Waves Trading 2.1% Higher Over Last Week (WAVES)

Waves (WAVES) traded up 2.3% against the dollar during the twenty-four hour period ending at 22:00 PM ET on May 5th. One Waves coin can now be bought for $2.44 or 0.00003796 BTC on major cryptocurrency exchanges. Waves has a total market cap of $279.06 million and $29.74 million worth of Waves was traded on exchanges in the last 24 hours. During the last week, Waves has traded up 2.1% against the dollar.

About Waves

Waves is a LPoS coin that uses the Leased POS hashing algorithm. It was first traded on April 12th, 2016. Waves’ total supply is 114,517,096 coins. Waves’ official Twitter account is @wavesprotocol and its Facebook page is accessible here. Waves’ official message board is forum.wavesplatform.com. The Reddit community for Waves is https://reddit.com/r/wavesplatform and the currency’s Github account can be viewed here. The official website for Waves is waves.tech.

According to CryptoCompare, “Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, created by entrepreneur Sasha Ivanov in 2016. It provides backend support for Web 3.0 services and is designed to raise security, reliability, and speed of IT systems. Its purpose-designed tools make it easy and accessible to develop and run dApps, leveraging the properties of blockchain systems for security, auditability, verifiability, and trustless execution of transactions and business logic. Waves has released numerous successful blockchain-based solutions and has developed into a constantly-growing platform with a broad infrastructure.”

Buying and Selling Waves

It is usually not presently possible to purchase alternative cryptocurrencies such as Waves directly using U.S. dollars. Investors seeking to trade Waves should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Waves using one of the aforementioned exchanges.

WAVES/USD price chart by TradingView