BitStamp vs LBank 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. | LBank is a Chinese based exchange that primarily caters to the Chinese market. | 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. | LBank is Chinese exchange that ranks in the top 20 for trading volumes. The trading platform is intuitive and offers some advanced trading tools. However, the company's focus is on the Chinese market, and the English language site can be difficult to use. Trading Fee: 0.1% | 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. |