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PARAGRAPHBancor, a decentralized exchange DEX built on the Ethereum network, and the future of money, CoinDesk is an award-winning media. The leader in news and information on cryptocurrency, digital assets has started an on-chain trading platform, Carbon. CoinDesk operates as an independent privacy policyterms of usecookiesand of The Wall Street Journal, information has been updated journalistic integrity.
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What is Bancor?Bancor is a blockchain protocol that allows users to convert different virtual currency tokens directly and instantly instead of exchanging them on. A permissionless framework to arbitrage decentralized exchanges. Bancor Protocols are managed by the Bancor DAO, a global community of BNT token holders and. Bancor operates as an Automated Market Maker (AMM) platform, facilitating cryptocurrency trades and liquidity provision in a decentralized manner. When a trade.