Bancor is a decentralized liquidity network offering a simple, low-cost way to convert tokens directly through a user's wallet. Bancor’s open-source protocol allows integrated tokens to be instantly converted for one another, without matching two parties in an exchange. Convert tokens including ETH and EOS on the Bancor Web App.
I like the idea of decentralized exchanges, but at the moment, they're very slow. Bancor has an elegant solution for when I want to quickly exchange ETH to other tokens.
Pros:Bancor offers an incredibly easy way to purchase tokens using ETH without having to deal with an exchange. It's compatible with MetaMask!
Cons:Wish they had more tokens! Also, the price compared to exchanges can be a little higher.
Bancor is a very smart way to deal with the liquidity issue and they've made a very easy to use platform with a user friendly UI. Quite nice!
Pros:Bancor is really easy to use!
Cons:No cons
Great service, a great alternative to coin swap solutions like Shapeshift while also dealing with the liquidy issue we come by every now and them.
Pros:Easy to use. Friendly and lean UI, something rather hard to find in the cryptosphere.
Cons:None that I can think of.