Buy Waves: A Comprehensive Guide on How to Buy WAVES- Best Exchanges & Brokers

WAVES, a leading blockchain platform, has gained significant popularity since its launch in 2016. Its versatile ecosystem and innovative features attract a wide range of investors. We’ll show you simple, fast, and secure ways to buy and store WAVES. To keep things short, we believe that Coinbase is the best option to buy WAVES. Why Coinbase?

The following table explains why Coinbase is the best choice for buying WAVES.

Buy WAVES on Coinbase

Coinbase is a regulated crypto custodian with licenses around the world. This means Coinbase meets strict security standards and is supervised by financial authorities. Even BlackRock, the world’s largest asset manager, entrusts Coinbase with the custody of Bitcoin for its Bitcoin ETFs. This speaks to the extremely high level of security Coinbase provides.

While you have the flexibility to use external wallets, Coinbase provides a highly secure environment for storing your WAVES. Unlike some platforms that impose delays on withdrawals, Coinbase processes them immediately, giving you quick access to your funds.

Cost-effectiveness is another advantage. Coinbase’s fees are remarkably competitive at 0.15%, significantly lower than the industry average. To put this into perspective, Bison, a provider affiliated with the German stock exchange, charges a hefty 1.5% for crypto transactions.

Coinbase prioritizes user security with features like two-factor authentication, adding an extra layer of protection to your account. They also offer customer support, typically responding within 24 hours. (We can personally vouch for their support team’s efficiency and helpfulness.)

The platform itself is designed with user-friendliness in mind. Its intuitive interface caters to both novice and experienced traders. And with dedicated apps for Android and iOS devices, you can manage your WAVES portfolio and execute trades conveniently from anywhere.

Coinbase is one of the most popular and user-friendly platforms to buy WAVES. Here’s how you can buy WAVES easily, securely, and quickly on Coinbase.

Step 1: Sign Up for Coinbase

Before you can start buying WAVES, you need to create an account on Coinbase. Visit Coinbase.com and click “Get Started.” You will be prompted to enter your name, email, and a password. Once completed, click “Create Account.”

Step 2: Verify Your Identity

Coinbase requires you to verify your identity in order to comply with regulatory requirements. You will need to upload a government-issued ID and provide personal details like your address and date of birth. This process may take a few minutes to complete.

Step 3: Add a Payment Method

To buy WAVES, you need to link a payment method. Coinbase supports several options, including:

• Bank Account: Link your bank account for lower fees and higher transaction limits.
• Credit or Debit Card: Ideal for faster purchases, though fees are typically higher than bank transfers.
• PayPal: Coinbase also supports PayPal for deposits and withdrawals in certain countries.

Step 4: Buy WAVES

Once your account is set up and your payment method is linked, you’re ready to buy WAVES!

1. On the Coinbase dashboard, navigate to the “Buy/Sell” section.
2. Select WAVES from the list of available cryptocurrencies.
3. Enter the amount of WAVES you wish to purchase, either in your local currency (e.g., USD, EUR) or in WAVES.
4. Choose your payment method (e.g., bank account, credit card).
5. Review the transaction details, including any fees, and click “Buy Now” to complete the purchase.

Step 5: Store Your WAVES Securely

After purchasing WAVES, it will be stored in your Coinbase wallet. For added security, it’s recommended to transfer your WAVES to a personal wallet (such as a hardware wallet from Ledger or Trezor) rather than keeping it on Coinbase, which is an online exchange.

Benefits of Buying WAVES on Coinbase:

• User-Friendly Interface: Coinbase is known for its intuitive design, making it easy for beginners to navigate.
• High Security: Coinbase uses industry-standard security measures such as two-factor authentication (2FA) and insurance for funds held in the Coinbase Vault.
• Wide Payment Options: Coinbase supports multiple payment methods, including bank transfers, credit cards, and PayPal.

Buy WAVES on Binance

Binance is one of the world’s largest and most popular cryptocurrency exchanges, known for its high security and user-friendly platform. Until recently, it was not possible to directly buy WAVES using Euro (EUR) or US Dollars (USD) on Binance. However, this has now changed, and you can easily purchase WAVES with a credit card or trade WAVES using different cryptocurrencies. In this guide, we’ll walk you through both options!

Step 1: Register on Binance

To start buying WAVES, you need to create an account on Binance. This process is quick and straightforward. Binance offers the option to verify your identity, which is not mandatory but recommended. Verified users enjoy higher withdrawal limits and enhanced account security.

