Convert and Swap WAX WAXP to United States Dollar USD
WAXP/USD: 1 WAX equals $0.0425 USD
WAX (WAXP) is not tradable on Coinbase.
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Last update: 4:16 AM, December 23, 2024
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Trade WAX on DEX
WAX can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.
WAX is falling this week.
The current price of WAX is $0.0425 per WAXP. With a circulating supply of 3,645,516,736.697 WAXP, it means that WAX has a total market cap of $155,020,382.61. The amount of WAX traded has risen by $5,277,374.91 in the last 24 hours, which is a 30.43% increase. Additionally, in the last day, $17,343,253.02 worth of WAXP has been traded.
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About WAX
WAX (WAXP) is a purpose-built blockchain, launched in 2017, that aims to streamline e-commerce transactions, making them faster, simpler, and safer for all parties involved. The WAX blockchain utilizes a delegated proof-of-stake (DPoS) consensus mechanism and is fully compatible with EOS. WAX has developed a suite of blockchain-based tools upon which decentralized application (DApp) marketplaces and non-fungible tokens can be built. Services such as WAX Cloud Wallet, SSO, and OAUTH are designed to support e-commerce operations. The WAX blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers, and incentivizes participation in the selection of block producers and improvement proposals through voting rewards.
WAX operates using a WAXP-to-Ethereum (ETH) bridge that allows WAXP token holders to convert their tokens into WAXE, an Ethereum-based ERC20 utility token. To participate in WAX tokenomics, users need to burn their WAXP tokens to get WAXE through the Ethereum bridge. They then stake the WAXE tokens on the Ethereum distribution contract. WAXG, an Ethereum-based ERC-20 governance token, is distributed to WAXE stakers based on a set timetable and is proportionate to the percentage of the WAX Economic Activity pool. WAXG token holders can govern the allocation and distribution of economic value on the platform.
WAX aims to optimize the blockchain’s utility specifically for use in e-commerce. It provides a suite of blockchain-based tools that can be used to build decentralized application (DApp) marketplaces and non-fungible tokens. Services such as WAX Cloud Wallet, SSO, and OAUTH are designed to support e-commerce operations. WAX also features a WAXP-to-Ethereum (ETH) bridge that allows WAXP token holders to convert their tokens into WAXE, an Ethereum-based ERC20 utility token. This functionality opens up a range of potential use cases in the realm of e-commerce and beyond.
WAX was co-founded by William Quigley and Jonathan Yantis. Quigley, a Harvard MBA graduate, worked at Disney before becoming a venture capitalist and eventually the managing director at Idealab. He also serves as the managing director at Magnetic. Yantis, on the other hand, serves as the chief operating officer at WAX and at OPSkins. Since its launch in 2017, WAX has been striving to make e-commerce transactions faster, simpler, and safer for all parties involved. It has developed a suite of blockchain-based tools and services to support e-commerce operations and incentivize participation in the selection of block producers and improvement proposals.
How WAX and United States Dollar differ
WAX (WAXP) and the US Dollar (USD) are fundamentally different in their nature and functionality. WAX, a purpose-built blockchain launched in 2017, aims to streamline e-commerce transactions, making them faster, simpler, and safer. It uses a delegated proof-of-stake (DPoS) consensus mechanism and is compatible with EOS. WAX has developed a suite of blockchain-based tools for building decentralized application (DApp) marketplaces and non-fungible tokens. It also offers services like WAX Cloud Wallet, SSO, and OAUTH to support e-commerce operations. On the other hand, the US Dollar is a traditional fiat currency issued and regulated by the Federal Reserve. It is used for all types of transactions, not just e-commerce, and does not rely on blockchain technology or consensus mechanisms. Unlike WAX, which incentivizes participation through voting rewards, the US Dollar does not offer such incentives. Furthermore, WAX operates using a WAXP-to-Ethereum (ETH) bridge that allows WAXP token holders to convert their tokens into WAXE, an Ethereum-based ERC20 utility token, a functionality that the US Dollar does not possess.
Frequently asked questions
How much is 1 WAX in USD?
Right now, 1 WAX is worth about $0.0425.
How much WAXP could I buy for 1 USD?
Based on the current rate, you could get 23.5 WAXP for 1 USD.
