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Bancor (BNT)

€ 0,40637

-0,12 % € -0,00049
24h 1w 1m 1y All

Bancor Price in Euros

(BNT to EUR)

€ 0,40637

Bancor Volume

(24h)

€ 3 M

Market Cap

(Bancor)

€46.78 M
BTC

What is Bancor

Bancor is a decentralized cross-chain cryptocurrency conversion network that allows users to convert their crypto tokens into EOS, Ethereum, and other tokens without a counterparty or middleman to help carry out the exchange. The network utilizes smart contracts, which are not only essential for efficient conversion flow but also help facilitate access to liquidity pools responsible for connecting tokens within the Bancor network.

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How does Bancor work?

Within the Bancor network, you will find tokens of every kind that use the Bancor Protocol, and they are all connected because of the network’s hub token, the BNT or Bancor Network Token that is responsible for converting tokens. Any ERC-20 compatible token can be converted through the protocol, and every token is connected to smart contracts that have ERC-20 tokens held as reserves.

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How to buy Bancor?

Are you looking for an exchange where you can buy Bancor (BNT) with iDeal? At Coinmerce you buy Bancor (BNT) in the easiest and fastest way.

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How to buy Bancor?

You want to buy Bancor? You can buy Bancor using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Bancor, use the search function to search for Bancor and click on the name. You can indicate for how many euros you want to buy Bancor in the right window. Below is shown how much Bancor you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Bancor when the price of Bancor reaches your entered value. You can also execute a repeating order. Do you want to buy Bancor with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Bancor.

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About Bancor

The name Bancor traces its history back to the 1940s, when economist John Maynard Keynes’ International Clearing Union (ICU) came up with the Bancor supranational currency. In 2017, Guy Benartzi, Galia Benartzi, and Eyal Hertzog developed the Bancor protocol in Israel. They chose the name Bancor in honor of Keynes. Its Initial Coin Offering or ICO was held that same year, and Bancor successfully collected more than 396,000 Ether, which totaled to around $153 million. Aside from the Bancor network and Bancor protocol, there’s also The Bancor Foundation, which is responsible for providing developers and all those who use the protocol to build applications with technical support and the grants they need. Bancor’s success is dependent on three factors: Bancor’s native token BNT, non-costly trades that do not need another party or exchange, and its support for both EOS and Ethereum tokens.

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Founder Galia Benartzi
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Founder
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Founded 2017
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Industry Liquidity network
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Website Website
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Network EOS
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Location Switzerland
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Rank 515
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Market Cap 46.78 M
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Trading volume 3 M
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Maximum coins
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Circulating 115.19 M
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