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How & Where to Buy Wanchain A Step-by-Step Guide to Buying WAN

  1. Sign up at CoinSwitch, the #1 rated WAN exchange.
  2. Fund your account with cash or crypto.
  3. Buy WanchainWAN
  1. STEP 1Find the Best WAN Exchange
    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Wanchain WanchainWAN quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy WAN with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for WAN.

Frequently Asked Questions About Buying & Selling Wanchain (WAN)

How do I Buy WAN with Crypto?

If you want to buy WAN with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Wanchain (WAN)?

To sell WAN, simply reverse the buying process described above. You will likely need to trade your WanchainWAN into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Wanchain Research Center

Wanchain Technical Details & Statistics

  • Market Rank290
  • Market Cap156,107,529
  • Circulating Supply193,685,157
  • Total Supply193,685,157 WAN
  • Max Supply210,000,000
Yesterday's Trading
  • 24 HR Volume4,879,506 USD
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What is Wanchain?

Wanchain started as an Ethereum-based token that aimed to create a “new distributed financial infrastructure” by connecting different blockchain networks together. The Wanchain development team seeks to accomplish this by creating their own blockchain that implements a series of cross-chain smart contracts, used to determine a fair value of different coins, allowing for the seamless, cost-minimized exchange of one coin or token for another.

Wanchain places a heavy emphasis on the “digitization of assets,” which can be traded using the platform’s built-in Decentralized Exchange (DEX). In this manner, Wanchain follows in the steps of asset creation and management platforms like NXT, Counterparty, Bitshares and Ethereum. Unlike its predecessors, it offers the ability to communicate with outside data systems and blockchains. Their novel advancements in blockchain technology will theoretically create an expanded, all-inclusive ecosystem of digitized assets, in an ambitious attempt to link disparate, closed-system digital economies around the world.

History of Wanchain

The idea for Wanchain was hatched by Factom (FCT) founder and blockchain expert Jack Lu, in 2016. Lu compiled a team of computer science and technical experts from around the world to assemble the Wanchain Team in 2017, which consists of over a dozen veteran members. Their mission was to create a “one-stop shop” cryptocurrency platform through which digital assets of all types could be traded through a cross blockchain-talk system. As of April 2018, Ethereum WAN tokens could be swapped for Wanchain system-native WAN tokens, and the coin surpassed a market cap of $600 million within a record-breaking three days after launch.

How Wanchain Works

According to the project whitepaper, “Wanchain is an Ethereum-based generic ledger that runs applications independently, with account models and smart contracts that implement various original Ethereum functions. On top of those, we added cross-chain transactions and achieved smart contract token privacy protection.” To help provide enhanced privacy protection, Wanchain utilizes a system of “Ring Signatures” which provide anonymity to transactions and their corresponding signatures. This enables a transaction recipient to verify that the sender did in fact sign a transaction with the option of hiding the sender’s identity from the public blockchain. Optional “One Time Addresses” (OTA) also allow for the provision of complete anonymity of a receiver for any transaction.

Why Wanchain?

In addition to its basic functions as cryptocurrency and store of value via its system-native token (WAN), the Wanchain platform offers the following digital-based financial solutions:

  • Decentralized Exchange (DEX): digital assets worldwide and hosted across multiple blockchains will all be tradeable through a single DEX hosted within the Wanchain platform.
  • Asset Management Tools: provides automated escrow services to minimize counterparty risk, simplified auditing tools and privacy protection for trades and asset balances.
  • ICO Launch Platform: in addition to allowing for asset creation and modification, provides instruction for the streamlined launch and promotion of Initial Coin Offerings (ICOs), allowing ICOs hosted on the Wanchain platform to accept a uniquely diverse array of assets to be used for ICO crowdfunding purposes.
  • Private Send Functions: serve to translate any transaction input to a standard denomination of value, providing further anonymity of the amount transaction if the option is utilized.