HomeBancorHow and Where to buy Bancor (BNT)
Bancor logo
Bancor with eToro

How and where to buy Bancor (BNT) in 3 steps

Bancor logo
Bancor (BNT)
...
24H Change
...
7 DAYS CHANGE
...
Market Cap
...
Author: Alexander Buckley Updated: March 10, 2022

Bancor was the first network to establish peer-to-peer crypto conversions across different blockchains. Spearheading the nascent decentralised finance (DeFi) movement, Bancor’s system enables users to swap assets in a safe and permissionless way. Users can trade on Bancor or use it to lock their crypto assets and gain rewards generated by trading fees.

Established in 2017, Bancor had a record-breaking initial fundraise of $153million in just three hours, highlighting the excitement that existed around the blockchain’s innovative approach, its robust platform and, of course, its financial possibilities for liquidity providers and traders.

Want to start buying BNT now? Visit our preferred broker to get started...

1
Min. Deposit
$10
Promotion
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Keep reading to learn more about how and where to buy Bancor. Plus, discover why the Bancor platform has become a sustainable staking application for millions of users worldwide.

3 steps to buy Bancor

Step 1: Sign up to a broker or exchange

Register an account with one of our recommended cryptocurrency exchanges or brokerages. Signing up is quick, all you have to do is provide your contact information and personal identification. It’s a bit like opening a bank account, so if you’ve ever done that you’ll have a good idea of what’s involved.

Step 2: Deposit funds

After signing up, deposit some funds into your account so you can start trading. Deposits can be made through a bank transfer or using your debit or credit card. If you do use a bank transfer don’t be surprised if you have to wait a few working days. Also, when using a credit card to fund, be sure to check out the broker fees. 

Step 3: Buy Bancor

Head over to your trading platform’s exchange and search for Bancor or BNT. Select one of the Bancor trading pairs then enter the number of BNT that you would like to buy. You will need to have the correct denomination for the pair, so if it’s BNT/USDT, you will need to buy USDT with your deposited funds first. When you’re ready to purchase, click the buy button.

Where to buy Bancor

Bancor’s native BNT token used to power the Bancor network can be bought from various trading platforms such as Binance and eToro. Below are some of our recommended crypto exchanges and brokerages where you can find Bancor and add it to your trading portfolio.

1
Min. Deposit
$10
Promotion
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$1
Promotion
User Score
9.3
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
Credit Card, Debit Card, PayPal, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full regulations list:
3
Min. Deposit
$0
Promotion
User Score
8.7
Earn high, borrow low
Earn up to 17% yield on their crypto
Buy coins, earn yield, borrow, and transfer with no fees.
Start Trading
Description:
Celsius is proud to provide a platform of curated services that have been abandoned by big banks – things like fair interest, zero fees, and lightning quick transactions. Our goal is to disrupt the financial industry, one happy user at a time, and introduce financial freedom through crypto.
Payment Methods
Full regulations list:

Why buy Bancor?

With Bancor, users can deposit crypto assets into a liquidity pool and earn a share of the platform’s trading fees. How much they make will be based on the amount of crypto they have added to the platform. 

One of the most attractive aspects of parking liquidity in Bancor is its “safe staking”. This is a mechanism that protects against impermanent loss (IL). IL is when a liquidity provider’s asset pair fluctuates in price, and a short-term loss is incurred. To mitigate this risk, which occurs in times of high volatility, Bancor has instituted IL insurance, which covers 100% of liquidity provider funds.

Right now, there’s a big demand in crypto for trustless, reliable yield platforms and staking services. Many investors will want to earn a yield on their coins when they’re not trading them or when they plan on holding their digital assets for a long time. Staking on Bancor is ideal, and any increased demand is great for BNT.

Where to store your BNT

You can keep your BNT tokens on the trading platform you purchased them from. If you'd prefer to have more control over your tokens and greater security, then investing in a hardware wallet may be preferable. Hardware wallets are small non-custodial USB wallets that provide greater securprotectionyour assets. Some of the best hardware wallets on the market are provided below.

1
Min. Deposit
-
Promotion
User Score
10
Go offline and hold your coins
1000+ coins supported
Transparent security
Start Trading
Payment Methods:
Bitcoin, Credit Card
Full Regulations:
2
Min. Deposit
-
Promotion
User Score
9.3
The worlds most popular hardware wallet
Buy, Manage and Secure your crypto in one place
Compatible with over 100+ cryptocurrencies
Start Trading
Payment Methods:
BitPay, Credit Card, PayPal
Full Regulations:

Frequently Asked Questions

  1. Tokens can be staked by connecting your wallet to the Bancor platform then searching for a liquidity pool that you’d like to join. Once you've staked your crypto correctly in the liquidity pool, you'll start to earn rewards in BNT at the specified percentages.

  2. APR rates depend on a range of circumstances, from how much of a specific token has been deposited to the ebbs and flows of trading and network activity, which also impact APR levels and cause them to fluctuate. Top tip: It's always best to check the APR rate regularly to decide if you still want to remain staked or cycle your capital out of your chosen liquidity pool and into something else.

  3. To view the current cryptocurrencies that are available to be staked on Bancor, visit their website and browse the available pools. Occasionally, Bancor adds more tokens to its platform.

     

Alternative Cryptocurrencies

Axie Infinity logo
Axie Infinity
AXS
...
...
Ravencoin logo
Ravencoin
RVN
...
...
Elrond logo
Elrond
EGLD
...
...
We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "OK, Thanks" you are consenting to the use of cookies on this website.