How to buy WAX | Buy WAX in four easy steps

how to buy wax

How to buy WAX (WAXP) in four easy steps?

WAX (WAXP) is a blockchain platform that is designed to facilitate fast, secure, and easy e-commerce transactions for digital collectibles and non-fungible tokens (NFTs). It was launched in 2017 and is fully compatible with EOS. The platform is built to enable the creation and trading of virtual items, including gaming assets and other digital collectibles. 

Are you interested in buying WAX (WAXP) and exploring its potential profitability? Discover the step-by-step guide on how to buy WAX (WAXP) with ease and determine if it’s worth your investment. Uncover the secrets to maximizing your gains in this comprehensive guide on purchasing WAX (WAXP) today!

To buy WAX, follow this step-by-step instruction:

Step 1 - Compare crypto exchanges that support WAXP

Before you can buy WAXP, you need to find a reliable and secure crypto exchange that offers this token. You can compare different factors such as reputation, security, fees, customer support, and payment methods among various exchanges. Some of the popular options are Binance, Upbit, Deepcoin, and CryptoWallet.com

Step 2 - Create an account and connect your wallet to the exchange

Once you have chosen an exchange, you need to register an account and verify your identity. This may require you to provide some personal information and documents, such as your name, email address, phone number, and ID. You may also need to set up a crypto wallet to store your WAXP tokens safely. 

Step 3 - Deposit funds into your account

After creating an account and a wallet, you need to deposit some funds into your exchange account. You can use fiat currency (such as USD or EUR) or cryptocurrency (such as BTC or ETH) depending on the payment methods available on the exchange. You can use a credit card, debit card, bank transfer, or other options to fund your account.

Step 4 - Buy WAXP with your preferred currency

The final step is to buy WAXP with the currency you have deposited. You need to find the trading pair for WAXP and the currency you want to use (such as WAXP/BTC or WAXP/ETH) and place a buy order. Once your order is confirmed, you will receive your WAXP tokens in your exchange account or wallet.

Popular Video Guides on Buying WAX (WAXP)

Where to buy WAX (WAXP)?

Binance is a popular cryptocurrency exchange that enables users to easily buy, sell, and trade various digital assets. WAX can be purchased with fiat currencies or stablecoins via credit card, debit card, or bank transfer on Binance. Users can also buy WAX with other cryptocurrencies on the spot or futures market.

Factsheet
Header 1Header 1
Operational Since2017
Weekly Average Transaction Volume$106 Billion
Deposit MethodsCredit card, debit card, bank transfer, cryptocurrency
Deposit FeesVaries depending on the payment method and currency
Cryptos Listed350+
Trading Fees0.1% or lower depending on the trading volume and BNB holdings
Fiat Currencies Supported50+ including USD, EUR, CNY, AUD, INR, RUB
TrustworthinessSafe and reliable

KuCoin is a secure cryptocurrency exchange that allows users to buy, sell, and trade Bitcoin, Ethereum, and over 700 altcoins, including WAX (WAXP). To buy WAXP on KuCoin, users need to create an account, deposit or buy cryptocurrency, and trade WAXP on the spot or margin market using WAXP/USDT or WAXP/BTC trading pairs.

Factsheet
Header 1Header 1
Operational Since2017
Weekly Average Transaction Volume$2.5 Billion
Deposit MethodsCredit/debit card, bank transfer, P2P, cryptocurrency
Deposit FeesVaries depending on the method and currency
Cryptos Listed700+
Trading Fees0.1% for spot trading, 0.06% for futures trading
Fiat Currencies SupportedOver 50, including USD, EUR, GBP, AUD, CAD, CNY, INR, JPY, KRW
TrustworthinessSafe and reliable

OKX is a global cryptocurrency exchange that provides a wide range of trading options, including spot, futures, perpetual swap, and options trading for various digital assets, such as Bitcoin, Ethereum, and WAX. OKX serves millions of users in over 100 countries and is one of the leading crypto exchanges by trading volume.

Factsheet
Header 1Header 1
Operational Since2017
Weekly Average Transaction Volume$8.5 billion
Deposit MethodsFiat currency, stablecoins, cryptocurrencies
Deposit FeesVaries depending on the method and currency
Cryptos Listed400+
Trading Fees0.1% for makers and takers, lower for OKB holders and VIP users
Fiat Currencies SupportedUSD, EUR, GBP, KRW, RUB, TRY, VND, INR, and more
TrustworthinessSafe and reliable

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Frequently Asked Questions

What factors should I consider before buying WAX (WAXP)?

Before buying WAX (WAXP), you may want to consider factors such as the current price and market cap, supply and demand, performance and potential, and risks and challenges. The current price of WAX (WAXP) as on May 2023 is $0.065618 per token, with a market cap of $176.9 million. The total supply of WAX (WAXP) is 3.8 billion, and the demand may depend on the popularity and growth of the NFT and P2E gaming markets, as well as the adoption and innovation of the WAX blockchain platform.

Where should I keep my WAX (WAXP)?

There are several options available for keeping your WAX (WAXP) tokens, including the WAX Cloud Wallet, hardware wallets like the Ledger Nano S and Ledger Nano X2, and software wallets such as Anchor Wallet, Scatter Wallet, and Lynx Wallet. The WAX Cloud Wallet is the official wallet of the WAX blockchain and provides a simple, secure, and global way to create and manage your account. Hardware wallets offer a high level of security by storing your private keys offline, while software wallets allow you to store, send, and receive WAX (WAXP) tokens and interact with dApps and smart contracts on the WAX blockchain.

How does the price of WAX (WAXP) compare to other cryptocurrencies?

The current market capitalization of WAX (WAXP) is $176.9 million, making it the 199th most valuable cryptocurrency. In comparison, Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are the top three cryptocurrencies by market cap, with values of $1.1 trillion, $491.7 billion, and $90.7 billion, respectively. The current price of WAX (WAXP) is $0.065618, which is lower than its all-time high of $5.0122 on December 21, 2017. Additionally, the price of WAX (WAXP) is lower than the average price of other NFT cryptocurrencies, which is $0.1019 as of today. 

Is buying WAX (WAXP) a good investment?

Buying WAX (WAXP) could be a good investment if you believe in the potential and vision of the WAX blockchain and its ecosystem. WAX (WAXP) is a blockchain that offers several advantages, such as a fast and scalable blockchain, a user-friendly and secure wallet, blockchain-based tools, and a patented technology called vIRL NFTs. Additionally, WAX (WAXP) is one of the leading blockchains in the NFT and P2E gaming sectors, featuring more top 10 games than any other blockchain and hosting some of the top NFT collections.

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