What Is BNT

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Bancor is a decentralized exchange protocol that allows for the creation of liquidity pools to trade assets. Bancor is composed of smart contracts (called “liquidity pools”) designed to perform algorithmic token trades and pooling of on-chain liquidity. Supporting both ERC-20 and EOS tokens, Bancor implements a liquidity pool curve on both Ethereum and EOS networks. Prices are determined by the reserve balance of coins deposited into the protocol, divided by the token's total supply multiplied by a reserve ratio. BNT is the Bancor protocol token. When users create or stake in a Bancor pool, users are required to do so in equal values of ERC-20 token + BNT (or EOS token + BNT). It offers cross-chain conversions and positive network effects; it is also expected to be used for staking in Q2 2020. On January 1st 2020, ETHBNT tokens were airdropped to BNT token-holders. ETHBNT tokens represent a Bancor pool token representing shares in the ETH:BNT liquidity pool i.e., these tokens collect fees from ETH-based conversions on Bancor.

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Bancor(BNT)Real-Time Price

Track price movements with chart views spanning 1 day, 30 days, 60 days, 90 days, 1 year, and the period since it was listed on Poloniex. View Details

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Bancor(BNT)Market Data

Market Cap Ranking: #360

Market Cap: --

Fully Diluted Market Cap: --

Circulation Rate: 100.00%

All-Time High: --

All-Time Low: --

Circulating Supply: 156.45M

Total Supply: 156.45M

Initial Release: 2017-06-13

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Bancor (BNT) Price Prediction

Predicted Bancor (BNT) Price in 2027

Based on the historical performance of Bancor, our prediction tool estimates that the price of Bancor (BNT) could reach -- by 2027.

Predicted Bancor (BNT) Price in 2032

By 2032, our most recent forecast indicates the price of Bancor (BNT) will increase to --, with a price change of +43.23% and a cumulative ROI of approximately +1469.47%.

Trade Bancor (BNT)

It's super easy to buy BNT on Poloniex. Simply follow our complete guide to buying Bancor with ease.

BNT/USDT
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FAQs

Q How do I create a Poloniex account and complete KYC verification?

ATo create an account, visit the signup page on our official website or download the Poloniex app (iOS/Android). Click "Sign Up," provide your email or phone number, set a password, and verify via the confirmation link or SMS code. After registration, go to "Settings" > "Security," upload your valid ID documentation, and take a selfie to complete KYC verification. This process usually takes 24-48 hours.

Q What payment methods does Poloniex support for buying Bancor (BNT)?

APoloniex supports: 1) Credit/debit cards (Visa/MasterCard) for instant purchases of stablecoins (eg. USDT); 2) P2P trading to buy stablecoins (e.g. USDT) from other users via escrow; 3) Bank transfers (fiat deposits) in USD and other fiat currencies (1-3 business days processing); 4) OTC trading for large transactions exceeding $100,000, with custom quotes.

Q What are the fees for buying BNT with a credit/debit card?

ACredit card payment process fees vary depending on the third-party provider, typically ranging from 0.5% to 1.5%. Poloniex does not store any data of your card. After purchasing USDT with your card, you can immediately trade USDT for BNT in the spot market. Standard spot trading fees (as low as 0.05%) apply to the BNT/USDT trade.

Q How do I start P2P trading? How long does it take to receive USDT?

AVisit the P2P trading page, select a seller's ad (e.g. USDT), create a buy order, and pay the seller directly (bank transfer, PayPal, etc.). Once the seller confirms receipt, the USDT will be released from escrow to your wallet. Settlement usually takes 15 minutes to 2 hours, depending on the payment method and the seller's response time.

Q What are the minimum and maximum amounts for buying BNT?

AMinimum and maximum limits vary depending on the purchase method and your verification level. Credit/debit card purchases typically have a minimum limit of $50, with maximums depending on the providers. Most P2P sellers have a minimum purchase requirement of just $10. Bank transfers usually require a minimum deposit of $100. You can check each page for specific limits before proceeding.

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