Introducing SNT and KNC, our latest ERC20 markets on Poloniex
Two weeks ago, we announced EOS as a new asset to Poloniex. Today, our family is growing again with the addition of Status (SNT) and Kyber (KNC). It’s another way to show our commitment to making Poloniex the premiere destination for crypto asset trading.
SNT deposits and withdrawals are currently live. Trading in SNT/USDT, SNT/BTC, and SNT/ETH pairs will be enabled on August 15th, 2018 at 16:00 UTC.
Status is a mobile decentralized application (dApp) browser. Status allows users to run an Ethereum node from their phone and interact with dApps through a simple messenger interface. In addition, Status allows for encrypted communication and transfer of value to other Status users and external addresses. The Status Network Token (SNT) is the native token of Status.
Status is building important infrastructure for Ethereum, providing access to the network from any mobile device, anywhere in the world. You can read more about Status here.
KNC deposits and withdrawals are also currently live. Trading in KNC/USDT, KNC/BTC, and KNC/ETH pairs will be enabled on August 15th, 2018 at 16:00 UTC.
Kyber Network is a decentralized liquidity network that allows for the instant exchange of digital assets. Kyber is akin to a decentralized exchange, but there is no order book; instead, a set of smart contracts manage the conversion of digital assets by pooling liquidity across many sources (called “liquidity providers”), providing the liquid, rapid exchange of assets. Other decentralized applications (dApps), wallets, and financial tools can also tap into this well of pooled liquidity in order to power their own liquidity needs. The Kyber Network Crystal (KNC) is the native token of Kyber Network.
Kyber Network is attempting to bring interoperability to disparate token ecosystems, and enables instant token conversion and global value transfer. You can learn more about Kyber here.
Risk disclosure: The value of crypto assets can be extremely volatile and unpredictable. Please use caution and be sure to review the Risk Disclosures in our Terms of Service (https://poloniex.com/terms/) before making any decisions to trade on Poloniex.
Thank you for your ongoing support as the Circle team works to build a delightful user experience and provide access to new assets on Poloniex. Please keep your eyes peeled for additional announcements regarding asset listings on Poloniex in the future.
The Poloniex Team