• 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
90
BNT
Bancor Network Token logo Bancor Network Token BNT
$ 3.23 + 3.37% 238 549 670 238 549 670 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 [V2] Kryll strategy poster

🐙 OCTO BOT [V2]

-20.91%
Launched Jun 7, 2021 (BNT-USDT)
#1
Market Alert Kryll strategy poster

Market Alert

0.00%
Launched May 21, 2021 (BTC-USDT)
#2
GAÏA Evolution [V15] Kryll strategy poster

GAÏA Evolution [V15]

+ 342.81%
Launched Apr 14, 2021 (MATIC-BTC)
#3
Enigma V5 Kryll strategy poster

Enigma V5

+ 330.66%
Launched May 19, 2021 (DAG-ETH)
#4

Market pairs

Search icon
Rank Pair Name Volume (24h)
1 ETH / BNT Bancor Network $ 230 339 392.02 Trade!
2 WBTC / BNT Bancor Network $ 5 231 687.76 Trade!
3 LINK / BNT Bancor Network $ 11 945 824 192.42 Trade!
4 USDC / BNT Bancor Network $ 148 592 549 252.63 Trade!
5 USDT / BNT Bancor Network $ 128 052 860 431.19 Trade!
6 ENJ / BNT Bancor Network $ 40 946 627 506.71 Trade!
7 MKR / BNT Bancor Network $ 8 327 591.19 Trade!
8 MATIC / BNT Bancor Network $ 50 957 842 065.74 Trade!
9 AAVE / BNT Bancor Network $ 64 744 595.07 Trade!
10 BAT / BNT Bancor Network $ 9 607 371 222.84 Trade!
11 SNX / BNT Bancor Network $ 3 038 101 083.64 Trade!
12 WOO / BNT Bancor Network $ 44 917 036 511.16 Trade!
13 YFI / BNT Bancor Network $ 369 345.78 Trade!
14 AMP / BNT Bancor Network $ 1 046 464 046 243.12 Trade!
15 COMP / BNT Bancor Network $ 17 188 374.24 Trade!
16 ALPHA / BNT Bancor Network $ 30 930 204 954.16 Trade!
17 OCEAN / BNT Bancor Network $ 25 628 718 944.46 Trade!
18 REN / BNT Bancor Network $ 7 397 722 736.50 Trade!
19 ROOK / BNT Bancor Network $ 36 398 476.25 Trade!
20 UNI / BNT Bancor Network $ 139 091 717.24 Trade!
21 BNT / BTC HitBTC $ 25 156 434 978.59 Trade!
22 ZCN / BNT Bancor Network $ 8 984 934 961.88 Trade!
23 BNT / USDT Binance $ 14 340 627 927.31 Trade!
24 GRT / BNT Bancor Network $ 10 471 309 158.46 Trade!
25 MPH / BNT Bancor Network $ 41 537 341.68 Trade!
26 AXS / BNT Bancor Network $ 2 443 785 368.23 Trade!
27 BNT / USDT VCC Exchange $ 3 794 068 169.26 Trade!
28 BOND / BNT Bancor Network $ 178 724 589.57 Trade!
29 VBNT / BNT Bancor Network $ 2 725 821 502.46 Trade!
30 BNT / BTC Binance $ 4 888 599 518.34 Trade!
31 BNT / BTC VCC Exchange $ 1 421 571 978.90 Trade!
32 BNT / USDT HitBTC $ 7 613 851 309.22 Trade!
33 NDX / BNT Bancor Network $ 410 053 883.48 Trade!
34 RENBTC / BNT Bancor Network $ 60 108.67 Trade!
35 FARM / BNT Bancor Network $ 61 537 232.42 Trade!
36 HEGIC / BNT Bancor Network $ 107 097 335 792.14 Trade!
37 RSR / BNT Bancor Network $ 102 573 953 159.91 Trade!
38 ICHI / BNT Bancor Network $ 85 964 960.62 Trade!
39 MLN / BNT Bancor Network $ 6 846 532.93 Trade!
40 BNT / USDT Digifinex $ 4 876 888 291.29 Trade!
41 BNT / USDT AEX $ 1 628 264 705.27 Trade!
42 BNT / BUSD Binance $ 1 147 456 556.25 Trade!
43 MTA / BNT Bancor Network $ 1 144 661 569.55 Trade!
44 BNT / USD Gemini $ 64 872 066.16 Trade!
