Plus   Neg

Freewallet To Support Kin Coin


Freewallet said it now fully supports Kin coin or KIN, which has now migrated to its own blockchain.

Users can freely deposit, store and exchange KIN coin on "Freewallet: Crypto Wallet", which is available on Android, iOS, and web.

The multi-cryptocurrency Wallet advised customers to use extra ID while depositing KIN coins.

KIN is a cryptocurrency developed by Kik Interactive, based in Canada. They have made one of the biggest mobile messengers, dubbed Kik Messenger, and claims to have more than 300 million user accounts.

According to Block'tivity, KIN is on the list of the top-10 cryptocurrencies based on their transaction activity.

After the token is swapped and deposited on Freewallet: Crypto Wallet, Freewallet Kin holders can manage KIN, and more than 100 other crypto coins in a secure and free crypto wallet.

Transactions between the Freewallet users are free of cost.

KIN wallet balance can be topped up with more than 100 cryptocurrencies.

Users can check their balance in fiat currencies and monitor the exchange rate of KIN coin with real-time price-charts on Crypto Wallet.

Freewallet is one of three wallets that instantly supported Kin's transition to its own blockchain, based on a special fork from Stellar's network.

Kin provides its users with two different swap options. Kin token holders can exchange old tokens on their own on one of the cryptocurrency exchanges, such as HitBTC or LAToken, or send their ERC20s to a third party partner for a 1:1 swap.

Solomon Brown, Freewallet's Public Relaions head, said Kin is an example of the perfect development of the utility token. "What started as an in-app tool to be exchanged for goods, stickers, and different services within the Kik ecosystem has become an actual cryptocurrency after the launch of it's own mainnet," he said in a statement.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT