Bancor Network

A decentralized liquidity network for token conversions.

5.0/5
About

Bancor is a decentralized liquidity network offering a simple, low-cost way to convert tokens directly through a user's wallet. Bancor’s open-source protocol allows integrated tokens to be instantly converted for one another, without matching two parties in an exchange. Convert tokens including ETH and EOS on the Bancor Web App.

Would you recommend this product?

Bancor is a very smart way to deal with the liquidity issue and they've made a very easy to use platform with a user friendly UI. Quite nice!

Pros:

Bancor is really easy to use!

Cons:

No cons

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Front-End Developer

I like the idea of decentralized exchanges, but at the moment, they're very slow. Bancor has an elegant solution for when I want to quickly exchange ETH to other tokens.

Pros:

Bancor offers an incredibly easy way to purchase tokens using ETH without having to deal with an exchange. It's compatible with MetaMask!

Cons:

Wish they had more tokens! Also, the price compared to exchanges can be a little higher.

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Team Leader and Community Manager

Great service, a great alternative to coin swap solutions like Shapeshift while also dealing with the liquidy issue we come by every now and them.

Pros:

Easy to use. Friendly and lean UI, something rather hard to find in the cryptosphere.

Cons:

None that I can think of.

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