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Bancor logo

Bancor Price (BNT/AUD)

5.681 AUD

0.00007126BTC




24 Hour Low

5.572

24 Hour High

5.681

24 Hour Change

1.57 %

24 Hour Volume

77,373,382

Rank

# 91

Market Cap

1,330,849,972 AUD

Coin Supply

234,260,759

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

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