Buy WAXE
What is WAXE?
WAXE is a cryptocurrency token that operates within the WAX (Worldwide Asset eXchange) ecosystem. It is built on the Ethereum platform as an ERC-20 token and plays a role in facilitating the trading and management of NFTs (Non-Fungible Tokens) and other digital assets. WAXE complements the broader WAX ecosystem, which focuses on creating, buying, selling, and trading NFTs.
How does WAXE work?
WAXE functions on the Ethereum blockchain, adhering to the ERC-20 standard, which allows for seamless integration with other contracts, wallets, and marketplaces. The WAX blockchain itself, which is related to WAXE, uses the Delegated Proof of Stake (DPoS) consensus mechanism, known for its efficiency and scalability. This setup enables decentralized transactions and interactions within the WAX ecosystem, facilitating NFT and digital asset trading.
What are the potential use cases for WAXE?
WAXE is used in various capacities within the WAX ecosystem, notably:
- Trading and managing digital collectibles and NFTs.
- Facilitating transactions within the WAX ecosystem.
- Serving as a medium of exchange for digital goods and services.
These use cases primarily target industries like gaming, NFT and digital collectibles, and e-commerce platforms for digital assets. Notable partnerships with brands such as Atari, Mattel, and AMC further enhance WAXE's applicability in gaming and digital marketplaces.
What is the history of WAXE?
While specific historical details about WAXE weren't explicitly mentioned, it is associated with the WAX ecosystem, which was founded by William Quigley and Jonathan Yantis. The WAX platform, launched in 2017, was initially envisaged in 2015 and later became renowned for facilitating digital goods trading, particularly in the context of video game merchandise and NFTs. The platform achieved significant milestones, such as migrating from an ERC-20 token to the EOS blockchain and achieving carbon neutrality. Though detailed historical information on WAXE specifically is limited, it is part of the innovations and expansions the WAX ecosystem has undergone since its inception.
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Frequently Asked Questions (FAQs)
What is the current price of WAXE (WAXE)?
The WAXE price is $67.95 AUD, representing a -3.74% from the day prior.
Where is the best place to buy WAXE (WAXE) in Australia?
The best place to buy WAXE (WAXE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell WAXE (WAXE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of WAXE (WAXE)?
The trading volume of WAXE (WAXE) is $8.2K AUD in the last 24hrs, representing a -3.74% from the day prior.
How can I buy WAXE (WAXE)?
WAXE (WAXE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of WAXE (WAXE)?
The current market cap of WAXE (WAXE) is $0 AUD.
Can I convert WAXE (WAXE) to cash?
Yes - With Coinstash you can convert your WAXE (WAXE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many WAXE (WAXE) are there?
The current circulating supply of WAXE (WAXE) is 0.
Is Coinstash a safe place to buy WAXE (WAXE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling WAXE (WAXE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.