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Convert
Israeli New Shekel (ILS) to Balancer (BAL) Instantly

ILS ILS
BAL BAL
Buy Balancer (BAL)

Purchase Balancer (BAL) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.

About
Balancer (BAL)

Balancer (BAL) is a core piece of decentralized finance (DeFi) infrastructure, functioning as a highly flexible automated market maker (AMM) and liquidity protocol. Unlike traditional AMMs that often require 50/50 asset pairs, Balancer's key innovation is its use of customizable, multi-token liquidity pools, also known as smart pools. This allows anyone to create self-balancing portfolios or decentralized index funds where assets are held in specific, weighted proportions. This design not only provides deep, programmable liquidity for traders but also creates arbitrage opportunities that drive the pools back to their intended weighting, effectively automating portfolio management for liquidity providers on its decentralized network.

The protocol's evolution to Balancer V2 introduced a groundbreaking single Vault architecture. This design separates the AMM logic from the token management and accounting, massively improving gas efficiency and capital efficiency. All trades within the Balancer ecosystem are routed through this single Vault, enabling complex multi-hop trades to be executed with significantly lower transaction costs. The native digital asset of the protocol, BAL, serves as a critical governance token. Holders of the BAL utility token can participate in on-chain governance, voting on protocol upgrades, fee changes, and directing the allocation of liquidity mining rewards, thereby shaping the future of this essential Web3 infrastructure.

Balancer (BAL)

How to Buy Balancer (BAL)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose ILS to BAL Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Balancer Wallet Address

    Provide your BAL wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Balancer

    Complete the payment, and your BAL will be sent to your wallet.

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LUNA
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MKR
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ALICE
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SXP
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XTZ
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GRT
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SAND
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TFUEL
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THETA
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TONCOIN
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Frequently asked questions

  • What exactly is the ILS/BAL trading pair?

    The ILS/BAL pair represents a direct fiat on-ramp for purchasing Balancer (BAL), an ERC-20 governance token for the Balancer automated market maker (AMM) protocol, using the Israeli Shekel (ILS). This digital asset purchase allows you to acquire a stake in a key DeFi portfolio management tool directly with your local currency through a cryptocurrency exchange.

  • What are common methods to buy BAL tokens with ILS?

    While direct ILS/BAL pairs can be rare, the common process involves using a regulated cryptocurrency exchange that accepts ILS deposits. Typically, you would deposit ILS via a bank transfer or credit/debit card, convert it to a major cryptocurrency like ETH or BTC, and then trade that for BAL on the exchange's order book. Always check for KYC/AML compliance on the platform.

  • What is the primary function of BAL in the Balancer Protocol?

    BAL is the governance token for the Balancer Protocol, a leading DeFi automated market maker. Holding BAL grants users voting rights on proposals that shape the protocol's future, such as changes to protocol fees or the introduction of new weighted pools. It aligns incentives between the protocol's users, liquidity providers, and its long-term development.

  • What type of digital wallet is needed to securely store BAL tokens?

    Since BAL is an ERC-20 token on the Ethereum blockchain, you need an Ethereum-compatible digital wallet for secure storage. For maximum security of your digital assets, a hardware wallet (like Ledger or Trezor) is highly recommended as it keeps your private keys offline. Software wallets like MetaMask are also popular for interacting with the Balancer protocol and other dApps.

  • What fees are involved when purchasing BAL with ILS?

    Several fees can apply. First, there's the fiat deposit fee for getting ILS onto the exchange via bank transfer or card. Second, the exchange will charge a trading fee (maker/taker) for the ILS-to-crypto transaction. Finally, when you withdraw your BAL tokens to a private digital wallet, you must pay an Ethereum network gas fee, which is variable and paid in Gwei depending on network congestion.
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