Bancor vs COSS vs Coinbase
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. | Coinbase is one of the most established and recognizable names in the crytpo industry. It is extremely user-friendly and is great for beginners. |
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. | Coinbase is one of the most prominent and influential crytpo companies. It is the most recognizable exchange in the United States and has over 20 million users worldwide.It is extremely user-friendly and is great for beginners. Coinbase is the intro platform for many first time crypto investors because it has a number of features such a free GDAX account for all users, a user friendly mobile App, and built in wallet options. |