According to the abiding law Kanga Exchange does not store fiat currencies. The fiat money is handled in our exchange with the use of stablecoins, i.e. tokens with an exchange rate close to 1:1 to the relevant currency. An example of a commonly used stablecoin in Kanga is PLN° (called an Omega Zloty*).
*Note! The so-called OmegaCoins (hence: OmegaPLN, OmegaEUR, OmegaUSD) have nothing to do with the Omega project — the similarity of names is coincidental.
By depositing zloties into the Kanga exchange the users buy PLN° from Kanga and when they decide to withdraw the PLN°, they are in fact selling it in exchange for Polish zloties.
Apart from the above mentioned omega zloty, other stablecoins used on Kanga Exchange are EUR° (omega euro) and USD° (omega dollar).