6609 cryptocurrencies
Total Market Cap $1,778.18B
24h Total Volume $31.09B

Bancor Network Token Bancor Network Token star

-0.12 (-3.44%)

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 0.04%
Proof type
24h Open $3.58
24h Low $3.41
24h High $3.60
Price in BTC 0.00009695067252 BTC
Current Supply 213,046,704 BNT
Total Supply 79,323,976 BNT
Market cap $735,650,240
24h Volume (coin) 414,744 BNT
24h Volume (currency) $1,459,461
24h Total volume (coin) 4,862,196 BNT
24h Total volume (currency) $16.82M
Last updated 2021-06-19 21:05:15 -04:00 EDT
ID Market Type Price Quantity Total
Date Price Volume

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