Kriptoks

Kanga Exchange is a cryptocurrency trading platform that offers users an intuitive and secure environment to trade their digital assets. KNG is the native utility token used to pay for all transaction fees on the Kanga Exchange. As the only payment method accepted on the platform, users must have KNG tokens to use the services offered.

The total supply of KNG tokens is 21,000,000, and it is an ERC20 token. More information regarding the token's parameters can be accessed on etherscan. The release of all KNG tokens at once has been prevented, and instead, the process will be broken down over several years.

Kanga Exchange offers several passive income mechanisms for KNG token holders. The Proof-of-Stake (PoS) mechanism allows KNG holders to earn a share of the fees collected on the Kanga Exchange platform. This means that the more KNG tokens a user holds, the more they can earn from the platform's transaction fees.

The KNG token holders can also benefit from the exchange's referral program. Users can invite their friends to join the platform using their referral link, and they will earn a percentage of their referrals' trading fees as a commission.

Furthermore, Kanga Exchange also offers a staking program, which allows users to earn passive income by holding their KNG tokens in a wallet. The staked KNG tokens can be used to vote on important platform decisions, and users can earn a percentage of the transaction fees for their participation.

In conclusion, KNG is the native utility token of Kanga Exchange and is used to pay for all transaction fees on the platform. With a limited supply of 21,000,000 tokens, KNG token holders can benefit from several passive income mechanisms, including the PoS mechanism, referral program, and staking program. By holding KNG tokens, users can earn a share of the transaction fees collected on the Kanga Exchange platform, making it a potentially lucrative investment opportunity.