How to buy Balancer from Bitget 

What is Balancer (BAL)?

Balancer is an automated market maker (AMM) protocol and a decentralized exchange (DEX) on Ethereum and other EVM-compatible blockchains. It is one of the leading protocols in the DeFi section and offers many various services for crypto investors. The DEX was founded in 2018 by Fernando Martinelli and Mike McDonald.

How Balancer (BAL) Works

Similar to how most other AMMs work, Balancer enables users to trade directly with each other via liquidity pools and rewards liquidity providers with a portion of the trading fees. The special thing about Balancer is that it has seven different types of liquidity pools and may allow up to fifty different tokens in one single pool.

The seven types of liquidity pools in Balancer are:

- Weighted Pool

- Stable Pool

- MetaStable Pool

- Liquidity Bootstrapping Pool

- Managed Pool

- Boosted Pool

- Custom Pool

How Many Balancer (BAL) Tokens Are in Circulation?

BAL serves as the utility and governance token of the AMM. The total supply of BAL is 96,150,704 and the circulating supply is 44,707,457.65.

How to Buy Balancer (BAL)

Consider investing in Balancer (BAL)? It only takes 2 minutes to create an account on Bitget and start trading BAL. 

Check out the available BAL trading pairs on Bitget!

Spot market

BALUSDT

Balancer (BAL) Resources

Official Website

Official Documents

Bitget: Where The World Trades Balancer

Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Balancer instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

How to buy Balancer from Bitget 

What to Do After I Buy Balancer

Store/Hold Balancer

Many users hold on to their Balancer with the expectation of it increasing in value. You can store your BAL safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Balancer

You can trade Balancer for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Balancer trading to meet your needs.

Send Balancer

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Balancer online and send to anyone and anywhere with their Balancer address.

Spend Balancer

You can also buy goods and services with your Balancer. More and more vendors and retailers accept Balancer every day.

Donate Balancer

Bitget Charity accepts Balancer donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Balancer so no one misses out on the growth made possible by blockchain.

Learn More About Balancer

You can read more in-depth articles on Balancer from Bitget Research and study how cryptocurrencies like Balancer work on Bitget Academy

Buy and Sell BAL on the Move

Download the Bitget crypto trading app and trade your BAL plus 150+ cryptocurrencies, anytime and anywhere.

(!) Cryptocurrency investment activities, including actions done to buy Balancer online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Balancer instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Balancer purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.