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 BA L trading pairs on Bitget!
Spot market
Balancer (BAL) Resources
Simple 3-step guide to buying BAL today in Peru
Create your free Bitget account
Select a funding method
Complete your Balancer purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Balancer using a payment method of your choice:
Buy Balancer with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Balancer order.
How to buy crypto with credit/debit cardBuy Balancer with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Balancer is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Balancer order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Balancer order.Buy Balancer with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Balancer order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Balancer in your Bitget spot wallet
Bitget—where the world trades Balancer
How to buy Balancer for free
- Learn how to earn Balancer for free through the Learn2Earn promotion
- Earn free Balancer by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Balancer airdrops by joining On-going challenges and promotions
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FAQ
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Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase Balancer(BAL) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.