WAX is a blockchain for digital commerce, games and NFTs; WAXP is its native coin. Today's native WAXP should not be confused with the project's historical Ethereum-issued WAX token or with individual game and collectible tokens created on WAX.
nft gaming WAX
WAX
(WAXP)
WAX is a blockchain for digital commerce, games and NFTs; WAXP is its native coin. Today's native WAXP should not be confused with the project's historical Ethereum-issued WAX token or with individual game and collectible tokens created on WAX.
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What is WAX?
Answer sources checked
20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.
How does WAX work?
WAX uses delegated proof of stake, with token-holder voting helping select block producers. Account activity consumes resources called CPU, NET and RAM rather than following Ethereum's ordinary gas model. PowerUp provides temporary execution resources, while staking and governance serve different participation needs.
Who created WAX?
WAX was founded in 2017 by William E. Quigley and Jonathan Yantis, according to its official introduction. Its blockchain is operated by participating block producers, so the founders' identities should not be mistaken for a guarantee over transactions, wallet services or third-party games.
What is WAX used for?
WAXP supports account funding, blockchain resources, transfers and network governance on WAX. The chain also hosts NFT marketplaces and games, but owning WAXP does not automatically grant ownership of a particular collectible, game asset or revenue stream from those applications.
Where can you buy WAX?
Look for a platform that currently supports WAXP and permits your account and region to trade it. Verify availability on that platform's official website, including WAX mainnet withdrawals. A historical listing or a similarly named Ethereum token does not establish that native WAXP can be withdrawn today.
WAX exchange reference guides
Before you buy| Exchange | Observed pairs | Catalogue status | Checked (UTC) | Checklist |
|---|---|---|---|---|
| Binance | WAXPBNB, WAXPBTC, WAXPBUSD + moreBinance.com global public spot catalogue; not Binance.US or regional/account access | Reported open | Check route | |
| OKX | WAXP-EUR, WAXP-USDC, WAXP-USDTOKX public SPOT instruments joined to the first thirty-eight global ALL market pages plus three existing category pages. Only explicit SPOT rows with matching API trade ID and base symbol supply names; stocks, swaps and unknown products are excluded. Bounded identity coverage, not regional/account, funding, contract or withdrawal eligibility. | Reported open | Check route | |
| Bybit | WAXPUSDTBybit global public crypto SPOT instruments with empty symbolType only, joined to the provider-declared CoinGecko ID mapping and exact symbol/full name on its English price page. Price-page coverage is bounded; unmatched identities stay unknown. Not regional, account, funding, contract or withdrawal eligibility. | Reported open | Check route | |
| Gate.io | WAXP_USDTGate global normal spot currency-pair catalogue and embedded full names from api.gateio.ws; premarket excluded; not Gate.US/EU/Dubai, account, region or funding eligibility | Reported open | Check route | |
| Binance.US | WAXPUSD, WAXPUSD4, WAXPUSDTBinance.US public spot exchangeInfo plus its own price-page JSON-LD full names and ticker identifiers; not Binance.com, One Click Buy, state, funding or account eligibility. | Reported open | Check route | |
| MEXC | WAXPUSDTMEXC public spot exchange information; API permission is separate from catalogue membership and account access | Reported open | Check route | |
| Upbit | BTC-WAXP, KRW-WAXPUpbit Korea public spot market list; not Singapore, Indonesia, Thailand or account eligibility | Listed; execution unknown | Check route |
How to buy WAX
Plan your purchaseHow much WAX?
How can you buy WAX safely?
Confirm WAXP, the supported withdrawal network and the receiving WAX account name before funding a purchase. Check any required memo and withdrawal minimum, then test the route with a small amount. Obtain wallet software through official links and reject requests for private keys or recovery material.
Can you buy a fraction of WAX?
Yes, native WAXP supports fractional amounts. WAX's official transfer example uses 0.00000001 WAX for the native coin; that denomination example is not a platform's minimum order. Buying and withdrawing still depend on provider limits, while account creation and CPU, NET or RAM resources can require separate funding.
