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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact helpme@coinspot.com.au.

You must have an account and be logged in to buy BAL

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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.

What is a Buy Stop Order?

A Buy Stop Order is a type of order where you can set the amount of Balancer you would like to buy at a desired price ABOVE the current market price.

More Information

How do I Set a Buy Stop Order for Balancer?


1.
Select the price (Trigger) where you would like to buy if the market rate rises.
2.
Enter the amount of Balancer (or Australian Dollar equivalent) that you would like to buy. Confirm you have funds available or Click here to make a deposit.
3.
Click ‘Create Buy Stop Order’ to confirm your BAL Buy Stop Order and your order will be created. Manage your open orders from the Open Orders page.
Don't have an account? Click here.