How to Buy WAX (WAXP)
Learn all about Buy WAX
Price of WAX Today (24h)$0.04623
-5.38%WAX (WAXP) is a token issued on the Blockchain Network. Through the collective efforts of the WAX development team and community members, the number of applications supporting WAXP has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in WAX. They wish to invest or purchase WAX (WAXP), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing WAX. Regardless of your location, Bitrue can provide you with a simple and secure way to buy WAXP.
Where and how to buy WAX
When it comes to purchasing WAX (WAXP), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy WAX in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased WAXP will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy WAX (WAXP) through Bitrue.
Steps to Buy WAX (WAXP)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy WAX (WAXP)
Buy WAX through Spot Markets
- Note: Currently, the most popular WAX spot trading pairs include WAXP/USDT and WAXP/USDC. Before purchasing WAX (WAXP) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select WAX (WAXP) from the list of cryptocurrencies.
- 3. Enter the quantity of WAXP you want to purchase, either at the market price or set a target price for buying WAX.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing WAX (WAXP), users can only deposit WAXP assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports WAXP trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased WAX assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external WAX cryptocurrency wallet.
- Note: If you have not received your WAX (WAXP), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire WAX
Apart from directly buying WAX (WAXP), what are the alternative methods to acquire WAX ?
Fixed Auto-Investment in WAXP
Regularly invest a fixed amount at scheduled intervals in WAX (WAXP) digital assets, enjoying both short-term returns and long-term benefits.
Staking WAXP
Flexible staking of WAX (WAXP) digital assets to earn interest or high returns in other cryptocurrencies.
Get WAX (WAXP) for free
If you have enough time, you can obtain WAX for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free WAX (WAXP).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free WAX.
- All cryptocurrency airdrops and rewards can be exchanged for WAXP through coin-to-coin exchange or spot trading.
How to keep your WAX safe and secure
Once you have purchased WAX, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store WAX and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain WAX wallets, you also have the option to store WAX (WAXP) separately in a personal encrypted wallet. This wallet serves to keep your WAX secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your WAX, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your WAX encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying WAX (WAXP)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase WAX.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your WAX assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of WAX.
Get WAXP with Bitrue
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Some market stats about WAXP
Price Analysis
WAXPWAX Price Now:
$0.04623-5%24H
WAX is falling this week.
The price of WAX has dropped by -12.55% in the last 7 days. It has seen a -5.38% decrease in the past 24 hours and a 0.52% increase in just the last hour. The current price is $0.04623 per WAXP. WAX is dropped -58.61% from its all-time high of $0.1117.
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Calculate the Returns on Your WAX Investment
How much profit would I have if I bought $ worth of WAX in ?
CalculateReturns based on the average WAX price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
Other crypto similar to WAXP
FAQ About Buy Crypto
How many WAX are there in total?
The total supply of WAX is 4,300,949,179 and the Circulating Supply is 3,642,637,163 .
Why are people buying WAX?
People buy WAX for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, WAX serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing WAX include investment, risk diversification, and trust in new digital assets.
Should I buy WAX?
Deciding whether to buy WAX depends on individual financial goals, risk tolerance, and understanding of the digital asset market. WAX investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying WAX (WAXP) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy WAX?
Generally, buying WAX digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
What are the fees for buying WAX?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy WAXP?
Currently, Bitrue does not support purchasing WAXP or adding fiat currency using Apple Pay.
How to use Paypal to buy WAXP?
Currently, Bitrue does not support purchasing WAXP or adding fiat currency using Paypal.
What can I do with WAX?
You can use WAX to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my WAX?
If your Bitrue wallet does not hold WAX, you need to deposit WAXP into your Bitrue account. If you already have WAXP, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of WAXP you want to sell, select the selling price, confirm the sell order, and once your WAXP is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase WAX (WAXP) worth 1 US dollar?
In theory, WAX (WAXP) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for WAXP is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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