Chainium & Bancor announcement

WeOwn
OwnMarket
Published in
2 min readApr 24, 2018

We are pleased to announce that CHX is integrating with the Bancor Protocol to provide liquidity to CHX token holders.

By integrating with the Bancor Protocol, CHX token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), BNB (Binance), GNO, EOS, DRGN and a long list of announced projects soon to be activated. The Bancor Network also now provides a fiat gateway for purchasing ETH with major credit cards.

FAQs

What about centralised exchanges?

Further announcements will be made very soon…

When will CHX tokens be unlocked?

Tuesday 24 April 12.00 UTC

When will CHX be integrated with Bancor Protocol?

From Wednesday 25 April

What is the Bancor Network?

Bancor is a decentralized liquidity network that provides users with a simple, low-cost way to buy and sell tokens. Bancor’s open-source protocol empowers tokens with built-in convertibility directly through their smart contracts, allowing integrated tokens to be instantly converted for one another, without needing to match buyers and sellers in an exchange. The Bancor Wallet enables automated token conversions directly from within the wallet, at prices that are more predictable than exchanges and resistant to manipulation. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.

How do I use Bancor Network?

Please watch this video

What’s the history of the Bancor Network?

Bancor is a decentralized liquidity network based in Zug, Switzerland. Bancor completed a historic Token Generation Event in June 2017. Bancor aims to unlock the long tail of user-generated currencies by solving the liquidity challenge, allowing any token to be instantly convertible to any other at continuously calculated prices, regardless of volume and outside of traditional exchanges.

What other tokens are on the Bancor Network?

You can see them all on Reddit

What is the CHX token contract address?

0x1460a58096d80a50a2F1f956DDA497611Fa4f165

Chainium has rebranded to Own. For more information about our brand change please read this medium post.

www.weown.com

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