Zebpay Cryptocurrency Exchange App
- Buy KNC and 30+ other cryptos
- Easy-to-use mobile app
- Make one trade per month for no membership fee
- Earn interest with with ZebPay Earn
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Zebpay Cryptocurrency Exchange App
KyberNetwork is a trustless, decentralised cryptocurrency exchange. This Ethereum-based protocol is designed to provide the instant exchange of digital assets and cryptocurrencies with high liquidity.
The KyberNetwork Crystal token (KNC) is used to pay fees on the KyberNetwork platform. To find out how these tokens work, what affects their value and how you can buy KNC in India, keep reading.
KNC is available on a number of popular cryptocurrency exchanges, such as the following:
If you’d like to buy KNC in India, here’s an example of how you can do it:
Register with an exchange that allows you to trade for KNC. You may not be able to trade Indian Rupees (INR) directly for KNC. You might have to trade a popular cryptocurrency like bitcoin (BTC) or Ethereum (ETH) for EMC2. Before you can buy, you’ll need to sign up for an account by entering your email address and creating a password. You’ll also likely be asked to verify your account by providing your full name, contact information and proof of ID before you can make a deposit.
We also recommend that you enable two-factor authentication to provide an extra level of security for your account.
Many cryptocurrency exchanges don’t allow you to swap fiat currency, such as INR, for cryptocurrencies. This means that you’ll often need to acquire a cryptocurrency that’s available in a pairing with KNC, such as Ethereum (ETH) or bitcoin (BTC), and then exchange it for KNC.
To deposit funds, login to your account and click on the “Deposit” link. Enter the amount you want to deposit and generate a wallet address to transfer your chosen crypto from another exchange or your own wallet into your account.
Click the “Buy/Sell” link on the account dashboard page and search for “KNC”. Click on “Buy KNC” and you’ll get an option of specifying the amount of KNC you want to buy.
You can then review the full details of the transaction, including the amount of KNC you’re buying and the total cost, before confirming the purchase.
The process for selling KNC is essentially the same as the process outlined in step 3 above, but in reverse. However, it’s also important to be aware that cryptocurrency exchanges only offer specific currency pairings, so it may not be possible to directly exchange your KNC for your desired currency.
KNC tokens are ERC20-compliant tokens on the Ethereum network and can be stored in any Ethereum-compliant wallet, such as the following:
Announced in 2017, KyberNetwork is the brainchild of blockchain technology developers Loi Luu, Yaron Velner and Victor Tran. Vitalik Buterin, the founder and chief scientist of Ethereum, is also listed as an advisor. Its ICO was held in September 2017 and made headlines after raising around US$60 million in a little over a day.
Central exchanges are unable to provide instant transfers as well as being vulnerable to internal fraud and external hacking. To combat this, the developers set out to create a decentralised exchange that allows for the instant exchange and conversion of cryptocurrency coins and tokens.
The aim of KyberNetwork is to allow users to hold coins in their own wallets and to exchange them instantly for other tokens using smart contracts. KyberNetwork claims this will allow it to offer the following:
Buying cryptocurrency is complicated and speculative, with several risks you need to be aware of before you purchase any cryptos. If you’re thinking of buying KNC, make sure you take the following factors into consideration first:
Find out about gold ETFs, what influences their prices, how you can trade them and whether they could be worth your weight in gold.
Learn the basics of what it takes for novices to get started in the investment world in India, including an overview of your options and what to watch out for.
Learn about the four options available to buy and sell this slippery commodity — as well as pros and cons.
Bitcoin ETFs are coming to market. Here’s how you can invest in them.
This highly traded commodity can help diversify your portfolio. But consider unpredictable risks before investing in this daily bean.
Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.
Read our beginner’s guide to trading options in India.
Socios.com is a sporting app that uses blockchain technology to bring fans closer to their favourite football clubs
This guide will show you step-by-step instructions on how to buy the Avalanche (AVAX) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Polycat Finance (FISH) token as well as a list of exchanges you can trade it on.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.