{"id":556295,"date":"2024-07-23T14:59:46","date_gmt":"2024-07-23T14:59:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=556295"},"modified":"2024-07-23T15:21:24","modified_gmt":"2024-07-23T15:21:24","slug":"the-kto-token-is-powering-the-first-community-driven-centralized-exchange","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/the-kto-token-is-powering-the-first-community-driven-centralized-exchange","title":{"rendered":"The $KTO Token is Powering The First Community Driven Centralized Exchange"},"content":{"rendered":"
Wilmington, DE, July 23rd<\/strong> – Kounotori (KTO, the company)<\/a>, a visionary company in the cryptocurrency arena, is poised to launch a groundbreaking project that blends the fundamentals of decentralized finance with top-notch security. KTO will redefine the narrative in the centralized exchange landscape.<\/span><\/span><\/p>\n With a secure, transparent, and community-centric investment environment in the pipeline, KTO is introducing a centralized exchange that will be powered by its namesake utility token, KTO.<\/span><\/p>\n Launched on the Ethereum network, KTO is an ERC-20 token with many upsides. Apart from delivering an advanced trading experience, the company also presents an opportunity for KTO holders to earn from multiple streams.<\/span><\/p>\n KTO has taken the market by storm with its revolutionary mission to build the world’s first community-driven cryptocurrency exchange. Currently in its development stage,the open and live <\/span>beta version<\/span><\/a> from KTO is demonstrating that the exchange will offer a secure, compliant, affordable, and user-friendly platform for trading cryptocurrencies.<\/span><\/p>\n Hey Storks!<\/p>\n The KTO Exchange BETA is live! \ud83d\udc49 Join now via the link: https:\/\/t.co\/wsHBF3vMlM<\/a> \u2014 KTO Exchange (@KTO_Exchange) July 6, 2024<\/a><\/p>\n One standout attribute of this exchange is its flexible listing policy which gives investors access to promising low-cap cryptocurrencies that may not be found on other CEXs. With that, investors can gain early exposure to emerging cryptos and capitalize on their growth potential before they go mainstream.<\/p>\n Meanwhile, KTO understands that listing costs on current CEXs are too expensive for newer projects. Therefore, rather than charging up-front costs, the CEX will accept payment in the native token of the listed projects after the tokens and project developers pass a rigorous verification process.<\/span><\/p>\n To expand on that, the centralized exchange from KTO will be home to both major and less-known cryptos. As such, it will be the ideal destination for those who want to build a diversified investment portfolio.<\/span><\/p>\n The company is also building out vital and exclusive exchange features and functions like advanced user settings, manageable activity logs, easy to read trade reports, quick access to fiat banking, and referral opportunities – all so users can personalize their trading endeavors.<\/span><\/p>\n More so, in keeping true to its mission to deliver unique centralized exchange services, KTO partnered with Tech Alchemy, a leading blockchain development team based in London. Tech Alchemy will bring some core features of DeFi into the centralized exchange to give more visibility to listed projects.<\/span><\/p>\n @TechAlchemy<\/a> is harnessing its expertise to create the groundbreaking #KTO<\/a> Exchange, a game-changing platform built entirely from scratch.<\/p>\n Prepare to witness a new era of #innovation<\/a> and possibilities!<\/p>\n Follow us on all of our socials to stay updated!https:\/\/t.co\/OqUOJzSH4M<\/a> pic.twitter.com\/LrBdiKy6BR<\/a><\/p>\n \u2014 KTO Exchange (@KTO_Exchange) July 11, 2023<\/a><\/p>\n Beyond Tech Alchemy, KTO has collaborated with other notable brands like Fireblocks, TradingView, and AWS, a feat that speaks to its credibility.<\/p>\n Looking at the company, the token, and the CEX, below is a compiled list of noteworthy features that promise to benefit each user.<\/span><\/p>\n To deliver a streamlined experience and help traders make informed investment decisions, <\/span>KTO<\/span><\/a> will feature several trading pages, offering a variety of charts, data, and other supporting information.<\/span><\/p>\n Each market covered on the exchange will have a breakdown of all listed assets so that investors can focus on their favorites with ease.\u00a0<\/span><\/p>\n In terms of security, KTO – the company, the token, and the exchange – ticks all the right boxes. Their diligence at each step ensures that every process and click meet or exceed the highest standards to safeguard the safety of users and their assets.<\/span><\/p>\n To wit, the company has already implemented security measures such as regular audits, KYC <\/span>certification, and professional assets management services.<\/span><\/p>\n Adding a feather to Kounotori\u2019s cap is it’s Valley Stork NFTs. Available on OpenSea, this collection features an oriental white stork that symbolizes prosperity and longevity in Japanese culture.<\/span><\/p>\n By holding any of its NFT collections, investors will unlock numerous benefits on their upcoming CEX, including reduced trading fees and higher staking rewards.<\/span><\/p>\n $KTO has a total supply of 1 quadrillion coins. 50.5% of this supply has been dedicated to liquidity and locked for 5 years to fuel the project\u2019s future growth.<\/span><\/p>\n The company burned 40% of the total supply and allocated the remaining 9.5% to its team budget.<\/span><\/p>\n Here are some of the significant benefits of holding $KTO:<\/span><\/p>\n $KTO holders will enjoy a discounted trading fee while using the KTO exchange. This cost-saving benefit helps investors to fully maximize their gains and contributes to their overall experience.