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0.5X Long Kyber Network Price (KNCHALF)
$11,011.89
0.00%
Rank #11638
0.5X Long Kyber Network Price Chart (KNCHALF/USD)
Last updated 22 Jun 2022, 09:12AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 |
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KNCHALF / USD | $8,989.00 | 0.41% | $92 |
KNCHALF Price Statistics
$0
24H Range
$0
- 0.5X Long Kyber Network Price Now $11,012
- 24h Low / 24h High $0 / $0
- Trading Volume $64
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
$15,428 -28.62%
Apr 24, 2022 -
All-Time Low
$100 116.78%
Nov 04, 2020
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0.5X Long Kyber Network Cryptocurrency
The Basics of 0.5X Long Kyber Network Cryptocurrency
The 0.5X Long Kyber Network cryptocurrency is a digital asset that aims to provide investors with the opportunity to achieve leveraged exposure to the Kyber Network cryptocurrency. It is designed to track the performance of Kyber Network with a leverage factor of 0.5x, allowing investors to amplify their returns.
Understanding Kyber Network
Kyber Network is a decentralized liquidity protocol built on the Ethereum blockchain. It allows users to trade cryptocurrencies directly from their wallets without the need for traditional intermediaries. By leveraging smart contracts, Kyber Network facilitates instant and seamless token swaps.
Why 0.5X Long Kyber Network?
0.5X Long Kyber Network cryptocurrency offers investors a unique opportunity to gain leveraged exposure to Kyber Network's performance. With a leverage factor of 0.5x, investors can amplify their potential profits while mitigating risks associated with higher leverage ratios. It enables individuals to engage in leveraged trading without the complexity of margin trading.
Risks and Considerations
It is important to note that leveraged trading involves inherent risks. While 0.5X Long Kyber Network cryptocurrency can potentially amplify returns, it can also magnify losses. Investors should carefully assess their risk tolerance and thoroughly understand the dynamics of leveraged trading before engaging in such investments.
Conclusion
The 0.5X Long Kyber Network cryptocurrency offers investors the opportunity to gain leveraged exposure to Kyber Network. By tracking the performance of Kyber Network with a leverage factor of 0.5x, investors have the potential to amplify their returns. However, it is crucial to exercise caution and comprehend the risks associated with leveraged trading.