How do I swap old Kyber (KNCL) for new Kyber (KNC)?

Everything you need to know about the transition from old Kyber (KNCL) to new Kyber (KNC) and how to perform the swap directly inside your Exodus wallet


In this article:

When was the Kyber network token migration?

In April 2021, Kyber had an upgrade where it migrated to a new smart contract. The Kyber team replaced old Kyber (KNCL) with a new Kyber (KNC) token. Kyber v1 could be swapped for the new Kyber at a 1:1 ratio.

Why do I see old Kyber (KNCL) and Kyber (KNC) in my Exodus wallet?

The Kyber team has kept the same name for the new token: Kyber (KNC). The old token has been named Kyber (KNCL).

So you’ll see two wallets in Exodus that will hold the old and new Kyber:

  • Kyber (old) (KNCL) – old token
  • Kyber (KNC) – new token

How do I swap from old Kyber (KNCL) to new Kyber (KNC)?

To swap your old Kyber (KNCL) to new Kyber (KNC), you can follow the swap process.

Mobile:

Open your old Kyber (KNCL) wallet.

Tap on the Advanced Options icon in the top right corner.

You can now see the screen to Claim Kyber (KNC). You will need some ETH to pay network transaction fees for this claim. Tap Claim.

Do not close Exodus until you see the Success! screen (should not take more than a few minutes).

That’s it! Once the swap is complete, you can go to your new Kyber wallet to view your newly deposited KNC tokens.

Desktop:

Open your old Kyber (KNCL) wallet.

a) Click the More options menu in the top right-hand corner. Then b) click Claim KNC.

You will need some ETH to pay network transaction fees for the token swap. To confirm, click Claim.

Do not close Exodus until you see the Swap Successful! screen (should not take more than a few minutes).

That’s it! Once the swap is complete, you can see your new KNC tokens in your Kyber (KNC) wallet.

Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.

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