Waves (WAVES) Hits Market Capitalization of $122.87 Million

Waves (WAVES) traded up 3.1% against the dollar during the one day period ending at 18:00 PM Eastern on October 29th. Waves has a market capitalization of $122.87 million and $12.63 million worth of Waves was traded on exchanges in the last day. During the last seven days, Waves has traded down 3.4% against the dollar. One Waves coin can now be bought for about $1.06 or 0.00001454 BTC on popular exchanges.

About Waves

Waves (CRYPTO:WAVES) is a LPoS coin that uses the Leased POS hashing algorithm. It launched on April 12th, 2016. Waves’ total supply is 116,046,628 coins. The Reddit community for Waves is https://reddit.com/r/wavesplatform and the currency’s Github account can be viewed here. Waves’ official Twitter account is @wavesprotocol and its Facebook page is accessible here. Waves’ official message board is forum.wavesplatform.com. Waves’ official website 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 possible to buy alternative cryptocurrencies such as Waves directly using US dollars. Investors seeking to trade Waves should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Waves using one of the aforementioned exchanges.

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