Home / Graphic of Bancor coin price. Dynamics of costs BNT online, history of values

Graphic of Bancor coin price. Dynamics of costs BNT online, history of values

Dynamic and history value of price BNT. Maximal value of price Bancor was 0.3611$ - 2020-02-14 19:00:12, Minimal price of BNT was 0.2059$ value and fixed at 2019-12-18 16:01:26. Today price of Bancor is : 0.2746$

The Bancor (Chinese name: Banke, English name: Bancor, abbreviation: BNT) protocol is a system based on blockchain technology, which is a liquidity mechanism that supports multiple smart contract platforms. The flexibility of these blockchain technologies allows tokens to be locked on the Bancor system and issued smart tokens, allowing anyone to immediately purchase or liquidate smart tokens locked on any exchange. BNT is the first smart token on the Bancor system. It uses Ether as a single deposit. Other tokens are connected to the BNT network by using BNT as one of their deposits. The network established by BNT can promote the increased demand for BNT by any other network tokens, making them use BNT as a deposit. Bancor advantages: Continuous liquidity: anyone can buy or destroy smart tokens through smart contracts at any time Backward compatible: Bancor can provide liquidity and price discovery mechanism for existing ERC20 standard tokens No price difference: the price is calculated by smart tokens No counterparty risk: no need to exchange tokens through the exchange Low volatility: the reserve guarantees sufficient depth for smart token exchange, thereby reducing volatility Price predictability: Price fluctuations can be calculated in advance based on transaction volume to ensure that current prices are up to date