How to convert WAVES to BTC

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Beaxy allows you to trade WAVES with convenience and peace of mind. Our user interface is customizable and can be optimized for beginners and experts alike. Reduce your risk by storing WAVES in our custodied wallets.

To access all of Beaxy’s features:

– Register at Beaxy.com/register

– Complete Verification

– Fund your account – Make a deposit or buy crypto with your credit or debit card

– Start Trading!

Trading WAVES on Beaxy is enhanced by dozens of features including unique custody for listed assets, advanced order types, professional charting tools, credit card and debit card purchase options, and FIAT onboarding and offboarding. Trade on Beaxy with your national currency and leverage these features to enhance your trading experience!

Converting WAVES to other currencies

Want to convert WAVES to your national currency? Check the converter above to see what the conversion rate is. Simply select your national currency to see what the price of WAVES is. The best part is you can place an order for WAVES directly from the converter once you select your currency!

About WAVES:

The digital currency and protocol were founded in 2016 by Alexander Ivanov, a Russian  physicist, following an initial token sale that supplied the project with 30,000 BTC. The waves network launched later that year with a feature that promotes the creation and maintenance of digital currency. The following year, Waves began to work with Microsoft Azure and went on to form an official partnership with Deloitte. Towards the end of 2017, Waves released a new consensus protocol called Waves-NG. The new consensus protocol increased transactional throughput to 100 transactions per second. The Waves team also released a mobile application in 2018. The mobile application includes most of the platform’s most popular features. WAVES is the base currency that fuels the Waves exchange and platform, a public network and decentralized protocol that makes the process of developing and implementing decentralized applications and customized tokens simple and accessible. Waves features on-chain governance, Formal Verification for smart contracts, and Leased Proof-of-Stake to ensure network consensus. The Waves smart contract platform enables atomic swaps, oracles, voting, and more. Businesses can build tokens on the Waves platform that are used to make payments for goods and services within their ecosystem. The supply of WAVES tokens was fixed at 100,000,000 until 2019 when a block reward of 6 WAVES per block was instituted by the token holders who voted on the matter. Now, the block reward is altered consistently. Every time that 100,000 blocks are made on the WAVES protocol, the miners of the network have a 10,000 block window where they can vote to increase or decrease the block reward by 0.5 WAVES for the next mining period. The miners can also choose to leave the block reward unchanged for the following mining cycle.

There are currently 100,000,000 WAVES tokens in the outstanding circulating supply. All the outstanding tokens were created when the WAVES token was initially launched. Of the total circulating supply of tokens, 85,000,000 or 85% of them were distributed to the buyers who participated in the token sale. 9,000,000 or 9% of the tokens were given to the development team that built the WAVES protocol and digital currency. 4,000,000 or 4% of the tokens were distributed to strategic partners and advisors of the WAVES project. 1,000,000 or 1% of the tokens were paid to those that found significant bugs in the platform after the token sale had taken place. An additional 1,000,000 tokens or 1% of the total supply was given to early adopters, supporters, and influencers who helped get the WAVES project off of the ground. The WAVES token is well known and frequently trades at least $30,000,000 in global volume each day. The WAVES token traded at it’s highest price ever of $18.07 on December 19th, 2017.

If you would like to buy or sell the WAVES token. Log in or create an account on Beaxy, complete verification, deposit funds and navigate to the WAVES-BTC trading pair.