Bancor

Bancor PrijsBNT

Rank #670

About Bancor (BNT)

Futures

Explorers

Website

bancor.network

Bancor is a system that provides liquidity for small market value tokens. It has one or more erc20 tokens that can be traded as reserves. New tokens are issued through smart contracts in exchange for reserve tokens. The price of new tokens is self pricing through smart contracts, so that they can be directly converted between tokens without exchanges, and there is no need for a second party to participate in transactions or a third party to make deals. The network effect of tokens created by Bancor protocol reduces the barriers to market entry for these new currencies and effectively solves the liquidity problem. The new currency is endorsed by Bancor, which is endorsed by eth, and Bancor's constant reserve ratio (CRR) is set and maintained at 20%. BNT is issued by sending eth to the smart contract in which Bancor holds reserves. These eth sent in the past become Bancor's endorsement. Under such a setting, the user can send 20eth to the smart contract to purchase 100bnt, and the 20eth will be forcibly collected into the reserve by the smart contract. In the same way, BNT can be redeemed back to eth. As long as users send it to Bancor's smart contract, they will get some eth. Bancor protocol allows users to generate or destroy BNT every time they deposit or withdraw reserve (ETH). If the price of eth rises (due to the development of Ethereum Ecology), the price of BNT will also rise (because BNT and its reserve token eth maintain a constant reserve ratio), and the rise of BNT price will also increase the price of new currency. The biggest innovation of Bancor protocol is that the value discovery of digital currency in traditional exchanges is based on the real-time synchronous matching of bid and ask. However, based on Bancor protocol, the price of digital currency depends on the balance of reserves and the circulation of tokens, and the process of value discovery is asynchronous.

Bancor (BNT) Price Trends

24u hoog$0.717
24u laag$0.6464
24U Volume$12.00K
Markt Cap
$84.80M
All-Time High(ATH)$10.72
Circulerende voorraad
119.48M BNT
All-Time Low(ATL)$0.1209
Totale Voorraad
119.48M BNT
Market Cap/FDV
100%
Maximaal aanbod
119.48M BNT
Fully Diluted Valuation
$84.80M
Market SentimentPositive

Live Bancor (BNT) Price Update

Bancor price today is $0.7097 with a 24-hour trading volume of $12.00K, and as such Bancor has a market cap of $84.80M, giving it a market dominance of 0.0019%. The Bancor price moved +8.00% in the last 24 hours.

Time period
Bedrag Wijzigen
% Change
1H+$0.0002837+0.04%
24H+$0.05257+8.00%
7D-$0.1426-16.74%
30D+$0.01703+2.46%
1Y-$0.03908-5.22%

Credibility Indicators

93.96
Reliability Score
Rank #13
PercentileTOP 5%

Popular BNT Exchanges

Team Members

Guy Benartzi
Guy Benartzi
Eyal Hertzog
Eyal Hertzog
Yehuda Levi
Yehuda Levi
Galia Benartzi
Galia Benartzi

Investors

Blockchain CapitalBlockchain Capital
DeFiance CapitalDeFiance Capital
Kenetic CapitalKenetic Capital

Veelgestelde Vragen

What determines the price movement of Bancor (BNT)?

What is the highest price of Bancor price in history?

What is the lowest price of Bancor price in history?

What is the current market cap of Bancor?

How many Bancor are there in the market?

What is the maximum supply of Bancor?

What is the fully diluted market cap (or FDV) of Bancor?

What is the price prediction of Bancor ?

Is Bancor a good investment?

How to buy Bancor?