BAL (Balancer)

Balancer is a defi protocol for AMM (Automated Market Making) that can be used to program liquidity.

How to buy BAL (Balancer) on Huobi?

Follow the easy 4 steps below to buy BAL (Balancer) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and BAL (Balancer) derivatives trading.

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What is BAL (Balancer)?

Balancer is an AMM (Automated Market Making) protocol for programmable liquidity.

It allows for the creation of flexible liquidity pools that are constantly self-adjusting.

These liquidity pools can contain multiple tokens of varying weights, as well as customizable transaction fees.

A Balancer pool can be thought of as an index fund in which liquidity providers are paid without having to pay maintenance fees like in traditional finance.

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