What is BitKan (KAN)?
BitKan is a cryptocurrency exchange built to support features like spot and futures trading, crypto trading bots, and more. The native token of the exchange is KAN. If you want to see the live KAN price, look at the BitKan price chart above.
Crypto trading bots are one of the features that differentiates BitKan from some other exchanges. These bots make automated crypto trades on the user's behalf. This is a great way to earn passive income from the platform, even if you're not really sure how trading works.
Furthermore, BitKan supports peer-to-peer crypto exchange. This allows buyers and sellers to connect and exchange value directly without the need for a third party. Besides, BitKan also offers a mining feature that users can earn from. Lastly, it's also important to note that BitKan offers a multi-security layer on crypto wallets and flash execution of trades to combat market volatility.
Use Cases of KAN Tokens
BitKan tokens have various use cases. For starters, they provide users with trading discounts. Holders of KAN crypto tokens are eligible for discounts on their spot, futures, and crypto trades.
The KAN token also gives its holders access to scarce content, exclusive events, additional services, and more.
Besides that, users can earn KAN tokens by providing quality content to the platform. This incentive is targeted at content writers and social media content creators.
More utilities for the token, like staking and yield farming, are being worked on as well.
Are you planning to buy BitKan coins? Before doing that, make sure to thoroughly analyze the current and the previous KAN price. You can use the BitKan price chart featured above to do that.
Who Founded BitKan?
BitKan was founded by Leon Liu and Fanny Yu in 2012. They were both executives at Fortune 500 companies but they left their day jobs in 2014 to focus fully on BitKan.
KAN Tokenomics
Initially, 10 billion KAN tokens were issued. 35% of the tokens were dedicated to operating expenses, 45% to institutional investors, and 20% to the core project team. However, these tokens have not been released immediately to prevent inflation and token economy instability. This has helped to keep the KAN price relatively stable.
