How & where to buy Waves (WAVES) online

Waves is a platform that lets developers build applications using blockchain technology. This guide explains how and where to buy the Waves token and how it might perform in the future.
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Updated: Jun 28, 2022
Tip: our preferred broker is, eToro: visit & create account

Learn everything you need to know about Waves right here. Get the lowdown on whether to invest in it, compare the best trading platforms, and follow a step-by-step guide to buying your first coin.

What are the best exchanges to buy WAVES on?

A broker platform is one of the easiest ways to get your hands on cryptocurrency. The options below are all ideal for beginners and you can get started in a few minutes by clicking the links in the table. If you aren’t ready for that yet, keep reading to learn more about Waves first.

1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
2
Min. Deposit
-
Promotion
User Score
9.3
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Description:
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Payment Methods
Full regulations list:
3
Min. Deposit
$30
Promotion
User Score
8.7
Accepts 70+ cryptocurrencies
Majority of cryptocurrencies are held in a secure Cold Storage
Buy cryptocurrencies instantly with your credit card
Start Trading
Description:
CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.
Payment Methods
Full regulations list:

How to buy Waves online – a step-by-step guide

Step 1. Find an exchange

A cryptocurrency exchange gives you the best prices on most coins. An exchange is like a marketplace where buyers and sellers come together and deal with each other directly. That means you can get the best value on almost any coin you might be interested in.

A couple of the top exchanges around that offer Waves are:

  • Binance: Binance is the largest and most popular cryptocurrency exchange. It has a wide range of coins available, alongside some extensive learning material to guide you on your way. Start using Binance now >
  • KuCoin: KuCoin is another beginner-friendly exchange. It lets you make small trades on an extensive list of cryptocurrencies, so it’s a great place for anyone new to the industry to start. Sign up for KuCoin today >

Step 2. Sign up and fund your account

To use any of these exchanges, you have to set up an account first. To do this you need to provide your contact details, like a name and some personal information, along with a form of photo ID for verification. It’s difficult to avoid supplying ID these days, as it’s part of more extensive anti-money laundering regulations that exchanges have to abide by.

Once you’ve done that then you need to deposit some money into the account. A bank transfer is the best, and cheapest, way to do so but it is normally possible to pay with a debit or credit card as well. Just expect to pay a fee, which can range from 3-5%.

Step 3. Purchase

To buy the coin itself, you first need to search for it using its unique symbol. In this case, it’s fairly straightforward because the symbol is the same as the coin name: WAVES. Then choose one of the pairs from the list of results.

You may notice that none of the pairs includes a fiat currency, and the only way to pay is with cryptocurrency. Don’t worry, the easiest way around this issue is to use your GBP or USD to buy Bitcoin and then exchange that for Waves. Once you’ve decided how many coins you want and executed the trade, your new cryptocurrency will be added to your exchange wallet.

Step 4. (Optional) Get a suitable wallet

You can leave your coins on the exchange, or you can use a dedicated crypto wallet to store them. A wallet is an independent app, website, or physical device that protects your coins behind a unique password. Here are two of the top wallets around:

  • Ledger Nano S: The Ledger Nano S is a hardware wallet, which is a device like a USB stick. You store your coins on the device then plug it into a computer in order to access them. Get the Ledger Nano S >
  • FreeWallet: FreeWallet is an online wallet that lets you store and manage your coins from your web browser, desktop, or mobile app. Join FreeWallet >
1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade Waves – a step-by-step guide

Step 1. Find a broker

Trading Waves refers to the practice of buying and selling it frequently to take advantage of small changes in price. The best way to do this is by using CFDs, which are assets that represent the price of the coin. Some brokers let you trade crypto CFDs, although not many offer Waves at the moment.

Two of the best CFD brokers are eToro and Capital.com. They are likely to be two of the first to offer Waves trading. Until then, you can learn about how to trade below.

Step 2. Create an account and deposit money

Setting up an account with a broker is much like on an exchange. You need to supply some contact details and ID in order to start trading. There are, however, many more payment options with a broker; you can normally pay by bank transfer, card payment, or an alternative method like PayPal or Google Pay.

Step 3. Learn about technical analysis

Price analysis is how most day traders decide on what to trade and when. By studying how a price has moved in the recent past, you can see patterns that hint at how it might perform in the future.

