# Kyber Network #

![1-7z0zDvYx2Ilibs27aP1mvA.jpg](https://steemitimages.com/DQmVFtZbf4sS1Z4v6Yk4pphLAa6f5DVAFBsy1CrEGi27gd1/1-7z0zDvYx2Ilibs27aP1mvA.jpg)

**Kyber Network** is a decentralized exchange that allows for instant trading and conversion of cryptocurrencies.

**Key Properties Of Kyber Network**

- It is Trustless (Smart Contracts ) all transactions are done via Smart Contracts and no funds are held on the exchange. - It is Instantaneous as there is no waiting time for confirmations and no deposits will be required. So users can get their tokens as the transactions is put on the blockchain. - It is Highly Liquid (use of a reserve system) there will be always a reserve of tokens ad cryptocurrencies. - It will have Locked In Conversion Rate allow users will know the conversion rate before a transaction is processed.

# Why To Invest In Kyber Network # - It has more than 45000 people under their slack group. - It has confirmed KYC registration and whitelist count is around 40000. - It can easily get on any exchanges , Bittrex , Poloniex, etc because they have large community which will be trading after ICO. - Hard cap is 200,000 Ether - Token Supply is just 226 Million KNC - It has all star team which is a very good team with lot of potential. - Tokens will be distributed within a week to everyone. - They have **Vitalik** as adviser on their advisory team. Whatever he touches becomes Gold (eg. OmsieGo)

# **Kyber Network ICO Starts on 15 Sept** #

https://www.youtube.com/watch?v=lNNLr2D0yig

**I recommend you all to buy from Etherdelta ASAP if you arent under whitelist. It is going to be too big guys 40,000+ people will be trading when it launches so scoop as much as you can from Etherdelta when it launches.**

**Source** - Kyber Network Blogs - https://www.youtube.com/channel/UCu1-oBOM-DzJ89o02Bx3XYw/about - Ian Balina - Crypto Crush # See You On Moon #