WAX Token (WAXP) is now live on VNDC Wallet from today, August 27th. Right after WAXP is listed, users can perform the following functions with WAXP:
- Off-chain transactions: Send, receive WAXP with other users on the same system.
- Exchange: Swap from VNDC to WAXP and vice versa.
About WAX
WAX (short for Worldwide Asset Exchange) is a decentralized trading platform that allows users to trade virtual assets in online games. WAX’s goal is to be a global peer-to-peer marketplace that provides secure and convenient solutions to create, buy, sell and trade virtual items for anyone anywhere in the world.
Wax officially launched in 2017 and was developed by William Quigley, CEO of Cashel Enterprises and co-founder of many crypto market companies, including Tether and GoCoin. Known as the “King of NFTs,” WAX is attracting more and more attention from investors and promises to bring a lot of development potential in the future.
Website: https://on.wax.io/wax-io/
What is WAXP token?
WAX token (WAXP) is a utility token of the WAX ecosystem. WAX tokens were initially issued under the ERC-20 standard on Ethereum. However, now WAX is taking place on the Mainnet and allowing users to swap from ERC-20 to native tokens operating on their WAX blockchain. WAXP is used for the following purposes:
- Used as a currency to trade NFTs, virtual items.
- Used as a gas fee inside the network.
- Used to reward Guilds for validating and generating blocks.
Specifications of Wax Token ERC20
- Name: WAX Token
- Symbol: WAXP
- Platform: Ethereum
- Standard: ERC-20
- Smart Contract Address: 0x39Bb259F66E1C59d5ABEF88375979b4D20D98022
- Type: Utility Token
Specifications of Wax Native Token
- Name: WAX Token
- Symbol: WAXP
- Platform: WAX Blockchain
- Chain ID: 1064487b3cd1a897ce03ae5b6a865651747e2e152090f99c1d19d44e01aea5a4
- Type: Utility Token
WAXP is listed on some of the largest cryptocurrency exchanges like Huobi, Upbit, Bittrex, KuCoin… At the time of writing, WAXP is ranked #115 on CoinMarketCap:
WAXP Price | 8,598 VNDC |
Market Cap | 650,005,275 USD |
24h Trading Volume | 587,157,222 USD |
Circulating Supply | 1,720,000,000 WAXP |
Total Supply | 3,775,952,587 WAXP |
Trading WAXP on VNDC Wallet
At the moment, users can perform the following features with WAXP on VNDC Wallet:
- Off-chain transactions: Send, receive WAXP with other users on the same system.
- Exchange: Swap from VNDC to WAXP and vice versa.