How and Where to Buy WAX Crypto? The Complete Guide
The WAX project was launched in 2017 with the idea to make e-commerce transactions faster, simpler and safer. Nowadays WAX is the world’s biggest blockchain-based platform for dApps, NFTs, and video games. Want to discover more about the WAXP coin? Looking for the best way to buy WAX crypto? Keep reading the new StealthEX article and find all the answers to all your questions.
WAX stands for the Worldwide Asset eXchange. The project was co-founded by William Quigley and Jonathan Yantis. It is a peer-to-peer trading platform designed exclusively for the exchange or sale of computer game items. All transactions are processed by smart contracts so financial risks are completely eliminated. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism that is completely compatible with EOS.
WAX is a groundbreaking virtual marketplace that enables the exchange of digital assets in a decentralized environment. The project has its own token called WAXP that allows users to tokenize items and easily transact with each other.
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Where to Buy Wax Crypto?
The easiest and safest way to get WAXP coins is to use the StealthEX crypto exchange platform. It supports more than 400 different crypto and fiat currencies and offers great exchange rates.
How to Buy Wax Crypto?
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.
Here you will see the estimated amount of WAX token 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.
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.
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 BTC coins 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.
- 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.
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 coin wallet to be surprised at how fast you got WAXP crypto. Usually, the process is quite rapid so you won’t need to wait long.
What Makes Wax Coin Different?
We can distinguish the following advantages of the WAX project that help WAX crypto to stand out among the other similar projects.
- WAX has created a complete set of blockchain-based tools (WAX Blockchain, digital wallet, marketplace, a platform for developers, and so on) that enable anyone to instantly and securely sell digital or even physical items.
- WAX platform users have the access to a global community of collectors and merchants, buyers and sellers, creators and players, dApp creators, and game developers.
- WAX marketplace helps users to sell and buy gift cards or even create an online store using B2B tools.
- The project is eco-friendly. Its delegated proof of stake mechanism is 125,000x more energy-efficient than Bitcoin and Ethereum.
Wax Coin Price Prediction
During the ICO on November 29, 2017, the WAX Team raised $9.6 million. The WAXP tokens were sold for 32 cents each. But already in December, the WAXP coin price skyrocketed to its all-time high level of $5.01 per coin.
But what about the future price predictions for WAX crypto? Let’s check out the experts’ opinions.
WalletInvestors.com thinks that WAXP is a good long-term investment with an earning potential is +250% in five years. By the beginning of 2022 WAXP coin price is estimated to be around the level of $0.52, while in 2025 its price could reach $1.79.
Analytics from Digitalcoinprice.com also agrees that WAX price will increase in the future. In five years WAXP price could be up to $1.81 per coin.
Experts from Tradingbeasts.com forecast that the WAX price is going to increase and in 2024 WAXP coin will be worth $0.94.
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!
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