One of the first decentralised exchanges (DEXs), Bancor Network is a protocol running on both the Ethereum and EOS blockchains that makes it easy for users to swap one cryptocurrency for another.
Bancor uses fixed-fee, fixed-term liquidity pools denominated in BNT to ensure tokens can be traded at a fair price. You can also borrow against any tokens you’ve contributed to these pools.
BNT is the native token of the Bancor Network. BNT is used to both pay transaction fees and participate in governance decisions through the Bancor DAO (decentralised autonomous organisation). Holders can also stake their tokens in liquidity pools to receive more BNT in return.
CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.
CoinJar Card is a prepaid Mastercard® issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard Asia/Pacific Pte. Ltd. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited. We recommend you consider the Product Disclosure Statement and Target Market Determination before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
Apple Pay is a trademark of Apple Inc. Google Pay™ is a trademark of Google LLC.