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How to buy Waves (WAVES) in Australia

Learn how to buy Waves (WAVES) on 18+ crypto exchanges in our step-by-step guide.

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Binance Australia

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  • Trade WAVES and 375 other cryptos.
  • Earn yield on your crypto holdings.
  • Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.
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Waves (WAVES) is the 250th largest cryptocurrency by market cap, valued at US$251,994,329.

Waves is a highly volatile asset capable of major price swings in a single day. Today WAVES is trading for $2.52 USD, which is lower than yesterday's trading price of $2.53 USD. Over the past year, Waves's price has seen an increase of 22%.

So before you buy Waves, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Waves.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Waves in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Waves is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Waves
    You can now exchange your funds for Waves. On beginner-friendly exchanges, this is as simple as entering the AUD or WAVES amount you want to purchase and clicking "buy".
  5. Secure your Waves
    Consider transferring your WAVES to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Waves in Australia

Find an exchange to buy, sell and trade WAVES by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 16
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Apple Pay, Google Pay, SWIFT

7

235

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID

1

447

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
Swyftx
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID

3

352

Get $20 in BTC when you verify your account. T&Cs apply.

Capital at risk

View details
Finder Award
OFFER
Binance Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID, Simplex, Banxa, Apple Pay, Google Pay

82

376

Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

785

Finder exclusive: Get up to $200 BTC when you complete certain steps on sign up. T&Cs apply.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Waves guide up-to-date

  • WAVES price data is regularly updated through data feeds so you always have the latest information.

What is Waves?

The Waves platform aims to bridge the gap between traditional and blockchain-based financial systems, facilitating the trading of national currencies and precious metals such as gold and silver on the blockchain. It also hopes to open up the blockchain to crowdfunding efforts, among other applications.

Transaction fees on the Waves platform are paid using a wide variety of cryptocurrencies as well as the WAVES token, which is available for trading on several exchanges.

How do I find the best places to buy Waves?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Waves?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Waves.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing WAVES with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Waves?

Once you've created an account, you will need to deposit funds to buy WAVES with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy WAVES:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase WAVES by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for WAVES on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Waves?

The easiest way to buy WAVES is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying WAVES, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Waves has been performing recently.

Best Waves wallets to store your WAVES

You can keep your WAVES on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your WAVES below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Waves a good investment?

Note that there are inherent risks in cryptocurrency trading because of the speculative nature of the cryptocurrency market, which accounts for the volatility of coin prices. Before buying WAVES, consider the following factors:
  • Supply. According to the Waves platform, WAVES has a total supply of 100,000,000.
  • The goals of the Waves platform. The company behind WAVES hopes to attract companies looking to harness the blockchain for their own purposes, like crowdfunding and loyalty programs. Using the Waves wallet and their supply of WAVES tokens, companies can take advantage of the Waves DEX to exchange, release and mine their own tokens. The Waves platform intends to make the blockchain accessible to everyone and remove any hindrances to the development of blockchain applications of any kind.
  • Performance. You can study patterns behind the rise and fall of WAVES prices before you decide to purchase the token. However, you should take note that you may not be able to accurately predict future performance based on past performance.

Today's Waves price versus ATH

Compare today's price of Waves ($2.52 USD) against its all-time-high price of $61.3 USD on 31 March 2022. The closer the bar is to 100%, the closer WAVES is to reaching its ATH again.

Waves's price: $2.52 USD
ATH date: March 31, 2022
4.11%

Waves ATH: $61.3 USD


How to trade, convert or sell Waves

You can convert or sell your WAVES with the same exchange you bought it through:
  1. Sign in to the exchange you have WAVES on.
  2. If you store your Waves in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of WAVES you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Waves.
  6. Complete your transaction and move your WAVES to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Waves, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of WAVES is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Waves or any other cryptocurrency discussed.

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