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WAX Price (WAXP)

WAX Price (WAXP)

Currency:
WAXP to USD:
1 WAX equals $ 0.040282 USD-6.39%1D
Page last updated: 2024-12-22 05:54 (UTC+0)
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Note: This information is for reference only.

Price of WAXP today

The live price of WAX is $ 0.040282 per (WAXP / USD) with a current market cap of $ 146.83M USD. 24-hour trading volume is $ 13.32M USD. WAXP to USD price is updated in real-time. WAX is -6.39% in the last 24 hours with a circulating supply of 3.64B.
WAXP Price History USD
Date ComparisonAmount Change% Change
Today$ -0.002749-6.39%
30 Days$ -0.002241-5.27%
60 Days$ 0.006292+18.51%
90 Days$ 0.004504+12.59%

WAXP Market Information

24h Low & High
Low: $ 0.039318
High: $ 0.043992
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 5.01221
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.55%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-6.39%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-20.78%
The percentage change in price for this asset compared to 7 days ago.

WAXP Market Information

Popularity
#359
Popularity is based on the relative market cap of assets.
Market Cap
$ 146.83M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 13.32M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
3.64B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 173.38M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2017-12-20

What Can You Do With WAX (WAXP)?

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About WAX

WAX is an independent blockchain network that implements a Delegated Proof-of-Stake (DPoS) consensus mechanism to provide users with a secure decentralized transaction payment gateway (specifically for NFTs, digital collectibles, video games, and DApps).

Rare video game virtual items are the main focus of trade and exchange on WAX. Thanks to its DPoS consensus model, the network also uses considerably less power than its proof-of-work (PoW) counterparts and even other traditional PoS networks.

WAX’s native cryptocurrency, WAXP, was built and launched on the underlying Ethereum mainnet. However, according to the network, it was developed from its own version of the EOS blockchain. WAXP price is updated and available in real time on Binance.

People Also Ask: Other Questions About WAX

  1. What Does WAX Stand For?

    WAX stands for Worldwide Asset eXchange, which denotes the network’s aim of facilitating global transactions for the trade and transfer of rare NFT assets through its customized blockchain.

  2. What is WAXP Used For?

    Established on the Ethereum network, WAXP is designed to facilitate safe, easy, and fast e-commerce transactions on WAX. Rare and collectible items in decentralized virtual video game environments are traded and exchanged using WAXP. WAXP is also used as a global payment method and tradable cryptocurrency coin.

  3. How Do Network Consensus and Validation Work on WAX?

    WAX is a DPoS network with custom features and incentive systems designed specifically to facilitate e-commerce functions. WAXP is used in network delegation to incentivize voting on proposals, progressive decisions, and changes to the decentralized system. WAX is also reportedly more energy-efficient than PoW blockchains such as Ethereum and Bitcoin, as well as some typical PoS networks.

  4. Who is the WAX Founder?

    WAX was co-founded by William Quigley and Jonathan Yantis in California in 2017. The duo are both seasoned in the tech and finance industries, with experience as executives for financial companies and in venture capitalism.

  5. What is the Maximum Token Supply of WAX?

    There is officially a total maximum supply of 3,897,346,383 WAXP tokens. Of these, there are currently, 2,109,536,259 WAXP in active circulation.

  6. What Makes WAX Different From Others?

    WAX was developed to enhance the e-commerce experience, which drives the peer-to-peer (P2P) platform. NFTs on the WAX platform possess features that often include video game and / or app integration marketing implications and v-commerce elements. WAX’s design enables the implementation of such features.

  7. What Features Are Enabled On WAX?

    WAX has specially generated and minted NFTs called WAX iRV NFTs. NFTs on the platform are equipped with special features supported by WAX’s blockchain design. The network allows not just the minting and transfer of rare collectible video game objects but also of additional tokenized objects.

    WAX’s cloud wallet facilitates seamless transactions for its network engagers and provides a gateway for holders to enter into staking on the network. Staking on the network is said to help perpetuate scarcity, which works to stabilize the WAX network and WAXP price.

    Developers are also said to be able to easily improve or build and deploy DApps and games on the network. The WAX Developer Hive reportedly provides almost everything a developer may need to facilitate the development or improvement of DApps on the WAX network.

  8. How To Buy WAXP?

    WAXP can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live WAXP price is updated in real time on Binance. Further WAXP price and purchase information is available in our How to buy WAX (WAXP) Guide.

WAXP to Local Currency

FiatPriceOperation
1 WAXP to TRY$ 0.040282
1 WAXP to RUB$ 0.040282
1 WAXP to EUR$ 0.040282
1 WAXP to AED$ 0.040282
1 WAXP to AUD$ 0.040282
1 WAXP to BRL$ 0.040282
1 WAXP to VND$ 0.040282
1 WAXP to IDR$ 0.040282
Last updated 2024/12/22 05:54 (UTC)

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