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Balancer (BAL)

On 10/02/2020 , customers in qualifying countries can send, and receive BAL on Coinbase.com and Coinbase Pro. On  10/06/2020 full trading is available for Pro and 10/07/2020 for Coinbase.com.

What is BAL? 

Balancer ($BAL) is an automatic market maker (AMM) protocol that reduces the cost and slippage between trades of different cryptocurrencies. Balancer is a decentralized replacement for the traditional market-maker, a 3rd party entity that provides liquidity to traded assets. 

This decentralized exchange has a number of tokens available to trade.  These include: Ethereum (ETH), DAI, MKR, USDC, REP, BTC++, WBTC, WETH, BAT, SNX, ZRX, LINK, DZAR, UMA, LRC, REN, LEND, KNC, COMP, OCEAN. The Exchange also has a number of tokens without pools such as tBTC, ANT, cUSDC, cDAI, imBTC, pBTC, sBTC, sUSD, PNK, AST and RPL.

What countries support BAL?

For a full list of countries that support BAL, please see our Supported Cryptocurrencies help article. 

Is full trading available for BAL? 

Full trading is available on 10/06/2020 for Pro and 10/07/2020 for Coinbase.com.

How many confirmations are needed for BAL?

BAL requires 35 network confirmations. 

 

 

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