Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Balancer (BAL) in Sweden

Learn how to buy Balancer (BAL) on 15+ crypto exchanges in our step-by-step guide.

Balancer
BAL- USD
$5.94
+ $0.25 ( + 4.32%)
PLACEHOLDER-VENTURES-PORTFOLIO

You can buy Balancer (BAL) on a cryptocurrency exchange like Binance. These specialised marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Balancer is a permissionless, non-custodial automated market maker (AMM) program. Here's how to buy Balancer.

How to buy Balancer in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Balancer is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit kr using the payment method that best suits you – bank transfer, debit card, neteller and PayPal payments are widely accepted.
  4. Buy Balancer
    You can now exchange your funds for Balancer. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Balancer to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Balancer in Sweden

Find an exchange to buy, sell and trade BAL by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 5 of 15
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

373
cryptocurrencies

Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
eToro Cryptocurrency Trading
Bank transfer, Debit card, Neteller, PayPal, Online banking, Skrill
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

72
cryptocurrencies

Disclaimer: Volatile investment product. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. $50 minimum deposit.
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

354
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayPal, Debit/credit cards, Zelle
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

729
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1464
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 1,450 tokens including derivatives, yield farming and lending products.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

Compare up to 4 providers

How do I find the best places to buy Balancer?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Sweden to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Balancer?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Balancer.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing BAL with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Balancer?

Once you've created an account, you will need to deposit funds to buy BAL with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy BAL:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase BAL by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for BAL on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Balancer?

The easiest way to buy BAL is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying BAL, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Balancer has been performing recently.

Best Balancer wallets to store your BAL

You can keep your BAL on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BAL below.

Ledger Nano X Wallet

TREZOR Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,450+

Price (USD)

$149

Price (USD)

$213

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Balancer a good investment?

Cryptocurrency is a highly volatile and speculative asset, and there’s a lot to consider before you decide to add some to your portfolio. In the case of BAL, here are some things you should know:

  • Competition: As the decentralised finance world continues to evolve, more and more earning platforms are competing for a portion of the market share. A number of very popular automated market makers alongside Balancer – Curve and Uniswap both already have a large userbase of liquidity providers. Balancer does have an advantage given its unique balancing algorithm, but it will still need to prove its worth over other, more well-known platforms.
  • Governance: Those that have purchased BAL tokens may want to participate in the project and contribute to its future development. Doing so is not as simple as holding BAL in a wallet – you must also provide liquidity on the platform and receive LP tokens. Only then will you be delegated voting power and given the ability to put forward and vote on proposals.
  • Tokenomics: The maximum supply of BAL tokens is 100 million. 25 million were provided to the founders, advisors and investment team. A further 10 million are kept for running the ecosystem and the remaining 65 million were kept for distribution to liquidity providers (LPs). 145,000 BAL tokens are distributed per week to LPs which means the total supply will be fully liquid in 2028.

Additional information about Balancer can be found using our BAL analysis tools.

Today's Balancer price versus ATH

Compare today's price of Balancer ($5.96 USD) against its all-time-high price of $74.45 USD on 04 May 2021. The closer the bar is to 100%, the closer BAL is to reaching its ATH again.

Balancer's price: $5.96
ATH date: May 04, 2021
8.01%

Balancer ATH: $74.45


How to trade, convert or sell Balancer

You can convert or sell your BAL with the same exchange you bought it through:
  1. Sign in to the exchange you have BAL on.
  2. If you store your Balancer in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of BAL you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Balancer.
  6. Complete your transaction and move your BAL to a wallet for storage.

Disclaimer: Cryptocurrencies, including Balancer, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BAL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Balancer or any other cryptocurrency discussed.

More guides on Finder

  • Hur man köper Litecoin (LTC)

    Lär dig hur man köper, handlar och säljer Litecoin (LTC) i denna guide. Se en analys av myntet och vilka börser som stöder den.

  • Hur man köper NEXO (NEXO) i Sverige

    I denna guide kan du lära dig hur man köper, handlar och säljer Nexo (NEXO) i denna guide. Se en analys av myntet och vilka börser som stöder den.

  • Hur man köper Bitcoin SV (BSV) i Sverige

    I denna guide kan du lära dig hur man köper, handlar och säljer Bitcoin SV (BSV) i denna guide. Se en analys av myntet och vilka börser som stöder den.

  • Hur man köper Chiliz (CHZ)

    I denna guide kan du lära dig hur man köper, handlar och säljer Chiliz (CHZ) i denna guide. Se en analys av myntet och vilka börser som stöder den.

  • How to buy Paribus (PBX) in Sweden

    This guide provides step-by-step instructions on how to buy Paribus, lists some exchanges where you can get it and provides daily price data on (PBX).

  • How to buy ADAPad (ADAPAD) in Sweden

    This guide provides step-by-step instructions on how to buy ADAPad, lists some exchanges where you can get it and provides daily price data on (ADAPAD).

  • How to buy Fodl Finance (FODL) in Sweden

    This guide provides step-by-step instructions on how to buy Fodl Finance, lists some exchanges where you can get it and provides daily price data on (FODL).

  • How to buy JET (JET) in Sweden

    This guide provides step-by-step instructions on how to buy JET, lists some exchanges where you can get it and provides daily price data on (JET).

  • How to buy Cardstarter (CARDS) in Sweden

    This guide provides step-by-step instructions on how to buy Cardstarter, lists some exchanges where you can get it and provides daily price data on (CARDS).

  • How to buy Nominex (NMX) in Sweden

    This guide provides step-by-step instructions on how to buy Nominex, lists some exchanges where you can get it and provides daily price data on (NMX).

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site