Introducing KyberSwap’s new Portfolio Dashboard and Market Signals!
Exciting new KyberSwap feature for traders, plus a major update for Limit Orders!
At KyberSwap, we have focused primarily on building features and tools to help users execute a trade as conveniently and securely as possible. We understand that this isn’t enough; many users still have to juggle through multiple platforms to manage their portfolio and to stay abreast of market news. We are committed to doing our best to help our users make informed trading decisions and manage their assets, while not compromising a smooth trading experience.
Introducing Portfolio Dashboard
We’re glad to unveil a very useful tool for KyberSwap traders — your very own portfolio management dashboard! KyberSwap’s dashboard allows you to view a convenient breakdown of your crypto wallet allocation across different ERC20 tokens (including ETH). If you have previously transacted through KyberSwap or any DApp or platform that uses Kyber Network for their liquidity needs, your transactions history (with details) will be shown to help you understand your trading behaviour and conduct more in-depth analyses and trading strategies.
All you need to do is connect your wallet to KyberSwap and we will immediately pull all the necessary data for you. With a good overview of your portfolio breakdown, you’d be able to rebalance or trade on KyberSwap as you deem necessary. Check out the new Portfolio Dashboard!
Note: 1) For brevity, only your last 1000 transactions will be shown. 2) Mobile apps already show historical transactions, so this feature is only available on desktop.
Stay sharp with Market Signals
Crypto markets can be very volatile and at times one of your token holdings may change in price substantially within just a few minutes. For example: ETH moved up by 14.5% within a few hours on 11th Feb 2020 (4 days ago). KyberSwap previously launched non-custodial limit orders and price alerts to allow you to take advantage of such movements in price. To complement our current tools, we are now introducing ‘Market Signals’ that will be sent to you via push notifications. For example, you may receive a push notification on your mobile that “ETH is up by 14.5% to $250 in the last 1 hour”, and you may then choose to buy or sell ETH quickly on KyberSwap.
If you have previously accepted the option to receive push notifications from KyberSwap, no further action is needed from your side. If you are new to KyberSwap, we will ask your permission to receive notifications. To accept, just press “Yes” or “Allow”. If you have previously denied KyberSwap permission to send notifications, you won’t be receiving these market signals. (You can always change settings to start receiving signals)
Soon KyberSwap will also starting sending notifications for transaction confirmations, limit order fulfilment, tokens received etc. You will need to sign in to your KyberSwap account to view them.
This feature will be available on both mobile apps and desktop.
Limit Order Update: Removal of slippage buffer for more robust trade execution!
Since the launch of our non-custodial Limit Orders, we received a lot of feedback from our users on how to make it even better. One of the most common feedback can be summarised into this question:
“I submitted my limit order but it was not triggered even though my desired price was hit?”
Let us explain one such event with an example: “Suppose 1000 users submitted WETH → DAI limit order when WETH price = 300 DAI.”
Previously, when WETH reached 300+ DAI, KyberSwap uses an algorithm to broadcast some of the transactions, instead of all 1000 transactions at once. KyberSwap used to wait for rates to be 1–3% higher than the actual target rate. This was done to avoid slippage and liquidity issues which may be lead to transaction failures and cost additional gas fees.
KyberSwap has now REMOVED the 1–3% restriction for Limit Orders
Based on a few months of trials, we have seen that the likelihood of transaction failure due to volatility is low. As such, we have decided to remove the 1–3% buffer for Limit Orders! KyberSwap will now trigger your limit order as soon as it hits your desired rate.*
*Failed transactions may occur in some cases. We will continue to monitor this feature and see how we can optimise it further. Do give us feedback!
$5000 Kyber Network Crystal (KNC) Trading Campaign
To celebrate the launch of our Portfolio Dashboard and Market Signals, as well as our Limit Order update, we will be organizing a KNC trading campaign with a total of 14,300 KNC (~$5000) in prizes!
Trading prizes: 13,200 KNC tokens (~$4600)
🥇1st place wins: 2900 KNC (~$1000)
🥈2nd place: 1700 KNC (~$600)
🥉3rd place: 1100 KNC (~$400)
Next 50 traders: 150 KNC (~$52) each
How to win?
Just trade $KNC on KyberSwap!
- Sign in to your KyberSwap account via email, FB, Google, Twitter, or Telegram. No KYC needed.
- User can perform a token swap or limit order, and one of the tokens must be KNC (any token → KNC or KNC → any token).
- More details can be found here http://kyberswap.com/promo/knc and in this blog post.
Duration : From 15 Feb 00:00 to 28 Feb 00:00 (GMT+8)
BONUS: 4 Twitter Winners share 1100 KNC (~$400)!
- Each winner gets 275 KNC (~$100)*
To win, simply:
- Follow KyberSwap and Kyber Network on Twitter
- Retweet this pinned tweet about our KNC trading contest
- Tag 3 friends in the comments
*Winners will be randomly selected
Kyber Network’s upcoming Katalyst protocol upgrade will be introducing KNC staking in Q2 and this is the perfect opportunity to purchase the KNC you need!
Thank You and Good Luck!
👉🏻Download KyberSwap Android App