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6 “Best” Exchanges to Buy Balancer BAL (December 2022)

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Balancer is a decentralized exchange that enables the easy swap of ERC20 tokens. Users do not need to worry about bid, 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 6 exchanges that offer the ability to buy Balancer (BAL) with a credit card, debit card, or Bitcoin (BTC).

1. 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. Users can also earn up to 23% in rewards annually by staking select digital assets.

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

Read our Kraken Review or visit Kraken.

2. Uphold

Uphold – A top exchange in the United States, 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 the company is the credibility they have gained in the industry.

They offer 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 it has a very easy to navigate, and 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 the company who pride themselves on the usability of their platform. They have also added the ability to execute limit orders.

UK & European 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.

3. 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, Canada, Singapore, UK & internationally.  USA residents are prohibited from purchasing Balancer (BAL).

Read our Binance Review or visit Binance.

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

4. 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.

This exchange currently accepts USA residents.

Read our KuCoin Review or visit KuCoin.

5. Nexo

Nexo is a cryptocurrency platform and service which describes itself as one of the worlds leading digital asset institutions offering an all-in-one solution to buying, borrowing, and managing cryptocurrencies.

The company has been around since 2017 and now operates in over 200 jurisdictions providing service to more than 4 million users around the world while  providing a wide range of innovative features to traders.

Overall, the company has a strong reputation for providing a top-tier service that operates with a  high level of accountability and works to ensure user assets are kept as safe as possible. 

What sets this platform apart is the ability to earn high interests from crypto that is held.

More than 35 popular cryptocurrencies can be purchased within 7 seconds using the Nexo buy function. This includes Bitcoin, Ethereum, USDC, USDT, and NEXO the native token of the company. Users users can trade in more than 300 market pairs including over 100 exotic pairs which may be more difficult to find elsewhere.

Read our Nexo Review or visit Nexo.

6. 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 accept 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

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.