How to Buy Waves (WAVES)
A platform for creating new kinds of cryptocurrencies and decentralized applications (dapps), the Waves blockchain is long on technical ambition.
But, that doesn’t mean only developers may be interested in buying WAVES. In fact, the Waves team wants to make building on its platform as easy as traditional web development, so that they can build dapps that reach the widest possible number of users.
If you’re new to the Waves blockchain, consider reading our ‘What is Waves?’ guide for a deeper dive on what makes its technology and vision unique.
If you’re already sold on buying WAVES, and adding it to your portfolio, a global exchange like Kraken can be an ideal venue for buying WAVES given our robust tools and deep liquidity.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and buy some WAVES!
Why buy WAVES?
Dapps may be the Waves blockchain’s primary case, but that’s not the only reason to consider adding WAVES to your portfolio.
Reasons to buy WAVES
- Diversify your long-term investment strategy
- Execute smart contracts on the Waves blockchain
- Invest in blockchains designed for easy dapp development
- Raise money to start a new cryptocurrency project.
Where can I buy WAVES?
There are a number of ways you can buy WAVES. For example, you might purchase it directly from another individual in person or over the web. You can also try to locate a crypto ATM.
However, many find that it is easiest to purchase it through an exchange, like Kraken.
Aside from offering a simple interface and the lowest fees, Kraken is constantly rated one of the most secure crypto exchanges. This matters because if you lose the private key to your WAVES, it can be nearly impossible to recover your funds.
At Kraken, we take security seriously, with an expert team working round-the-clock to protect client funds. We do not compromise when it comes to security, and neither should you.
How much WAVES can I buy?
Looking to buy WAVES on a budget? Don’t worry, Kraken offers a minimum order size of 2 WAVES to help you gain exposure to a variety of assets.
Of course, you can also execute larger WAVES buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 10,000 WAVES or more on Kraken.
How to buy WAVES on Kraken
Follow the steps below to start buying WAVES on Kraken:
Sign up for a Kraken account.
Enter your email address, create a unique username and set a strong password on your account using our recommended guidelines.
Verify your account.
By adding information like your name, date of birth, country and phone number to your account, you can start buying WAVES with a range of cryptocurrencies. To use fiat currencies, however, you’ll need to provide supporting documents verifying your identity. You can get a more detailed dive into our verification levels here.
Deposit fiat currency.
You can fund your account in a number of ways. How you do so will depend upon your location and preferences.
Once your account is funded with fiat, you’re ready to purchase your first Ether. At this point, you’ll gain access to a lot of other great Kraken features as well, including advanced charting tools and the ability to utilize margin*.
*Availability of margin trading services is subject to certain limitations and eligibility criteria.
24/7/365 Customer Support
Trading is really pretty simple! If you have any questions about buying WAVES, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
Where to keep your WAVES
Once you buy WAVES, you’ll need somewhere to safely store your cryptocurrency, especially if you’re not intending to spend it right away.
Kraken prides itself on security, but it’s always safest to store your WAVES in a dedicated wallet, a software or hardware application designed to protect the private keys to your WAVES.
There are many types of WAVES wallets available. Mobile and web wallets can make spending easy, while hardware wallets are perhaps best suited for long-term investment.
Kraken is not a wallet service
It is important to note that Kraken is an exchange service and not a wallet service. So while we do allow you to hold WAVES in your account, we encourage you to consider holding the crypto you purchase in multiple wallets according to your needs.
Start buying WAVES
A world of decentralized applications is out there waiting, so if you’re ready to contribute, click the button below to buy WAVES on Kraken today!