BNT is a token on Bancor Network. Bancor is a blockchain protocol provide cryptocurrency conversion services. it is decentralized and provides liquidity to the market and incentivizes participants like liquidity providers. It provides traders the ability to buy or sell coins using smart contracts with low fees. Bancor has an automated exchange system in which prices and trading volumes are controlled through the protocol. Bancor supports all cryptocurrencies that are ERC 20 compatible.