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

Balancer (BAL) traded down 0.6% against the US dollar during the 24 hour period ending at 14:00 PM Eastern on May 26th. Over the last week, Balancer has traded 18.7% higher against the US dollar. One Balancer token can currently be bought for approximately $4.04 or 0.00005883 BTC on exchanges. Balancer has a total market capitalization of $230.47 million and $6.22 million worth of Balancer was traded on exchanges in the last day.

Here’s how other 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 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 up 1.9% 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 up 0.5% 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.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 63,355,753 tokens and its circulating supply is 57,019,578 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.”

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Balancer using one of the aforementioned exchanges.

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