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How & Where to Buy Kin (KIN)

Buying Kin (KIN) for funds from your bank requires a 2-step process. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells KIN in exchange for Bitcoin or Ether.

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Step 1Buy BTC or ETH at Coinbase

Sign up and purchase BTC or ETH at Coinbase.

If Coinbase is not available in your jurisdiction, view our list of exchanges that sell BTC or ETH for Government issued money.

Step 2Go to a supporting KIN exchange:

Transfer your newly purchased BTC or ETH from your wallet to one of the exchanges listed below.

Detailed Kin Buying Guide

  1. Sign up at Kraken, the #1 rated KIN exchange.
  2. Fund your account with cash or crypto.
  3. Buy KinKIN

  1. STEP 1Find the Best KIN Exchange

    • kraken exchange
      kraken exchange

      Kraken

      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $189,010,906
      Coins
      214

      A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. In addition, debit and credit card purchases are permitted with comparably low fees. Well-suited for beginners and those who want to buy and hold coins long-term.

      Buy at Kraken Read Review

    Go to Kraken and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Kin KinKIN quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy KIN with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for KIN.

FAQ

How do I Buy KIN with Crypto?

If you want to buy KIN with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Kraken and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Kraken.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Kin (KIN)?

To sell KIN, simply reverse the buying process described above. You will likely need to trade your KinKIN into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Kin Price & Information

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Should I Buy Kin? Why Investing in KIN Coin Might Be A Good Idea

What is Kin?

Describing themselves as “a fair and open digital services ecosystem,” Kin is a blockchain-based network of digital services providers, known as the Kin Ecosystem. Kin (KIN) is an Ethereum-based token that is the native currency for the Kik chat platform. The goal of Kin is to use the blockchain to bring communications, information, and commerce together in new ways previously unachievable. They aim to create an alternate ecosystem of digital content that is fair and open to application developers, using Kik as a platform to help spread the adoption of the KIN token.

History of Kin

Kin was originally developed by Kik Interactive, creators of the chat platform Kik, and announced to the public in May 2017. First distributing tokens to Kik users in September 2017, Kin concluded its ICO token sale later that month, raising almost $100 million in project funding. KIN was listed on exchanges the following month and briefly surpassed a market cap of $1 billion in January 2018. In July 2018, they released the beta version of their first mobile app, designed to integrate participating services with a KIN cryptocurrency wallet. The Ethereum contract for KIN designated the creation of a total of 10 trillion tokens.

How Kin Works

Kin is an ERC20 complaint token that is integrated into the Kik chat platform and Kin Ecosystem. In order to bring participants into their network, they have developed a “rewards engine” that distributes KIN to users based on an algorithm used to determine their merit of positive impact on the network. The Kin Rewards Engine takes heavily into consideration the potential for manipulation and is designed to be “resistant to the abuse and economic vulnerabilities inherent in a decentralized network context.” Users will be able to redeem their KIN at the Kin Marketplace Beta for gift cards from retailers like Amazon, AMC Theaters, and Google Play. Within the Kik platform, Kin can be spent for “shoutout messages,” tipping other users, bot monetization and brand missions.

Why Kin?

In addition to serving as the native currency for the Kik chat platform, an entire ecosystem of communications-based products and services are being built around the Kin platform. Some of the advantages the KIN token has over other cryptocurrencies are:

A new vision of digital services governance. Kin aims to provide an equalizing factor among participants and application developers, assuring that no third party can corrupt the platform or wield undue influence, helping it to maintain a sense of fairness and balance for participants of the Kin Ecosystem.

Participation in Kin Ecosystem. KIN can be spent on service providers and a number of different functions within the Kin Ecosystem, including special features on Kik and at the Kin Marketplace.

ERC20 compliant. As an Ethereum-based token, Kin enjoys the features and stability provided by the Ethereum network and enjoys the security of its use as a settlement layer.

Earnable currency. Instead of the traditional methods of mining, KIN tokens are earned, meaning it is distributed to users of the Kik platform and other participating providers based on their contributions to the Kin Ecosystem.

 

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