Balancer Tops One Day Volume of $2.61 Million (BAL)

Balancer (BAL) traded up 0.6% against the US dollar during the one day period ending at 0:00 AM Eastern on May 26th. Balancer has a total market cap of $259.70 million and approximately $2.61 million worth of Balancer was traded on exchanges in the last day. Over the last seven days, Balancer has traded 3.9% lower against the US dollar. One Balancer token can currently be purchased for $5.23 or 0.00019541 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 3% against the dollar and now trades at $0.35 or 0.00001291 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 7% against the dollar and now trades at $0.0016 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded down 7.3% against the dollar and now trades at $0.0147 or 0.00000055 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.1% lower against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Balancer Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 57,227,419 tokens and its circulating supply is 49,700,111 tokens. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. The official website for Balancer is balancer.finance. Balancer’s official message board is balancer.finance/blog-feed.

According to CryptoCompare, “Balancer Protocol is an Ethereum-based decentralized exchange that utilizes an automated market maker (AMM) system to facilitate trades. It allows anyone to create and supply trading pools, making it easier for liquidity providers to earn swap fees. Its mission is to accelerate innovation in DeFi by providing a secure infrastructure for liquidity applications. Balancer Pools contain two or more tokens that traders can swap between, and the protocol adopts powerful features to reduce gas costs, enhance capital efficiency, and unlock arbitrage opportunities. Balancer is a platform for building new types of pools and financial dApps.”

Buying and Selling Balancer

It is usually not possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView