Introduction

When you thinks about transferring your token to exchange to trade or buy any other token then the first thing which cames into you mind that transferring my token to any exchange is safe or not and this is very difficult to decide when day by day news comes about that exchange is hacked. So in this dapp review which is listed on stateofthedapp I am going to give you an solution for this problem.

What is kyber network.

Kyber network is providing a service which unables decentralised on-chain token swap. It means you don’t have to transfer your funds on any exchange simply it will swaps between two token with any exchange in between now that’s an true decentralised system where everyone can feel safe for there funds and can trade between two token buy using the service of kyber network.

They are compatible with lots of big wallet including my ether wallet. Which is largely used for storage of ethereum based token.

Also include big names which are stated above in the image.
So they are targeting big market to fade the fear form the mind of people who thinks that exchanges are not safe.

Here is the list of all wallets which are compatible with kyber networks on-chain token swap

This makes token to swap instantly and with the security of decentralised system.

the good

• this project itself is an great effort to make crypto truly decentralised.
• saves money because you don’t have to transfer on exchange and again transferring it back to wallet.
• almost every token based on ethereum can be swapped

the bad

• everyone is trying to make this possible imToken also offers this within wallet so why anyone use it.
• it takes long time than usual.

Conclusion

Overall this all makes an impact on the industry of swapping token instantly and while using the dapp it feels that my token are secure.
I will give this dapp :-3.5/5