WazirX vs QUOINE vs Kyber Network
What problem does this service solve?
WazirX allows Indian cryptocurrency traders to trade a variety of currency pairs. | QUOINE is a blockchain technology company that operates 3 exchange platforms that are aimed at increasing liquidity in cryptocurrency markets. | 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
One of India's largest Cryptocurrency exchanges, WazirX is considered to be one the most influential Crypto companies in the country. The WazirX exchange was recently acquired by Binance. The exchange allows users to trade a variety of currency pairs, and also has a native token that gives traders a discount on trading fees. The trading platform is available on desktop, iOS, and Android. | QUOINE is a Japanese fintech company that is developing several liquidity focused trading platforms. QUOINE was the first cryptocurrency company to be officially licensed by the Japanese Financial Services Agency. Trading Fee: 0 for base currency pairs, 0.25% for BTC and BHC pairs, 0.1% for ETH pairs QUOINE's platforms are powered by the QASH utility token. | 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. |