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Where to Buy Balancer (BAL) Coin

Balancer is a modern form of a decentralized exchange, also known as an automated market maker. It uses the ratio of assets shared in a liquidity pool to determine the asset's value. Considering the long-term technical tools, the prices are projected to skyrocket to as high as $25 in 2025.

Updated: 05 June 2022

Balancer is an automated market maker (AMM) developed on the Ethereum blockchain that seeks to incentivize a distributed network of computers to operate an exchange where users can buy and sell any cryptocurrency. Balancer enables the trading of crypto assets without needing a financial intermediary like an exchange.

BAL is a prominent emerging decentralized finance protocol built on the Ethereum blockchain. It is an open and accessible alternative to centralized exchanges that allows the trade of ETH and ERC-20 tokens in a permissionless environment. Users can trade supported tokens on this platform against one another, which creates the liquidity pools on the platform. These trades of financial assets provide liquidity to the protocol, which rewards the liquidity providers and users.

The article includes a step-by-step guide to purchasing the BAL token. It includes a comparison of various well-known exchanges that allow BAL trading, and everything needed to buy BAL is listed below.

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Contents [show]

How to Buy BAL

Choose an exchange offering BAL token; eToro is highly recommended as it’s FCA, ASIC and CySEC regulated.
Open and verify your trading account at eToro.
Add funds into your account.
Search for ‘BAL’ to open charts and trades.
Enter the amount to trade BAL and push “Trade Now”.

Best Exchange to Buy BAL in February 2023

Compare Crypto Exchanges & Brokers

68% of retail CFD accounts lose money.

74% of retail investor accounts lose money when trading CFDs with this provider.

The price and value of any investment in digital asset products can fluctuate.

The traded price of digital tokens can fluctuate greatly within a short period of time.

Market prices for digital tokens can be volatile and highly unpredictable.

As with any asset, the values of digital currencies may fluctuate significantly.

The value of digital currencies can go up or down frequently.

71% of retail CFD accounts lose money.

As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.

Rating

5.0

4.7

4.7

4.6

4.5

4.4

4.3

4.1

4.0

Mobile App Rating

10/10

9/10

9/10

8/10

8/10

9/10

9/10

9/10

10/10

Mobile App

Wallet

Number of Coins

74

60

22

36

17

59

65

15

123

Trading Fees

Spreads

Spreads

0.1%

0.1%

0.1%

0.1%

0.50%

Spreads

0.2%

Deposit Fees

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Withdrawal Fees

$5

N/A

0.0005 BTC

N/A

N/A

N/A

N/A

N/A

N/A

Regulated

ASIC, CySEC, FCA

CySEC

N/A

N/A

N/A

FCA

FCA

CBI, MiFID

N/A

Min. Deposit

$50

100 EUR

N/A

N/A

$10

$10

$2

$100

N/A

Leveraged Trading

N/A

N/A

1 - 100x

1 - 100x

1 - 10x

1 - 100x

N/A

1 - 30x

1-200x

Bitcoin

$23133.58

$22996.15

$22921.71

$40391.88

$40393.04

$40404.41

$40416.27

$22984.70

$40377.55

Ethereum

$1637.03

$1632.17

$1622.04

$2796.11

$2795.55

$2797.45

$2796.59

$1626.49

$2795.54

XRP

$0.40

$0.40

N/A

$0.23

N/A

$0.78

$0.30

$0.40

$0.78

Tether

$1.01

$1.01

$1.00

$1.00

N/A

N/A

$1.00

N/A

N/A

Litecoin

$96.58

$96.10

N/A

$109.04

N/A

$109.10

$109.04

$96.19

$108.99

Bitcoin Cash

$135.30

$135.70

N/A

$506.41

N/A

$295.12

$295.07

$135.63

$294.96

Chainlink

$7.04

$6.99

N/A

$14.26

N/A

$14.68

$14.67

$7.08

$14.68

Cardano

$0.39

$0.39

N/A

$0.83

N/A

$0.83

$0.83

N/A

$0.83

IOTA

$0.24

$0.24

$0.23

N/A

$0.70

$1.91

$1.91

$0.24

$0.70

Binance Coin

$330.29

$327.35

$327.27

N/A

N/A

$385.92

N/A

N/A

N/A

Stellar

$0.09

$0.09

N/A

$0.19

$0.08

$0.19

$0.19

$0.09

$0.19

Bitcoin SV

N/A

$45.08

N/A

$182.50

N/A

N/A

N/A

N/A

$77.12

USD Coin

N/A

N/A

N/A

$1.00

N/A

N/A

N/A

N/A

$1.00

EOS

$1.09

$1.09

$1.08

$2.06

$2.06

$2.06

$2.05

$1.09

$2.06

Monero

N/A

$168.51

$166.30

N/A

N/A

N/A

N/A

N/A

$188.31

Credit Card

Giropay

Neteller

Paypal

Sepa Transfer

Skrill

Sofort