Namaste Tribe! Balancer (BAL) is listed on WazirX and you can buy, sell, trade BAL in our USDT market.
BAL/USDT trading is live on WazirX! Share this
BAL is a part of our Rapid Listing Initiative. Hence, we have started BAL trading without enabling its deposits and withdrawals. What does it mean for you?
Don’t worry, you’ll be able to deposit/withdraw BAL on WazirX very soon. Read more about the Rapid Listing Initiative here.
Balancer is an automated market maker, decentralized exchange and liquidity pool protocol built on Ethereum that allows users to provide liquidity for multiple assets simultaneously. Improving on the idea of liquidity pools pioneered by Uniswap and Bancor, Balancer allows for custom ratios of assets for each pool, instead of just 50-50 of each asset. Each pool can set its own customized trading fee, which rewards liquidity providers who bear the risk of impermanent loss due to fluctuations in value of the assets they hold in the pool.
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Happy Trading!
The post Buy, Sell, Trade Balancer (BAL) on WazirX appeared first on WazirX Blog.
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