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Type of review

Revainrating 3 out of 5

Bancor is a fairly trusted project.

Bancor is an Exchange based token. The project enables users to seamlessly exchange Ethereum tokens on their platform, easily, quickly and with less transactions. At the first glance Bancor looks like just another Exchange, but with its new version (v2) it would become more convenient and profitable for users and liquidity providers too. Thanks to the pool discovery and pool stats tools being added. Liquidity providers would have a better view of the market and where to put their funds for…

Pros
  • Web wallet that also allows easy ERC20 deposit and swaps.
  • Recently Updated Github.
  • Listed on some well known Exchanges.
  • Good partnerships and social media presence.
  • Cant be held on any ERC20 compatible wallet.
Cons
  • Had an ICO in 2017 which reduces its decentralization.

Revainrating 4 out of 5

Good platform with good benefits for users!

The Bancor protocol is created of a serie of smart contracts “liquidity pools” that are designed to pool liquidity and perform peer-to-contract trades in a single transaction When creating or staking in a Bancor pool, users do so in equal values of ERC20 token + BNT, or EOS token + BNT. Bancor allows users to instantly convert between two tokens without needing a counterparty to the trade. The Bancor network is a open source and closed source software. Bancor is a interesting platform…

Pros
  • Secure and reliable platform
  • The platform offers a good number of tokens
  • Staking native token BNT on Bancor directly for several benefits. Staking rewards via newly minted BNT
  • BNT will be used to vote on key attributes of the Bancor Protocol.
  • Bancor and the BNT token bring liquidity to cryptocurrency markets
  • Bancor team released their updated roadmap recently
  • BNT token is available to trade in a large number of exchanges
Cons
  • The platform has little information. It`s a bit confuse
  • BNT Token has low value

Revainrating 3 out of 5

Bancor: The single purpose platform designed for ERC20 holders

Bancor Protocol is a standard for a new generation of cryptocurrencies called Smart Tokens It is a blockchain protocol that allows users to convert different cryptocurrency tokens directly and instantly instead of exchanging them on cryptocurrency exchanges. It offers a technology that allows all kinds of cryptocoins to be instantly transacted (bought and sold). It offers a new network that is built on a new categories of cryptocurrencies known as Smart Tokens and smart contracts. Both of…

Pros
  • You can easily and conveniently convert your cryptocurrency without any middleman (crypto exchanges)
  • There are rewards for Liquidity Providers
Cons
  • The network will be difficult to use for users that are not familiar with the Ethereum ecosystem
  • This platform is only suitable for those who have ERC20 tokens
  • It is too complicated for beginners
  • You cannot exchange Local (Fiat) currencies

Revainrating 3 out of 5

Bancor BNT: Decentralized Token exchange project not suitable for beginners.

Project founded in Singapore with a protocol whose purpose is the decentralized exchange of token directly without counterpart, it operates on the Ethereum chain, any ethereum token can be converted to another within its network, not recommended for anyone and much less if you are beginners , I see it more focused and directed to people who are dedicated to trading cryptocurrencies in the case of ethereun. Because it is a token it cannot be mined, you can acquire it in exchanges such as…

Pros
  • Ideal for trading
Cons
  • Very high commissions
  • Risky investment
  • Bad experience in opinions collected on the net

Revainrating 4 out of 5

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…

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

Revainrating 5 out of 5

Bancor “smart token”

Within the range of options offered by the cryptoactive industry, we find Bancor; a digital platform that is used to create a cryptocurrency called a “smart token”. Bancor's cryptocurrency or “smart token” can be used to make exchanges or to convert within the network. What advantages does the smart token offer? One of the main features of this platform is the use of Ethereum's smart contract technology. Smart contracts are responsible for the tokens to carry out automatic processes, which…

Pros
  • Does not require the collection of extra commissions; only the fees applied by the blockchain.
  • It is compatible with any software.
  • They are constant generators of liquidity thanks to their integration with reserve tokens.
Cons
  • Being a token belonging to the Ethereum network it cannot be mined.

Revainrating 3 out of 5

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

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.

