WAX Price and Market Data
Today's live WAX price is $0.0186 USD**, with a 24-hour trading volume of **$5,166,867 USD. Key metrics:
- Market Cap: $65,011,643 USD
- Circulating Supply: 3,504,099,552 WAXP
- 24h Change: -2%
- Market Rank: #589
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What Is WAX?
WAX (Worldwide Asset Exchange) is a decentralized blockchain platform designed for virtual asset trading. Developed by the founders of OPSkins, it serves 400+ million gamers and digital collectors by enabling secure, trustless marketplaces.
Core Features:
- Tokenization: Convert virtual goods into tradable assets.
- Smart Contracts: Facilitate peer-to-peer transactions without intermediaries.
- Global Marketplace: Supports cross-border payments and low-fee trading.
WAX Use Cases and Partnerships
1. dApp Performance
WAX offers fast transaction finality, critical for decentralized applications (dApps) requiring user guarantees and security.
2. Amazon Prime Gaming Collaboration
Exclusive Web3 games like Brawlers and in-game items were introduced to Amazon’s audience, bridging traditional and blockchain gaming.
3. NFT Innovations
- AMC Entertainment: Launched limited-edition NFTs with ticket discounts.
- Bernie Sanders Memes: Iconic memes tokenized on WAX, boosting cultural traction.
WAXP Conversion Rates (1 WAXP)
| Currency | Rate |
|----------------|------------|
| USD | $0.0186 |
| EUR | €0.0164 |
| JPY | ¥2.65 |
| GBP | £0.0140 |
FAQ
Q1: How does WAX ensure transaction security?
A: WAX uses blockchain-based smart contracts to eliminate fraud risks and provide immutable records.
Q2: Can WAXP be staked?
A: Yes! WAX holders can stake tokens to earn rewards and participate in network governance.
Q3: What makes WAX unique for gamers?
A: Its low fees, high speed, and partnerships (e.g., Alien Worlds metaverse) cater specifically to virtual economies.
Future Outlook
WAX continues to expand its ecosystem through strategic alliances and developer-friendly tools, positioning itself as a leader in digital asset exchange.