Bancor Prediction 2018, BNT Forecast and Price Charts – When to buy BNT? What is the BNT price today? BNT Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS BANCOR (BNT)?
Bancor is basically a protocol that standardizes the usage of connector tokens. Its reason for inception was to make the process of converting digital token with others as frictionless as possible. It eliminates the huge headache of matching buyers and sellers using an order book by making using of a naive algorithm. This ensures liquidity at all times for tokens.
BANCOR (BNT): HISTORY
Bancor was started in 2017 by Guy Bernartzi and three others. They piqued everyone’s attention thanks to their record-breaking initial coin offering that raised a staggering 153 million US dollars in just 2.5 hours. The project was developed mainly to fix the “Double Coincidence of Wants” problem that was making user matching a nightmare.
HOW DOES BANCOR (BNT) WORK?
Bancor can be a revolutionary shift in blockchain thanks to it fixing one of the industry’s fundamental problem. They use a proprietary algorithm that uses complex formulas to automatically balance all the mathematical pre-requisites to make a formula based relation between all the network tokens. This makes all the tokens in the network automatically convertible leading o full liquidity for these tokens and their corresponding exchanges.
HOW TO BUY BANCOR (BNT)?
Bancor is very young. The best way to buy Bancor is the usual way of having an Ethereum compatible wallet like MyEtherWallet to store it. Make sure to store the keystore file, password and the wallet address somewhere safe. Use cryptocurrency marketplaces like coinbase to buy some ETH/BTC from it. Then head over to a cryptocurrency exchange like Binance and then deposit the BTC/ETH you bought into it. Then exchange it for BNT and store it either in Binance or transfer it to your wallet.
BANCOR (BNT) PRICE PREDICTION 2018
Bancor tries to solve the chronic problem of matching buyer and seller. As of 27-2-2017, Bancor’s price is 5.05 USD. If you invest 100$ into it, you will be getting 19.8 BNT tokens. According to our forecasts, a long-term price increase is expected. The five-year prognosis is placing Bancor at 19.568 USD. The price today is $5.06. There is a supply of 39,178,495 BNT‘s and it has a market cap of $197,861,975. The trading volume is $5,987,970. Bancor price prediction, BANCOR price forecast, BANCOR price and news, BANCOR price forecast, BANCOR price prediction 2018, What is the price of Bancor 2018.