About us

How to buy Balancer token with credit card

Want to buy BAL, but don't know how to get started? Follow these easy steps! All you need is an email address and a credit card.

Ondefy offers the fastest way to buy Balancer

Follow these steps to get started:

1. Enter Amount

2. Connect your email or wallet

3. Pay by credit card or bank transfer

What is Balancer?

Introducing Balancer, the non-custodial portfolio manager, liquidity provider, and price sensor. Balancer Protocol Governance Token (BAL) is distributed to Liquidity Providers of Balancer, allowing for decentralization of the protocol's governance and resilience over time. BALs are allocated at a rate of 145,000 per week, or approximately 7.5M per year, with an initial supply of 25M tokens. This high rate of supply inflation is designed to kickstart the distribution of governance rights of the protocol to those who earn it.

How do I buy Balancer in 2024?

You can buy Balancer using credit card (Visa or MasterCard), bank transfer, Apple Pay or Google Pay. All you need to do is to choose a fiat currency, e.g. CHF, and enter an amount. A conversion rate is calculated for you. Once you are happy with the rate, tap the "Continue" button to get started. At this point, you will need to connect your email or wallet (if you are buying crypto for the first time, it will be easier for you to use your email, but Metamask and WalletConnect are also supported). Depending on wether Balancer is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Balancer for you. In this case, you will first need to sign a permit in order to allow us to perform this swap on your behalf. Finally, you will be able to choose your payment method, and finalise your purchase. If this is your first time buying with Ondefy, you will need to complete a short KYC (Known Your Customer) verification.

Is it safe to buy Balancer?

Your payment processing is securely handled by our partner Transak, and your purchased Balancer tokens benefit from the security of the blockchain. Nevertheless, as an investor you must assume the risk of owning cryptocurrencies, due to their inherent price volatility.