Bancor vs CoinsBank vs Trade.io
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. | Coinsbank is a cryptocurrency platform that offers a wallet, payment services, and an exchange. | Trade.io allows users to trade cryptocurrencies and earn a share of the platform's revenues. |
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. | CoinsBank is a cryptocurrency platform that offers several services, including: a wallet, payment services, and exchange. CoinsBank was formerly known as BIT-X, but underwent a re-branding effort in 2016. The company operates in Scotland but is registered in Belize. Trading Fee: 0.5% The fees are significantly higher than other exchanges. | Trade.io is a Switzerland-based financial technology company. Their platform consists of a cryptocurrency exchange and liquidity pool that gives TIOX token holders a share of the revenues that are earned. The company also provides ICO consulting services. |