How to Buy Balancer (BAL)

A Step-by-Step-Guide on how to buy Balancer (BAL)

Step 1 – Signup to Kraken

You'll first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Balancer (BAL) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Balancer (BAL)

As soon as your deposit has been approved, you will directly have access to your finances and you can launch purchasing and trading. To purchase Balancer (BAL) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To discover Balancer (BAL), you'll need to insert the shortname of the coin (BAL) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “BAL/BTC” to continue.

Binance Hot To Buy Balancer (BAL)
Binance How to Buy (BAL) Balancer
Step 4 – Purchasing Balancer (BAL)

After you've found Balancer (BAL), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The ”Price” field will be filled with the most recent valuation Balancer (BAL) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of BAL you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of BAL.

When you're glad, make a mouse click on “Buy BAL”. Your order will be filled when a Seller trades their BAL for the price you introduced.

Step 5 – Withdraw Balancer (BAL)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To take off your Balancer (BAL), go to the tab called “Funds” and mouse click on “Withdraw”. Balancer (BAL) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Balancer (BAL) by using the provided drop-down box. Put into the quantity of Balancer (BAL) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You could be asked for phone/email verification before a take off.

Binance Withdraw

Kudos! You have successfully bought and stored Balancer (BAL).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (BAL) Balancer is stored inside your wallet, you're done.

Some other Guides on How to buy Coins

How to Buy MCDex
How to Buy CVP Token
How to Buy Coins
/* */ Generated by MPG