This form of research is known as technical analysis. Each trader uses a different set of indicators to inspire their decisions, so it’s a good idea to read up on all the different types of bases and trends so you can pick out what works best for you.

Step 4. Decide whether to go long or short

You can use CFDs to predict that a price is going to move up or down. This is different to buying coins on an exchange, where you can only benefit from an increase in price. You can buy (go ‘long’) or sell (short) with CFDs, and you should use your technical analysis to decide which one is appropriate at a given time.

Step 5. Make the trade

Search for Waves by typing its name into the search bar when signed into your broker account. There are two prices for each coin that represent the cost of buying or selling it. Choose the right one, put in how much you want to spend, and then execute the trade. After that, it will show up in the open positions part of your account.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Should I invest in Waves?

You might want to if you’re looking for a platform that offers similar benefits to Ethereum at a cheaper price point. It also has some unique features of its own, that makes it easier to create and trade tokens and build advanced applications.

Owning the Waves token itself gives you a stake in that platform but it also gives you the opportunity to earn some extra money. Waves owners earn a portion of the transaction fees from other coins made on the platform.

However, Waves has had some issues of late thanks to the performance of USDN, a stablecoin that’s run by the platform. In April 2022 it lost its peg to the US Dollar and shook confidence in the entire project, while Waves CEO Sasha Ivanov feuded with other crypto activists on social media.

Still undecided?

If you haven’t made up your mind yet and want some more information before you reach a final decision, we can help. Below are the most important pros and cons of the Waves platform, followed by some more questions to help you decide.

Pros

  • Makes it easy for anyone to set up their own cryptocurrency token
  • The Waves ecosystem has a wide range of uses, including the ability to build games and NFTs, as well as borrow or lend money
  • Can use the Waves token to earn extra rewards

Cons

Now here are some final points to consider before you invest in Waves.

1. Is now a good time to buy Waves?

That depends on how long you want to hold it for and the cryptocurrency market as a whole. It’s often a good idea to avoid buying during times of volatility, and if you’re going to hold the coins for a while, wait for a day where the prices are settled.

However, if you’re planning to trade the coins frequently then an active, volatile market can work to your advantage. Your decision to buy should still be based on the results of your technical analysis, but there are often more opportunities at busy times. You can see what our team of analysts thinks through the links below, and use their advice to help you.

The cryptocurrency market is advancing this Saturday, and this situation also supports Waves, PotCoin, and Theta’s price. Bitcoin price has advanced again above $55000 resistance level, and it is important to mention that popular investor Ray Dalio said this week that Bitcoin could have a similar impact on the financial…
The cryptocurrency market is advancing this trading week, and this situation also supports the price of Tezos, Waves, and UMA. Bitcoin continued its surge and reached a new all-time high above $57,000, which helped this cryptocurrency to the sixth most valuable global asset by market cap. Bitcoin has found…

2. What problem does Waves solve, and what are its investment prospects?

Waves makes it much easier to create cryptocurrency tokens by removing the barriers to entry that normally exist. A developer can use Waves to build an application or release their own coin without having to learn extensive coding language.

Beyond that, Waves offers a similar service to many other platforms. Ethereum is the most well-known but there are lots of alternatives, like Cardano, Polkadot, and Tezos, that offer a variation on the same theme.

That’s going to make it difficult for any one of them to emerge as a big player in the crypto space. Especially as Ethereum itself continues to evolve and add new features. It may be that Waves is able to differentiate itself but you should keep an eye on the latest news to see how it tries to do so.

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…

3. Do you want to hold Waves for the long term?

Waves is generally well-suited to a holding strategy but there are times when it’s best to trade it quickly to take advantage of small changes in the price of WAVES. Here are some final thoughts about what to do, whichever approach you decide to take.

Considerations for a long term investment strategy

If you like Waves and want to hold it for a long time, you should sign up to an exchange straight away to get the coins. Then think about using a wallet to store them, because that offers a bit more security than leaving them in your exchange account.

Considerations for a short term trading strategy

To trade Waves in the short term, you want to sign up for a CFD broker with low trading fees. Then learn how to perform technical analysis to predict fluctuations in price.


Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.