Waves (WAVES) is a blockchain platform created by Russian engineer, Sasha Ivanov, and officially launched in November 2016. It was created as a decentralized system with a wide range of helpful and easy-to-use tools. Some of the salient features of this project include the creation of Custom Application Tokens (CATs), defining Decentralized Apps, and much more.
Waves use a consensus mechanism known as Leased Proof-of-Stake (LPoS). It is a modified version of the Proof-of-Stake consensus where tokens can be staked by leading them to the full nodes contributing to maintenance. With respect to the other platforms providing similar services (such as token economy, decentralized applications and smart contracts), WAVES mainly focuses on mass adoption exploiting simplicity and ease of use as its main weapons.
Some of the use cases of Waves include tokenization which enables businesses and individuals to tokenize real-world assets. Waves also have a built-in DEX that allows users to trade cryptos and custom tokens. Waves can also be used to create custom tokens ad in-game assets for gaming platforms. There are several ways to buy waves tokens depending on which method suits the user most.
There are several ways in which one can buy Waves tokens, including through exchanges, P2P marketplaces, and other methods unique to it. The safest option is to choose a reputed exchange. However, users have to conduct thorough research to evaluate the legitimacy of the exchange beforehand. To buy Waves instantly, users have to select an exchange which supports credit/debit card payments.
Additionally, Waves can be purchased from P2P marketplaces and crypto ATMs. Finally, you can buy Waves tokens from the Lite Client using a variety of payment methods. The Waves Lite Client is a browser extension that allows anyone to store, trade and transfer Waves tokens. To know how to purchase Waves read the following section.
Many traders want to buy waves with debit card instantly but don’t know how to. However, using a credit card to buy Waves is a simple process. The best place to do it is by using a website or app that offers good customer service, security and functionality. In the past, many exchanges were unable to accept debit cards. But that changed after many started accepting debit cards.
After you buy Waves tokens, you have several options. You can both hold them and hope that their value exceeds, or you can use them for other purposes such as payment to merchants that accept it.
To buy Waves with credit cards instantly, you have to an appropriate crypto exchange that supports credit card payments. Keep in mind that not all crypto exchanges allow credit card payments for cryptos. While the exact steps may vary according to the exchange, almost all of them involve registering an account. This step may require you to produce delicate financial and personal information.
After registering, the next step is to select Waves from the list of available crypto assets. After your selection is done, it's time to fund your account. This can be done by linking your exchange account to your credit card. After choosing the preferred payment method and funding the account, you are finally ready to buy Waves online with credit cards. After selecting the number of Waves you would like to buy, you have to confirm your decision and wait for the tokens to get transferred to your account.
At $2.03, many crypto investors consider Waves as a very good investment. This is why one of the best things to do is to hold the crypto in a wallet. Waves can also be staked by taking part in a staking pool from the available list of pools available on the official Waves website. Leasing the tokens into a staking pool will allow users to receive passive income and rewards.
Additionally, Waves token is accepted by a growing number of merchants and companies including Paytomat, Cryptwerk, Waves World, Bitswift, and Mobilego. This is evidence that Waves is being adopted by merchants and companies all throughout the world.