Bancor vs COSS vs Bitbank
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. | COSS lets users trade a variety of cryptocurrency pairs. | Bitbank is a Japanese crypto platform that offers several services, including an exchange, payment platform, and wallet. |
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. | COSS is a cryptocurrency exchange that aims to be a comprehensive platform for managing digital assets. COSS is short for Crypto One-Stop Solution. COSS token holders will receive a share of the revenues that are generated from fees. The exchange also issued the CFT token, which provides holders a 25% discount on trading fees. | Bitbank is a regulated fiat to crypto exchange that is based in Japan. It currently does not have any trading fees. Bitbank is one of the largest Japanese cryptocurrency platforms, and ranks in the top 30 exchanges for total trading volume. Bitbank also offers several other crypto services in Japan. Trading Fee: 0 |