Review on Bancor by José A Rodríguez
Bancor: An Appropriate Blockchain for Advanced Traders
Bancor is a blockchain project dedicated to providing an exchange service of high-quality receptivity for a great list of tokens admitted. When users enter the web page for the first time they will just find the different cryptocurrencies available and the updated daily prices in the dashboard. Some people can get confused whether this service is really a blockchain project or just an exchange, but the true fact is that it is integrated with short but concise content. However, I also think that the company should provide more attention to their offers and set the platform with a good content section where users, overall, can easily find the prices, guidances, and steps necessary to understand what they really want to achieve.
This project offers a good trading window for traders. It is short and has direct access to open an account on it, o sign in if it was already created. After being inside, the user can manage the principal dashboard with prices and tokens' volume, assessing the wallet, or going to the conversion section. This blockchain also provides a kind of registered and certified liquidity that is good to trust in the process, and rates the service offers.
The only way of understanding how it really works is by going directly to the Terms of Use section where the company released a little of informative content for the policies, guidance, and restrictions on the page. So, although I consider it is reliable I still do not think it is suitable for my needs.
In conclusion, Bancor is a blockchain that requires many improvements and a purposeful management from a reliable team. Developers can assess this project as an option to create something better, but it will all depend on what the managers want to offer for the future of the project.
PROS
Pros
- It is a project with a granted open gate to trade with ease while the platform provides effectiveness and velocity in the process.
- It has a good selection of tokens available and a great list of pair tokens to trade. Some good rates can be established after choosing some basic points.
Cons
- It has a deep lack of management to the use of content and public information. This blockchain offers a window with Short access that go directly to the trading section.
- It is a network not really easy to manage for those users who do not know how an exchange works directly in a Blockchain project.
- Some trading sections can be difficult to manage. That includes the ones where a pair of tokens are admitted.
