BAL to BTC conversion chart
Balancer to Bitcoin correlation
According to the correlation analysis, BAL and BTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of BAL then BTC also tends to follow the same pattern and move together.
BAL Price Change and Market Cap
Currently, the BAL price is 0.000023 BTC. From the Balancer price chart, we can see that the 24-hour change is -4.71%. The total market capitalization of Balancer is $0 with a circulation supply of 0.03784 BAL. In the previous 24 hours, the Balancer price hit highs of 0.0000239 BTC and lows of 0.00002225 BTC.
Balancer price prediction
Balancer reached its historic maximum price $74.77 on May 4, 2021 and a minimum price $3.65 on June 18, 2022. At the moment, the BAL price today is 0.00002306 BTC.
In 2022, the BAL price forecast is $7.24 maximum. By 2025, BAL is predicted to reach $22.78 US dollars. A 2030 price prediction for BAL gives a target of $159.39.
Balancer Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Balancer, track live BAL prices and also swap it through ChangeHero without leaving your wallet application.
BAL to BTC exchange margin
The closing conversion rate for BAL to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BAL to BTC would result in an output of 0.000023 BTC.
How to convert Balancer to Bitcoin
Balancer and Bitcoin comparison
BAL is a governance token of Balancer, a DeFi Automated Market Maker (AMM) system. Its unique feature allows users to add up to eight different assets into the pool instead of the traditional two with custom ratios. Launched in 2020, BAL is considered to be among the very first governance tokens in DeFi. The platform also gives an opportunity to earn more BAL by staking.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Balancer?
The Balancer protocol is powered by an automatic market maker, making a Balancer liquidity pool a sort of a self-rebalancing portfolio. To give even more incentives to liquidity providers, in 2020 the governance token BAL was introduced to the protocol.
Balancer to Bitcoin price details
BAL to BTC Conversion Rate and Price
At the moment, the conversion rate for 1 Balancer equals 0.000023 BTC. The 24-hour highest price of BAL in relation to BTC was 0.0000239 BTC and the lowest was 0.00002225 BTC. In short, the BAL price in relation to BTC changed by -4.71%.
Instantly Exchange BAL to BTC
On ChangeHero you can instantly exchange Balancer for Bitcoin without signup. You can easily convert BAL to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your BAL to BTC exchange.
BAL to BTC Best Rate Exchange
For the Best Rate exchange of Balancer to Bitcoin, we search through various exchanges for the BAL to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the BAL is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BAL to BTC.
BAL to BTC Fixed Rate Conversion
For the Fixed Rate exchange of Balancer to Bitcoin, ChangeHero finds a good rate for the pair BAL to BTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of BAL to BTC, you will receive the exact amount of BTC shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange BAL to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BAL to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BAL to BTC?
No, you do not need an account to swap BAL to BTC on ChangeHero. There will be no registrations for your Balancer to Bitcoin transaction.
Do I need to go through KYC procedures for BAL to BTC exchange?
There will be no KYC for the BAL to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to BAL?
Yes, you can instantly exchange BTC to BAL on ChangeHero.