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$18.40

  3.71%

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What is Balancer?

Balancer (BAL) is an automated market maker, decentralised exchange and liquidity pool protocol that allows users to provide liquidity for multiple assets simultaneously.

  • The team aims to improve the efficiency of liquidity pool technology pioneered by Uniswap and Bancor. Balancer allows for custom ratios of assets for each pool, instead of just 50-50 of each asset.
  • When users trade, their orders are filled by multiple pools for optimal pricing and slippage.
  • BAL token acts as a governance token to help the project set features such as issuance rewards and whitelisted pools for liquidity mining.

Through innovative ideas around automated investing, Balancer seeks to revolutionise index funds.

How do I buy Balancer?

1.
Deposit funds into your account.
2.
Enter the amount of Balancer (or Australian Dollar equivalent) that you would like to buy.
3.
Click ‘Buy' to confirm your Balancer purchase and your Balancer will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.