Bitfinex vs B2BX vs Bancor
What problem does this service solve?
BitFinex is a bitcoin to fiat and margin trading exchange. | B2BX provides clients with white label solutions for cryptocurrency trading professionals. | Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged. |
Token Stats
Company Description
BitFinex is a bitcoin to fiat exchange, a margin trading exchange, and a liquidity provider. The platform offers a number of features that expand the financial positions you can take - for example the ability to short Bitcoin via margin trading. | B2BX is a cryptocurrency exchange and B2B crypto-trading service provider. In addition to its exchange, the company offers financial companies the tools and services they need to set up and manage their operations. The B2BX exchange offers B2B token holders a 35% discount on trading fees. | 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. |