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Buy Balancer (BAL)

$6.25 0.54%
0.54%
Instant Buy
Check the Balancer price in Australian Dollar (AUD) in real time
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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?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for BAL and click "Buy".
That’s it!
You now own some Balancer! You can click "Go to BAL Wallet" to see your Balancer.

Learn more about Balancer

Why Should I Trade BAL with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Balancer no matter what your trading experience is. Unlike other international and Australian Balancer exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Balancer with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Balancer how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Balancer?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Balancer for free.

Cold Storage

If you are holding Balancer as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Balancer. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Balancer. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Balancer has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Balancer is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Balancer exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Balancer & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Balancer safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Balancer portfolio here.
Yes! With CoinSpot you can convert your Balancer to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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