Coinbase Pro set to list Kyber Network’s KNC token

Coinbase Pro, the crypto exchange’s trading platform for experienced customers, is set to list Kyber Network’s KNC token next week.

Coinbase announced today that customers would be able to begin depositing KNC on Feb. 24 and trading will begin the following day if liquidity conditions are met. Support for the token will be available in every jurisdiction that Coinbase Pro serves, except New York and the U.K.


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Once a sufficient supply of KNC is established on the platform, Coinbase Pro said it will phase in trading options for USD and bitcoin (BTC). Notably, KNC is not yet available on or via the exchange’s mobile apps.

KNC is an ethereum token that powers the Kyber Network, a decentralized protocol that aims to make swapping cryptocurrencies simple and efficient. The token is used for paying fees on the network. One KNC token is currently priced at around $0.55, according to CoinGecko.

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.