Step 2: Buy WAVES with a Credit Card

To buy WAVES via credit card on Binance, follow these steps:

1. Navigate to the Credit Card Section: In the top menu, click on “Buy Crypto” and then select “Credit/Debit Card.”
2. Select Your Payment Currency: Choose WAVES as your cryptocurrency and select your payment currency (EUR, USD, etc.).
3. Enter Your Personal Information: Fill in your details as requested.
4. Verify Email and Phone Number: Binance will send verification codes to your email and phone number. Enter these codes to proceed.
5. Proceed to Payment: After verification, click “Next” to enter your credit card details and complete the payment.
6. Upload ID for Verification: For added security, Binance may request you to upload a copy of your government-issued ID.

Important Notes Before and After Your Purchase

• WAVES Price Fluctuation: The WAVES amount displayed is based on the current market price and may change slightly due to price volatility.
• Transaction Fees: Binance charges a standard fee for credit card transactions, typically around 1.8%, which is competitive compared to other platforms.
• Transaction Limits: The daily purchase limit is USD 20,000 per user, with a monthly limit of USD 50,000. The minimum purchase amount is USD 50.
• Track Payment Status: After completing your purchase, you can monitor the transaction status through your Binance dashboard under “Transaction History.”

Step 3: How to Trade WAVES on Binance

If you already own other cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), or Tether (USDT), you can deposit them into your Binance account and trade them for WAVES. Here’s how:

1. Deposit Cryptocurrency: If you have crypto in another wallet, transfer it to your Binance wallet. Click on “Wallet” > “Fiat and Spot” > “Deposit.”
2. Get Your Deposit Address: Choose the cryptocurrency you want to deposit (e.g., ETH, BTC), and Binance will provide a unique wallet address for that crypto.
3. Transfer the Funds: Send the crypto from your external wallet to the Binance deposit address provided.
4. Trade for WAVES: Once the funds are in your Binance account, go to the “Markets” tab, search for WAVES, and choose the trading pair that matches your deposited cryptocurrency (e.g., BTC/WAVES or USDT/WAVES). Place your buy order to exchange it for WAVES.

Additional Trading Tips

• Advanced Trading Options: Binance offers advanced tools such as limit orders, stop-limit orders, and real-time chart analysis to help you trade WAVES efficiently.
• Leverage Trading: For experienced traders, Binance provides margin trading options that allow you to trade WAVES with leverage. This can amplify your gains but also increases risks.
• Security Measures: Enable two-factor authentication (2FA) for enhanced account security. Binance also provides features like withdrawal whitelist and anti-phishing codes for added protection.
• Use the Binance App: Manage your WAVES portfolio on the go using Binance’s mobile app, available for both Android and iOS devices.

Buy WAVES on Kraken

Kraken is a regulated crypto custodian with licenses across various jurisdictions globally. Kraken is one of the world’s largest and most trusted cryptocurrency exchanges, known for its high security and user-friendly platform. Kraken adheres to stringent security standards and is overseen by financial authorities, ensuring the safety of your assets. Kraken is trusted by institutional investors, including major entities in the financial world, for the custody of cryptocurrencies, which highlights the extremely high level of security Kraken provides.

Kraken offers the flexibility to use external wallets, but it also provides a highly secure environment for storing your WAVES. Unlike some platforms, Kraken processes withdrawals swiftly, allowing you to access your funds promptly.

When it comes to cost-effectiveness, Kraken’s fees are highly competitive. The platform’s trading fees are structured in a tiered manner, with the lowest fees reaching 0.16% for makers and 0.26% for takers, which are notably lower than many competitors in the market.

User security is a top priority at Kraken, with features such as two-factor authentication (2FA) and advanced encryption to protect your account. The platform also offers customer support that typically responds quickly, providing assistance whenever needed.

Kraken is designed to be user-friendly, accommodating both beginners and advanced traders. Its intuitive interface is complemented by mobile apps for both Android and iOS devices, enabling you to manage your WAVES portfolio and execute trades conveniently on the go.

Kraken is one of the most trusted and secure platforms to buy WAVES. Here’s how you can buy WAVES securely and efficiently on Kraken.

Step 1: Sign Up for Kraken

To get started with buying WAVES, create an account on Kraken’s platform. Visit Kraken.com and click on “Create Account.” You will be asked to enter your name, email, and create a secure password. Once completed, click “Create Account.”

Step 2: Verify Your Identity

Kraken requires you to verify your identity to comply with financial regulations. You will need to upload a government-issued ID and provide personal details such as your address and date of birth. This verification process is necessary for your security and may take a few minutes to complete.

