Blockport vs Poloniex vs Bancor
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What problem does this service solve?
| Blockport enables users to learn from, and emulate the trading activity of other traders on their platform. | Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018. | 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 |
Company Description
Blockport is a social crypto exchange with a hybrid decentralized architecture. Its social trading features allow users to follow or copy other traders. Traders whose activity is followed are rewarded with Ethereum-based BPT tokens. Token holders also receive discounts on trading fees. Trading Fees: 0.3% | Poloniex is an established crypto to crypto exchange that is based in the United States. It offers a large selection of tokens to trade and has high liquidity. Poloniex was hacked in 2014, and lost more than 12% of their bitcoin supply. They have improved their security protocols since then. In February, 2018 Poloniex was acquired by Circle, one of the largest crypto payment providers. Trading Fee: 0%-0.1% Maker and 0%-0.2% Taker | 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. |
