Review on Bancor by Amos joseph
Bancor BNT
Bancor is more like an exchange platform for users to conveniently convert their crypto token to other coin, it is required for users who wish to make such conversion to have either a metamask wallet trezor wallet ledger, scatter and fortmatic wallet in other to connect with either of the wallet and convert coin of choice, I find this quite convincing as it reduces the stress of going through other exchange to convert my coins, deposit of crypto can be done easily using debit card from your location interested user can easily sign up directly from their webpage and create a Bancor wallet which can be use for storing crypto asset there updated price of crypto currency which I find quite useful I can have access to lot of currency price chart which makes me track movements of crypto token easily.
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Bancor is a decentralized ethereum smart contract project that allows user with any ethereum base token to convert or exchange their ethereum token for other crypto asset.
it has it project base token BNT which can also be used for exchanging token listed and traded on exchange platform like binance, brittex and more.
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Pros
- Decentralized ethereum base project for users with ethereum token or BNT token to make exchange of other crypto token
- Regular updates of currency price chart
- Easy convenient platform to convert crypto currency
Cons
- Bancor non for now
