Balancer

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Unverified company
balancer.fi
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Decentralized exchange with automatic market maker protocol. The project is distinguished by its autonomy, the number of available tokens and audited security.
Cryptocurrency exchange
Website
Social media
Date of foundation
2020
Head Office
Roosikrantsi Street 2-1200 Tallinn, 10119 Estonia
Types of support
Live Chat
Twitter
Discord
Languages
English
The owner of the company
Balancer Labs
Minimum entry amount
Verified
Cryptocurrency
  • Not included in the functionality
Fiat
Not available
Unverified
Cryptocurrency
  • Not included in the functionality
Fiat
Not available
Maximum input amount
Verified
Cryptocurrency
  • Not included in the functionality
Fiat
Not available
Unverified
Cryptocurrency
  • Not included in the functionality
Fiat
Not available
Minimum withdrawal amount
Verified
Cryptocurrency
  • No restrictions are set
Fiat
Not available
Unverified
Cryptocurrency
  • No restrictions are set
Fiat
Not available
Maximum withdrawal amount
Verified
Cryptocurrency
  • No restrictions are set
Fiat
Not available
Unverified
Cryptocurrency
  • No restrictions are set
Fiat
Not available
Exchange Commission
Swap fees: To 10 %
Withdrawal fee: 0.00035 WBTC / For withdrawal to an external purse
Terminals
Author's platform
Age restrictions
From 18 years
Trading volume per day
27640918 USD
Number of cryptocurrencies
70+2000+ with external network connection
Margin Trading
No
Tokenized assets
No
Free Demo Account
No
Types of accounts
Execution of orders
Automated Market Makers
Withdrawal methods
Cryptocurrencies
Account currencies
ETH, BAL
Types of cryptocurrencies
ETH, USDC, BAT, wNXM, PERP, WBTC, UNI
Mobile applications
No mobile apps
Trader training
Only technical documentation of projects and internal exchange forum
A way to store cryptocurrencies
Cold: no
Hot: yes
Fiat accounts
No
Scalping
No
Stop Loss and Take Profit Function
No
Exchangeability for fiat currencies
No
Steaking
Only dynamic swap fee
Basic verification
Only connecting an external wallet and signature verification
Extended AML verification
Regulatory laws
Estonian Financial Supervision and Resolution Authority (FSA)
API
Affiliate Program
No
Benefits
Ability to invest assets
Variety of cryptocurrencies available
No additional fees
High level of security
Open technical documentation and audit information
Disadvantages
You can't buy cryptocurrency
Does not support work with fiat currency
Insufficient functionality of the platform
Limited to ERC-20 tokens only
Company requisites
Overall assessment
3.5/10
Date of update
27.04.2022

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