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How & Where to Buy WAX A Step-by-Step Guide to Buying WAX

  1. Sign up at CoinSwitch, the #1 rated WAX exchange.
  2. Fund your account with cash or crypto.
  3. Buy WAXWAX
  1. STEP 1Find the Best WAX 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.

    • bithumb exchange
      Ease of use
      Time to 1st Buy
      3 hrs
      24h Volume

      South Korea’s number one crypto exchange, which offers both a Korea-only and a global platform. On the native platform, fees are based on an interesting ticket system, whereas Bithumb Global trading fees are fixed. Plenty of coins to choose from, as well as an education platform that can reward learners for their participation.

    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 WAX WAXWAX quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy WAX 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 WAX.

Frequently Asked Questions About Buying & Selling WAX (WAX)

How do I Buy WAX with Crypto?

If you want to buy WAX 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 WAX (WAX)?

To sell WAX, simply reverse the buying process described above. You will likely need to trade your WAXWAX 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.

WAX Research Center

WAX Technical Details & Statistics

  • Market Rank130
  • Market Cap507,646,278
  • Circulating Supply1,755,822,044
  • Total Supply3,785,021,486 WAX
Yesterday's Trading
  • 24 HR Volume33,267,522 USD
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What is WAX?

WAX is an acronym for Worldwide Asset eXchange, which is an easy-to-use decentralized platform that allows anybody to partake in a fully-functioning virtual marketplace. WAX was principally designed to serve the 400+ million online video game players who want to trade in-game items that can be collected through different games. Its token, named WAXP, is not only the primary unit of currency for its exchange but can also be used to purchase digital collectibles (NFTS) and in-game items in a number of participating games. Its requirements to join are minimal and users do not need a set minimum amount of capital to safely trade using its platform.

History of WAX

WAX was originally developed by the founders of OPSkins, which is one of the world’s leading online marketplaces for video game assets. OPSkins already had a lot of experience in building the open-sourced components that compose the WAX platform, as their software was the basis for several small exchanges that specialized in the sale of goods from individual games. WAX saw the potential benefits in combining all such services into one, fairly-run, decentralized exchange, where overhead for exchange management was minimalized and it could be easily accessed by any participant. WAX concluded its token sale in December 2017, and less than a month later it briefly surpassed a market capitalization of $1.2 billion, making it one of the fastest, greatest rising Ethereum tokens to ever be traded.

How WAX Works

WAX is not just another online exchange for digital collectibles and in-game items but features a large array of trading options, such as bidding, reserve bidding and price naming. Users can not only trade items on its exchange using the WAX token, but also build their own custom exchanges which operate on its platform. For transaction processing within its own network, WAX uses a Delegated Proof of Stake (DPOS) consensus algorithm that organizes nodes into “Guilds” which focus on a single game. WAX tokens are used not only as the primary means of exchange on its trading platform but also to pay for system resources that enable transactions, in a manner similar to that of EOS.

Why WAX?

As a decentralized, blockchain-based exchange for the sale of NFTs and online gaming goods, WAX has a lot to offer which most other cryptocurrencies platforms do not. A few of WAX’s many advantages include:

  • Highly integrated. Not only is WAX easy to use, traders can create their own virtual store which services thousands of items in the virtual goods ecosystem, currently being sold across thousands of digital marketplaces.
  • Wide audience. With more than 400 million active gamers around the globe, contributing to a virtual economy totaling in the billions for online-based digital goods, the potential audience for WAX’s services is huge and growing at a fast pace.
  • NFT-ready. The simplicity of the WAX interface makes it easy to onboard new crypto users who are perhaps more interested in collecting and trading NFTs than learning the dynamics of cryptocurrency and the blockchain.
  • Extensive partnerships. In addition to servicing most businesses created using software developed by OPSkins, WAX has existing partnerships with Topps, Capcom, the Kyber Network, Robot Cache, Bancor and Jaxx, among others.