The WAX-developed unique features and incentive mechanisms are aimed at optimizing the blockchain's value for usage in e-commerce, with the goal of promoting proposal voting. Today's media WAX price is $0.359760 USD, with a 24-hour trading volume of $108,315,084 USD. Our WAXP to USD pricing is checked in real-time. In the last 24hrs, WAX has lost 0.64 percent of its value. The current CoinMarketCap ranking is #123, with a live market cap of $626,501,521 USD. There are 1,741,445,106 WAXP coins in circulation, with no maximum supply.
About WAX (WAXP)
WAX (WAXP) is an intent blockchain that had been released in 2017 with the goal of making the e-commerce process faster, easier, and secure for all parties involved. Delegated proof-of-stake (DPoS) is the consensus process used by the WAX blockchain. It works flawlessly with EOS.
WAX created a suite of blockchain-based technologies on which decentralized application (DApp) marketplaces and non-fungible coins can be built. Whereas the core purpose behind this invention remained consistent in all these years which was the smooth transference of data on e-commerce platforms, along with the optimization of blockchain utilities.
What is WAX WAXP?
E-commerce activities are supported via WAX Cloud Wallet, SSO, and OAUTH, the latter of which is a native RNG server and a developer interface. WAX's blockchain architecture allows both 500-millisecond block times and zero-fee transactions. It also employs voting incentives to encourage participation in the selection of block producers and improvement recommendations. For users interested in WAX crypto trading must burn their WAXP tokens in order to obtain WAXE over the Ethereum bridge. The WAXE coins must be staked on the Ethereum distribution contract after that.
Who Are the Founders of WAX WAXP?
William Quigley and Jonathan Yantis co-founded WAX. After graduating from the University of Southern California, William Quigley worked for Disney. He obtained an MBA from Harvard. He is the managing director of Magnetic as well as the creator of WAX. Jonathan Yantis is the chief operating officer of WAX and OPSkins, respectively.
What Makes WAX WAXP Unique?
WAX has a WAXP-to-ETH gateway acting as the bridge that permits WAXP registered users to transfer their tokens into WAXE, an ERC20 utility token based on Ethereum.
The WAX Business Activity Lagoon is a blockchain platform that collects a percentage of generated WAX fees and converts them into ETH for payout to WAXE stakes. It can also be handed to WAXG token holders who want to burn their existing tokens.
Where Can You Buy WAX WAXP?
The purchase or buying system required several exchanges which makes the pieces of trading easier for traders. To purchase WAX (WAXP) one can opt for Huobi Global, Upbit, HitBTC, Bithumb, and lastly Bitfinex
Frequently Asked Questions About WAX WAXP
How many WAX WAXP coins are in circulation lately?
WAX (WAXP) has a ready-to-grab option of 1,513,825,734 tokens and a maximal capacity of 3,770,303,327 WAXP as of February 2021.
What Security Measures Does the WAX WAXP Take?
WAX has developed a comprehensive set of blockchain-based technologies that enable anybody to trade digital or real goods instantaneously and privately.
On what factors does the price of the WAX WAXP Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact WAXP’s price and market cap.
Conclusion
After elevating up to 100% in just a matter of a few weeks, cryptocurrencies have suffered a severe downfall due to their unpredictable market nature. WAX WAXP tokens have been increased to a new all-time high of almost $0.359 U.S Dollars per token, despite the recent fluctuation and uncertainty factor the trading market is going along.
Since the crypto markets are produced to be active for 24 hours non-stop, you may need the assistance of a cryptocurrency portfolio monitor for keeping track of your holdings.
WAX WAXP Official Website https://wax.io/
WAX WAXP Twitter –https://twitter.com/WAX_io
WAX WAXP Reddit –https://reddit.com/r/WAX_io
