What is Kin (KIN) Coin
The Kin cryptocurrency is used as money within a digital ecosystem of consumer applications and services. It was initially launched as an ERC20 token on the Ethereum blockchain, and was designed to be the main currency in the Kik messenger ecosystem. Kik had initially launched a rewards points system, not a cryptocurrency, called Kik Points that ended in 2017.
Kin is short for Kinship, since its aim was to strengthen ties within the Kik community. Kik raised around $100 million dollars in the Kin initial coin offering (ICO) in September 2017. In September 2019, Kik said that it would be shutting down its messaging app in order to fight a lawsuit with the United States Security and Exchange Commission over whether the Kin ICO sold unregistered securities.
In October 2019, MediaLab bought Kik messenger, with the goal of preserving Kin. In October of 2020, Kik Interactive Inc. and the SEC announced they had reached a final settlement agreement, following a long legal battle pertaining to the creation of Kin as a cryptocurrency in 2017.
How To Buy Kin (KIN) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Kin coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Kin coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Kin (KIN) Coin
Kin (KIN) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Kin (KIN) Coin Review
You can learn more about Kin (KIN) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://kin.org/ Whitepaper https://kin.org/wp-content/uploads/Kin_Whitepaper_V1_English.pdf Github https://github.com/kinecosystem Medium https://medium.com/kinblog Documentation https://developer.kin.org/docs/ Telegram https://t.me/TheKinChannel Discord https://discord.gg/kdRyUNmHDn Youtube https://www.youtube.com/c/KinFoundation