Balanced is a finance hub based on the ICON Network. It provides users with a swapping-based decentralized Balanced crypto exchange. It does not require KYC verification. The current Balanced trade volume is featured above.
There is no Balanced spot market as it provides an exchange based on the swapping mechanism. Balanced trading pairs are all crypto-crypto. A Balanced exchange fee of 0.3% is applicable on all trades.
In addition to swapping, it allows users to earn rewards, deposit ICX tokens, mint and borrow Balanced dollars (bnUSD), and earn through supplying liquidity. Users can borrow from Balanced cryptocurrency exchange at a 0% interest rate. It also has a native token called BALN.
The founders of Balanced cryptocurrency exchange chose to remain anonymous.