Crypto Report

Bancor (BNT) Price

$2.73 USD

0.00068080 BTC



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24 Hour Low

$2.57

24 Hour High

$2.95

24 Hour Change

5.41 %

24 Hour Volume

$3,710,080

Rank

# 55

Market Cap

$111,265,087 USD

Coin Supply

40,772,871

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

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