Dear VirgoCX users,
VirgoCX listed Bancor Network and Celo and opened trading for BNT/CAD and CELO/CAD trading pairs on June 9, 2022.
About Bancor Network:
The Bancor Network is a decentralized protocol meant to facilitate the transaction of one cryptocurrency to another. What makes the Bancor Network so interesting is that it is designed to run on both the Ethereum and EOS blockchains, allowing seamless transitions from one or the other. Its derivative coin, the Bancor Network Token (BNT), is used primarily as an intermediary during currency-to-currency transactions, with percentages of the transaction fees being rewarded to the network’s liquidity providers.
Celo is a blockchain protocol that aims to reduce the barriers of crypto asset adoption by streamlining the user experience. To this end, Celo utilizes mobile phone numbers as public keys, rather than the cryptographic hashes normally used in traditional blockchains.
Risk warning: Cryptocurrency trading is subject to risks. Please read through our Terms of Service for full-risk disclosures.
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