How to buy WaykiChain (WICC) in Australia

A beginner's guide to buying and selling WICC in Australia.

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How to buy WaykiChain

Look for an exchange that supports both fiat and cryptocurrency to simplify buying WaykiChain.

  1. Open an account on an exchange that supports WICC.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy WaykiChain.
  3. Buy WaykiChain.
    Complete your WaykiChain purchase and then find the best wallet to store WICC.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is WaykiChain?

WaykiChain is a third-generation public blockchain that aims to create an unbiased ecosystem for people across the world. Focused on developing an enterprise-level solution, the blockchain has focused on finance-focused applications during its early stages. Industries targeted include decentralised predictions, assets trading and forex trading. The blockchain utilises WaykiChain’s 3-token economy model, a Delegated Proof-of-Stake (DPoS) consensus mechanism and sidechains to provide a blockchain infrastructure that is enterprise-ready.

The WICC coin is the fuel that powers the WaykiChain ecosystem. It can be considered to be a liquidity asset for the network. Holders of the token are also allowed to participate in the ledger node election. The coin can only be used and circulated in WaykiChain’s applications. You can obtain the token through voting, subscription, mining or transactions with other holders. It is important to note that WICC is not the governance token of this ecosystem. WaykiChain Governance Coin (WGRT) is the governance token and grants token holders the responsibility and obligation to participate in community governance.

WaykiChain (WICC) is the 772nd largest cryptocurrency in the world by market cap, valued at $23,965,068. The current price of WaykiChain is $0.114229, which is -0.018% lower than yesterday. Prices have ranged between $0.13218 and $0.109719 over the past 24 hours. All prices are listed in US dollars and accurate as of September 27, 2021 02:09 UTC.

Where to buy WaykiChain

Find an exchange to buy, sell and trade WICC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

811
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

279
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

226
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Bithumb Cryptocurrency Exchange
Cryptocurrency
KRW

191
cryptocurrencies

A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
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WaykiChain at a glance

Information last updated September 27, 2021 02:09 UTC.
Coin symbolWICC
Coin MarketcapUS$23,965,068
Total WICC supply210,000,000
Circulating WICC210,000,000
Current priceUS$0.114229

WaykiChain price performance over time

Historical prices compared with the price of US$0.114229.

1 hour -13.73%
24 hours -0.02%
7 days -0.13%
14 days -13.52%
30 days -32.29%
60 days -29.20%
200 days -34.51%
1 year -15.87%

How to sell WaykiChain

You can cash out your WICC with the same exchange you bought it through:

  1. Sign in to the exchange you have WICC on.
    If you store your WaykiChain in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of WICC you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of WaykiChain.

What to consider when buying WaykiChain

Due to the volatile and risky nature of cryptocurrencies as an asset class, it is essential to do thorough research before investing. Here are the key aspects you should be aware of before adding WICC to your investment portfolio:
  • Consensus mechanism. The network uses a combination of Delegated Proof of Stake (DPoS) and Practical Byzantine Fault Tolerance (PBFT) consensus algorithm to create a balance between overall performance and consensus efficiency. There are a total of 11 supernodes that secure and validate the network. These are selected through a voting process. The protocol claims to average over 3,300 transactions per second (tps) and claims a peak of over 7,800. A new block in the network is created every 3 seconds.
  • 3-token economy model. The network has the world’s first 3-token economy model where the bottom layer of the network is composed of the WICC asset, the stablecoin, WUSD and the governance token, WGRT. WUSD is used for the purpose of payments, token acceptance and asset valuation. WGRT is used for all governance mechanisms in the protocol and acts as a regulator in the system.
  • Supply. There is no cap on the maximum supply of WICC coins. The current circulating supply is 210 million.
  • Allocation. Out of the 210 million circulating tokens, 60% was allocated to public sale to guarantee sufficient liquidity. Out of the remaining 40%, 15% is reserved for the development team, operation team and the early investors, 15% is kept for strategic planning and 10% is allocated for private investors.
  • Ecosystem participants. There are various categories of participants within the network that investors should become familiar with. These pre-defined roles are called price feeder, pledgor, governor, liquidator and underwriter.

Disclaimer: Cryptocurrencies, including WaykiChain, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of WICC 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 WaykiChain or any other cryptocurrency discussed.

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