Changelly Lists Nervos token (CKB)

Place/Date: - December 2nd, 2020 at 12:47 pm UTC · 3 min read
Contact: Changelly, Source: Changelly

We are happy to announce that Nervos token will be joining the family of the over 160 cryptocurrencies available for exchange and purchase on Changelly! Starting today, users will be able to buy CKB with fiat or swap it with other digital assets at fixed or floating rates on our platform.

Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges blockchains like Bitcoin and Ethereum face today. CKByte (Common Knowledge Byte) is the native token of the Nervos CKB. CKByte represents ownership of the Common Knowledge Base blockchain and is designed to be used as a store of value and for resource management. You can use CKByte to store assets, smart contracts, and other types of “common knowledge” or you can rent out your available space.

CKB is the layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto asset to be stored with the security, immutability, and the permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling and captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.

Changelly CEO Eric Benz is confident that this listing will benefit both companies:

“We are always excited to see new tokens joining Changelly. Not only does it provide a better user experience for our customers, but it also helps us to simultaneously support innovative projects and attract new users to our platform.”

About Nervos

The Nervos Network is an open source public blockchain and collection of protocols solving the biggest challenges facing blockchains today. Built from the ground up with a layered architecture, Nervos Common Knowledge Base (CKB) is the Layer 1 proof-of-work (PoW) public blockchain protocol of the Nervos Network.  Built to scale, CKB is the foundation for all Layer 2 protocols, integrations and scaling solutions, while remaining permissionless, decentralized and secured by PoW.

Any crypto-asset can be stored, with the security, immutability and permissionless nature of Bitcoin, while enabling smart contracts, Layer 2 scaling, and the capture of total network value through a unique crypto-economic ‘store of value’ design, and native token, the CKByte. The CKbyte scales with value creation through other tokens, assets, data and smart contracts deployed on the network.

As the Nervos network grows, so does the demand for the CKByte token. It is this innovative crypto-economic design that ensures the network’s “store of asset” properties, aligns all participants, and secures the network’s future indefinitely.

About Changelly

Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto. Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 160+ cryptocurrencies that can be effortlessly swapped within 10 minutes on desktop and on-the-go via Changelly mobile app.

In 2020, Changelly has branched out to accommodate the needs of traders. PRO has been built as a platform focused around the needs of the customer, effectively enabling retail buying and selling of digital tokens and coins. Piggy-backing the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.

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