Kyber Network Releases New Token-to-Token Transaction Feature
Kyber Network (KNC) Launches KyberSwap For Token-to-Token Transactions
The information has been released by Kyber Network on Twitter on July the 8th. Now it is possible to process Token-to-Token transactions on KyberSwap.
Kyber's platform upgrade is now complete. We are pleased to announce that token-to-token transaction feature is now functional on KyberSwap!
Please proceed to https://t.co/dZaChlEbDp to try it out! 🤗
— Kyber Network (Not Giving Away ETH/BTC) (@KyberNetwork) July 8, 2018
In this way, it is possible for investors to connect their favourite wallets directly to the exchange platform. This permits to create instant transfers without having to use a centralized order book. At the moment the KyberSwap network supports MetaMask, JSON, Trezor and Ledger wallets, in the future, other other devices may be supported.
At the same time, there are currently available on the platform over 35 different ERC-20 tokens, including OmiseGO (OMG), Decentraland (MANA), Enigma (ENG), and Ethos (ETHOS). Before this integration, these tokens were convertible only via an Ethereum relay intermediary.
KyberNetwork is now the 77th most important virtual currency in the market according to CoinMarketCap. It is being traded around $1 dollar. It reached an all time high of $5.84 dollars.
The current price is related to a bear market that affected to whole cryptocurrency market in the last months. Just a few virtual currencies registered gains this year.