Kyber Network – a popular on-chain liquidity tool for Ethereum and ERC20 tokens – has recently made new improvements to its decentralized exchange (DEX), KyberSwap.
KyberSwap supports credit cards
Kyber Network’s decentralized exchange (DEX), KyberSwap, is becoming a lot more useful as the development team has just revealed a new fiat-to-crypto portal for the platform.
Announced on September 13, the fiat port will be available to users in more than 100 countries – allowing traders to buy Ether (ETH) with credit cards. They can then start trading with any of the 70 KyberSwap supported coins.
The legal refill gateway is part of a partnership with Coindirect – a cryptocurrency service backed by Blockchain.com and MakerDAO.
Good news with Kyber Network
Kyber Network had a lot of good news in 2019.
Most recently in July, the Malta-based exchange Binance announced a partnership with Kyber Network to integrate the platform’s liquidity into the official cryptocurrency wallet, Trust Wallet.
Earlier, the total volume of Kyber Network transactions reached nearly one million Ether. As of early July, the platform has processed more than 827,000 Ether worth of transactions.
The good news does not reflect on KNC prices
The Kyber Network project has been making positive changes recently. But that hasn’t changed the fact that the KNC token is currently very far from the ATH peak of $ 5.35.