How and where to buy Balancer coin
The Bal coin is very common among the exchanges. It's available on 62 trading platforms with twenty-six pairs: BAL/KRW, BAL/EUR, 0X9A71.../MATIC and other. All the details about, including pairs, instructions and price prediction is listed below.
Where to buy Balancer
Step 1You need an account with a cryptocurrency exchange that supports Bal crypto. All of them listed 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 |
Transfer or purchase with peer-to-peer trading one of this coins: SGD, MATIC, USD, EUR, USDC or other.
Step 3Go to spot on your cryptocurrency exchange and type the coin name in search line. Choose between available trading pairs, then set order and push Buy BAL button.
Congratulations!
After you press "buy" button, the Bal cryptocurrency will be deposited in your account on the trading platform. You need to know that just moving your coins off cryptocurrency exchange into cold wallet, you help better protect your investments. It's not only reduce your risk if your exchange of choice gets hacked, but if you pick a “cold,” or offline, wallet, your Balancer turn into safe assets. The only disadvantage generally have to pay a small withdrawal fee to transfer your coins off of the crypto 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 algorithms not applicable to Bal tokens.
Price and supply
The current total supply is 52415195.064577, with a circulating supply of 57 millions BAL as of May 2024. The max supply in the lifetime of the Balancer is 62973413.
The price of Balancer is $3.3926 as of 05:21 PM. The price was raised on 0.9828% over the past 24 hours. The recent price action left the token's market capitalization at 193.3 millions USD. Thus far previous 30 days, the Balancer coin has a change of 0.69%.
FAQ
What exchange can I buy Bal cryptocurrency?
Balancer token can be bought from 62 exchanges. And these are some of them: Gate.io, CoinEx, BitGlobal, Binance and Nominex.
Is Balancer a good investment?
The Bal token has a common risks of value go down. Due to the high volatility of all Blockchain based assets you have to consider: 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 it's chance to get rich by investing in crypto.
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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.