KekChain or KEK (KEK/USDT – Trade it here) is a cryptocurrency system that supports smart contracts. Furthermore, they have no scalability and privacy limitations which was an issue with earlier systems such as Ethereum. Basic information for the KEK token is available on the MEXC Digital asset introduction page.
How Does it Work
KekChain is an off-chain and external scaling solution. They let users construct smart contracts. Users need to use code to specify the behavior of the virtual machine (VM). Then, it will execute the contract’s function. They aim to overcome scalability and usability problems. In the process, they will maintain decentralization by leveraging the existing development community and ecosystem.
KEK relies on a combination of Proof of Stake (PoS) and Proof of Authority (PoA) consensus system. It supports short block time and lower fees. These blocks are produced by a limited set of validators. Then, they are chosen in and out according to the staking system. Validators in return will take turns producing blocks in a PoA fashion.
Benefits of KekChain
They have a native cross-chain communication system using bridge. Furthermore, They are Ethereum Virtual Machine (EVM) compatible. It means that KekChain supports all existing Ethereum tooling. You can also easily port all EVM based smart-contracts into KEK. This will further reduce the cost and block time.
Recent Price & Performance of KeK Chain (KEK)
KEK is the primary governance and utility token. Currently, the market price for KEK is $0.0001296 per unit with a fully diluted market cap of $127,559. You can check the live price of KEK Token right here!
How to buy KeK Chain (KEK)
You can buy KeK Chain (KEK) on MEXC by the following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “KEK” using the search bar to see the available trading pairs. Take KEK/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of KEK you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy KEK] to confirm your order. You will find the purchased KEK in your Spot Wallet.
You can find a detailed guide on how to buy KEK tokens here.
Keep Yourself Updated With The Crypto Trend
Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshot and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!