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1 Review
5 Karma
Review on Bancor by raex
This isn't a test net, Bancor is live now and it is evident that the team isβ¦
This isn't a test net, Bancor is live now and it is evident that the team is dedicated to refining and expanding the platform. If what we've seen so far with the 50+ token relays providing continuous liquidity is a sign of things to come then I am excited. Bring on cross chain conversions, fiat integration, social features, self service token creation and unlocking the long tail of currencies.
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Pros
- -Continuous liquidity regardless of volume. I can buy/sell when I want to and don't need someone else on the other side of the trade. -Every listed token is paired with each other and ETH. -Token additions rapidly increasing. -Trade directly from wallet without signing in. I like remaining in control of my private keys. -Detailed monthly blog updates detailing platform upgrades, partnerships and new listings. Minor updates regularly provided on social channels (telegram, reddit & twitter) -New roadmap indicates fiat purchasing and cross chain conversions coming this year. It is confirmed Bancor are working with EOS and AION to work on cross chain conversions. -As indicated on the roadmap, self service token creation on the platform will be available next year. This will enable anyone to create a continuously liquid cross chain token.
Cons
- -ICO flippers don't educate themselves about liquidity depth or price slippage...oops, that's actually a pro for those that can DYOR. Make the most of this while it lasts :)
