Exchange

Bancor

Exchange

Bancor

★ ★ ★ ★ ☆
Bancor is a unique exchange initially built on Ethereum, that has recently moved its protocol over to EOS as well. Bancor describes itself as a ‘decentralised liquidity network’ and it operates very differently from most exchanges, using what it calls ‘smart tokens’ and the Bancor algorithm in order to calculate the price of tokens listed on the network, rather than relying on the traditional model of matching buyers to sellers. Bancor aims to offer instant trading, to be easy to use, and to reduce price the potential for price manipulation by offering liquidity.
Bancor X is a new cross-chain bridge which can convert BNT from ERC-20 BNT to EOS BNT tokens, and vice versa. By transferring BNT across networks, this simplifies the process of transferring tokens between the EOS and Ethereum ecosystems.
Analysts score
80%
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NEWDEX

Exchange

NEWDEX

★ ★ ★ ★ ☆
Newdex was among the first decentralised exchanges (DEX) to be built on the EOS ecosystem. Newdex uses EOS as a base trading pair to allow trading between almost all existing EOS tokens, with new tokens being added to the website at a constant rate. No non-EOS based cryptocurrency tokens have been added as of yet. Newdex describes the way it operates as ‘matching off chain, dealing on chain’ meaning that all transactions are visible on the EOS blockchain, however, their entrusted account does not run a smart contract. Therefore all their orders are processed on a hidden, off-chain server.
Unlike a centralised exchange such as Coinbase or Binance, no deposits and withdrawals are necessary, as trading is done directly from your wallet. Scatter is supported by Newdex, as are wide variety of mobile wallets.
Analysts score
68%
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CoinEX

Exchange

CoinEX

★ ★ ★ ★ ☆
CoinEX is an end-to-end decentralized trading platform based on EOS. CoinEx is being described as a “Global Digital Coin Exchange” which will allow users to trade with a wide array of cryptocurrencies. The algorithms used to create the CoinEX platform make use of advanced SSL technology, and on the blockchain, for which users can be confident that all of their assets will be handled in a transparent fashion.
Analysts score
68%
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