Waves can be purchased through a variety of channels, including typically centralized cryptocurrency exchanges, the Waves decentralized exchange (DEX), and even the Waves client. The following is a step-by-step guide to purchasing Waves tokens using the Waves Client.
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The Waves platform was founded in 2016 with the primary purpose of facilitating token customization, decentralizing blockchain technology even further, and allowing businesses to do their thing using a shared infrastructure. The infrastructure provides everyone with a straightforward way to access the blockchain.
To put it in context, Waves has published over 12,000 tokens, all of which are immediately tradable on the Waves DEX platform.
The blockchain used by Waves is a proof-of-stake mechanism that rewards coin holders with transaction commissions.
How to buy Waves crypto coin
Waves can be purchased in a variety of methods, including through standard centralized cryptocurrency exchanges, the Waves decentralized exchange (DEX), and even directly through the Waves client using fiat money, cryptocurrencies, or even a credit card via third-party partnerships.
The following is a step-by-step guide to purchasing Waves tokens using the Waves Client.
Create Waves Digital Wallet
As with all other cryptocurrencies, it is always advisable to use a wallet that has been recommended by the project website, because wallet compatibility and security levels vary, and the developers of particular blockchain technology will have considered or even developed their wallets during the development phase, as is the case with Waves.
The first step is to download the Online Client (Beta) from the Waves Platform website, which can be done by going to the Waves Platform and selecting the Get Waves option in the top right corner of the homepage.
The first step is to create an account, which may be done on the Waves Platform’s ‘Get Waves’ page by selecting Online Client (Beta).
Making some further acknowledgments and agreements is the final stage in the establishment of your Waves wallet.
Click ‘Confirm and Begin’ after checking the three boxes.
Buy Waves Coin
There are several options for purchasing Waves tokens now that you’ve built the wallet. Wave tokens can be acquired with US dollars, EUR, CNY, and a variety of cryptocurrencies on the Waves DEX, and the Waves wallet can hold Litecoin, Bitcoin, or Ethereum in addition to Waves coins.
To begin, select the deposit option to fund your Waves account with your preferred source of funds.
- If you want to deposit cryptocurrency to buy Waves coins, you’ll be given a wallet address to copy so you may transfer the cryptocurrency from the wallet where it’s stored.
- When depositing fiat money, you must go through the SEPA verification process. Select ‘Get verified’ and fill out all of the required personal information.
Buying Waves with Bitcoin
A step-by-step tutorial on buying Waves with Bitcoin on the Waves Decentralized Exchange is outlined below:
Those who already have Bitcoin ( or Ethereum or Litecoin) can skip the next several stages.
- Purchase Bitcoin: If you don’t already have Bitcoin, you’ll need to create an account on Binance and buy some.
- Transfer Bitcoin to your Wave Wallet: After you’ve created an account and purchased Bitcoin on Binance, transfer your Bitcoins to your Waves wallet.
- Enter the Purchase Amount: In addition to the address, you will be asked to enter the amount of Bitcoin to be transmitted during the withdrawal procedure.
- Purchase Waves with Bitcoins: Once the coins have arrived in your Waves Wallet, you can use the Bitcoins in your Waves Wallet to purchase Waves coins directly on the Waves DEX platform.
Waves tokens are available on a variety of centralized cryptocurrency exchanges, including Binance, YOBit.net, and EXMO, for individuals wishing to buy them elsewhere.
The availability of a platform that enables the creation of tokens without the need for coding and distribution, as well as streamlining the ICO process, is important to entrepreneurs, as seen by the 12,474 tokens published on the Waves platform to date, with a market cap of more than $1 billion.
Waves have many positive features, but perhaps the most appealing is its one-stop-shop offering, which includes not only a launching pad for entrepreneurs and a multi-cryptocurrency wallet for Waves coin holders but also a decentralized exchange that allows instant trading of cryptocurrencies at competitive rates with no transaction limit.
Waves’ present rating of 23rd, with a market capitalization of $396.26 million, does not reflect its real-world features that help entrepreneurs, companies, developers, and traders eager to get into the blockchain game.