Kyber Network (KNC) Integrates ‘Kyber Trading API’ to Enhance On-Chain Token Liquidity Access
Kyber Network, a blockchain based liquidity protocol, has launched a trading API which is a product that will allow different users who lack smart contract knowledge access to the network’s liquidity. The API, Kyber Trading API, will allow smart contracts written in various programming languages to be easily integrated on the platform.
At the moment, the API will only support Ethereum and ERC20 tokens but Kyber is working on incorporating a wide variety of crypto. Moving forward, Kyber users will be in a position to interact with the network even without any prior technical knowledge of blockchain.
Using the Kyber Trading API is pretty simple where all a user needs is basic knowledge about Web3 so as to easily navigate the platform. Users need to know how to sign and broadcast transactions on the Ethereum blockchain.
The Kyber API will efficiently send the user a JSON transaction which can be serialized and broadcasted on the network. Unlike other APIs, the payload from the Kyber network will already be configured hence the user won’t need to modify any further.
The network has provided a fully loaded guide that will help users understand the trading API better.