WAX Crypto Price Prediction, Value and Chart (WAXP)

WAX (WAXP) Frequently Asked Questions

What is WAX?

WAX is a purpose-built blockchain and protocol token that has a convenient way to create, buy, sell, and trade virtual items anywhere in the world and it is designed to be the platform for video gaming and e-commerce dApps. It will also be fully backward compatible with EOSIO. Participants of the Worldwide Asset eXchange gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators, and game developers. The WAX Blockchain uses the Delegated Proof of Stake (DPoS) as its consensus mechanism. (Description provided by CryptoCompare)

How do I buy WAX?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including WAX.

What do investment analysts think about WAX?

Weiss Research, an investment research firm that rates cryptocurrencies, has given WAX an overall rating of "D+", a technology and adoption rating of "D-", and a market performance rating of "B+".

Where can I get WAX wallet?

WAX produces its own wallet software that is available for download on its website, which allows you to store WAX on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of WAX?

One WAX (WAXP) is currently worth $0.10 on major cryptocurrency exchanges. You can also exchange one WAX for 0.00000491 bitcoin(s) on major exchanges. The value (or market capitalization) of all available WAX in U.S. dollars is $207.86 million.

What hashing algorithm does WAX use?

WAX is a coin that uses the Delegated Proof-of-Stake algorithm.

What coins are similar to WAX?

The following coins use WAX's Delegated Proof-of-Stake algorithm and proof-type: 0Chain, BeatzCoin, Metaverse Dualchain Network Architecture, Centric Cash, LiquidApps, YAS, Nokencoin, Ndau and Ace Entertainment.

What is the Reddit page for WAX?

The official Reddit community (subreddit) for WAX is r/WAX_io.