Step 3: Add a Payment Method

To buy WAVES, you must link a payment method. Kraken supports several payment options, including:

• Bank Account: For lower fees and higher transaction limits.
• Credit or Debit Card: Ideal for faster purchases, though fees tend to be slightly higher than bank transfers.
• Wire Transfers: For larger purchases, Kraken also supports wire transfers in several countries.

Step 4: Buy WAVES

Once your account is set up and a payment method is linked, you’re ready to buy WAVES!

• On the Kraken dashboard, go to the “Buy Crypto” section.
• Select WAVES from the list of cryptocurrencies.
• Enter the amount of WAVES you’d like to purchase, either in your local currency (e.g., USD, EUR) or in WAVES.
• Choose your payment method (e.g., bank account, debit card).
• Review the transaction details, including any fees, and click “Buy Now” to finalize your purchase.

Step 5: Store Your WAVES Securely

After purchasing WAVES, it will be stored in your Kraken wallet. For enhanced security, it’s recommended to transfer your WAVES to a personal wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on Kraken, an online exchange.

Benefits of Buying WAVES on Kraken:

• User-Friendly Interface: Kraken is known for its clear and easy-to-navigate design, making it simple for beginners to use.
• High Security: Kraken employs top-tier security measures such as two-factor authentication (2FA) and provides insurance for funds held in its vault.
• Competitive Fees: Kraken offers low, competitive fees, making it an attractive option for both small and large transactions.
• Multiple Payment Options: Kraken supports various payment methods, including bank transfers, credit cards, and wire transfers, to cater to different user needs.

Buy WAVES on Kriptomat

About Kriptomat

In contrast to the established broker eToro, Kriptomat is a relatively young crypto exchange but no less trustworthy. On Kriptomat, you can buy over 30 cryptocurrencies, including WAVES, directly using Euro (EUR), USD, and other fiat currencies. Additionally, you can easily send WAVES directly to an external wallet. It’s important to note that trading is currently restricted to Europe, meaning investors from countries like the USA cannot use the platform.

The platform focuses on an easy-to-use and modern user interface that allows anyone to buy and trade cryptocurrencies with ease. That’s why Kriptomat is our top recommendation, especially for beginners! Regarding credibility, Kriptomat holds two licenses from the Estonian government, ensuring it meets strict regulatory standards.

Furthermore, Kriptomat offers an unbeatable advantage: low fees. Unlike many other exchanges and brokers, Kriptomat does not charge a price premium. Your purchase price corresponds to the current spot price of WAVES. Kriptomat only charges a nominal fee per transaction, with fees displayed transparently during the creation of your buy order. The deposit fees are as follows:

Set Up a WAVES Account on Kriptomat

First, you should know that Kriptomat strictly adheres to the legal requirements of the European Union and therefore requires complete verification of your identity. To buy WAVES on Kriptomat, you need to create an account. Visit the official website kriptomat.io and click on the orange “Register” button. This will open a pop-up window where you’ll enter your first and last name, an email address, and a password for the exchange.
Kriptomat will then send you an email with a confirmation link. By clicking the link, you verify your account. Once this is done, you can log into your Kriptomat account with the credentials you just created. However, you’re not yet finished with the registration process.

Before you can buy WAVES and access other features of the exchange, you need to enter and verify your phone number. Kriptomat will send you an SMS containing a verification code, which you’ll enter on the website. But there’s still one more step. Due to strict EU guidelines, you’ll need to fully verify your identity. To start this process, simply click on the corresponding prompt (see screenshot below).

A new pop-up will appear where you must enter your address (street, house number, city, country) and upload a photo or scan of your passport or ID card. Kriptomat makes this process easy and fast. You can even continue the registration on your smartphone—just click the link provided, and Kriptomat will send you an SMS with a link to continue the process.

You’ll then take a photo of your ID (front and back) with your smartphone and upload it immediately. The final step requires a selfie to verify your identity. You can allow Kriptomat to access your smartphone camera and take the selfie directly.

If you plan to buy cryptocurrencies via SEPA bank transfer, you’ll also need to add a bank account to your Kriptomat profile. You can deposit money via SEPA and use your account balance to buy WAVES and other cryptocurrencies. However, if you’re using Neteller, Skrill, or a credit card, this step is not required. After completing the registration process, the following purchase limits will be available to you. Unlike other exchanges, Kriptomat doesn’t differentiate between verification levels because you’ve already completed full verification.

