Make financial technologies closer
In this post, I’d like to share a sample of trying to get your account information from the Cryptocurrency Exchange account via their API.
This time, I tried at following two Japanese exchanges. bitFlyer is starting their service in United States. (I’m gonna share the info about other global exchanges some day, such as Poloniex, Bitfinex, Liqui, etc.)
*** SORRY I was using wrong formula!!! I fixed this article!!! ***
Writing in this article is the simplest example of Bancor’s autonomous price calculation rather than exchanges.
Bancor’s fundraising result was 396,720 ETH, as is also announced on the official website.
And as they set up 20% of revenue as a initial reserve and 50% of BANCOR (BNT) issued will be allocated to investors, wo can calculate the initial price as follows (It is the same as “1 ETH = 100 BNT” as in the crowdsale), though…)
Continue reading “The Simplest Pricing Simulation about BANCOR(BNT)”
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