Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
About Balancer (BAL)
Balancer refers to itself as a protocol for programmable liquidity; the crypto community calls it a decentralized exchange (DEX), or, even more to the point, an automated market maker (AMM).
Among the main technologies driving decentralized finance (DeFi), AMMs are smart contracts abetting autonomous, crowd-sourced liquidity pools that reward liquidity providers (token depositors) while feeding DEX platforms with tokens.
Over $20 billion of assets were locked in DeFi contracts as of mid-January 2021. Driving that surge are AMMs such as Balancer.
Launched in June of 2020, Balancer allows users to engage in liquidity mining, depositing crypto assets (up to eight, in any ratio) into its liquidity pools. Access comes via purchased units of uniquely built indices comprising crypto holdings that exist on the network. It’s essentially software, running on Ethereum, designed to incentivize a decentralized network of computers to auto-operate a DEX.
How to buy Balancer (BAL)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Get more coin for your coin
0% deposit fees 0% withdrawal fees