest varieties of different cryptocurrencies. It is also a good option for professional investors and day traders. They offer high trading limits, future contracts, and a number of other trading tools, including a block explorer.
Withdrawal Fee: 0.1% with a minimum of $15
Trading Fee: 0.2%

Ratings

(0)

5/5 (1)

(0)