1683 cryptocurrencies
Total Market Cap $ 107.72B
Total Volume 24h $ 12.61B

Bancor Network Token Bancor Network Token

$2.24
-0.15 (-6.28%)

The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.

The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network’s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.

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Market share 0.06%
Proof type
24h Open $2.39
24h Low $2.12
24h High $2.40
Price in BTC 0.00032604202449 BTC
Current Supply 74,474,288 BNT
Total Supply 79,323,976 BNT
Market cap $166,822,400
24h Volume (coin) 211,083 BNT
24h Volume (currency) $477,727
Last updated 2018-04-01 18:48:11 +01:00 BST
ID Market Type Price Quantity Total
Date Price Volume