Balancer (BAL) Price Reaches $3.64 on Exchanges

Balancer (BAL) traded 0.6% lower against the dollar during the 24 hour period ending at 12:00 PM E.T. on May 5th. Balancer has a market capitalization of $206.66 million and $8.17 million worth of Balancer was traded on exchanges in the last 24 hours. One Balancer token can currently be bought for $3.64 or 0.00005663 BTC on popular exchanges. During the last seven days, Balancer has traded down 8.6% against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded up 1.4% against the dollar and now trades at $0.30 or 0.00000469 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.9% lower against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 63,048,944 tokens and its circulating supply is 56,712,769 tokens. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. The official website for Balancer is balancer.finance. The official message board for Balancer is balancer.finance/blog-feed.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Balancer Token Trading

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

BAL/USD price chart by TradingView