Tokens Exchange vs Bancor vs Bit-Z
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What problem does this service solve?
| Tokens Exchange aims to allow traders to take a larger role in governing their exchange. | Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged. | Bit-Z is one of the largest exchanges by trading volume. |
Token Stats
Company Description
Tokens is developing a cryptocurrency exchange for ERC20 tokens that will be powered by their native Dynamic Trading Rights token. Their exchange places a strong emphasis on community driven governance. They have developed a mechanism that allows DTR token holders to be consulted about the future direction of their trading platform and what additional token pairs will be listed. | 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. | Bit-Z is a top 20 exchange focused on the Chinese market. It has a large token selection and competitive fees. The exchange issued the BZ token, which gives holders dividends and discounts on trading. Trading Fee: 0.1% |
