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What is it?

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

Website: https://www.bancor.network/

Bancor / BNT

USD: 0.644865 $

EUR: 0.574208 €

BTC: 0.00016354 Ƀ

ESI: 2.70881 i

-1.07% / 1h

-11.41% / 24h

Official blog

Bancor Progress Update

520 days ago

January 22, 2018 Happy 2018! The last few weeks have been big for the crypto industry and specifically for Bancor. We've made great strides in product, expanded our network significantly and are starting to witness the beginnings of our 'hockey stick' growth. Here's the latest: Network Update: 27 Active Tokens! 17 new tokens have integrated the open source Bancor Protocol bringing the total number...

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How Bancor Dramatically Cut Ethereum Gas Costs

490 days ago

The Bancor Network for decentralized liquidity is fundamentally different than traditional and decentralized exchanges. Whereas trading on exchanges requires matching between buyers and sellers, the Bancor Protocol enables users to convert tokens without a counterparty. Another key differentiator is the Bancor Protocol doesn’t rely on added fees, but rather on the growth of BNT (and thus network u...

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How BancorX Works: From Ethereum to EOS and Back Again

233 days ago

BancorX enables automated conversions between Ethereum-based and EOS-based assets without users having to deposit funds on an exchange and without the need for order-matching between buyers and sellers. Anyone can integrate an Ethereum or EOS token with BancorX by staking an amount of those tokens in a smart contract which they own and manage. Behind the scenes, BancorX is based on the ability to...

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BancorX is Live: Automated Conversions Between Ethereum & EOS Tokens

233 days ago

Today Bancor officially pushed BancorX live— enabling automated token conversions between 110+ Ethereum and EOS-based assets. Users can now convert across blockchains without having to deposit funds on an exchange, and without having to find a matching order from a buyer or seller. The ability to easily convert assets cross-chain points to a future in which users and token projects are empowered t...

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Why BNT Is Crucial to the Bancor Network

124 days ago

People often ask about the utility of BNT, Bancor’s Network Token. Why not use ETH, EOS or another blockchain-level token instead of BNT? In short, BNT is a utility token for token creators, who use BNT to: automate fast, fair and affordable conversions of a token; and enable instant conversions of a token across different blockchains. To achieve this functionality, token creators connect to the...

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News

Ledger Interested In Supporting Tron [TRX]

Ethereum World News - 9075 hours ago

Ledger, one of the leading hardware wallets on the market, has announced its interest in implementing support for Tron [TRX]. This was done in response to a tweet sent by a user who wanted to know if in the future the popular wallet could be used to store Tronix. The French company mentioned that although they do not have current support for Tron [TRX], they welcome developers to work with them on...

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Multiple DEX cryptocurrency portfolio token app Totle now live

Cryptoninjas - 9103 hours ago

Totle, a crypto portfolio management tool and decentralized exchange aggregator has announced that its beta is now live on MainNet. Users can track and trade crypto right from their own wallet, buy and sell across multiple DEXs including EtherDelta, Kyber Network, Bancor, and Radar Relay with more integrations coming soon. Multiple DEX cryptocurrency portfolio token app Totle now live

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PR: trade.io Announces Massive Airdrop Campaign

Bitcoin news - 9133 hours ago

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. trade.io has announced the upcoming launch of an unprecedented ongoing airdrop campaign, which...

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Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms

Bitcoin news - 9290 hours ago

Since the creation of bitcoin and the hundreds of other cryptocurrencies in existence individuals have been trading their assets for profit or for other coins. A great majority of people use centralized exchanges, even though many of them require strict identification policies or have lost funds due to hackers infiltrating their platforms. Over the past couple of years, there has been a proliferat...

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PR: Publishing Platform Authorship Is Proud to Announce Their Platform Will Open on June 1st

Bitcoin news - 9381 hours ago

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. One year after their successfully run $4M ICO, Authorship is proud to announce their platform...

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