With KyberNetwork, you can get your DGD tokens in a single transaction.
No need for registration or deposit, and there is no confirmation time after your transaction is included in the blockchain.
You only need to send your Ether to KyberNetwork’s contract, then the contract will return the corresponding amount of DGD tokens to you instantly.
Very simple right?
KyberNetwork does not hold your funds, so you don’t have to worry about the network getting hacked and risk losing the entire amount that you have deposited.
So how do we do what others failed to offer?
KyberNetwork runs entirely on smart contracts, which do not hold users’ funds.
All trades are atomic, so either they succeed, or users are refunded immediately.
KyberNetwork guarantees high liquidity by maintaining a reserve of all tokens in the network.
Third parties can also maintain and register reserves in the network to facilitate their own transactions.
Each reserve determines the prices according to its view of market prices.
KyberNetwork simply gets the best price as the exchange rate for the network users.
In addition to being an exchange, KyberNetwork is also a payment service that allows everyone to pay for goods and services in any token, while the recipients get paid in their preferred token KyberNetwork also supports advanced financial instruments, such as derivatives.
For example, suppose you will be receiving your Melon token reward from a DAO contract in three days.
If you figured that the conversion rate for Melon token to Ether is at its peak today, not three days from now, and you want to maximise your returns from your DAO investment, you can consider hedging your position with KyberNetwork today, and perform the transfer when you get your Melon reward.
KyberNetwork made you smile, and we at KyberNetwork believe that we can do the same for you too.
