• Coins 0
  • Exchanges 0
  • Market Cap $0
  • 24h Vol $0
  • Dominance

Bancor Network Token (bnt) Live chart

Rank Name Price 24h Change Total Supply Circulating
113
BNT
Bancor Network Token logo Bancor Network Token BNT
$ 4.16 -1.16% 233 255 344 233 255 344 Trade!

Bancor Network Token (bnt)

Bancor is a blockchain protocol that allows users to convert between different tokens directly as opposed to exchanging them on cryptocurrency markets. The project offers a network, which we’ll discuss soon, that works to bring liquidity to the majority of tokens that lack a consistent supply/demand in exchanges. That network is built on smart contracts and a new class of cryptocurrencies that the team calls “Smart Tokens.” Bancor is looking to provide support to the illiquidity that currently exists within the cryptocurrency market. Illiquidity isn’t so much an issue for top coins like Bitcoin or Ethereum because there are always buyers and sellers looking to exchange those coins. It is definitely an issue, however, for the thousands of other tokens that may serve legitimate decentralized purposes but haven’t attracted enough attention in the market to be liquid. Bancor’s protocol uses smart contracts to create Smart Tokens, which serve as an alternative mechanism for trading. A key characteristic of the protocol is that it doesn’t call for an exchange of tokens with a second party, as in the case of cryptocurrency exchanges. Rather, it employs Smart Tokens to convert between different ERC-20 tokens internally. These conversions take place through the blockchain’s protocol and completely outside of cryptocurrency exchanges. Smart Tokens process token conversions internally by holding reserves of other ERC20 tokens within their Smart Contract. They can then convert back and forth between those reserves as users request it. The Bancor team consists of a core Foundation Council and their Advisory Board. The Foundation Council includes four individuals based out of Zug, Switzerland. Bernard Lietaer is a Belgian civil engineer, economist, author, and professor. Lietaer specialized in monetary systems and promotes the notion of communities creating their own local currencies. Guy Benartzi serves as co-founder and is recognized for founding the gaming company, Mytopia. Benartzi also co-founded Particle Code, a development studio based in Tel Aviv, Israel. Guido Schmitz-Krummacher is an executive of the Bancor Protocol foundation that’s involved with a variety of commercial entrepreneurial ventures in Switzerland. His involvement in the crypto space includes that of Bancor as well as an executive position in crowdfunding network, Tezos (XTZ). One of the key elements of the Bancor Network is the automated pricing. This comes from the Smart Tokens’ built-in automated market makers. These automated market makers mean that the tokens’ smart contracts always buy or sell Smart Tokens from or to any user in exchange for any connector token (as well as any token found in the network). The price comes from the Bancor Formula. This formula that is responsible for balancing a Smart Token’s demand and supply while also maintaining the ratio between the token’s total value with the connector token balances. The creator of the Smart Token configures these ratios, known as the connector weight. The creator can adjust them with the goal of decreasing or increasing the liquidity level of the token. The connector weight indicates price sensitivity, or how much sells and buys affect the price movement. Any time the prices no longer syncs with prices listed on external exchanges, the arbitrageurs will quickly balance the gaps."

Bancor Network Token Top Trading Bots

The cake is a lie, these numbers are not

🐙 OCTO BOT [V3] Kryll strategy poster

🐙 OCTO BOT [V3]

+ 7.50%
Launched Sep 13, 2021 (BNT-USDT)
#1
Enigma Original Kryll strategy poster

Enigma Original

+ 565.73%
Launched Jul 7, 2021 (VRA-USDT)
#2
Manaia Panda 🐼 Kryll strategy poster

Manaia Panda 🐼

+ 445.64%
Launched Mar 4, 2021 (MATIC-USDT)
#3
MOONLIGHT Ultimate - V9 - 🌘 Kryll strategy poster

