How to Buy Waves at Binance (WAVES) - Coin Street

This is a short guide to safely buying Waves (also known as WAVES coin) on the Binance exchange.  Binance is a fast-growing exchange where you can buy Altcoins (meaning “alternative coins”).

(Affiliate Disclosure: Some of the links in this post are affiliate links. At no additional cost to you, we’ll earn a commission if you decide to make a purchase after clicking through the link.  Read our Affiliate Disclosure.)

What is Waves

Gain access to the Waves platform’s solutions for storing, trading, managing and issuing your digital assets, easily and securely.

Waves NG is making the platform easier and faster. It allows us to handle hundreds of transactions per second and means we are the fastest blockchain in the world.

WAVES Token Details

Official Website: https://wavesplatform.com
Name:  Waves
Token:  WAVES
Total Supply: “Unknonw”
Circulating Supply: 100,000,000

Step 1 – Register at Binance

To buy the token, you first need to sign up at Binance.

First go to Binance.com.

how to buy altcoins at binance crypto exchange

Next you need to click on the “Create Account” link.

Go ahead and Register at Binance by adding your personal details.

how to sign up for binance platform

To sign up for Binance you’ll need a valid email address and create a secure password.

Step 2 – Activate Your Binance Account.

You’ll be asked to activate your account before you can log in on Binance.

Go to the email you entered and click on the link sent by Binance to complete the registration process.

register at binance

Step 3 – Log On to Your New Binance Account

Go back to Binance.com and use your new account details to log in.

Step 4 – Fund your Binance Wallet.

Before you can buy your new tokens, you need to have funds in your Binance wallet.

Note that you can’t send fiat currency direct to Binance.  Instead you need to send your favorite crypto (we recommend ETH or LTC due to low transaction costs and fast transfer times).

The easiest way is to buy crypto at Coinbase.com then send it to Binance.

How to Buy Bitcoin at Coinbase

Back at Binance, click the “Funds” link on the top menu bar, then the “Deposits” link on the sub-menu that pops up.

deposit ether at binance exchange wallet

You now need to find the deposit address for the specific type of crypto you are transferring over from Coinbase.

In this example we’re using ETH.

First, search for “ETH” in the search field.

Then click on the “Deposit” button.

how to deposit ethereum at binance crypto exchange

Now, copy the ETH Deposit Address and use that as the destination/outward address at your Coinbase account.

deposit address for how to fund binance

Wait a few minutes and the crypto (ETH in this case) will be credited to your Binance account.

Step 5: Trade your Ether for WAVES tokens.

Click on the ‘Exchange’ link at the top menu, next to the Binance logo.  Then click on the “Basic” option that is displayed on the drop-down sub-menu.

buy altcoins at binance

 

Search for the WAVES/ETH pair among the list displayed on the page.  Do this by selecting the “ETH” tab and searching for “WAVES” in the search box.

trading altcoins at binance

Under the WAVES/ETH chart, you’ll find the Buy WAVES section.

how to buy Waves (WAVES) at binance

The first box with the Price label displays how much ETH or fraction of ETH you pay to buy each WAVES token.

The second box with the Amount label is where you enter the number of WAVES tokens you plan to buy.

You can also use the percentage buttons to indicate what percentage of your funds you want to spend.  Clicking on the 100% button uses all the ETH in your account.  Clicking 50% uses 50% etc.   If you use the percentage buttons, the number of tokens you can buy will be automatically entered into the Amount box.

The Total box shows how much Ether in total you are paying for the transaction. This includes any transaction fees by Binance.

Ready to buy?

Go ahead and Click on the “BUY WAVES” button.

Are you new to Bitcoin?  For a limited time only, you can grab our Bitcoin for Beginners course for absolutely free.  You can get access right here.

 

Important Notice

This content for educational purposes only and should not be considered investment advice or a trading recommendation.    Buying any cryptocurrency involves a lot of risk.    The cryptocurrency market is highly volatile and any money you invest is at your own risk. TL:DR – crypto is risky, don’t spend money you can’t afford to lose. Now would be a great time to read our full Terms of Use and our Affiliate Disclosure.

  • Doc
  • January 7, 2018
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