WAX
About WAX
WAX (WAXP) is a specialized blockchain platform launched in 2017. It uses a consensus mechanism known as Delegated Proof-of-Stake (DPoS), offering a fast, safe and simple approach to e-commerce transactions. It provides a suite of blockchain-based tools, with features and incentive mechanisms designed to optimize its usability in e-commerce. The developed tools allow creation of decentralized applications (DApps) and unique tokens.
In the last hour, WAX's price has seen a change of +1.36%, and over the past 24 hours, its price has moved by -1.14%. Over the previous week, WAX's price has moved by +2.12%. The current price of WAX is AED 0.02011, accompanied by a trading volume of 4.540M in the last day. WAX's price is currently 99.89% below its all-time high of AED 18.41, which remains the highest price WAX has achieved since its launch. The circulating supply of WAX stands at 4.606B, translating to a total market capitalization of 92.61M.
Market stats
Frequently asked questions
What is a WAX wallet?
A WAX wallet is where you can securely store WAX. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a WAX address?
A WAX address is a string of unique characters that is tied to your WAX wallet. The address functions just like a bank account number and it is what you use in order to send WAX from your wallet, or to receive WAX to your wallet.
What are the most popular cryptocurrencies besides WAX?
Besides WAX, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of WAX be in next 5 years?
Price predictions for WAX over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading WAX taxable?
Trading WAX may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is WAX's ATH?
WAX’s all-time high (ATH) was AED 18.41 on 21 Dec 2017. This represents the highest recorded market price of the asset to date.
When will WAX be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for WAX just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of WAX?
With a market capitalization of 92.61M, WAX is ranked 331 among other crypto assets.
What is the all-time high of WAX?
The highest valuation of WAX since its launch was at AED 18.41, marking its all-time high.
What is the 24-hour trading volume of WAX?
The trading activity of WAX over the last 24 hours was at 4.540M, highlighting its liquidity in the market.
How many WAX are there in circulation?
There are approximately 4.606B units of WAX currently in circulation, affecting its market dynamics.
What is the relative popularity of WAX?
WAX market cap is around 92.61M.
When was WAX created?
WAX was introduced on 17 Apr 2017.
Website
White paper
Source Code