NKNNKN price AUD (NKN)

NKN price chart

The below NKN price chart tracks the price of NKN against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$144.8M

Volume 24hr

$37.2M

Supply

781.7M NKN

Max supply

1.0B NKN

What is NKN?

✓Decentralised internet ✓Share network connections ✓Utilize unused bandwidth

NKN, or New Kind of Network, is a peer-to-peer network protocol that provides infrastructure for a decentralized internet. It incentivises users to share network connections and utilize unused bandwidth to facilitate payments, transactions, and messages.

NKN has already launched several dApps, including an encrypted secure mobile wallet and chat application (nMobile), a content delivery network (nCDN), and a server-less, secure, and private chat (D-chat). The NKN utility token is used to access and share data on the network.

NKN was founded in January 2018 by Zheng "Bruce" Li along with a group of entrepreneurs and engineers from companies like Google, Nokia, QCOM, Baidu, and Onchain.

How do I buy NKN?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of NKN that you would like to buy.
  3. Confirm your purchase and NKN will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common NKN questions

Who created NKN?

Bruce Li, co-founder and co-CEO of NKN was educated in China and Australia and later worked in Australia, Finland, and the US before co-founding NKN in March 2018. Li previously worked for Nokia and Google specialising in technology and business innovations in telecommunications and software.

Where can I buy NKN in Australia?

The best place to buy and trade NKN at its current price in Australia is on a cryptocurrency exchange like [Cointree](https://www.cointree.com/). With our secure trading platform, we make it easy to buy and sell NKN in Australian dollars. All you need to do is sign up to our exchange, go through the ID verification steps to confirm your personal details, deposit funds and you'll be ready to make your first purchase. Our exchange offers an expert customer service team to help you trade cryptocurrency, low trading fees, and multiple payment options so that you can buy and sell NKN with ease. You can deposit your funds and make your first purchase in minutes.

How does NKN work?

The New Kind of Network (NKN) is a public blockchain designed to facilitate the sharing of internet connectivity and network bandwidth. The platform accomplishes this task through the integration of a variety of proprietary protocols including a decentralised wallet, blockchain, and data access systems.

Where can I store my NKN?

You can store your NKN in the free multi-coin [digital wallet](https://www.cointree.com/learn/cryptocurrency-wallets/) that you receive when you sign up for an account with Cointree. Alongside your NKN, you can store hundreds of other digital currencies listed on our exchange, such as popular long-term investments bitcoin and Ethereum. Alternatively, you can store your NKN in an external hardware wallet like a Ledger.

What is the NKN market cap?

At the time of writing, NKN has a market cap of $95M and a maximum supply of 1B NKN.

Why is Cointree the best place to buy NKN in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of NKN.

Fast and transparent

Buy NKN in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more NKN with every dollar invested.

Safe and secure

Buy NKN with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your NKN?

Deposit NKN

Have multiple wallets and need to trade quickly? Deposit NKN into your Cointree account instantly and move your crypto with ease.

Hold NKN

Many members buy and hold their NKN as a long-term investment. You can hold your NKN in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade NKN

You can instantly trade any portion of your NKN for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send NKN

When you buy NKN in Australia with Cointree, you can quickly and easily send your NKN to any other NKN wallet.

Spend NKN

You can spend NKN purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting NKN every day.

Learn About NKN

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first NKN, to an expert holding a diversified portfolio of cryptocurrencies.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.