BitStamp vs Bittrex vs Bancor
What problem does this service solve?
Bitstamp is one of the oldest and most established crypto exchanges. It was originally based in Slovenia and is geared towards the European market. | Bittrex is one of the largest US based crypto exchanges. | Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged. |
Token Stats
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Company Description
Bitstamp is one of the most popular fiat to Bitcoin exchanges. It was one of the first big exchanges and it provides customers with a platform that is secure and easy to use. It was originally started in Slovenia but has moved its' operations to Luxembourg. | Bittrex is one of the largest crypto to crypto exchanges. It offers a large number of trading pairs, but do not allow fiat to crypto trading. Bittrex has one of the largest trading volumes in the market. | 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. |