How To Buy WAX Crypto?

How To Buy Wax Crypto. Article by StealthEX

If you are wondering how to buy WAX crypto, you have come to the right place. This article will also tell you what WAX Cloud Wallet is, and where to buy WAX coins, by the way, the best place is StealthEX. All this and much more in our new article. So let’s roll.

How To Buy Wax Crypto. Article by StealthEX

What Is WAX Crypto?

WAX crypto is a decentralized, open-source, purpose-built blockchain ecosystem, which was designed for e-commerce purposes. WAX aims to make e-commerce transactions more simple, convenient and safe. WAX operates on the DPoS (delegated proof-of-stake) consensus mechanism, which makes it fully compatible with EOS cryptocurrency. 

WAX blockchain was launched in 2017 by William Quigley and Jonathan Yantis. Even before WAX they both were experienced capitalists who worked for Disny, Idealab and OPSkins.

The WAX blockchain offers its users customizable tools and incentive mechanisms which were made in order to boost the performance of the blockchain and optimize it for e-commerce along with contributing to the voting mechanism. Among the tools are those which implement dApps to the blockchain and make possible the creation of NFTs.

What Is WAXP Coin?

WAXP is the native token of the WAX ecosystem. Nowadays WAXP is one of the TOP-150 cryptocurrencies by market capitalization.

Brief Overview Of WAX Cloud Wallet

WAX tokens can be kept in the WAX Cloud Wallet. It has intuitive navigation and is very easy to use and manage. WAX Wallet has an impressive speed of performance – it has a 500-millisecond block time. Moreover, there are no transaction fees for the customers. 

The voting mechanism implies rewards for users and improvement proposals, which are always taken into consideration.

What Makes WAX Blockchain Ecosystem Unique?

  1. Instant-payments system makes the trading process much easier. 
  2. The WAX ecosystem gives entrepreneurs, crypto-enthusiasts and basically everyone an opportunity to create their own digital assets. Later on, they can be used and manipulated in the crypto world or traded on virtual marketplaces.
  3. Being a WAX member allows you to earn rewards by taking part in completing transactions.
  4. Being not only a blockchain, but WAX also acts as a digital warehouse of all kinds of assets that are available for sale. The WAX users get the crypto-valuable benefits of the project, along with getting access to the global online market. 
  5. The DPoS consensus protects the network from corruption and any kind of blockchain-related risks. 

All in all, WAX is worth your attention.

Where To Buy WAX Coin?

To buy WAX token, it’s better to access StealthEX, a convenient and user-friendly cryptocurrency exchange. The process is private, and everyone can buy digital assets instantly without worrying about their safety. You can select more than 350 different cryptocurrencies with no need to provide many details.

How To Buy WAX Crypto?

If you want to buy WAX crypto right away – follow the instruction below: 

Just go to StealthEX and follow the instruction below. Let’s imagine you want to exchange BTC to WAXP. To make an exchange, you need to take a few simple steps:

First, you should choose Bitcoin in the left drop-down list. Then choose WAX coin in the right list of coins. 

After setting the pair it is necessary to enter the amount of BTC you want to exchange.

How To Buy Wax Crypto. Article by StealthEX

Here you will see the estimated amount of WAXP coin that you will receive after the exchange.

Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.

How To Buy Wax Crypto. Article by StealthEX Send to Exchange

As the second step, you need to provide the WAXP token recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.

As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.

How To Buy Wax Crypto. Article by StealthEX Confirmation Exchange

Here you can revise the address provided and the amount of WAX cryptocurrency you will receive. Don’t forget to read and check the Terms of Use and Privacy Policy box. Without checking the box you will not be able to continue the exchange. 

Pressing the NEXT button you will be redirected to the EXCHANGE page. 

At first, you will see the address where you need to send your BTC coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.

Exchange Statuses

After sending Bitcoin to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.

How To Buy Wax Crypto. Article by StealthEX Exchange Awaiting
  • The first status is Awaiting deposit.
  • The following status is Confirming. This means that StealthEX is confirming the transaction you made.
  • The next status is Exchanging. During this time the exchange is being made.
  • Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your WAXP coin.

Completion Of The Exchange

Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that WAXP was sent to your wallet you can also use the Output hash shown on this page and check it in the blockchain list of transactions.

From here you can either create a new exchange on StealthEX.io or leave the page and check your WAX wallet to be surprised at how fast you got WAX crypto. Usually, the process is quite rapid so you won’t need to wait long.

And by the way, don’t forget that now our users can purchase cryptocurrencies using fiat and we still offer the opportunity to buy crypto at fixed rates!

Follow us on MediumTwitterTelegramYouTube and Reddit to get StealthEX.io updates and the latest news about the crypto world.

We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via [email protected]

You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.

August 3, 2021

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