Kyber Network Rises 20% Following Coinbase's Listing Announcement - Cryptocurrency exchange Coinbase will list Kyber Network (KNC) on its professional trading platform Coinbase Pro next week.

Kyber Network Rises 20% Following Coinbase Listing Announcement

Coinbase cryptocurrency exchange to list Kyber Network (KNC) on its professional trading platform Coinbase Pro next week.

As the company announced on its blog, users will be able to start making deposits with KNC on February 24, and trading will start in 24 hours, subject to meeting the liquidity requirements..

The token will initially be listed in all jurisdictions Coinbase Pro serves except New York and the UK. Users of the Coinbase.com service and the KNC mobile application will not be available yet.

KNC will be listed in pairs with Bitcoin and USD. As in previous cases, token trading will be opened in several stages, starting with the placement of limit users by users and gradually moving to their full comparison..

The KNC token is based on the Ethereum blockchain and is used in the exchange of assets via Kyber Network's proprietary decentralized protocol. Amid the announcement of Coinbase, the KNC rate rose by 20% and is still confidently holding in the green zone, while most of the cryptocurrencies fell by 5-7%.

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