Bancor is a token that has Ether in reserve, forms the monetary structure of the network. An increase in the price of the smart token chain leads to an increase in the price of the Bancor token and this has a positive effect on the tokens in reserve. In addition, users place a BNT bet on automatic market makers in exchange for a trading commission, a placement fee and the right to vote.

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Want to become a better trader. Hear from this amazing panel of professionals on the upcoming Blockchain Banter: Trading Crypto.