Balancer One Day Volume Reaches $7.50 Million (BAL)

Balancer (BAL) traded 3.8% lower against the US dollar during the one day period ending at 10:00 AM E.T. on November 3rd. Over the last seven days, Balancer has traded down 8.4% against the US dollar. One Balancer token can now be purchased for $1.73 or 0.00002549 BTC on exchanges. Balancer has a market capitalization of $104.63 million and approximately $7.50 million worth of Balancer was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.3% lower against the dollar and now trades at $68,243.92 or 1.00786737 BTC.
• SolvBTC (SOLVBTC) traded 2% lower against the dollar and now trades at $67,807.91 or 1.00142811 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 65,692,824 tokens and its circulating supply is 60,612,679 tokens. The official website for Balancer is balancer.fi. The official message board for Balancer is balancer.finance/blog-feed. 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 currently possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to trade Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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