How much has the price of WAX changed?
WAX price has been on the rise. Since yesterday, the exchange rate of WAX has increased. Since last month, the exchange rate of WAX has decreased. Since this time last year, the price of WAX has decreased.
How do I calculate or convert WAXP to USD?
You can use our WAXP to USD calculator at the top of this page to convert any amount of WAXP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 117.52 WAXP. Inversely, 5 WAXP will cost about $0.21
How can I buy 1 WAX on Coinbase?
WAX is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy WAX.
What are assets similar to WAX that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to WAX, including AIOZ Network, Balancer, and Sleepless AI. For a more robust list of assets to explore, jump to the asset page dedicated to WAX.
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WAXP to United States Dollar conversion tables
The exchange rate of WAX is increasing.
The current value of 1 WAXP is $0.04 USD. In other words, to buy 5 WAX, it would cost you $0.21 USD. Inversely, $1.00 USD would allow you to trade for 23.50 WAXP while $50.00 USD would convert to 1,175.22 WAXP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.51%. Meanwhile, in the last 24 hours, the rate has changed by 1.96%, and that the the highest exchange rate of 1 WAXP to United States Dollar was $0.0427 USD and the lowest 24 hour value was 1 WAXP for $0.0397 USD. This time last month, the value of 1 WAXP was $0.04 USD, which is a 4.38% increase from where it is now. Looking back a year, WAX has changed by $0.07 USD. That means that in a single year, the value of WAX has shrank by 44.58%.
WAXP to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0403 USD | 1.96% | $0.0522 USD | -18.51% | $0.0445 USD | -4.38% | $0.0744 USD | -44.58% |
WAXP to USD
Amount | Today at 4:16 am |
|---|---|
0.5 WAXP | $0.0213 |
1 WAXP | $0.0425 |
5 WAXP | $0.2127 |
10 WAXP | $0.4255 |
50 WAXP | $2.1273 |
100 WAXP | $4.2545 |
500 WAXP | $21.2725 |
1,000 WAXP | $42.5451 |
USD to WAXP
Amount | Today at 4:16 am |
|---|---|
0.5 USD | 11.75 WAXP |
1 USD | 23.50 WAXP |
5 USD | 117.52 WAXP |
10 USD | 235.04 WAXP |
50 USD | 1,175.22 WAXP |
100 USD | 2,350.45 WAXP |
500 USD | 11,752.24 WAXP |
1,000 USD | 23,504.48 WAXP |
Today vs. 24 hours ago
Amount | Today at 4:16 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WAXP | $0.0213 | $0.0201 | +5.65% |
1 WAXP | $0.0425 | $0.0403 | +5.65% |
5 WAXP | $0.21 | $0.20 | +5.65% |
10 WAXP | $0.43 | $0.40 | +5.65% |
50 WAXP | $2.13 | $2.01 | +5.65% |
100 WAXP | $4.25 | $4.03 | +5.65% |
500 WAXP | $21.27 | $20.14 | +5.65% |
1,000 WAXP | $42.55 | $40.27 | +5.65% |
Today vs. 1 month ago
Amount | Today at 4:16 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WAXP | $0.0213 | $0.0222 | -4.29% |
1 WAXP | $0.0425 | $0.0444 | -4.29% |
5 WAXP | $0.21 | $0.22 | -4.29% |
10 WAXP | $0.43 | $0.44 | -4.29% |
50 WAXP | $2.13 | $2.22 | -4.29% |
100 WAXP | $4.25 | $4.44 | -4.29% |
500 WAXP | $21.27 | $22.22 | -4.29% |
1,000 WAXP | $42.55 | $44.45 | -4.29% |
Today vs. 1 year ago
Amount | Today at 4:16 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WAXP | $0.0213 | $0.0372 | -42.76% |
1 WAXP | $0.0425 | $0.0743 | -42.76% |
5 WAXP | $0.21 | $0.37 | -42.76% |
10 WAXP | $0.43 | $0.74 | -42.76% |
50 WAXP | $2.13 | $3.72 | -42.76% |
100 WAXP | $4.25 | $7.43 | -42.76% |
500 WAXP | $21.27 | $37.16 | -42.76% |
1,000 WAXP | $42.55 | $74.32 | -42.76% |
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