Bancor vs Cobinhood vs LBank
What problem does this service solve?
Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged. | Users can trade cryptocurrencies with no fees. | LBank is a Chinese based exchange that primarily caters to the Chinese market. |
Token Stats
Not Relevant |
Company Description
Bancor is a decentralized exchange protocol that is designed to increase liquidity for Ethereum and EOS tokens. The company has been at the center of the debate about Decentralized vs Centralized Exchanges, as well as the overall need of institutions to serve as a hub for decentralized networks. Their protocol, and exchange, enable any token to hold one or other additional tokens in reserve. Bancor allows conversions between tokens on their decentralized exchange with smart tokens that increase liquidity, and establish market prices for smaller tokens. Specifically, for those that do not have large trading volumes. Bancor tokens facilitate the exchange and act as a connective tissue, and have a centralizing effect on the exchange. | Cobinhood is a cryptocurrency exchange with no trading fees. Users can trade most of the major pairs, and a variety of other currencies. Cobinhood offers both both a centralized and a decentralized trading platform. In addition to their cryptocurrency exchange, Cobinhood also operates an ICO underwriting service, and they are releasing Zeux, which will be a crypto mobile payment and investment app. | LBank is Chinese exchange that ranks in the top 20 for trading volumes. The trading platform is intuitive and offers some advanced trading tools. However, the company's focus is on the Chinese market, and the English language site can be difficult to use. Trading Fee: 0.1% |