The WAX crypto blockchain was built to make e-commerce transactions easier, safer, and easier. The WAX coin is WAXP and was built for the same reason in tandem with the blockchain. The WAX Blockchain uses the DPoS (Delegated Proof of Stake) as its consensus mechanism. It is also backward compatible with EOS
. Wax intends to provide incentive mechanisms and custom features which will increase the blockchain's usability in e-commerce as well as encourage voting on proposals and guilds.
WAX also created various tools, which dApps, NFTs, marketplaces and similar use to build on top of.
The blockchain's core features include a blockchain architecture with no fees for customers, 500 millisecond block times, leveraging voting rewards incentivizng participation in proposals.
How To Buy WAX or Add it to your strategy
The fastest, most convenient way to purchase WAX is to purchase it on ICONOMI. We check WAX live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy WAX by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if WAX is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy WAX, we recommend you read the next section, as copying might be a better approach.
Add WAX to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have WAX in their structure.