Where to buy Balancer (BAL) cryptocurrency
The Balancer tokens is widely disseminated among the cryptocurrency trading platforms. The sixty-eight exchanges offer thirty-nine pairs. All the details about, including instructions, pairs and last project news is located above.
Where to buy Balancer
Step 1You need an account with a cryptocurrency exchange that supports Balancer token. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
Name | Fee | Trust | DeFi | Volume | |
---|---|---|---|---|---|
Balancer (v2) | ?? / ?? | MEDIUM | No | $777 | |
BKEX | 0.15 / 0.2 | MEDIUM | Yes | $86372 | |
Bitget | 0.1 / 0.1 | HIGH | Yes | $44942 | |
BingX | 0.075 / 0.045 | MEDIUM | Yes | $10974 | |
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 | |
P2PB2B | ?? / ?? | HIGH | Yes | $85816 | |
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 | |
LBank | 0.1 / 0.1 | MEDIUM | Yes | $59333 | |
Coinsbit | ?? / ?? | MEDIUM | Yes | $69079 | |
Bitvavo | ?? / ?? | MEDIUM | Yes | $2184 | |
Bibox | 0.075 / 0.15 | MEDIUM | Yes | $7441 |
Purchase or transfer with peer-to-peer trading one of this coins: ETH, USDT, 0X2F2A..., EUR, USDC or other.
Step 3Go to spot trading on your trading platform and type the coin name in search line. Select from available trading pairs, then set order and push Buy BAL button.
Congratulations!
After you click "buy" button, the Balancer cryptocurrency will be transferred to your account on the cryptocurrency exchange. Be aware that only transferring your coins off crypto exchange to offline crypto wallet such as Trezor T or Ledger Nano X, you help better protect your investments. This isn't just scale down your risk if your trading platform gets cracked, but if you transfer a “cold,” or offline, wallet, your Balancer becomes secure assets. The only con generally have to pay a small fee to transfer your crypto from the exchange.
What is Balancer
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.
Video Review
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Statistics and Externals
Term of hash algorithm not applicable to Balancer cryptocurrency.
Price and supply
The current total supply is 63878159.438466, with a circulating supply of 59178404 BAL as of Sep 2024. The Balancer maximum amount of coins that will ever exist is 64800303.
The Bal crypto price is $1.9509 as of 10:31 AM. The price went up on 1.0437% over the past 24 hours. The recent price action left the token's market capitalization at 149.8 millions USD. Thus far previous 30 days, the Bal coin increased on 0.92%.
FAQ
What cryptocurrency exchange can I buy Balancer?
Bal cryptocurrency can be bought from 68 exchanges. And these are some of them: OKX, Uniswap V3 (Arbitrum One), Bibox, Balancer V1 and Balancer V2 (Base).
Is Balancer coin a good investment?
The Bal is moderate risks asset that can lost value. Due to the high volatility of all crypto industry you should always remember: learn the risks before you start trading, unexpected changes in market can lead to sharp and sudden moves in price and any cryptocurrency has a possibility price to crash to zero. Aside from that investing in crypto assets is potentially extremely profitable.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.