What is Bancor (BNT)

The Bancor network is like a cryptocurrency exchange with no trusted third parties. It is built on the ethereum blockchain. It is an ERC20 token so it can be stored on most hardware wallets. It tries to solve the problem of illiquidity in most cryptocurrencies. Most less known cryptos dont have many buyers and sellers. Even a small market order can change the price drastically. Bancor prevents that. It has a web wallet and dashboard.