How to Buy Balancer | Buy BAL in 4 Steps (September 2023)

Balancer is a decentralized exchange that enables the easy swap of ERC20 tokens. Users do not need to worry about bids, or ask prices. Smart order routing powers the swapping of tokens via an easy-to-use interface.  The automated market maker built on Ethereum pools up to eight different tokens for users to trade.

To learn more visit our Investing in Balancer guide.

We list the top 5 exchanges that offer the ability to buy Balancer (BAL) with a credit card, debit card, or Bitcoin (BTC).

How to Buy Balancer (BAL) in 4 Steps

The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification, and a means of payment.

1. Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Balancer (BAL) cryptocurrency.
2. Create an account – Verify your email address and identity.
3. Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
4. Buy Balancer – Use your funds to Buy BAL.

1. Uphold

A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Balancer (BAL). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.

Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.

Germany & Netherlands residents are prohibited.

Read our Uphold Review or visit Uphold.

Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are, therefore, not subject to protection.

2. Kraken

Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users and over $207 billion in quarterly trading volume.

From humble beginnings, Kraken now offers over 200 digital assets including Balancer (BAL). For more sophisticated investors Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.

Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)

Read our Kraken Review or visit Kraken.

3. KuCoin

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading.  It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.

KuCoin currently offers Balancer (BAL) cryptocurrency trading as well as over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.

USA residents are prohibited.

Read our KuCoin Review or visit KuCoin.

4. Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Balancer (BAL) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market-moving news.

This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

5. WazirX

Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Balancer (BAL) trading opportunities and currently accepts clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.

USA residents are prohibited.

Read our WazirX review or visit WazirX