Revainrating 3 out of 5

Bancor has lost interest over time

Bancor is a novel protocol project that seeks to eliminate the need for buyers and sellers to get involved, because the conversion of cryptocurrencies will be instantaneous. BNT is the token that this network implements as its official currency. As an objective, it seeks to increase stability in the cryptocurrency market so that people are more learned in this since the lack of this causes a big problem for those who want to capitalize on it. We can find many tokens that we do not know, scams…

Pros
  • Variety of ERC20 tokens available.
  • Good option for savings.
  • It has identified serious problems such as lack of liquidity and provides solutions.
  • We can create smart currencies that can be exchanged for other cryptocurrencies quickly.
  • You will be able to calculate your rates.
Cons
  • The idea of Bancor has lost much interest over time.
  • Many people do not understand this platform and what is the purpose of it.
  • It does not have an application for cell phones.
  • There is no support fiat currency.

Revainrating 3 out of 5

Bancor

Bancor is a platform for exchanges of tokens and cryptocurrencies based on ethereum, this platform has several contradictions from the users of ethereum since many like its services And its ease of making exchanges quickly and safely and other users who prefer their traditional platforms that have more time and are more famous in the market. This platform revolutionizes the way to make token and coin exchanges based on the ethereum network, making them easier and faster for its users, The truth

Pros
  • Bancor makes it easy to convert ethereum-based tokens
  • A transparent network that shows your services as they are
Cons
  • Little fame among ethereum users

Revainrating 4 out of 5

Bancor Project.

Bancor project is an exchange platform that uses smart contracts on the Ethereum blockchain and cryptocurrency reserves to guarantee liquidity between connected assets at a given price, Bancor seeks to enable liquidity for Ethereum tokens designed for use in Networks and dApps that will initially have little adoption and markets largely allow users to create their own tokens on the platform backed by a connected pool of cryptocurrencies typically ETH when an order is placed on Bancor, the price

Pros
  • Bancor is a really new project that offers great security to all its users and to the people who want to enter it.
Cons
  • Bancor does not support Fiat currencies.

Revainrating 5 out of 5

Decentralized cross-chain liquidity.

It intends to tackle the issue of liquidity that describes the current crypto market. With well known coins like Bitcoin and Ethereum, liquidity isn't an issue since there's consistently a prepared market hoping to secure or exchange them. Notwithstanding, for a large number of different coins and tokens that are yet to pull in as much consideration – a market is unquestionably an issue. Crypto liquidity is dictated by the absence of or the nearness of a prepared market. A crypto with high…

Pros
  • The smart tokens can improve the usefulness for any cryptocurrency.
  • Community tokens get an opportunity to flourish, permitting the gathering, establishment, city, and so on to utilize it for joint efforts.
  • Organizations can make high-liquidity tokens to control dependability frameworks.
  • Empowers liquidity for tokens by taking out the requirement for executing gatherings to coordinate with the goal that a exchange can happen.
Cons
  • There are still questions wait around the venture remembering the issues of guidelines for the U.S.

Revainrating 4 out of 5

bancor token

The currency ranked 74th on CoinMarketCap, and I was surprised to see that only 12 reviews before me were written about bancor because it is a popular project and I have heard its name many times. The BNT currency, which is the currency of this project, is a token and is located on the ERC20 network, and in this regard, it can be said that bancor is one of the most successful projects on the ethereum network. The number of users of this project on its social media pages is not very high and I…

Pros
  • It is currently ranked among the top 100 CMC currencies
  • The upward trend seems to continue
Cons
  • The relatively low popularity of its pages on twitter and reddit

Revainrating 3 out of 5

Bancor

Bancor is like a decentralized exchange, but with a different operation. Well what I realized of advantages is that you can trade between different platforms in a single click, yes within the Bancor Network, you can deposit ETH, BTC among many others and trade directly with other users for Bancor tokens, BNT tokens without bureaucracy, everything simple and fast. But Bancor only supports cryptocurrencies, it does not have support for fiat currencies, maybe a negative point, because then you…

Pros
  • easy platform to trade any asset.
  • fast and bureaucratic network
  • without an app for cell phones but we can access the Bancor Network of cell phones through the browser
Cons
  • does not yet support fiat currencies
  • no mobile app availability

Revainrating 5 out of 5

Bancor

Bancor : A blockchain-based, peer-to- peer, digital token of value that can be transferred from one entity to another, for free. : A blockchain -based, peer- to- peer, digital token of value that can be transferred from one entity to another , for free. The following token symbols ( in order from the most prominent to the least prominent ) are available to hold on a blockchain : Bitcoin ( BTC) Ethereum ( ETH) Ripple ( X RP) Z Cash ( Z EC) Bitcoin Cash ( BCC ) Litecoin ( LTC ) NEO ( NEO) : A…

Pros
  • Bancor ) and the blockchain technology company ethereum (which raised $150 million to build its smart contracts ). Both projects are now on the blockchain.
Cons
  • Bancor " will be sold on a blockchain in the next 5 to 7 years.

