Balancer Price Hits $1.81 on Exchanges (BAL)

Balancer (BAL) traded 1.5% lower against the dollar during the 24-hour period ending at 0:00 AM Eastern on September 5th. Balancer has a total market capitalization of $108.09 million and approximately $4.66 million worth of Balancer was traded on exchanges in the last day. One Balancer token can now be bought for about $1.81 or 0.00003201 BTC on exchanges. In the last seven days, Balancer has traded 3.9% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.2% higher against the dollar and now trades at $0.0518 or 0.00000092 BTC.
• P2P Solutions foundation (P2PS) traded 2% higher against the dollar and now trades at $154.60 or 0.00272880 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 64,863,483 tokens and its circulating supply is 59,602,978 tokens. The official website for Balancer is balancer.finance. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. Balancer’s official message board 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 purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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