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Review on Bancor by Ricardo Echeverri

Revainrating 5 out of 5

On the Bancor network, the price of the cryptocurrencies is being calculated…

On the Bancor network, the price of the cryptocurrencies is being calculated using algorithms. Bancor Network has a cryptocurrency/token called Bancor Network Token (BNT). All the available tokens are in a way connected directly with the price of BNT. And that way swapping a token for another token is always possible as BNT can act as a bridge between the two tokens involved in the conversion.



Pros
  • It is great that you can login using a telegram code. It is easy to use and rates are low. I like the webpage and its design. It is a decentralized exchange.
Cons
  • Maybe they need a larger array of tokens.

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