Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.
Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.
By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.
Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.
All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.
## Relevant Articles:
* Carbon Website
* Introducing Carbon
* Fast Lane
* Carbon Whitepaper
* Carbon Litepaper
How to Buy BNT on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing BNT. Some reputable platforms include Bybit、OKX、Binance, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing BNT.
Step 5: Purchase BNT
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of BNT you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy BNT.
Step 6: Store Your BNT
After purchasing, you can choose to store your BNT in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and BNT assets, be sure to use a strong password and enable two-factor authentication.
BNT Price:Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.The price fluctuates daily, You can go to the exchange: okx to check the price.
Recommended Similar Coins: ZRX、BAL