Buy Balancer

Balancer Protocol is an automated market maker (AMM) protocol built on Ethereum. It facilitates trades as a decentralized exchange, and supports liquidity providers by allowing anyone to create and supply trading pools.

Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.

1. Sign Up

Create a free account with which you can buy, sell, send, receive and store Balancer. Access your Bitvavo account from every location, on mobile and desktop.

2. Transfer Funds

Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.

3. Buy and Trade

Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.

Storing Balancer and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Balancer without any technical knowledge. Here is a brief overview of the existing wallet options to store your Balancer:

Hosted Wallet

Hosted wallets are wallets where the private keys to your Balancer are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Balancer online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.

Software wallet

A software wallet is a program installed on your computer or other device in order to use and manage your Balancer. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Balancer, and if malicious parties have access to your device, your private keys (and therefore your Balancer) can be stolen.

Hardware wallet

A hardware wallet is a physical device on which you can store your Balancer offline. It is one of the safest ways to store your Balancer, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Balancer is stored.

You can use Bitvavo's hosted wallet to easily store, send and receive Balancer. Once you have purchased Balancer on Bitvavo, you can choose to send your Balancer from your Bitvavo wallet to your own software or hardware wallet.