5884 cryptocurrencies
Total Market Cap $1,434.71B
24h Total Volume $39.79B

 

Bancor Network Token Bancor Network Token star

$5.44
-0.19 (-3.43%)

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 0.05%
Proof type
24h Open $5.63
24h Low $5.36
24h High $5.78
Price in BTC 0.00010930170367 BTC
Current Supply 139,004,064 BNT
Total Supply 79,323,976 BNT
Market cap $755,626,112
24h Volume (coin) 2,260,850 BNT
24h Volume (currency) $12,578,753
24h Total volume (coin) 11,690,897 BNT
24h Total volume (currency) $63.84M
Last updated 2021-02-25 19:21:15 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume

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