Real-time WAVES price analysis
The current price of Waves in real time is $2.43and its trading volume is equal to US$55,238,593 in the last 24 hours. WAVES price has grew by
4.41%
on the last day and increased by
7.47%
in the last 7 days. It is important to note that Waves’ current market capitalization is US$276,921,346Speaking of working resources, WAVES has 113 896 576 coins. Waves’ current market rating is #202.
Waves price today
96.10%
below
always on top and that’s it
1881.79%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling WAVES are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What are waves (WAVES)?
WAVES is a native sign “Volny” network. This is a blockchain platform that provides users with possibility of developing your own tokens as it supports smart contracts and decentralized applications (dApps). The tokens can then be used for crowdfunding, loyalty programs, or as in-app currency. If you want to see the current price of WAVES, be sure to take a look at the Waves price chart above.
The Wave network uses a special version Proof of Stake a consensus mechanism called Waves-NG. The protocol is based on Bitcoin-NG to increase the throughput of the Waves blockchain.
Waves-NG allows the miner to continuously farm the so-called liquid block, which increases during mining. It consists of a key block and a chain of microblocks. The creation of a key block starts a mining round.
Consensus is used to determine the address miner which is indicated in each key block. Key block created only using proprietary information (miner’s public key, miner’s proof, etc.) and without transactions. Microblocks, on the other hand, are created only with transactions, but without service information. Each microblock is connected to the previous one and is formed every five seconds before the next block.
To become a miner, a user must have at least 10,000 WAVES tokens. However, other WAVES holders can support the miners by lending their tokens. This is done thanks to Leased Proof of Stake (LPoS) consensus mechanism used by the Waves network. This allows WAVES token holders to lease their tokens to mining nodes and receive a portion of the mining rewards. In addition, by renting out tokens, they help increase the weight of miners’ stakes.
Founders of the Waves network
The Waves network was launched in 2016 by Alexander Ivanov (Sasha Ivanov). He is a scientist with a degree in physics. Before getting involved in the cryptocurrency industry, Ivanov was developing software for Internet payment systems and neural network forecasting of financial markets. However, when he entered the industry, he introduced the first instant cryptocurrency exchange called Coinomat, a stablecoin called CoinoUSD, and the first tradable crypto index called Coinoindex.
Purpose of WAVES coins
WAVES coins are the driving force behind the Waves network. WAVES coins are mainly used for reward block generators with transaction fees and block rewards.
However, when users create their own tokens on the Waves network, they can also use WAVES tokens to create trading pairs with your tokens on Waves DEX.
Additionally, WAVES tokens act as collateral for USDN stablecoins. USDN runs on the Neutrino protocol., which is based on the Waves network. It is an algorithmic, price-stable activation protocol that allows users to develop stablecoins.
Again, be sure to check the Waves price chart as it displays the current price of WAVES.
Supply of WAVES coins
WAVES’ initial supply was 100 million coins. During the initial coin offering (ICO), 85 million coins were sold. The remainder of the supply was distributed among the development team, strategic partners, sponsors, early backers and post-ICO rewards.
If you are thinking about purchasing WAVES tokens, please keep in mind that WAVES price is subject to fluctuations. This is due to the fact that the price of WAVES is affected by fluctuations in the entire crypto market in the same way as the prices of other digital assets.
What is the Waves trading volume in the last 24 hours?
WAVES has trading volume US$55,238,593 in the last 24 hours.
What is the highest price ever for Waves?
WAVES has the highest price $62.36which was achieved at March 31, 2022 (1 year 10 months ago).
What is the lowest price for Waves?
WAVES has the lowest price US$0.1227which was achieved at August 02, 2016 (7 years 6 months ago).
Which exchanges are best for buying and selling WAVES?
Currently the most active and dominant exchanges for buying and selling Waves are Binance, Kraken & Kucoin. The most popular Waves trading pairs WAVES/USDT
(on
Binance
),
WAVES/KRW
(on
Upbit
),
WAVES/USDT
(on
Huobi Global
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing WAVES?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Waves. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
