Buy Balancer online

The origins of the Balancer project date back to 2018.
That year, technology specialist Balancer Labs acquired the research project called Balancer.
The Balancer platform was launched in early 2020.
Its native token, BAL, was released in June 2020.
BAL is an ERC-20 token which therefore operates on the Ethereum blockchain.
But what is Balancer?
The Balancer project has two main features.
Firstly, it is an AMM (Automatic Market Maker).
As a reminder, an AMM refers to algorithms that enable trading to be managed autonomously.
On the other hand, Balancer is a decentralized exchange (DEX).
In concrete terms, the Balancer platform enables ERC-20 tokens to be exchanged decentrally via liquidity pools (shared or private).
As an AMM and DEX, the Balancer platform falls into the same category as Uniswap and its UNI token.
While the principle is similar, Balancer differs from the Uniswap DEX in two main ways:

• Liquidity pools can hold up to eight different tokens.
  The distribution between the tokens making up the balancer pool may vary.
• Transaction fees are predetermined by the creators of a private balancer pool.

The BAL token was launched very quickly after the platform’s launch.
It enables users to participate in the governance of the DEX Balancer, like the COMP token on Compound and the MKR token on MakerDAO.
By holding BAL tokens, users can participate in votes concerning the implementation of structural modifications.

Balancer is a promising crypto from several points of view.
As a DEX, Balancer is a protocol entering the high-potential DeFi sector.
With the scandals that have plagued centralized exchanges like FTX recently, DEXs have seen their stock rise.
What’s more, like all DeFi applications, Balancer can be used to generate passive income via trading or staking.
While competition between DEXs is fierce, the DeFi Balancer protocol offers a number of strategic advantages:

• Liquidity pools for up to 8 tokens;
• Token distribution ratios within the balancer pool may vary;
• Fees decided by the creators of the Balancer pool;
• A mechanism to reduce slippage costs.

A sign of dynamism, Balancer has a TVL of around $900 million and a daily transaction volume of between $30 and $100 million.

The choice of security: Coinhouse sets itself apart from many of its competitors by holding security in the highest regard.
The platform is committed to protecting your assets and securing all transactions carried out on the site. Clarity and ease of use: Coinhouse’s intuitive interface makes it easy for even the most novice crypto user to get to grips with the site.
A clear menu and coherent navigation make it a pleasure to use. Customer service in French: Finding it difficult to solve a problem in a foreign language?
Don’t worry, Coinhouse customer service answers all your questions in French! AMF-registered platform: To comply with current regulations, Coinhouse has obtained PSAN registration from the AMF.

1. Registration: To buy BAL on Coinhouse, you need to create an account.
   Registration is simple: just answer the standard questions about your name, address, investor profile and so on.
2. Verification: When it comes to money, security is a must!
   That’s why Coinhouse systematically verifies your identity before activating your account.
   To verify your identity, you need to take a selfie with an identity document in your hand.
3. Deposit funds: Once your account has been activated, you have the opportunity to deposit funds into your Coinhouse account.
   This money will allow you to purchase cryptocurrencies.
   You can deposit funds by card or bank transfer.
4. Buying BAL: There are two ways to buy Balancer tokens.
   The most direct way to buy BAL tokens is to pay in euros by clicking on “Buy”.
   The other way is to exchange your USDT or EURL for Balancer tokens (“Exchange” button).
5. Secure storage: Unlike fiat money, cryptos cannot be stored in a bank!
   For secure storage, you need to put your purchased BAL tokens on a wallet like the one offered by Coinhouse.

Selling your Balancer tokens is easy!
The “Sell” button is located directly on the Coinhouse home page.
After providing your bank account details, you will receive the funds within 1 to 3 working days.