Bancor price
BNT
BNT

Bancor price

$0.64630
-$0.00450
(-0.70%)
Price change from 00:00 UTC until now
USDUSD
USD
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24h
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Bancor market information

Market cap
$81.20M
Circulating supply
125,653,292 BNT
Market cap ranking
187
24h high
$0.66130
24h low
$0.63500
All-time high
$10.9800

BNT calculator

USDUSD
BNTBNT
Our current rate
1 BNT ≈ $0.64630

Bancor price performance in USD

The current price of Bancor is $0.64630. Since 00:00 UTC, Bancor has decreased by -0.69%. It currently has a circulating supply of 125,653,292 BNT and a maximum supply of 125,653,292 BNT, giving it a fully diluted market cap of $81.20M. At present, Bancor holds the 187 position in market cap rankings. The Bancor/USD price is updated in real-time.
Today
-$0.00450
-0.70%
7 days
$0.075500
+13.22%
30 days
-$0.01470
-2.23%
3 months
-$0.07710
-10.66%

About Bancor (BNT)

2.7/5
TokenInsight
2.7
04/13/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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In the world of cryptocurrencies, some individuals may choose to explore beyond the well-known cryptocurrencies and focus on altcoins. While smaller cryptocurrencies have significant growth potential, they often face challenges such as limited support and liquidity. To tackle these challenges, projects have emerged to offer solutions that aim to address these issues and support smaller cryptocurrencies in the market. One such project is Bancor.

What is Bancor

Bancor is a decentralized ecosystem that provides liquidity for small market value tokens. It has built-in tradable ERC-20 tokens that act as reserves. New tokens are issued using smart contracts in exchange for the reserve ERC-20 tokens.

Essentially, the project acts as an ecosystem of decentralized, open-source protocols that promote on-chain liquidity and trading.

The Bancor team

Bancor was co-founded by Galia and Guy Benartzi in 2017. The project gained significant attention and support during its token sale, raising an impressive $153 million. Notably, prominent investor Tim Draper, a partner at Draper Fisher Jurvetson (DFJ), participated in the token sale. Bancor garnered significant interest from over 11,000 investors, making it one of the largest token sales of 2017.

How does Bancor work

Bancor uses its decentralized trading protocol, Carbon, to enable users to execute automated trading strategies. By leveraging custom on-chain limit and range orders, users have the flexibility to combine and create various buy-low-sell-high strategies that are executed automatically.

Carbon orders are designed to be irreversible once executed, providing a reliable trading experience. Additionally, they are easily adjustable and resistant to MEV sandwich attacks, enhancing the security and integrity of the trading process.

Bancor’s native token: BNT

Launched in June 2017, BNT is Bancor’s ERC-20 native cryptocurrency. BNT does not have a maximum supply. Its total supply currently sits at 161.19 million, while its circulating supply is 153.03 million as of June 2023.

BNT token use cases

In addition to powering the platform, BNT has multiple use cases within the Bancor ecosystem. It serves as a medium for trading and staking, providing users with opportunities to engage in these activities. Furthermore, BNT acts as a governance token, granting token holders the ability to actively participate in the decision-making process and shape the future direction of the project.

Distribution of BNT

BNT is distributed as follows:

  • 50 percent was issued to contributors of the fundraiser.
  • 20 percent was allocated to partnerships, public bounties, and community grants.
  • 20 percent went to the Bancor Foundation’s long-term operating budget.
  • 10 percent was kept by the founders, team members, advisors, and early contributors.
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BNT FAQ

What is Bancor?

Bancor is an ecosystem of decentralized, open-source protocols designed to provide liquidity and trading opportunities for small market value tokens. By leveraging blockchain technology, Bancor enables seamless and efficient transactions, creating a robust liquidity infrastructure for various cryptocurrencies.

What are the benefits of holding BNT?

Holding BNT, the native token of Bancor, comes with several benefits. Firstly, BNT allows users to actively participate in the Bancor ecosystem. Additionally, BNT holders have the opportunity to earn passive income through staking and participating in governance activities. By holding BNT, users can have a stake in shaping the future of Bancor and the broader DeFi ecosystem.

Where can I buy BNT?

Easily buy BNT tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the BNT/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for BNT with zero fees and no price slippage by using OKX TR Convert.

How much is Bancor worth today?
Currently, one Bancor is worth $0.64630. For answers and insight into Bancor's price action, you're in the right place. Explore the latest Bancor charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Bancor, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Bancor have been created as well.

BNT calculator

USDUSD
BNTBNT
Our current rate
1 BNT ≈ $0.64630