Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Kin (KIN)

Learn how to buy Kin (KIN) on 3+ crypto exchanges in our step-by-step guide.

Kin
KIN- USD
$0.000011
- $0.00000028 ( - 2.36%)
GALAXY-DIGITAL-PORTFOLIO

Where to buy Kin

It looks like KIN may not be available to purchase on an exchange in the US.

You can still purchase KIN by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Solana and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase KIN using a decentralized exchange.
  1. Find KIN on a decentralized exchange and make sure Kin can be traded for SOL which is the native asset of the Solana blockchain. Popular DEXs include Raydium, Marinade Finance and Saber.
  2. Buy SOL to trade for KIN using an exchange like Crypto.com. You will need to purchase enough SOL to swap for KIN as well as SOL to pay for transaction fees on the Solana network (known as gas). Gas fees only cost a fraction of a cent on Solana, so keeping 0.01 SOL set aside for gas will be plenty.
  3. Transfer the SOL into a Solana web 3.0 wallet like like Phantom to connect to the DEX.
  4. Trade SOL for KIN on the DEX of your choice, following the instructions on screen. Make sure to leave a small amount of SOL in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the KIN tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Kin wallets to store your KIN

You can keep your KIN on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Kin a good investment?

Cryptocurrency is a particularly volatile market, making it extremely important to perform due diligence before deciding to purchase a token. Here are some things to keep in mind prior to buying KIN:

  • KIN Rewards Engine. KIN tokens will be distributed as a daily reward to developers and digital services through the KIN Rewards Engine. This engine uses an algorithm designed to calculate a user’s contribution to the overall ecosystem.
  • User base. One of the major obstacles facing all cryptocurrencies is the ability to achieve widespread adoption. In its whitepaper, Kik claims 57% of its users are in the 13-24 age bracket. This has two connotations – younger people typically have less disposable income and are more suited to the micropayments system offered by KIN, and youths are typically more receptive to using cryptocurrency and progressive platforms in general.
  • Kik points. From 2014 to 2016 before the launch of KIN, Kik ran a test to find out whether its customers would use tokens on the platform. These Kik tokens weren’t blockchain-based and couldn’t be traded outside the app, but by the conclusion of the experiment, up to two million Kik token transactions were taking place per day. This suggests an appetite for micropayments and native tokens on social media platforms, which will prove important in adoption.
  • Use-case. Though KIN can be used off the Kik platform on a few other applications, for the most part KIN holders will likely only see the full benefit of their investment if they are actively using the Kik platform. How many new apps get built using KIN as their payment system will play a big role in how successful the token is.

Additional information about Kin can be found using our KIN analysis tools.

Today's Kin price versus ATH

Compare today's price of Kin ($0.00001177 USD) against its all-time-high price of $2020-01-11T14:05:14.714Z USD on 01 January 1970. The closer the bar is to 100%, the closer KIN is to reaching its ATH again.

Kin's price: $0.00001177
ATH date: January 11, 2020
0.96%

Kin ATH: $0.00122572


How to trade, convert or sell Kin

You can convert or sell your KIN with the same exchange you bought it through:
  1. Sign in to the exchange you have KIN on.
  2. If you store your Kin in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of KIN you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Kin.
  6. Complete your transaction and move your KIN to a wallet for storage.

Disclaimer: Cryptocurrencies, including Kin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KIN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Kin or any other cryptocurrency discussed.

More guides on Finder

  • EthereumPoW (ETHW) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.

  • Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.

  • How to buy EthereumPoW (ETHW)

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).

  • How to buy Coinbase Wrapped Staked ETH (CBETH)

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on (CBETH).

  • How to buy Optimism (OP)

    This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.

  • How to buy Efinity (EFI)

    This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.

  • How to buy Threshold Network (T)

    This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.

  • How to buy UltraSafe (ULTRA)

    This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.

  • How to buy Stargate Finance (STG)

    This guide provides step-by-step instructions on how to buy Stargate Finance, lists some exchanges where you can get it and provides daily price data on STG.

  • How to buy Step App (FITFI)

    This guide provides step-by-step instructions on how to buy Step App, lists some exchanges where you can get it and provides daily price data on FITFI.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site