|Launch date:||Apr 2017|
|24H volume:||$1,804,859 +4.9%|
|Deposit commission fee:||No|
|Withdrawal commission fee:||No|
|Types of currencies:||Only crypto|
|Technical analysis tools:||No|
|Support team feedback speed:||Medium Vote|
The Bancor Protocol enables automatic price determination and an autonomous liquidity mechanism for tokens on smart contract blockchains.
These Smart Tokens have one or more connectors to a network, that hold balances of other tokens, and enable any party to instantly convert or liquidate the Smart Token for any of its connected tokens, directly through the Smart Token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.
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