How & where to buy Waves (WAVES) online

Use our step-by-step guide to learn how and where to buy Waves on the top 5+ crypto exchanges.
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Updated: May 11, 2023
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Waves tokens are available on cryptocurrency exchanges, which function similar to a stock trading platform. It takes just a few minutes to buy Waves this way. Follow our quick step guide below.

How to buy Waves instantly in 3 simple steps

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To buy Waves you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to OKX

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OKX is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.

1
Min. Deposit
$ 50
Best offer
User Score
9.3
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.

Step 3. Buy Waves token

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Type WAVES into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.

Now you own Waves tokens! It’s as simple as that.

Where to buy WAVES easily

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The overall best exchange to buy Waves token for beginners is OKX .

Here are the top five places to buy Waves, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

Sort by:

1
Min. Deposit
$ 50
Best offer
User Score
9.3
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.
2
Min. Deposit
$ 5
Best offer
User Score
9.0
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
Start Trading
Payment Methods:
Credit Card, Debit Card
Full Regulations:
3
Min. Deposit
$ 30
Best offer
User Score
9.0
Accepts 70+ cryptocurrencies
Majority of cryptocurrencies are held in a secure Cold Storage
Buy cryptocurrencies instantly with your credit card
Start Trading
Payment Methods:
Full Regulations:

Read more about how we test, rank & review platforms.

Best exchanges to buy Waves (WAVES), reviewed

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1. OKX. Best for futures and margin trading

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Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Stake ETH to freely mint FIFA WORLD CUP 2022 NFTs & big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods
Not available in the US Lack of fiat withdrawal options

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Visit OKX OKX Review
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

2. KuCoin. Best social trading altcoin exchange

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Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees
Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Overview

We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.

KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Visit KuCoin KuCoin Review

How to trade WAVES

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You can trade Waves on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how WAVES crypto trading works:

  1. Monitor the price: Let’s say the price of WAVES/USDT is $1. You read the price charts and decide that now is a good time to start purchasing WAVES.
  2. Open a trade: You trade one USDT for one WAVES ($1 for 1 WAVES).
  3. Continue to monitor the price: The next day, one WAVES token is now worth $2, a 100% increase.
  4. Close your trade: You trade your WAVES token back to USDT for $2.

In this example, you buy and sell Waves, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

1
Min. Deposit
$ 50
Best offer
User Score
9.3
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

What is the best way to pay for Waves (WAVES)?

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The simplest way to buy Waves cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for WAVES.

  • Buy Waves with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Waves with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).
  • Buy Waves with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Waves (WAVES)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Waves then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Waves wallets to use are MetaMask and the Ledger Nano S.

Is Waves (WAVES) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Waves and its token to help you decide whether to invest in WAVES.

  • The Waves blockchain is environmentally-friendly. A core piece of the Waves platform is its status as a carbon neutral, open-source network for developers to build apps with blockchain technology.
  • You can create and trade custom crypto tokens on the Waves Exchange. The Waves network and exchange are designed for simplicity, so anyone can build their own coin or project on the Waves network, then sell the tokens on the Waves Exchange. The Waves network is based on simple scripts rather than smart contracts, so requires less coding work to create a new token.
  • The total supply of Waves tokens is capped at 100 million. This limit means that Waves shouldn’t suffer from inflationary pressure. The value of your holdings won’t be diluted by more WAVES tokens being added to the supply.
  • You can earn rewards by holding tokens in the Waves wallet. Waves coins that are held in the Waves wallet can be used for staking and earn rewards. Smaller holders can lease their Waves to other users and earn a small reward, or large holders with more than 1000 Waves can become a node themselves.

Use this quick summary of pros and cons to compare Waves with other, similar projects.

Pros

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  • The Waves DEX is great for investing in unique projects in the cryptocurrency market
  • Small businesses can create their own tokens and sell them on the Waves exchange
  • You can earn rewards for holding WAVES
  • The Waves platform has a wide range of uses, including the ability to build games and NFTs, borrow or lend money

Cons

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Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

How has Waves (WAVES) performed this year?

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The current Waves price today is $3.43, which is 93.72% its all time high of $54.63, which it reached on 1 April 2022. WAVES is down 76.34% this year, with a 52 week high of $54.63 and a 52 week low of $3.13. 

Is now a good time to buy Waves?

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The answer depends on the current price and your own investment goals. Put simply, buying Waves, selling Waves, and trading WAVES are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell Waves quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Waves.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of Waves, then a good time to purchase Waves is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Waves and selling it the next day probably isn’t why you’re here either.

Regardless, closely following WAVES price news & analysis will help you decide when to pull the trigger:

I had a pretty interesting discussion this week on the Invezz podcast with the founder of the cryptocurrency Waves, Sasha Ivanov. It was almost philosophical at points. Sasha lamented that crypto is not the same place it was a few years ago; that it has largely become a money grab. In looking around
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Chainlink LINK/USD, Waves WAVES/USD, and The Graph GRT/USD are all part of the Solana ecosystem of tokens. Today, we are going to go over each token individually so you can have a greater perspective of how all of them work. Should you buy Chainlink (LINK)? On April 7, 2022, Chainlink (LINK) had a v
Get started with Waves

FAQs

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Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.