Balancer Price Hits $1.84 (BAL)

Balancer (BAL) traded down 2.7% against the dollar during the 24-hour period ending at 17:00 PM Eastern on September 15th. One Balancer token can currently be bought for about $1.84 or 0.00003081 BTC on popular exchanges. Balancer has a market capitalization of $110.01 million and approximately $3.74 million worth of Balancer was traded on exchanges in the last day. During the last week, Balancer has traded 12.7% higher against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0.7% against the dollar and now trades at $0.0498 or 0.00000083 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 64,984,795 tokens and its circulating supply is 59,724,291 tokens. Balancer’s official message board is balancer.finance/blog-feed. Balancer’s official website is balancer.finance. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

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 presently possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to trade Balancer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Balancer using one of the exchanges listed above.

BAL/USD price chart by TradingView