Balancer Tops 24 Hour Trading Volume of $6.22 Million (BAL)

Balancer (BAL) traded 0.6% lower against the US dollar during the 1-day period ending at 14:00 PM E.T. on May 26th. One Balancer token can currently be purchased for $4.04 or 0.00005883 BTC on cryptocurrency exchanges. Over the last week, Balancer has traded up 18.7% against the US dollar. Balancer has a market capitalization of $230.47 million and $6.22 million worth of Balancer was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 3.1% lower against the dollar and now trades at $0.29 or 0.00000428 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.5% higher against the dollar and now trades at $0.0098 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer was first traded on June 20th, 2020. Balancer’s total supply is 63,355,753 tokens and its circulating supply is 57,019,578 tokens. The official website for Balancer is balancer.finance. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. 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.”

Buying and Selling Balancer

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

BAL/USD price chart by TradingView