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How to buy Kyber Network Crystal Legacy (KNCL) in the UK

Learn how to buy Kyber Network Crystal Legacy (KNCL) in our step-by-step guide.

Where to buy Kyber Network Crystal Legacy in the UK

It looks like KNCL may not be available to purchase on an exchange in the UK.

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

Decentralised 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 decentralised exchanges first if you're unfamiliar.

How to purchase KNCL using a decentralised exchange.
  1. Find KNCL on a decentralised exchange and make sure Kyber Network Crystal Legacy can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for KNCL using an exchange like CoinJar. You will need to purchase enough ETH to swap for KNCL as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for KNCL on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the KNCL 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 UK.

Best Kyber Network Crystal Legacy wallets to store your KNCL

You can keep your KNCL 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 take a look at some of our top hardware wallet picks for self-custody of your KNCL below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Kyber Network Crystal Legacy a good investment?

KNCL is the legacy token of the Kyber Network. As a result of its legacy position in the current Kyber ecosystem, there are some serious considerations that investors must evaluate before investing in this token:

  • Access to staking and liquidity provision: The older KNCL token cannot be used for staking or liquidity provision within the new Kyber ecosystem. Users must convert KNCL tokens to KNC to earn rewards from the platform.
  • Usability:The usability of KNCL will greatly diminish as centralised exchanges and service providers transfer across to the new KNC token. Other than holding the equivalent value of KNC, there will be very few other use cases for KNCL.
  • Migration: A key reason for investing in the KNCL token now would be to access the benefits of the Kyber Network. To do this a user will need to migrate all KNCL tokens to KNC. This can be facilitated using Kyber Network’s native migration platform. All KNCL tokens can be exchanged for KNC at a ratio of 1:1. Alternatively, it may be easier to purchase the new KNC token directly.

Additional information about Kyber Network Crystal Legacy can be found using our KNCL analysis tools.

Today's Kyber Network Crystal Legacy price versus ATH

Compare today's price of Kyber Network Crystal Legacy ($0.610392 USD) against its all-time-high price of $5.8 USD on 09 January 2018. The closer the bar is to 100%, the closer KNCL is to reaching its ATH again.

Kyber Network Crystal Legacy's price: $0.610392
ATH date: January 09, 2018
10.52%

Kyber Network Crystal Legacy ATH: $5.8


How to trade, convert or sell Kyber Network Crystal Legacy

You can convert or sell your KNCL with the same exchange you bought it through:
  1. Sign in to the exchange you have KNCL on.
  2. If you store your Kyber Network Crystal Legacy 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 KNCL you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Kyber Network Crystal Legacy.
  6. Complete your transaction and move your KNCL to a wallet for storage.
  1. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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