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 {BTC (Bitcoin) or ETH (Ethereum)} to an {Crypto Trader}

Your {BTC (Bitcoin) or ETH (Ethereum)} {will need} to be sent over to an {Crypto Exchange} now. {Every exchange has} a deposit form that is {identical}. Balancer (BAL) is {available} on Binance, so {we're going to} use that as an {illustration}. {Not sure} on how to send {funds from Coinbase} to an {Crypto Trader}? ({Just follow} {this how-to})

Make sure {you've} {chosen} the {precise} coin you {would like} to deposit.

{Bitcoin} must be sent to a {BTC} deposit address, {Ethereum} to an {ETH} deposit address, {etcetera}. {If} {you are} {using} a decentralized exchange, {such as} Airswap or DDEX could be {opposed} ({Follow} {these easy steps}).

Step 3 – {Find} Balancer (BAL)

{As soon as} your deposit has been {confirmed}, {you'll} {now} have access to your {funds} and you can {initiate} {invest} and trading. To {buy} Balancer (BAL) on Binance, {you'll} want to {go to} the {tab which is called “Exchange”} and{ then} {mouse click} on “Basic”.

{To} {find} Balancer (BAL), {you'll} need to {insert} the {short name of the asset} (BAL) into the {search box}, which is {highlighted} in the {image}. {Be certain of having} {choosen} the {correct} {grouping}, {we've} {marked} this {too}. Click on “BAL/BTC” to {advance}.

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

{As soon as} {you have} {found} Balancer (BAL), {you'll} be {presented with} a {Chart with Prices} (in the Center of the {picture}) and {some} Order Books ({Leftside} of the {image}). {And now} {we are} {creating} our{ own} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{} {up-to-date} {valuation} Balancer (BAL) was {sold} for. {You can change this} to your {favoured} {price}. The {field with the “Amount” tag} is the {quantity} of BAL you {like} to {buy}. The {field with the “Total” tag} is the {total} price in {Bitcoin} that {you will} {pay} for the {complete} {amount} of BAL.

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

Step 5 – Withdraw Balancer (BAL)

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

{Find} Balancer (BAL) by using the {provided} drop-down box. {Drop in} the {quantity} of Balancer (BAL) {you'd} {like} to {take off}. {Don't forget} the {presented} {minimus/fees}. Also make sure you have {entered} your {precise} withdraw address.

{When} {you are} {satisfied}, {click on} “Submit”. You {may} be {requested} for {email/phone verification} {ahead of} a {withdrawal}.

Binance Withdraw

{Kudos}! {You've} successfully {purchased} and {stored} Balancer (BAL).

That's it!

{Withdrawals} from {Exchange} can {durate} {between} 1 – 30 minutes ({rely} on {usage of the network}). {As soon as} {you've} {confirmed} your {withdrawal} {with} {Ethplorer.io or Etherscan.io} and the (BAL) Balancer is {safe} {within} your wallet, {you're} {finished}.

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