WAVES tokens are used to pay for transaction fees as well as other costs like block rewards on the Waves network.
Therefore to use the network, you need to own some WAVES tokens. To own some WAVES, you need to buy them or receive them for free from a friend. In this guide, we assume you’re buying, and we offer you the best options when it comes to exchanges where you can buy.
The right crypto exchange to use should be highly secure, and with a good reputation. It should also be easy to use, especially for beginners with little or no crypto experience. The exchange should also charge reasonable fees so that you don’t end up spending too much.
Based on these criteria, the following are the best crypto platforms you can use to buy WAVES tokens.
Binance
Binance is the most popular crypto exchange in the world, evident from the fact that it has the highest trading volume for many years now. You can use it to buy and sell over 350 crypto assets easily, including WAVES.
The design of the platform makes it easy to use, which is why both beginners and pro traders use it. The most popular way to buy WAVES on Binance is to swap assets such as USDT, BTC, ETH, and others for it.
There is an option though. For those who prefer to use fiat to buy, they can use their debit or credit cards to buy directly. Another thing worthy of mention is Binance’s low fees.
Bybit
If you’re an experienced crypto trader looking to buy WAVES, this is a suitable platform for you. It is an advanced crypto trading platform known for its derivatives trading. The exchange offers about a thousand crypto assets for buying and selling.
You can buy WAVES by swapping your USDT for it. Not many crypto assets are available to swap for the token, but you can also use fiat currency to buy via your debit or credit card.
Like Binance, Bybit charges some of the lowest fees in the industry, making it a favorite platform for those who are conscious of fees. The exchange also offers other services such as staking and earning of rewards.
Kraken
Kraken is a crypto exchange known for its high security. It supports over 350 crypto assets including WAVES. It caters to both beginners and experienced traders and investors, allowing them to buy and trade different assets.
To buy WAVES, there are different options. You can use fiat by first depositing USD or EUR on the platform and then using it to buy the asset. You can also swap a few crypto assets such as BTC, ETH, and USDT for the token.
Again, Kraken charges competitive fees that are lower than most exchanges. As a pro trader, you can use the Kraken pro or the regular platform for beginners.
Gate.io
This is a crypto exchange you can use to buy WAVES. It is a particularly suitable platform for those who wish to invest in multiple altcoins. There are over 1,700 supported crypto assets on the exchange, giving users many options to choose from.
The exchange also charges lower fees than most, making it a popular platform too. Both beginners and pros can easily use it to buy WAVES or any other asset of their choice.
You can buy WAVES by simply swapping USDT or BTC for it from your wallet on the exchange. Alternatively, you can also use a debit or credit card to buy the token.
KuCoin
KuCoin is another top exchange to use when buying WAVES. You can buy and trade over 700 crypto assets on this exchange. Methods for buying WAVES include swapping USDT or BTC for the token.
Alternatively, you can use your debit or credit card to buy the token directly, which is cheaper. KuCoin charges low fees that everyone can afford, as well as a user-friendly platform for everyone to use seamlessly.
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