45 BNT / BTC P2PB2B $ 622 289 068.38 Trade!
46 BNT / ETH VCC Exchange $ 172 081 130.13 Trade!
47 BNT / ETH Binance $ 703 696 232.41 Trade!
48 BNT / BTC Coinbase Exchange $ 4 988 583 241.59 Trade!
49 LPL / BNT Bancor Network $ 1 359 041 882.83 Trade!
50 BNT / BTC Bitrue $ 3 961 234 994.28 Trade!
51 BNT / USDT P2PB2B $ 1 533 870 561.51 Trade!
52 BNT / USD P2PB2B $ 1 513 365 415.36 Trade!
53 RPL / BNT Bancor Network $ 13 491 497.86 Trade!
54 BNT / CRO Crypto.com Exchange $ 423 110 557.86 Trade!
55 BNT / BTC CoinBene $ 12 036 922 525.90 Trade!
56 ARMOR / BNT Bancor Network $ 393 316 120.89 Trade!
57 NEXO / BNT Bancor Network $ 226 637 822.52 Trade!
58 MANA / BNT Bancor Network $ 2 411 595 421.97 Trade!
59 BNT / USDT Hoo.com $ 9 697 158 122.52 Trade!
60 BNT / GBP Coinbase Exchange $ 619 285 647.98 Trade!
61 OMG / BNT Bancor Network $ 16 516 773.34 Trade!
62 ARCONA / BNT Bancor Network $ 11 158 055 078.94 Trade!
63 BNT / USDT XT.COM $ 5 855 230 645.19 Trade!
64 BNT / BTC Huobi Global $ 196 760 986.24 Trade!
65 NMR / BNT Bancor Network $ 10 267 497.45 Trade!
66 BNT / BTC Bitget $ 3 650 637 290.54 Trade!
67 RNB / BNT Bancor Network $ 1 490 598 057.17 Trade!
68 BDIGG / BNT Bancor Network $ 57 408.69 Trade!
69 JRT / BNT Bancor Network $ 1 112 100 873.41 Trade!
70 BANCOR / ETH Uniswap (v2) $ 529 691 612.46 Trade!
71 SMARTCREDIT / BNT Bancor Network $ 26 184 864.30 Trade!
72 QNT / BNT Bancor Network $ 10 748 544.34 Trade!
73 MTL / BNT Bancor Network $ 54 041 823.48 Trade!
74 MDT / BNT Bancor Network $ 5 431 268 903.36 Trade!
75 DRC / BNT Bancor Network $ 133 701 359 119.52 Trade!
76 MRPH / BNT Bancor Network $ 837 137 485.33 Trade!
77 EWTB / BNT Bancor Network $ 16 043 988.10 Trade!
78 BNT / ETH Huobi Global $ 99 705 949.59 Trade!
79 DATA / BNT Bancor Network $ 1 097 919 567.70 Trade!
80 STAKE / BNT Bancor Network $ 7 977 364.47 Trade!
81 FTXTOKEN / BNT Bancor Network $ 2 037 601.54 Trade!
82 PLR / BNT Bancor Network $ 800 165 945.94 Trade!
83 CEL / BNT Bancor Network $ 8 662 260.30 Trade!
84 MAD / BNT Bancor Network $ 4 819 763 987.49 Trade!
85 BBADGER / BNT Bancor Network $ 26 053 800.90 Trade!
86 BNT / USDT Emirex $ 254 477 287.31 Trade!
87 RCN / BNT Bancor Network $ 12 464 271 257.13 Trade!
88 REM / BNT Bancor Network $ 15 724 676 094.11 Trade!
89 ZRX / BNT Bancor Network $ 107 447 912.62 Trade!
90 VEE / BNT Bancor Network $ 3 623 430 355.13 Trade!
91 SAN / BNT Bancor Network $ 226 906 185.44 Trade!
92 MFG / BNT Bancor Network $ 18 461 949 340.75 Trade!
93 LRC / BNT Bancor Network $ 190 863 653.44 Trade!
94 RGT / BNT Bancor Network $ 7 351 861.57 Trade!
95 FLIXX / BNT Bancor Network $ 712 681 132.21 Trade!
96 XBP / BNT Bancor Network $ 45 612 646 693.27 Trade!
97 MYB / BNT Bancor Network $ 39 220 579 072.78 Trade!
98 RARI / BNT Bancor Network $ 29 261 912.71 Trade!
99 CEEK / BNT Bancor Network $ 91 761 301 796.52 Trade!
100 AMN / BNT Bancor Network $ 7 965 483 600.00 Trade!