Balancer (BAL) Price Hits $2.38 on Exchanges

Balancer (BAL) traded down 0.3% against the US dollar during the one day period ending at 19:00 PM E.T. on August 1st. Balancer has a market capitalization of $138.47 million and $7.18 million worth of Balancer was traded on exchanges in the last day. Over the last week, Balancer has traded down 3.4% against the US dollar. One Balancer token can currently be bought for $2.38 or 0.00003658 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 2.7% against the dollar and now trades at $0.17 or 0.00000259 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 2.2% lower 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 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 up 0.6% against the dollar and now trades at $0.0127 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 64,343,041 tokens and its circulating supply is 58,090,572 tokens. The official message board for Balancer is balancer.finance/blog-feed. The official website for Balancer 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 purchase alternative cryptocurrencies such as Balancer directly using U.S. dollars. Investors seeking to acquire Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView