About Balancer (BAL)
Market Capitalization$177.10 million
Coin or TokenCoin
Balancer (BAL) Frequently Asked Questions
What is Balancer?
An AMM, or Automated Market Maker is a general term that defines an algorithm for creating and managing liquidity. Instead of paying fees to portfolio managers to rebalance the users' portfolio, they collect fees from traders, who rebalance their portfolio. Users can earn returns by providing liquidity or as a trader swap between any assets in the global liquidity pool. (Description provided by CryptoCompare)
How do I buy Balancer?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Balancer.
Where can I get Balancer wallet?
Balancer produces its own wallet software that is available for download on its website, which allows you to store Balancer on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Balancer?
One Balancer (BAL) is currently worth $25.50 on major cryptocurrency exchanges. You can also exchange one Balancer for 0.00053189 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Balancer in U.S. dollars is $177.10 million.
What hashing algorithm does Balancer use?
Balancer is a coin that uses the ETH Token algorithm.
What coins are similar to Balancer?
The following coins use Balancer's ETH Token algorithm and proof-type: Binance USD, Chainlink, Polygon, Polygon, FTX Token, DREP, DREP [old], Dai, THETA, PancakeSwap, Crypto.com Coin, Aave, Axie Infinity, The Graph and Fantom.
MarketBeat Community Rating for Balancer (BAL)MarketBeat's community ratings are surveys of what our community members think about Balancer and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Balancer (BAL) Price Chart for Saturday, September, 18, 2021
Balancer (BAL) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Balancer. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Balancer Coin" over the last 90 days.
Balancer (BAL) Website Traffic
Balancer (BAL) Social Media Trends
Balancer (BAL) News Headlines
|BNPL Pay DeFi Protocol to Launch Token Sale on Balancer|
bitcoinist.com - September 16 at 8:11 AM
|PrimeDAO raises $2M to build cooperative platform for DAOs|
cointelegraph.com - September 15 at 4:01 AM
|HaloDAO Lists on AscendEX|
ambcrypto.com - September 13 at 11:01 PM
|Uniswap, SushiSwap, Balancer, Curve: Low DEX volumes have this impact on investors|
ambcrypto.com - September 13 at 10:02 AM
|WallStreetBets Partners With Balancer to Launch Exchange-Traded Portfolios (ETPs)|
cryptopotato.com - September 11 at 10:01 AM
|Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies|
cointelegraph.com - June 19 at 7:03 AM
|Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction|
cointelegraph.com - May 4 at 6:12 PM
|Uniswap v3 hopes to reinvent its DEX, others see a different path for DeFi|
cointelegraph.com - April 28 at 2:11 PM
|Balancer (BAL) price soars to new all-time high: What's driving the rally?|
cointelegraph.com - April 15 at 4:11 PM
|Balancer (BAL) Price Predictions: Where Will the Balancer Crypto Go After Altcoin Frenzy?|
investorplace.com - April 14 at 3:14 PM
|Opportunistic trader front-runs HydraDX’s Balancer LBP contract for $50,000|
cointelegraph.com - February 12 at 4:09 AM
|Finance Redefined: DeFi gets shiny new money Lego parts, Jan. 27–Feb. 3|
cointelegraph.com - February 4 at 9:12 AM
|This Project Looks to Bridge Multi-Chain Gaps as the Layer 2 of DeFi|
newsbtc.com - January 5 at 6:01 AM
|BTC cracks $30K, supply squeeze worsens, XRP implodes: Hodler’s Digest, Dec. 27–Jan. 2|
cointelegraph.com - January 3 at 7:03 AM
|Cover Protocol announces compensation plan following mining contract attack|
cointelegraph.com - December 31 at 12:03 PM
|Roundup of crypto hacks, exploits and heists in 2020|
cointelegraph.com - December 26 at 3:01 PM
|PowerPool launches 'meta-governance token' for Yearn ecosystem|
cointelegraph.com - December 10 at 6:04 AM
|Investors are back into Bitcoin but DEXs are still the future of crypto|
cointelegraph.com - November 10 at 2:06 AM
|Battered DeFi Market Continues Descent: Compound, Synthetix, Balancer Slip 10%|
newsbtc.com - October 7 at 12:13 AM
|Hacker Exploits Deflationary Token to Steal $500,000 from Balancer Pool|
insidebitcoins.com - June 29 at 12:51 PM