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Buy WAVES in a few steps

Buy WAVES in a few steps

Buy WAVES and 99 cryptocurrencies with 94 fiat currencies
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What is WAVES

Launched in 2016 by Ukrainian scientist Alexander Ivanov (a.k.a. Sasha Ivanov), Waves is an open-source blockchain platform that supports the development of decentralized applications (dApps), which require a higher level of decentralization and security.


WAVES, the native coin of Waves blockchain, is an inflationary crypto asset with an uncapped supply. WAVES holders can lease out their tokens to nodes and participate in Waves governance by voting on Waves Enhancement Proposals (WEPs).


Waves has a developer-friendly programming language called RIDE. All dApps and smart contracts deployed on Waves are created using this language. Furthermore, it uses an enhanced version of the Proof-of-Stake (PoS) consensus algorithm called Leased Proof-of-Stake (LPoS), which facilitates distributed consensus for maintaining Waves network’s security. Nodes responsible for transaction validations on Waves can use leased tokens for generating blocks and earning mining rewards.

How to buy WAVES?

Why buy WAVES with OKX?

Buy WAVES in a few steps

Simple

OKX makes it easy to buy WAVES with a user-friendly interface
Buy WAVES in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Waves
Buy WAVES in a few steps

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history

What can I do after I buy WAVES?

With over 45,000 daily transactions, a $2.3 billion value locked in DeFi and a transaction throughput of 100 TPS at an average cost of 0.001 WAVES per transaction, WAVES has witnessed exponential adoption since its launch. Here are more ways you can be rewarded for buying WAVES.


Lease Out and Earn Rewards

Waves’ Leasing Proof-of-Stake consensus mechanism allows WAVES holders to participate in the network’s block generation process by leasing out tokens to Waves Generating Nodes. Leased tokens stay in your wallet and become unspendable. In return, you stand to earn a share of the network’s transaction fees and block generation rewards.


Earn Passive Income on WAVES

OKX Earn offers flexible savings pools for earning interest on your WAVES deposit. Go to OKX Earn and subscribe to your preferred savings pool to start making passive returns on your WAVES deposit.


Make Payments on DApps

You may also use your WAVES tokens to make payments on the dApps running on the Waves blockchain.


Swap to ERC-20 WAVES Tokens and Earn Staking Rewards

In October 2020, Waves ported its native token WAVES into Ethereum to improve interoperability between the two well-known blockchains and offer Waves functionality to the Ethereum community. You can exchange your native WAVES tokens for the ERC-20 version on Waves.Exchange. The obtained ERC-20 WAVES tokens are staked automatically and earn you daily staking rewards.

How to buy WAVES and store it safely?

Guide on how to buy Waves (WAVES)

Buy WAVES with Debit/Credit Card

You can buy WAVES quickly and easily on OKX with your debit/credit card. OKX supports Visa, Mastercard and more, alongside 90+ fiat currencies. If your preferred payment mode or fiat currency is not available, you may swap or trade your existing crypto for WAVES.


Buy USDT from Peer-to-Peer (P2P) Market

Navigate to our escrow-powered P2P trading window and purchase USDT directly from trusted sellers to trade it for WAVES. OKX supports 40 payment methods, including bank transfer, PayPal, Cash App, Revolut and more.


Trade WAVES in OKX Spot Market

Easily buy WAVES in our Spot Trading market. OKX listed the WAVES token against USDT, USDC and BTC. If you already own those coins, you can transfer them to your OKX account to trade them for WAVES. Otherwise, you may also buy USDT, USDC or BTC first before trading or swapping them for WAVES.


Convert Your Crypto to WAVES

Buying WAVES may not be possible with some crypto assets or payment methods, but OKX has you covered in such a scenario. Our "Convert" feature offers free, instant, slippage-free swaps for over 100 different digital tokens.

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FAQ
  • Are there any popular dApps running on WAVES?
  • Can I take a loan against my WAVES holdings?
  • I just bought WAVES. Where can I learn about trading these tokens?
  • Can I buy WAVES using a limit order?
  • Where can I store my WAVES tokens after buying them?
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

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Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


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Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.