Bittrex vs OEX vs Bancor
What problem does this service solve?
Bittrex is one of the largest US based crypto exchanges. | OEX is a crypto-to-crypto exchange that is focused on 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
Not Relevant | Not Relevant |
Company Description
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. | OEX is a top 30 exchange with increasing trading volumes. The token selection is not large and includes some tokens that are not listed on many other exchanges. Trading Fee: 0.2% | 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. |