How to buy Balancer in Canada

Newton makes it fast and easy to buy, sell and hold 70+ cryptocurrencies in Canada.

What is Balancer (bal)?

BAL is the governance token for the Balancer Protocol. This exciting new player in the DeFi ecosystem is an automated market maker (AMM) that enables users to contribute liquidity to customizable pools and earn profits. The Balancer protocol operates as a self-balancing portfolio, effectively mimicking the function of an index fund by controlling risk exposure through asset reallocation.

Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.

Where do I buy Balancer?

Here's how to buy Balancer in Canada.

Direct Purchase

You can buy cryptocurrency online, or send and receive it directly from another individual in person or over the web.

Via a regulated Brokerage or Exchange

Many people find it easier to purchase Balancer through a trading platorm like Newton.

Why Newton?

Newton offers a dead-simple way to buy and sell cryptocurrency in Canada at prices that most other platforms simply cannot afford to compete with.

Where do I buy Balancer in Canada.

Here's how to buy Balancer in Canada

1

Sign-up in Canada for an account.

Create an account and add funds or choose an amount of your currency to trade.
2

Trade fiat or crypto for stablecoin.

Trade your chosen currency into a stablecoin.
3

Send to your desired exchange.

Find an exchange that offers bal, then transfer your crypto to that exchange.
4

Initiate purchase and you're done.

Go through the steps to purchase, and that's it.

Why use stablecoins when transferring to an exchange?

Because stablecoins are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.

It's easy to get started

Buy & Sell Balancer quickly on your phone or computer.

1

Create an account.

Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!

2

Fund your account.

Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.

3

Start buying.

You can start buying and selling crypto quickly and easily right away on your phone or on web browser.

Why you'll love trading Balancer on Newton.

Newton is Canada's low-cost cryptocurrency trading platform with transparent prices and tight spreads. We offer high liquidity and institutional-grade third party custody for your digital assets.

Some of the best prices in Canada.

On average our prices are 0.5–0.7% above spot at volumes of up to 3 BTC. This makes our overall price 3x lower than a leading competitor who charges approximately 2.25% in spread + fees.

World-class security.

Newton uses machine learning to detect and prevent account takeover attempts, a common form of cryptocurrency fraud.

Low-cost and no-commissions.

Trading and funding your account is absolutely free. Transfer cryptocurrency to and from your account at no cost (we cover up to the first $5 in network fees).

Unique & functional design.

We take a first principles approach to design, resulting in an easy-to-use experience that is unlike any other exchange.

Works on any device.

Get started on your web browser, or download the Newton app for Android and iOS to take control of your crypto on-the-go.

Proudly Canadian.

We want cryptocurrency to be taken seriously, so we go above and beyond to make sure we're compliant with current and anticipated Canadian regulations.

Where do I keep my Balancer?

After you've purchased crypto, the next step is to find the best way to secure it.

Wallets are often considered to offer some of the best security for your cryptocurrency. While you have the option of keeping your assets on Newton, Newton is primarily a low-fee cryptocurrency trading platform, and not a wallet service.

While we have institutional third-party custody to keep customers' digital assets safe, many individuals who buy cryptocurrency consider transferring a portion of holdings to external wallets for personal custody.

What can you do with my Balancer?

Explore a variety of uses, options and processes.

Earn profits through staking

Users can create their own pools (private and public)

Pools can support up to eight ERC20 tokens

Start buying Balancer in minutes.

Get started with as little as $10 CAD.