Moneto announces integration with Bancor this month

Moneto announces integration with Bancor this month

May 17, 2018 Off By Steven Anderson

Cryptocurrency platform Moneto has recently integrated the Bancor Protocol giving users of the Moneto ecosystem a seamless way to buy and sell Moneto tokens.

May 17th, switzerland : New cryptocurrency platform Moneto is pleased to announce its recent integration of the Bancor Protocol. The integration of the protocol will allow for automatic and instant conversion of Moneto tokens (MTO) to any token in Bancor Network, giving Moneto users an easy way buy and sell Moneto tokens, and taking the Moneto platform to new heights in near future.

Moneto is a revolutionary blockchain-powered cryptocurrency platform which extends instant loans with better terms in comparison to conventional borrowing system. The loans offered by Moneto are secured by Bitcoins and assure reduced interest rates and longer repayment period to make things more convenient for borrowers. One of the best things about Moneto is its completely risk-free environment that guarantees no loss for borrowers even if the Bitcoin market goes down.

Bancor allows easy development of smart tokens that help to endow cryptocurrencies with newly embedded functionalities. These smart tokens can be converted instantly into all types of tokens on the Bancor network at an automatically calculated price. Bancor’s in-built automatic market makers and algorithmically calculated prices greatly benefit smart tokens & their holders with increased stability and continuous liquidity.

“We are really excited about our integration with Bancor. We are confident the Smart Token standard will take our platform to further heights and benefit our users with its in-built liquidity and stability”, stated Andrew Grishchenko, the founder of Moneto.

Moneto will launch its ICO on June 10, 2018.  

For more information, please visit https://mone.to/.

About Bancor

Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.

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