WAX
WAXP
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WAX price
$0.00643
-- (--)
USD
Last updated on --.
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About WAX
WAXP (WAX) is a cryptocurrency designed for digital ownership and virtual economies, particularly in gaming, NFTs, and collectibles. It powers the WAX blockchain, which specializes in fast, low-cost transactions, making it ideal for trading digital assets like in-game items and virtual goods. WAXP serves as the fuel for transactions, staking, and governance within its ecosystem, allowing users to securely buy, sell, and trade digital collectibles with ease. Its user-friendly approach and focus on real-world utility make it a popular choice for creators, gamers, and collectors looking for a seamless way to engage with blockchain-based assets.
AI insights
WAX’s recent prices
Past year
-70.98%
$0.02
3 months
-19.76%
$0.01
30 days
+2.27%
$0.01
7 days
-3.47%
$0.01
WAX performance
$0.00643
WAX price today
WAX price today is $0.00643, marking a +0.48% over the past 24 hours. On OKX, today’s WAX trading volume reached 612,645,101, worth over $3.94M.
$0.4
WAX all-time high
WAX achieved its all-time high price of $0.4 on Feb 14, 2022, (UTC+8). At today's price of $0.00643, WAX price is now -98.40% lower than its historic high.
$0.00643
WAX in USD
The current WAX to USD conversion rate is $0.00643 per WAX.
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Learn more about WAX (WAXP)
What's WAX?
WAX, or Worldwide Asset eXchange, is a blockchain platform designed to make e-commerce transactions faster, easier, and more secure. It primarily focuses on virtual goods and digital collectibles, providing a decentralized marketplace for users to trade items. WAX aims to solve issues related to fraud and inefficiency in digital asset trading by offering a secure and user-friendly environment.
How does WAX work?
WAX operates on a delegated proof-of-stake (DPoS) consensus mechanism, which enhances transaction speed and scalability. The platform uses smart contracts to facilitate secure and transparent transactions. Notable features include its focus on digital collectibles and virtual goods, allowing users to create, buy, sell, and trade items seamlessly. WAX's blockchain technology ensures that transactions are efficient and secure.
What's the total supply of WAX?
WAX has a total supply of 3.7 billion tokens. The circulating supply is subject to change as tokens are used within the ecosystem. The platform employs tokenomics mechanisms such as staking and rewards to incentivize participation. There are no significant inflationary or deflationary mechanisms like minting or burning currently affecting the token supply.
What determines WAX's price?
The price of WAX is influenced by its utility in digital asset trading, demand for virtual goods, and overall network usage. Market sentiment and regulatory developments can also impact its value. Additionally, competition from other blockchain platforms offering similar services may affect WAX's market position. These factors collectively contribute to the token's price dynamics.
Pros and cons of WAX
- Pros:
- Fast and scalable transactions due to DPoS
- Strong focus on digital collectibles
- Secure and user-friendly platform
- Cons:
- Competition from other blockchain platforms
- Regulatory changes may impact operations
- Market volatility can affect token value
How do I store my WAX?
Users can acquire WAX through exchanges like OKX, where it is supported. It can be used for trading digital collectibles and virtual goods. WAX can be stored in compatible wallets, with security measures such as private key protection being crucial. Always be cautious of phishing attempts. Availability of WAX may vary by jurisdiction, so users should check local regulations before engaging with the token.
Guides
Find out how to buy WAX
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think. Kickstart your journey on the OKX mobile app, or right here on the web.
Predict WAX’s prices
How much will WAX be worth over the next few years? Check out the community's thoughts and make your predictions.
View WAX’s price history
Track your WAX’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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WAX FAQ
WAX can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. WAX’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying WAX and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy WAX at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy WAX WAXP safely on a trusted exchange like OKX.
Currently, one WAX is worth $0.00643. For answers and insight into WAX's price action, you're in the right place. Explore the latest WAX charts and trade responsibly with OKX.
To read this WAX price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, WAX’s price is updated in real-time on our WAX price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping WAX WAXP. Refer here for a more detailed guide.
Staking and earning rewards with WAX are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$29.43M #180
Circulating supply
4.58B / 4.58B
All-time high
$0.4
24h volume
$3.94M
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