Kanga Exchange

Kanga Exchange, established in Poland in 2018, functions as a comprehensive ecosystem of financial technology tools and services designed to promote the integration of cryptocurrency into daily transactions. The company was co-founded by Sławomir Zawadzki and Łukasz Żeligowski, who both serve as Executive Directors. Zawadzki and Żeligowski are described as experienced entrepreneurs with substantial backgrounds in technology and have successfully completed various projects in the FinTech sector and beyond.

The core of Kanga's operation is its cryptocurrency exchange, which facilitates the trading of crypto-assets, including project tokens and personal tokens. The platform supports major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as a variety of stablecoins and altcoins. A key differentiator is its extensive network of over 800 physical over-the-counter (OTC) locations across more than a dozen countries, enabling users to buy and sell cryptocurrencies with cash. This network of 'Kanga Kantor' exchange points aims to merge traditional finance with digital assets, catering to individuals who prefer cash-based or in-person services. The business generates revenue primarily through transaction fees. The standard fee on the exchange is 0.2%, while the physical locations charge a 1% fee plus a negotiable partner commission. Users can reduce trading fees by staking Kanga's native token, KNG.

Kanga offers a suite of products and services beyond simple trading. The Kanga Wallet is a mobile application for managing funds, processing transactions, and accessing other platform features. The KangaPay service allows customers to use crypto for payments at over 130 online and physical stores. For users seeking to generate passive income, the platform provides staking opportunities for the KNG token through a Proof-of-Stake (PoS) mechanism, which distributes a portion of the exchange's transaction fee revenue to stakers. Additionally, Kanga has integrated Coinchange's Earn API, allowing users to generate yield on their digital assets with no lock-up period. Other services include Kanga Loan, which provides crypto-collateralized loans, and Kangastarter, a launchpad for Initial Exchange Offerings (IEOs).

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