WAX Coin Logo

WAX Coin

News

All the latest news about WAX Coin

See all news

WAX introduces a fee for new blockchain accounts creation

The WAX team announced on Twitter yesterday that it has introduced a small fee for users that wish to create new blockchain accounts.

 Hassan Maishera

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading WAX Coin

See all exchanges

SimpleSwap

4.4 based on 398 resourcess.widget.votes

Binance

4.13 based on 2220 resourcess.widget.votes

KuCoin

3.93 based on 1038 resourcess.widget.votes

Spend

Want to leave your cash at home? These cards support WAX Coin.

See all cards

Crypto.com Visa Card

3.45 based on 637 resourcess.widget.votes

Binance Card

3.3 based on 318 resourcess.widget.votes

Shop

So you've made a little WAX Coin and now you want to spend it? These are the places to do it!

See all merchants

ProfitTrailer

4.13 based on 60 resourcess.widget.votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for WAX Coin.

See all wallets

Ledger Nano S

3.75 based on 174 resourcess.widget.votes

Jaxx Liberty Wallet

4 based on 2 resourcess.widget.votes

FLX Wallet

3.67 based on 9 resourcess.widget.votes

Review

Learn more about WAX Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of WAX Coin consists of three chapters: origin, technology and pros & cons.

WAX stands for Worldwide Asset Exchange. It is a decentralized platform enabling individuals to operate a completely functioning virtual market with zero investment in payment processing, infrastructure, or security. The founders of OPSkins developed this platform. It is one of the world’s top marketplaces for online video game assets. Therefore, OPSkins designed WAX to serve the population of approximately 400 million online players who are buying, collecting and selling game items already.

WAX Coins utilize the power of blockchain technology. WAX Coins not only allow the use of virtual goods in video games but also permits the virtual goods to get tokenized and exchanged conveniently for the cryptocurrency. Moreover, there is always a smart contract behind the transaction. This contract serves as a basis for a trustworthy trade between sellers and buyers. In addition, the platform allows a large population of traders to establish virtual stores of their own.

  • The platform provides instant payments.
  • The members of the WAX platform who are familiar with the assets and pricing of their most favorite games can provide appraisal services to the markets that require verification and evaluation services.
  • The benefits provided here keep the ecosystem of the participants growing.
  • This platform enables entrepreneurial makers and designers to create virtual assets of their own. Also, they can offer them for sale in the virtual marketplaces.
  • If you are a WAX member, you can always earn significant fees by facilitating and reviewing transactions.
  • WAX has enabled a whole new generation of virtual asset dealers, just like how the earlier online markets turned the entrepreneurs into power sellers.
  • This platform is like a global virtual item repository that is accessible to all. Also, it provides a thorough catalog of all the items that are available for sale. The users of WAX can get access to worldwide market along with the advantages of the blockchain technology.
  • There is a precondition before the functions like transfer and transfer from. The precondition involves rejecting the transfer of coins to the WAX Coin contract itself. This can lead to code duplication.

There were no critical or high severity problems identified when reviewing the technology of this coin. Overall, the benefits outnumbered the risks which could make it a world top cryptocurrency.

***