6322 cryptocurrencies
Total Market Cap $2,053.24B
24h Total Volume $67.81B

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Bancor Network Token Bancor Network Token star

-0.15 (-1.89%)

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 0.07%
Proof type
24h Open $7.85
24h Low $7.55
24h High $8.35
Price in BTC 0.00014209328497 BTC
Current Supply 196,920,160 BNT
Total Supply 79,323,976 BNT
Market cap $1,515,694,464
24h Volume (coin) 1,546,211 BNT
24h Volume (currency) $12,447,312
24h Total volume (coin) 6,525,070 BNT
24h Total volume (currency) $50.77M
Last updated 2021-05-12 21:21:20 +01:00 BST
Date Price Volume

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