New Listing on CoinEx: $BAL

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CoinEx will list BAL and support deposit on July 30, 2020 (UTC). And its trading pairs BAL/BTC, BAL/USDT, BAL/ETH will be available on the same day.

Balancer is an automated portfolio manager, liquidity provider, and price sensor. Balancer turns the concept of an index fund on its head: instead of a paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities. Balancer is based on an N-dimensional invariant surface which is a generalization of the constant product formula described by Vitalik Buterin and proven viable by the popular Uniswap dapp.

Details: https://announcement.coinex.com/hc/en-us/articles/360047034031

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