MOONLIGHT Ultimate - V9 - 🌘

+ 411.84%
Launched Jun 9, 2021 (ETHBULL-USDT)
#4

Market pairs

Search icon
Rank Pair Name Volume (24h)
1 ETH / BNT Bancor Network $ 170 648 553.86 Trade!
2 WBTC / BNT Bancor Network $ 2 100 493.68 Trade!
3 LINK / BNT Bancor Network $ 8 243 085 059.84 Trade!
4 USDC / BNT Bancor Network $ 106 292 334 114.97 Trade!
5 USDT / BNT Bancor Network $ 110 631 162 061.09 Trade!
6 DAI / BNT Bancor Network $ 142 646 049 351.68 Trade!
7 BNT / USDT Crypto.com Exchange $ 2 264 288 674.21 Trade!
8 ENJ / BNT Bancor Network $ 4 579 913 374.72 Trade!
9 EDEN / BNT Bancor Network $ 11 545 518 736.50 Trade!
10 REN / BNT Bancor Network $ 16 054 479 645.06 Trade!
11 BAT / BNT Bancor Network $ 5 178 380 498.96 Trade!
12 BNT / USD Coinbase Exchange $ 42 057 266 718.06 Trade!
13 OCEAN / BNT Bancor Network $ 10 134 495 668.01 Trade!
14 BNT / USD Kraken $ 725 365 479.43 Trade!
15 YFI / BNT Bancor Network $ 141 801.32 Trade!
16 MATIC / BNT Bancor Network $ 14 867 494 642.02 Trade!
17 WOO / BNT Bancor Network $ 43 170 375 128.20 Trade!
18 ROOK / BNT Bancor Network $ 142 217 029.72 Trade!
19 WNXM / BNT Bancor Network $ 93 600 109.31 Trade!
20 SNX / BNT Bancor Network $ 3 557 767 270.39 Trade!
21 BNT / BTC HitBTC $ 41 711 691 536.10 Trade!
22 AMP / BNT Bancor Network $ 169 566 777 384.05 Trade!
23 MKR / BNT Bancor Network $ 4 027 758.97 Trade!
24 AAVE / BNT Bancor Network $ 11 362 627.63 Trade!
25 BNT / EUR Kraken $ 428 047 440.36 Trade!
26 GRT / BNT Bancor Network $ 87 070 000 556.57 Trade!
27 BNT / USDT Binance $ 10 657 860 754.54 Trade!
28 FARM / BNT Bancor Network $ 48 413 629.13 Trade!
29 VBNT / BNT Bancor Network $ 2 043 409 961.62 Trade!
30 BOND / BNT Bancor Network $ 1 172 615 728.74 Trade!
31 ZCN / BNT Bancor Network $ 9 327 791 910.44 Trade!
32 COMP / BNT Bancor Network $ 8 141 937.16 Trade!
33 QNT / BNT Bancor Network $ 31 489 795.07 Trade!
34 ALPHA / BNT Bancor Network $ 7 276 898 552.02 Trade!
35 ERSDL / BNT Bancor Network $ 135 165 954 089.22 Trade!
36 BNT / USDT OKEx $ 11 748 256 785.81 Trade!
37 BNT / BTC Binance $ 3 485 332 675.13 Trade!
38 RENBTC / BNT Bancor Network $ 15 981.48 Trade!
39 UNI / BNT Bancor Network $ 78 878 971.27 Trade!
40 BNT / EUR Coinbase Exchange $ 3 026 004 643.63 Trade!
41 MPH / BNT Bancor Network $ 125 686 294.24 Trade!
42 HEGIC / BNT Bancor Network $ 8 579 427 509.89 Trade!
43 MLN / BNT Bancor Network $ 9 494 286.12 Trade!
44 BNT / BTC OKEx $ 1 842 887 911.91 Trade!
45 BNT / ETH Binance $ 1 387 437 130.27 Trade!
46 BNT / BTC Coinbase Exchange $ 3 256 605 191.66 Trade!
47 BNT / KRW Bithumb $ 3 375 088 494.79 Trade!
48 BNT / GBP Coinbase Exchange $ 2 332 285 323.30 Trade!
