WAX /WAXP

What is WAX (WAXP)?

WAX (Worldwide Asset eXchange) is an environmentally friendly blockchain purpose-built for e-commerce, NFTs, gaming, virtual worlds, and digital collectibles. It runs on its own blockchain, WAX blockchain, which uses a Delegated Proof of Stake (DPoS) consensus mechanism to ensure fast, secure, and energy-efficient transactions.

The DPoS model allows WAXP token holders to vote for block producers (validators), enabling thousands of transactions per second while minimizing energy use—making WAX one of the most sustainable blockchains in the industry. Users stake WAXP tokens to access network resources, vote on governance, and earn rewards, while block producers validate transactions and maintain blockchain integrity.

WAX was founded by William E. Quigley and Jonathan Yantis and launched in 2017. The project emerged from OPSkins, a major digital goods marketplace founded in 2015, which aimed to decentralize the trading of virtual assets like in-game items. The WAXP token was launched alongside the network to power ecosystem activities, enable governance, and reward participation.

Key Features

• Delegated Proof of Stake (DPoS) → Fast, democratic, and energy-efficient consensus mechanism.
  
  
• WAXP Token → Native token used for transactions, staking, governance, and rewards.
  
  
• vIRL NFTs → NFTs linked to real-world physical items, reducing environmental impact from logistics.
  
  
• No Gas Fees → Processes up to 10,000 transactions per second with no transaction fees.
  
  
• Developer Tools → APIs, smart contract libraries, and the WAX Cloud Wallet make it easy for creators to launch dApps and marketplaces.
  
  
• Major Brand Partnerships → Collaborations with companies like Topps, Capcom, Atari, Funko, Lionsgate, and entertainers like Deadmau5.
  
  
• Cross-chain Bridges → Enables NFT and token transfers between WAX and other blockchains.
  
  

What is WAXP Token?

WAXP is the native utility token of the WAX blockchain, used to power transactions, staking, and governance. It enables users to trade NFTs, interact with dApps, vote for block producers, and earn staking rewards, making it a core element of WAX’s fast, energy-efficient, and community-driven ecosystem.

Where to Buy WAXP token?

You can buy WAXP on major Crypto exchanges like Binance, LBank, OKX, KuCoin, BitMart, Gate.io, MEXC, and Bybit, as well as on decentralized platforms like Uniswap and Alcor. These platforms offer WAXP trading mainly against USDT, BTC, KRW, EUR, INR, and other pairs.

Top wallets that support WAXP coins?

When choosing a wallet for WAX Token (WAXP), it’s important to consider security, convenience, features, and fees. Some of the best and most popular options include Trust Wallet, Ledger, imToken, MetaMask, Torus, Coinbase, TokenPocket, iToken Wallet, Assure Wallet, SafePal, BRD Wallet, Coinhub, OKX Wallet, SimpleHold Wallet, Portis, WalletConnect, Fortmatic, Ambire Wallet, Binance Wallet, Coin98, FILWallet, Halo Wallet (KuCoin Wallet), Wirex Wallet, XDEFI Wallet, Bitcoin Wallet, Bitget Wallet, FoxWallet, Gem Wallet, Moonlet Wallet, Argent Wallet, belo wallet, and Blocto Wallet. Hardware wallets like Ledger offer top-tier security, while mobile and web wallets such as Trust Wallet, MetaMask, and Coinbase provide flexibility and ease of use for everyday users.