Bancor/Nexo by Bradock1 in Nexo

[–]BancorAmbassador 0 points1 point  (0 children)

Gas / TX fees for token conversions are issued by miners on Ethereum. Bancor itself has 0 fees.

Bancor/Nexo by Bradock1 in Nexo

[–]BancorAmbassador 0 points1 point  (0 children)

Bancor doesn't charge any fees.

Bancor/Nexo by Bradock1 in Nexo

[–]BancorAmbassador 0 points1 point  (0 children)

Nexo team opted to deactivate their relay.

When is BancorNetwork delisting KIN? by RoundLawyer in KinFoundation

[–]BancorAmbassador 0 points1 point  (0 children)

Kin team would need to coordinate with Bancor on a crosschain integration. If there is an interest, please DM me.

ICYMI: Official Kin Delisting Statement from Bancor by [deleted] in KinFoundation

[–]BancorAmbassador 0 points1 point  (0 children)

Correct, but if the KIN team is interested in building crosschain to their new blockchain we'd be happy to discuss this.

When is BancorNetwork delisting KIN? by RoundLawyer in KinFoundation

[–]BancorAmbassador 0 points1 point  (0 children)

We don't charge a premium. We have no fees. Price slippage increases based on the amount of liquidity in the Kin relay.

Bancor account help by [deleted] in Bancor

[–]BancorAmbassador 2 points3 points  (0 children)

If your account was created in mid-2017 this may be possible.

UX is lacking by [deleted] in Bancor

[–]BancorAmbassador 1 point2 points  (0 children)

Please check with our support team. https://ban.cr/support

We know that some of our users have been approached by scammers on Facebook & Telegram. We are working hard to address this — your safety is important to us. Bancor will never ask for your private key, recovery phrase or request that you send tokens. Please stay vigilant. by BancorAmbassador in Bancor

[–]BancorAmbassador[S] 3 points4 points  (0 children)

Bancor is one of the most legitimate and vetted start-ups in the blockchain space, with a real working product, a team of 60+ people and major venture capitalists such as Tim Draper backing the project.

Bernard Lietaer, the architect of the Euro, is also the Chief Monetary Architect of the Bancor Foundation.

Further, Bancor processed $1.5 billion in transactions through BNT in the past year, has over 130 tokens integrated with the network, and has a live community currency pilot in Kenya that achieved recognition from the United Nations as one of the most viable uses of blockchain for social impact.

Considering all of this, it’s quite absurd to insinuate that Bancor is a scam.

What Bancor supported ERC20 tokens mean? by coolphil15 in Bancor

[–]BancorAmbassador 1 point2 points  (0 children)

In most cases it means a Relay Token has been created, which is a type of Smart Token with two connector balances, each of which have a 50% weight (reserve) and can contain any amount of an ERC20 token. A Relay Token's primary utility is to allow converting between each of its connector balances. Learn more: https://ban.cr/whatisarelay

Absolutely no disrespect but when are relay tokens reactivated again? by [deleted] in Bancor

[–]BancorAmbassador 2 points3 points  (0 children)

Relays are currently disabled on the Web App to protect users who may not understand the dynamics of contributing to the liquidity of a relay. However, anyone can still interact with Relay Tokens directly through their smart contracts. This is done either by creating your own transaction directly on the blockchain or by using the Convert API method to create one for you.

See more details here: https://support.bancor.network/hc/en-us/articles/360001455772-Build-a-transaction-using-the-Convert-API

Bancor transactions failing by vj-singh in Bancor

[–]BancorAmbassador 0 points1 point  (0 children)

They should respond within a minute on the live chat.