How and Where to Buy WAX (WAXP) — An Easy Step by Step Guide

https://cryptobuyingtips.com/guides/how-to-buy-wax-waxp

About WAXP

What Is WAX (WAXP)?

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

Who Are the Founders of WAX?

WAX was co-founded by William Quigley and Jonathan Yantis.

What Makes WAX Unique?

WAX features a WAXP-to-Ethereum (ETH) bridge that allows WAXP token holders to convert their tokens into WAXE, which is an Ethereum-based ERC20 utility token.

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How Many WAX (WAXP) Coins Are There in Circulation?

WAX (WAXP) has a circulating supply of 1,513,825,734 tokens as of February 2021 and a maximum supply of 3,770,303,327 WAXP.

How Is the WAX Network Secured?

WAX network’s DPoS consensus is secure against the corruption of a significant minority or producers. Token holders can select WAX guilds by voting in a continuous approval system. They can get an opportunity to produce blocks and token holders can persuade other token holders to vote for them.

Where Can You Buy WAX (WAXP)?

If you are interested in buying WAX (WAXP), it can be done on several exchanges, including the following:

  • Upbit
  • HitBTC
  • Bithumb
  • Bitfinex

Step 1: Register on Coinbase

WAXP
WAXP

Step 2: Buy coins with fiat money

WAXP
WAXP

Step 3: Transfer your cryptos to an Altcoin Exchange

But we are not done yet, since WAXP is an altcoin we need to transfer our coins to an exchange that WAXP can be traded, here we will use Huobi Global as our exchange. Huobi Global is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

WAXP
WAXP

Step 4: Deposit BTC to exchange

WAXP
WAXP
WAXP
WAXP
WAXP
WAXP
WAXP
WAXP

Step 5: Trade WAXP

WAXP
WAXP
WAXP
WAXP

Other Exchanges To Buy

You can also buy from these exchanges:

Gate.io

WAXP
WAXP

Binance

WAXP
WAXP

Last Step: Store WAXP securely in hardware wallets

Ledger Nano S
Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

Other useful tools for trading WAXP

Encrypted Secure Connection

NordVPN

Surfshark

CryptoTrader.Tax

Crypto Ultimatum

BitMEX

Frequently Asked Questions

Can I buy WAXP with cash?

There is no direct way to buy WAXP with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

Are there any quick ways to buy WAXP in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

Are there any alternative platforms to buy WAXP or Bitcoin with credit cards?

Yes. Changelly is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

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