49 DAPP / BNT Bancor Network $ 58 341 779 772.63 Trade!
50 BNT / USDT WhiteBIT $ 1 839 718 016.22 Trade!
51 BNT / USDT Huobi Global $ 1 796 091 174.25 Trade!
52 NDX / BNT Bancor Network $ 410 958 317.53 Trade!
53 RSR / BNT Bancor Network $ 97 034 605 637.56 Trade!
54 RPL / BNT Bancor Network $ 5 041 619.49 Trade!
55 MTA / BNT Bancor Network $ 619 105 561.73 Trade!
56 BNT / USD Gemini $ 533 356 701.39 Trade!
57 RLC / BNT Bancor Network $ 1 097 801 041.30 Trade!
58 BNT / BUSD Binance $ 485 347 788.83 Trade!
59 DIP / BNT Bancor Network $ 18 914 343 035.61 Trade!
60 BNT / USDT Hotbit $ 46 693 875.91 Trade!
61 OMG / BNT Bancor Network $ 43 003 151.41 Trade!
62 TRAC / BNT Bancor Network $ 5 032 855 140.29 Trade!
63 UOS / BNT Bancor Network $ 290 532 163.33 Trade!
64 LPL / BNT Bancor Network $ 1 061 454 065.58 Trade!
65 BNT / CRO Crypto.com Exchange $ 530 108 493.20 Trade!
66 BANCOR / 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 Uniswap (v2) $ 469 938 391.79 Trade!
67 KTN / BNT Bancor Network $ 28 579 816.49 Trade!
68 BNT / BTC WhiteBIT $ 335 955 222.22 Trade!
69 MANA / BNT Bancor Network $ 292 768 392.88 Trade!
70 BNT / USD FTX $ 4 170 893 890.94 Trade!
71 BNT / USDT KuCoin $ 205 543 905.29 Trade!
72 BDIGG / BNT Bancor Network $ 23 076.83 Trade!
73 BNT / BTC KuCoin $ 58 626 248.13 Trade!
74 GNO / BNT Bancor Network $ 1 642 092.00 Trade!
75 BORING / BNT Bancor Network $ 324 334 537 328.68 Trade!
76 ARCONA / BNT Bancor Network $ 623 170 632.34 Trade!
77 RNB / BNT Bancor Network $ 992 862 559.56 Trade!
78 BNT / BTC Huobi Global $ 87 268 967.38 Trade!
79 BNT / USD CEX.IO $ 242 992 348.02 Trade!
80 BNT / ETH KuCoin $ 14 128 065.46 Trade!
81 BNT / USDT Hoo.com $ 1 225 314 268.64 Trade!
82 JRT / BNT Bancor Network $ 9 016 048 695.95 Trade!
83 MRPH / BNT Bancor Network $ 438 194 710.10 Trade!
84 ANKR / BNT Bancor Network $ 8 767 926 353.66 Trade!
85 MTL / BNT Bancor Network $ 61 362 744.43 Trade!
86 RARI / BNT Bancor Network $ 10 308 548.10 Trade!
87 MDT / BNT Bancor Network $ 1 722 701 179.51 Trade!
88 MFI / BNT Bancor Network $ 580 128 365.13 Trade!
89 DRC / BNT Bancor Network $ 195 185 526 990.12 Trade!
90 BNT / USDT CoinEx $ 76 035 188.31 Trade!
91 BNT / ETH Huobi Global $ 133 831 139.66 Trade!
92 FRM / BNT Bancor Network $ 671 752 147.93 Trade!
93 BNT / ETH Hotbit $ 40 583 291.80 Trade!
94 STAKE / BNT Bancor Network $ 31 066 809.76 Trade!
95 MAD / BNT Bancor Network $ 2 913 159 536.07 Trade!
96 EWTB / BNT Bancor Network $ 21 119 079.35 Trade!
97 CEEK / BNT Bancor Network $ 90 608 163 661.05 Trade!
98 SMARTCREDIT / BNT Bancor Network $ 20 535 665.50 Trade!
99 BNT / BTC Hotbit $ 40 554 815.77 Trade!
100 SAN / BNT Bancor Network $ 294 846 395.42 Trade!