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Blockchain

Bancor Price Chart and Latest News


Published on Mar 31, 2018


Introduction

Bancor is a decentralized liquidity network that allows you to hold any token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.

No Spread

Low cost conversions thanks to a non-profit automated market maker

Continuous Liquidity

Convert any token at any time regardless of buyers and sellers or trade volume

No Counterparty Risk

Buy and sell through smart contracts, no deposits, no exchanges

No Registration Required

On-chain conversions directly from your web3 wallet

Predictable Price Slippage

The Bancor Formula incorporates transaction size and needs no order book so prices are transparent

Backwards Compatible

Any existing ERC20 token can integrate into the Bancor Network with no code changes or fees

Market Value and Rank

Bancor Features

Integrated Tokens

The ever growing Bancor Network enables real time pricing, new token discovery, community engagement, unique bounty opportunities and more...

The Bancor Network Token (BNT)

The Bancor Network Token was activated on June 17, 2017 and serves as the hub network token for the Bancor Network. All tokens in the network can be converted to and from BNT, and thus eachother, at a rate calculated by the Bancor Formula.

Bancor Protocol

The Bancor Protocol is a new standard for cryptocurrencies called Smart Tokens™, which are autonomously and continuously convertible to other tokens in the network at algorithmically calculated rates. The protocol utilizes “connector” modules, which hold balances of other ERC20 tokens within a smart contract. The Bancor Formula constantly recalculates prices to maintain balance between Smart Tokens and their connectors.