How much does it cost to buy WAX?
The purchase cost combines the WAXP amount at the quoted rate with platform spreads, trading and payment charges. If withdrawing to a new account, also check account setup and resource requirements. CPU, NET and RAM costs are separate from the exchange's own withdrawal charge.
How much is one WAX worth?
Use this site's timestamped dynamic reference panel for a WAXP market quote, checking its update time. That quote does not by itself price the CPU, NET or RAM resources needed for a particular WAX account action. Review resource requirements separately from the token purchase, platform spread and withdrawal charges.
Is WAX a good investment?
WAXP carries price, liquidity, ecosystem-demand and custody risks; NFT or gaming adoption does not guarantee its value. Resource and issuance policies also matter, and a game operator can fail independently of the chain. No purchase size makes the asset universally safe. This is not financial advice.
Compare two order previews
Use WAXP credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.
Which quote delivers more WAXP?
Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.
WAX wallets & storage
How do you get a WAX wallet?
Use a wallet with native WAX support, such as an option linked from the official wallet guide, and create or import your WAX account. Understand whether recovery relies on passkeys, a phrase, private keys or a backup file before funding it. An Ethereum address is not your WAX account name.
How can you store WAX securely?
Protect the recovery method and signing permissions for your WAX account, not just its browser login. Keep sensitive backups offline where appropriate, verify wallet downloads and avoid unnecessary high-authority permissions for everyday app use. My Cloud Wallet and a key-controlled wallet may have different recovery and custody arrangements.
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Sending & cashing out WAX
Match your networks
For WAXP, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.
Enter both network names
Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.
How do you send WAX to another wallet?
Send native WAXP to the recipient's verified WAX account name using WAX mainnet. Include a memo when the receiving service specifically requires one, review the amount and action, and ensure your account has sufficient execution resources. Test an unfamiliar destination before sending a larger balance.
How long does a WAX transfer take?
A WAX transfer needs to be accepted by the network and included by its block producers; an exchange can then apply its own crediting checks. Resource shortages may prevent submission rather than simply make it slower. Check the transaction record and receiving service instead of relying on a guaranteed arrival time.
How much does it cost to send WAX?
Sending WAXP uses CPU and NET resources, while storing account data can involve RAM. PowerUp and other resource arrangements therefore matter more than an Ethereum-style gas estimate. Check the wallet's current resource and cost display; an exchange or application may additionally charge its own service fee.
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Can you cash out WAX for real money?
You may sell WAXP through a platform that currently supports both your deposit network and an available fiat withdrawal method. Confirm regional eligibility, the WAX account name and any deposit memo first. Selling an NFT for WAXP is not itself a cash withdrawal, and platform processing adds separate steps.
Is WAX traceable?
WAX activity is recorded on a public blockchain, so account transfers and app interactions should not be treated as anonymous. An account name is not proof of a person's identity, but transactions and service records can connect activity to an owner. Wallet security does not hide the chain's transaction history.
Supply, mining & staking
What is the maximum supply of WAX?
Do not treat WAX's original native-token allocation as a verified permanent maximum. The official historical swap terms describe an initial allocation and permit additional issuance, so supply can change through network policy. Check current chain supply and governance information rather than reusing an old ERC-20 supply figure.
Can you mine WAX?
You cannot mine WAXP through proof-of-work hardware in the way Bitcoin is mined. WAX uses delegated proof of stake and elected block producers instead. Resource staking, governance participation and a game's reward campaign are different activities, even when an interface loosely calls them mining.
Can you stake WAX?
WAXP can be staked for resource and governance participation, but this is not the same as temporarily obtaining CPU and NET through PowerUp. Verify the current interface, voting requirements, withdrawal conditions and reward rules. Third-party liquid-staking or yield products add separate contract and custody risks and do not guarantee returns.