Waves price is up 9% today after dropping 29% last week: here’s where to buy it

WAVES price made major gains in the month of March when it more than quadrupled to trade above $54. However, it had been dropping since the start of April dropping from $54 to its current price of $23.26 before today’s U-turn.

To help investors and traders who want to invest in WAVES, Invezz has created a brief article explaining what it is, where to buy it, and its price prediction.

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Best places to buy waves

As WAVES is such a new asset, it’s yet to be listed on major exchanges. You can still purchase WAVES using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy WAVES right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for WAVES

Now that you’re connected, you’ll be able to swap for 100s of coins including WAVES.

What is WAVES coin?

WAVES coin is the native cryptocurrency of the Waves blockchain.

In a nutshell, the Waves blockchain is a multi-purpose blockchain platform that supports decentralized applications and the use of smart contracts. It was launched in June 2016 following the earliest initial coin offerings (ICOs) in the cryptocurrency industry.

Initially, Waves was built to offer solutions to some of the challenges of the blockchain industry, which include speed, utility, and user-friendliness. Today, Waves has undergone various changes and it is attracting a lot of blockchain developers of late.

Should I buy the WAVES today?

If you want to invest in a cryptocurrency is has dipped over the past twelve days but has a possibility of pulling a surprise surge, then WAVES could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

WAVES price prediction

After WAVES made a U-turn on its recent price dip, analysts are expecting its price to try to surge towards its all-time high above $54.

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