Revainrating 4 out of 5

BANCOR

It is the proposal of an international monetary unit that has been used in comparison with the United States dollar. The price of the Bancor value would be established for 30 basic merchandise. The purpose of the proposal was to stabilize the average price of basic goods with that of the value of the international medium of exchanges and accumulation of wealth. And it has its tokens, which are considered as the promoters of equality, since they seek to give meaning to all cryptocurrencies. It…

Pros
  • It is a monetary option for saving.
  • Allows users to create smart coins that can be exchanged for other crypto currencies immediately
  • have a way to calculate your rates
Cons
  • Many people do not understand how their platform works, and how the protocol they designed to create and exchange their cryptocurrencies is carried out.
  • His vision of wanting to "match" certain currencies has lost feasibility and profitability. So it cannot be matched to currencies that do not have the same interest of its users.

Bancor is a blockchain protocol that offers its users to perform conversions directly from its network. Bancor wants to bring liquidity to the cryptocurrency market thanks to its “Smart token”, the Bancor Network Token. BNT is the Genesis smart token that will be deployed, establishing the BANCOR network, operating like its native currency. BNT has a reserve in ETH. Bancor's goal is to increase the liquidity of the cryptocurrency market to lead to the creation of an internet of values…

Pros
  • Bancor has identified a serious problem: illiquidity. And, provides a most satisfactory solution.
  • A wide range of ERC-20 tokens available. Bancor is a boon for some unknown tokens.
  • The use of smart tokens is unprecedented. The Bancor team seems to have developed this promising innovation. The price adjustment method is different from that of an exchange, since no shorts are possible on the pairs.
Cons
  • No fiat deposit. You must have a currency supported by smart tokens before you can convert.
  • The use of the Bancor protocol requires a good knowledge of the Ethereum ecosystem

Bancor will not be suitable for everybody. Some knowledge of the Ethereum universe will be required, before you can participate. We took an active trader’s perspective in this review, as we do in most, and we can’t reach a conclusive verdict. The project feels like a much more user-friendly version of Ether Delta. Will this be the future one-stop-shop for Etherum based tokens? Possibly, but we can’t be sure at this point. While the Bancor Network is quite transparent (unlike some of the shadier

Pros
  • The Bancor Network is a project which facilitates the quick and easy conversion of different Etherum based tokens. The “exchange” launched after a successful ICO in the summer of 2017. The token which they launched is now tradable at the platform. Keep in mind, we will be taking an active trader’s approach in this review and not focus on the technical details around the project. obviously, this business model is in the true spirit of cryptocurrencies. One access the platform with his own wallet, makes a transaction and leaves. There is no centralized storage of each trader’s coins and hence no risk of an “exit scheme” – the exchange simply taking all of the client’s assets and closing.
Cons
  • Bancor is not for those who are unfamiliar with the Ethereum ecosystem. On the other hand if you know what a wallet, MetaMask and ERC 20 tokens are, this service is as simple as it gets. This goes with the previous point and should be obvious by now – this service is only suitable for those who have ETH or any of the supported tokens. If you are looking to just get into the world of crypto, this is not the place. Check the list below to see places where you can buy cryptocurrencies with a credit card.

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.

In order to find the token site, and whitepaper, you have to scroll to the bottom of the web app, and click on "about Bancor", This will take you to the informational site. I have tested the system and it works very well for me, compared to anything else that I have evaluated. The trading site was very easy to use, and works well with the metamask wallet. Currently supports about 60 "smart tokens" which is rapidly increasing. No exchange fees. Only cost is for etherium gas.Good user interface…

Pros
  • Decentralised exchange (good security). Resistant to "pump and dumps". Very good liquidity, even for low cap coins. Lots of ERC20 coins are listed, and more are being added regularly. Good social media section where you can bookmark projects that you are interested in, and discuss with other users. Can trade directly from web3 wallet (ex. metamask). Also has its own wallet, which can be used to store coins. Support is available if you run into any problems.
Cons
  • Login process is a little cumbersome (but it is not required to trade, only for wallet/and social media). Only Etherium ERC20 tokens are supported, but will be supporting the EOS ecosystem also, when it is live (summer 2018).

Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.

Pros
  • Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet. Project project characterized by great potential.
Cons
  • Project not yet widespread and known.