What is Bancor Market and Normal Market

The CoinEx DEX for cryptocurrencies trading in ViaWallet Discover page is divided into Bancor market and normal market.

The Bancor market refers to a market that takes use of Automated Market Making (AMM). After the liquidity provider injects liquidity into the market, the buyers and sellers of the Bancor market are actually trading with the liquidity pool on the chain. Users can buy tokens from the fund pool or sell token to the fund pool at any time with the price calculated automatically.

The normal market, like the traditional market, refers to the market where users place orders by themselves manually.