Bancor Network

Last update of information about exchange: 11.12.2018

EXCHANGE QUALITY

Main info:

6.6

Finance:

4.4

Product:

1.9

Security:

4.0

4.2 Score

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SUMMARY

	Launch date:	Apr 2017
	24H volume:	$1,804,859 +4.9%
	Total coins:	120
	Total pairs:	242
	Decentralized:	Yes
	Deposit commission fee:	No
	Withdrawal commission fee:	No
	Types of currencies:	Only crypto
	Technical analysis tools:	No
	Margin trading:	No
	KYC required:	No
	Demo account:	No
	API availability:	No
	Two-factor authentication:	No
	Mobile application:	No
	Support team feedback speed:	Medium Vote
	Supported languages:	English
	Location:	Switzerland
	Website:	https://www.bancor.network

DESCRIPTION

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.