Bancor Introduces Wallet for On-Chain Conversions amidst EOS and ETH Tokens.

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Bancor Introduces Wallet for On-Chain Conversions amidst EOS and ETH Tokens Bancor, decentralized liquidity network has released a wallet for on-chain conversions amidst Ethereum (ETH) and Eos (EOS) tokens, as per a press release posted with Cointelegraph on March 12, Tuesday.

Bancor Wallet, the new product, is a non-custodial crypto wallet that is created to enable on-chain crypto conversions amidst Ethereum and Eos-based tokens “in a single action,” the press release states. The new wallet is powered on Bancor’s recently released cross-chain protocol BancorX, which permits customers to morph between Ethereum and EOSpowered tokens deprived exchanges. Bancor’s director of communications, Nate Hindman, stated Cointelegraph in a statement that the launch of Bancor’s unified wallet is anticipated to pave the way for the incorporation of other blockchains, giving Tron (TRON) and Bitcoin (BTC) as samples.


Meantime, Hindman did not launch details about what chains are predicted to be integrated next, he highlighted “dev time required to add these chains is now dramatically lower than the time it took us to add EOS.” As per the press release, Bancor Wallet offers instant and zero-fee transactions amidst 9,700 token pairs, confirming that any token in the network can be transformed into any other at all times, irrespective of accessible buyers or sellers. Further, Bancor Wallet customers will be able to access their decentralized applications (DApps) without parting the wallet’s interface, the press release states. The declaration also outlines that Bancor Wallet’s launch accompanies recent news that the Bancor protocol will be assimilated into Samsung’s new Galaxy S10 smartphone through Enjin social gaming platform. Back in 2017, Enjin collaborated with Bancor to practice smart tokens across the Enjin Coin podium and to permit Enjin Coin (ENJ) token’s compatibility with the Bancor network and protocol. As beforehand stated, the new Galaxy S10 smartphones will clearly support ENJ, as well as Bitcoin (BTC), ETH and Cosmee’s token COSM, as per an official performance. Also Hindman stated Cointelegraph that, accompanying the Samsung news, “network volume in the past week reached an 11-month high of roughly $25M volume, up from $9M the previous week.” Bancor Network Token (BNT), Bancor’s own cryptocurrency raised in price this weekend, touching at $0.76 per coin on March 10, Sunday the coin’s uppermost price point since November 2018, as per data from CoinMarketCap. During press time, BNT is dealing at $0.61, surge about 3.15 percent on the day. Source: https://xnews.io/bancor-introduces-wallet-for-on-chain-conversionsamidst-eos-and-eth-tokens/


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