Review on Bancor Network by Edmorich Koffi
The Bancor Network is a project which facilitates.
These more traditional financial companies provide access to the so called Contracts For Difference (CFDs) on cryptocurrencies. This is a new instrument which only has the same price movements as the coin it represents. In essence you are only speculating, while not owning any coins. The situation is a bit more complicated than that, so check our full guide for details.
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Pros
- A unique model .
- Low counterparty risk.
Cons
- Not for everybody.
- No fiat currency support.
