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How to buy $KAN ? ​

Buying on Coinstore ​

Coinstore

Coinstore - is a centralized exchange founded in 2020. It is a world-leading crypto asset trading platform that strongly focuses on emerging high-growth markets. Trusted by more than 5.1 million users and 175 countries, Coinstore provides a series of products, including spot trading, futures trading, Launchpad, earn, and wallet.

You can buy $KAN for $USDT on Coinstore here without wondering about gas fees. It is the easiest and recommanded way to buy or sell $KAN. Once bought, you will be able to withdraw your $KAN to the Koinos blockchain in order to be able to play Kanvas. Follow this simple process :

  1. Create an account on Coinstore
  2. Send some USDT to your Coinstore wallet by following this deposit tutorial
  3. Buy KAN on the spot trading pair KAN/USDT, following this tutorial
  4. Withdraw your $KAN to your Koinos wallet following this tutorial

Buying on Chainge ​

Chainge

Chainge Finance - is a decentralized finance application running on the Fusion blockchain that grants users complete control over their assets, as well as complete freedom to interact with innovative financial instruments with no intermediaries needed. Chainge is chain-agnostic which means the swapping process is cross-chained automatically.

You can easily exchange $KOIN for $KAN on Chainge following this simple process:

  1. Download the Chainge app on the Playstore or on the Apple store
  2. Follow the account creation process. Remember to write down your seed. You can also import your existing wallet on which you sent your $KOIN by clicking on your username and Manage
  3. Once you received or imported your $KOIN, click on Swap on the main page and select $KOIN and $KAN. Enter the amount you want to buy and process the swap.

Gas fees

Since Chainge is working on the Fusion blockchain, you will need some Fusion to pay for the gas fees if you have never used the app. You can buy Fusion on MEXC for example and send it to your Fusion Chainge wallet.

Buying on KoinDX ​

Once you have sent your $KOIN to your personal wallet, is is really easy to swap it for $KAN. Follow this process to buy some on KoinDX.

  1. Go to KoinDX, the first decentralized exchange (DEX) on Koinos
  2. Click on the top right button Connect
  3. Accept Terms and Privacy and click on Kondor Wallet
  4. It will show a pop-up with your different accounts. Check the ones you want to connect
  5. Select $KOIN for the input crypto (selected by default) and select $KAN in the by list clicking on the output crypto tag
  6. Enter the amount of $KOIN or the amount of $KAN you want to buy
  7. Click on Swap and accept the transactions popping-up in Kondor

Issues with slippage tolerance ​

Slippage

Slippage characterizes the difference between the expected price of an asset and the actual price at which the trade is executed

Since it is a new exchange, low liquidities are not rare on KoinDX. Hence, swapping can fail due to low slippage tolerance. You can change to a higher slippage tolerance in your settings by clicking on the ⚙ gear on the top right of the swapping page. However, be aware that is will cost you more money than the current market price for this amount. By buying this quantity, you will make the price rise !