Balancer Review 2021

Balancer is a decentralised crypto exchange with a focus on liquidity provision and smart contract pools.

Balancer is broker that gives traders access to Cryptocurrency. Surprisingly, Balancer does not support either of the enormously popular MetaTrader platforms (4 and 5).

Cryptocurrency traders will have lots of options at Balancer, with 64 different coins to trade: WETH, BAL, USDC, DAI, WBTC, USDT, mUSD, MKR, PERP, YFI, wNXM, UMA, LINK, renBTC, BZRX, SRM, AAVE, UNI, DOUGH, COMP, RPL, PNK, BTC++, USD++, DEFI+S, DEFI+L, SNX, sUSD, sBTC, REN, BAT, ZRX, imBTC, pBTC, AST, LRC, KNC, OCEAN, MTA, CRV, LPT, REPv2, TBTC, GUSD, AMPL, RLY, ANT, Nsure, GNO, NEC, PRIME, DEFI++, COMBO, IDLE, RAD, MPL, staBAL3, LDO, stETH, wstETH, wDGLD, EURS, VITA and EGL.

Please note that Balancer is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

Balancer Summary

Balancer is a decentralised crypto exchange with a focus on liquidity provision and smart contract pools.

Ratings

20%
Trust
16%
Instruments
0%
Features
BonusNone
InstrumentsCrypto
Demo Account
Min. Deposit$1
Min. Trade$1
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

Balancer supports crypto investment and trading in a range of tokens on the exchange's sleek online platform.

SpreadN/A
CoinsWETH, BAL, USDC, DAI, WBTC, USDT, mUSD, MKR, PERP, YFI, wNXM, UMA, LINK, renBTC, BZRX, SRM, AAVE, UNI, DOUGH, COMP, RPL, PNK, BTC++, USD++, DEFI+S, DEFI+L, SNX, sUSD, sBTC, REN, BAT, ZRX, imBTC, pBTC, AST, LRC, KNC, OCEAN, MTA, CRV, LPT, REPv2, TBTC, GUSD, AMPL, RLY, ANT, Nsure, GNO, NEC, PRIME, DEFI++, COMBO, IDLE, RAD, MPL, staBAL3, LDO, stETH, wstETH, wDGLD, EURS, VITA, EGL

Payment Methods

Balancer accepts the following payment methods:

  • Bitcoin Payments
Risk Warning – Your capital is at risk

FAQ

Is Balancer Safe?

In our review we gave Balancer a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that Balancer is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Balancer Accept PayPal?

No, Balancer does not accept PayPal payments.

Is Balancer Halal?

Probably not, as Balancer does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Balancer Regulated?

No, unfortunately Balancer is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

Balancer vs Other Brokers

If you want to compare Balancer with other brokers, use the detailed comparisons below.

Balancer vs
Balancer is a decentralised crypto exchange with a focus on liquidity provision and smart contract pools.