Buy WAVES on Kriptomat

Buying WAVES on Kriptomat is simple and intuitive. First, go to the “Buy/Sell” tab (step 1) and then select the “Buy” tab (step 2). In the area that appears below, select WAVES to purchase it.
You can then choose from four different payment methods (step 3). While adding a bank account is necessary for SEPA bank transfers, the other options—credit card, Neteller, and Skrill—allow you to purchase WAVES instantly without entering additional details.

In the fourth step (see screenshot above), simply enter the amount you’d like to spend on WAVES. After clicking “Buy WAVES,” you’ll see the transaction fees for the order. To finalize your purchase, click “Confirm Transaction.”

Kriptomat will then confirm the purchase and redirect you to your “My Wallet” section. Within a few seconds, your purchased WAVES will be displayed there. For a quick overview of the buying process, refer to the following video tutorial:

Buy WAVES at Anycoin

Anycoin is a popular cryptocurrency exchange platform that offers a simple and secure way to buy and sell WAVES and other cryptocurrencies. It caters to both beginners and experienced traders, providing an intuitive interface and a variety of features designed to make crypto trading easier and more secure.

Key Features of Anycoin:

1. User-Friendly Interface: Anycoin offers a straightforward and clean platform, making it easy for new users to start trading WAVES and for more experienced traders to access advanced features.
2. Wide Selection of Cryptocurrencies: Anycoin supports a range of cryptocurrencies including WAVES, Bitcoin (BTC), Ethereum (ETH), and more, allowing you to diversify your portfolio with ease.
3. High Security Standards: Security is a top priority at Anycoin, with features like two-factor authentication (2FA) and SSL encryption to protect user accounts and transactions. This ensures your crypto holdings are secure from external threats.
4. Low Fees: Anycoin provides competitive fees for trading and transactions, making it an attractive option for those looking to minimize costs while trading digital assets like WAVES.
5. Multiple Payment Methods: Users can purchase WAVES using various payment methods, including bank transfers, credit cards, and sometimes even PayPal, depending on their location.
6. Fast Transactions: Anycoin processes transactions quickly, allowing users to purchase WAVES without long delays. This quick access to funds is a major benefit for those who need to act fast in the market.
7. Support for Wallets: While Anycoin provides its own wallet to store your WAVES, it’s also recommended to use your personal wallet for added security. This can include hardware wallets or other types of secure storage.
8. Dedicated Customer Support: Anycoin offers responsive customer support, providing assistance with any issues or inquiries that might arise during your experience on the platform.
9. Mobile Apps: Anycoin has apps available for both Android and iOS devices, making it easy to manage your WAVES portfolio and execute trades on the go.

How to Buy WAVES on Anycoin:

1. Create an Account: Start by visiting the Anycoin website and clicking on “Sign Up.” Enter your name, email address, and create a password. Afterward, you’ll receive a verification email to confirm your account.
2. Verify Your Identity: Anycoin will ask you to complete a verification process to comply with regulatory requirements. This may involve submitting a government-issued ID and personal information to ensure account security.
3. Link a Payment Method: To buy WAVES, link a payment method to your account. Anycoin supports various payment options like bank transfers, credit cards, and PayPal.
4. Make Your Purchase: Once your account is verified and your payment method is linked, go to the “Buy” section, select WAVES, and enter the amount you wish to purchase. Review the transaction details and fees, then complete your purchase.
5. Store Your WAVES Securely: After buying WAVES, it will be stored in your Anycoin wallet. However, for extra security, it’s recommended to transfer your WAVES to a personal wallet (e.g., a hardware wallet) for safe storage.

Benefits of Using Anycoin:

• Simple and Easy to Use: With its user-friendly interface, Anycoin makes buying and selling WAVES accessible to everyone, including beginners.
• Secure Platform: Advanced security measures, including 2FA and SSL encryption, help ensure your WAVES and other assets are safe from potential threats.
• Variety of Cryptocurrencies: In addition to WAVES, you can easily buy other major cryptocurrencies on Anycoin, offering you portfolio diversification opportunities.
• Competitive Fees: Anycoin offers low transaction fees, making it a cost-effective platform for trading WAVES and other digital assets.
• Quick Transactions: The platform processes transactions efficiently, providing fast access to your purchased WAVES.

Buy WAVES at ByBit

Bybit is a popular cryptocurrency exchange platform that specializes in trading digital assets such as WAVES, Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Known for its advanced features and high liquidity, Bybit is primarily used by more experienced traders, especially those interested in leverage trading and derivatives.