<\/span><\/p>\n Holding $KTO opens up an opportunity for investors to earn passively through its staking model. KTO caters to various investment goals by offering two types of staking options – locked and unlocked.<\/p>\n Unlike the unlocked option, locked staking delivers higher rewards. For instance, those who lock their tokens for a period of 3 to 12 months can receive an APR reward of over 20%. As for unlocked staking, investors will receive their reward every month as long as they retain the minimum balance of the crypto. Staking returns will be paid in stablecoins such as USDT and USDC under both strategies.<\/span><\/p>\n Beyond the APR rewards, the amount staked by investors will determine the discount they get on trading fees. Simply put, the higher the amount staked, the higher the discount.<\/span><\/p>\n $KTO sets itself apart from its peers by offering an opportunity for holders to benefit from every transaction. The project adopts a sliding tax model that ensures that a minimum of 3% of each transaction is redistributed among holders.<\/p>\n Additionally, $KTO has a burn mechanism that receives the same portion of reflections as token holders. This deflationary aspect of the project will greatly boost the value of the token in the long run.<\/span><\/p>\n Another standout utility of $KTO is its governance function. Kounotori says token holders will be able to vote on the crypto projects to list on the centralized exchange and also influence its future.<\/p>\n Given its multiple utilities, $KTO has the potential to skyrocket in value and deliver substantial returns to investors, particularly those who get in early. One of the major factors that will drive its future performance is the launch of the company\u2019s centralized exchange.<\/p>\n At its core, the exchange will offer a wide range of innovative trading services – including buying and selling of cryptocurrencies, staking, a futures market, and an NFT marketplace, amongst others.<\/p>\n These offerings are in line with market trends and reflect traders\u2019 needs. Experts believe the KTO exchange will quickly resonate with a broader audience, thereby impacting the future price performance of $KTO. With its current low price point and market cap, this might be the right time for savvy investors to strengthen their portfolio with KTO.<\/span><\/p>\n The company has made getting $KTO before the exchange launch easy to obtain via their <\/span>KTOverter<\/span><\/a>. With KTOverter, users can engage in P2P-style transactions while converting ETH into $KTO to avoid high gas fees.<\/span><\/p>\n As the market ramps up for the next bull run, $KTO\u2019s unique value propositions strengthen its appeal as a reliable investment option that can offer explosive ROI to early buyers.<\/span><\/p>\n The token is currently exchanging hands for a fraction of a cent, creating a prime opportunity for those scouting for an under $1 low-cap crypto with multiple potential upsides. For those interested, $KTO can be purchased with ETH on top-tier crypto exchanges like Uniswap, 1inch, and QuickSwap – or through their KTOverter.<\/span><\/p>\n That being said, KTO has some big news on the way which will deliver more added value to their exchange and token ecosystem. To avoid missing out, join the Kounotori community:\u00a0<\/span><\/p>\n Website:<\/b> https:\/\/kounotoritoken.com\/<\/a><\/span><\/p>\n Twitter: <\/b>https:\/\/x.com\/kto_exchange<\/span><\/a>\u00a0<\/span><\/p>\n Instagram: <\/b>https:\/\/www.instagram.com\/kounotoritoken<\/a><\/span><\/p>\n At <\/span>Kounotori<\/span><\/a>, our vision is to pioneer a future where financial opportunities are universally accessible, driven\u00a0<\/span>by innovation, security, and community collaboration. We aspire to create a revolutionary cryptocurrency\u00a0<\/span>exchange platform that seamlessly blends the reliability of centralized systems with the transformative\u00a0<\/span>potential of decentralized finance (De-Fi). Our commitment to integrity, innovation, community focus, and security forms the bedrock of our mission.<\/span><\/p>\n We prioritize transparency, honesty, and ethical conduct, fostering trust and credibility in all our interactions.\u00a0<\/span>By relentlessly pursuing innovation, we aim to redefine the cryptocurrency landscape and empower\u00a0<\/span>individuals to take control of their financial future. Our community-centric approach ensures that every\u00a0<\/span>voice is heard and valued, guiding us as we implement robust security measures to protect the assets and\u00a0<\/span>data of our users. Together, we are shaping the future of finance, one secure and community-driven step at a time.<\/span><\/p>\n Press Contact<\/b><\/p>\n Name: Michael Petricca<\/span><\/i><\/p>\n Title: CEO\/President<\/span><\/i><\/p>\n Email: <\/span><\/i>mike@kounotoritoken.com<\/span><\/i><\/p>\n This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<\/p>\n
What Exactly Is Causing The Wild Excitement Around The KTO CEX?<\/b><\/h2>\n
\nSign up, test, and push it to its limits. Break it!
\nWe need your feedback on all aspects. \ud83d\udcdd<\/p>\n
\n\ud83d\udc49 Complete KYC (automated verification, please be patient)
\n\ud83d\udc49 Use ‘123456’ for OTP prompts\u2026 pic.twitter.com\/z8yEs1Hf6e<\/a><\/p>\nNotable KTO CEX Features<\/b><\/h2>\n
KTO Personalization<\/strong><\/h3>\n
KTO Security<\/strong><\/h3>\n
<\/p>\n
KTO NFTs<\/strong><\/h3>\n
<\/p>\n
A Word on $KTO Tokenomics<\/b>\u00a0<\/span><\/h2>\n
<\/p>\n
Benefits Of Holding $KTO Tokens<\/b><\/h2>\n
Reduced Transaction Fees<\/strong><\/h3>\n
Staking Offering<\/strong><\/h3>\n
Reflections & Transaction Burns<\/strong><\/h3>\n
Governance Role<\/strong><\/h2>\n
Promising Market Potential<\/strong><\/h3>\n
Bottom Line<\/strong><\/h2>\n
Looking Forward with KTO<\/b><\/h2>\n
About Kounotori<\/b><\/h2>\n