Waves Coin is known as one of the initial cryptocurrencies that comes to mind when thinking of DeFi. It is the 57th largest cryptocurrency by total market value and is currently trading at $2.53. Positive predictions about the future of Waves were made especially before DeFi became popular, and these predictions still seem valid today.
Waves is known as a cryptocurrency with open-source features similar to Bitcoin. The future of Waves is considered very promising due to its open-source nature. Although the price of Waves Coin has seen significant increases in the past months, it appears to be in a consolidation phase currently.
What is Waves Coin?
Waves Coin can be described as a decentralized exchange established by Russian developers based in Russia. Like Binance‘s BNB, Waves Coin serves a similar function within its exchange. Users can trade in a decentralized manner and create their own tokens to release to the market. In this aspect, the Waves platform seems to resemble Uniswap.
The primary goal of Waves is to provide a stable trading and exchange service without subjecting users to any central platform or intermediary. Users on the Waves platform can create their cryptocurrencies within minutes and release them on the same platform. Of course, since Waves is a decentralized exchange, it is necessary to correctly record the seed phrases and their order when opening an account.
Reviews of Waves Coin
Looking at the reviews of Waves Coin, its status as one of the most important decentralized exchange platforms stands out. When examining the price charts of Waves Coin, it is observed that the price has risen above $15 during the bull period. This indicates that a rise is still possible for WAVES, currently trading at $2.53.
With such notoriety and search interest, Waves Coin could also present a real opportunity for growth. To purchase Waves, simply use the Binance cryptocurrency exchange.
How to Buy Waves Coin?
Waves Coin can be easily purchased on Binance by following these few steps:
- To buy WAVES, you first need to deposit USD balance on the exchange or purchase a cryptocurrency that can be used instead. For this, first go to the main page of Binance, click on the “Buy Crypto” option on the top left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to trade with, and mark Tether, that is USDT, in the Coin section.
- After purchasing USDT, preview the “Buy-Sell” option on the top left again and click on the “Classic” tab.
- In the section that opens, select the USDT section from the top right, type WAVES in the search button, and select the WAVES/USDT pair that opens below.
- Then go to the “BUY WAVES” tab in the middle, enter the amount you want to buy.
- Enter the desired amount and complete the WAVES purchase by confirming the transaction.