Key Features of Bybit:

1. Advanced Trading Tools: Bybit offers a range of professional trading tools, including spot trading, margin trading, and derivatives trading (futures contracts). The platform also provides advanced charting features and technical analysis tools to help users make informed decisions when trading WAVES.
2. High Liquidity: Bybit is known for its high liquidity, which is particularly beneficial for traders who need to execute large trades without significant slippage. This makes it a reliable platform for both day traders and long-term WAVES investors.
3. Leverage Trading: One of Bybit’s standout features is its leverage trading options. Users can trade WAVES with leverage, enabling them to amplify their positions and increase potential profits. However, this also comes with higher risks, and it’s important to use leverage cautiously.
4. User-Friendly Interface: Despite offering advanced trading options, Bybit maintains an intuitive and user-friendly interface, making it accessible for both beginner and experienced traders. The platform’s clean design helps users navigate the various trading tools easily.
5. Security Features: Bybit places a strong emphasis on security with features such as two-factor authentication (2FA), cold storage for crypto assets, and an insurance fund to cover any potential losses during extreme market conditions. These measures help ensure the safety of user funds.
6. Mobile App: Bybit offers mobile apps for both Android and iOS, allowing users to trade and manage their WAVES holdings on the go. The mobile apps have many of the same features as the desktop platform, providing flexibility for traders who need to stay connected to the markets at all times.
7. Fast Transactions: Bybit offers quick and seamless transactions, with order execution speeds often cited as some of the fastest in the industry. This ensures that trades are executed without delay, which is crucial in volatile markets like WAVES.
8. Referral Program: Bybit has a referral program that allows users to earn rewards by inviting others to join the platform. This is a great way for traders to earn additional income while growing the community.
9. Customer Support: Bybit provides 24/7 customer support to help users with any issues or questions. The platform offers support through live chat, email, and other communication channels, ensuring that help is readily available.

How to Buy WAVES on Bybit:

1. Create an Account: Start by visiting the Bybit website and clicking “Sign Up.” You’ll need to provide your email address and create a secure password. After registering, you will receive a verification email to activate your account.
2. Verify Your Identity: To comply with regulatory standards, Bybit may ask you to complete a KYC (Know Your Customer) verification process. This can involve uploading a government-issued ID and some personal information to verify your identity.
3. Deposit Funds: Once your account is set up, you need to fund it. Bybit supports deposits in several cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USDT (Tether). You can deposit these digital assets directly into your Bybit wallet.
4. Buy WAVES: To buy WAVES on Bybit:
   • Navigate to the “Spot” trading section on the platform.
   • Select WAVES as the cryptocurrency you wish to purchase.
   • Choose your trading pair (e.g., WAVES/USDT).
   • Enter the amount you want to buy and review the transaction details.
   • Confirm the purchase to complete the transaction.
5. Store Your WAVES: After purchasing WAVES, you can store it in your Bybit wallet. However, for added security, it’s recommended to transfer your WAVES to a private wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on the exchange.

Benefits of Using Bybit:

• Advanced Trading Options: Bybit is ideal for traders looking for advanced features like margin trading and leverage, along with access to a wide range of crypto assets, including WAVES.
• Fast Execution and High Liquidity: The platform provides fast order execution and deep liquidity, which is crucial for active WAVES traders in fast-moving markets.
• Security: Bybit prioritizes user security with features like two-factor authentication (2FA), cold storage, and an insurance fund to protect against unexpected losses.
• Mobile Trading: Bybit’s mobile apps allow users to trade and monitor their WAVES portfolio from anywhere, providing flexibility for traders on the go.
• Competitive Fees: Bybit offers competitive trading fees, making it an attractive option for traders looking to minimize costs while trading WAVES.
• 24/7 Support: Bybit provides round-the-clock customer support to help resolve any issues or concerns quickly, ensuring a seamless trading experience for all users.

Best WAVES wallet: Electrum

When using a desktop wallet, we have had very good experiences with the WAVES Exchange Wallet. We’ll briefly show you how to download and use it. First, go to the official WAVES Exchange website (click!). Once you’re on the website, click on the “Download App” button.

You will be directed to a page where you need to choose the appropriate wallet for your operating system. If you’re using Windows, download the version for Windows. For example, if you’re a Windows user, click on “Download for Windows” (see picture: red arrow). If you want the app for Android, select the corresponding installer:

Once the file is downloaded, click on the setup file. Choose a directory where the wallet should be installed and click “Install.” The installation should not take more than 2 minutes. When it’s complete, click “Close.”

Congratulations: the wallet is installed. Now you can start the WAVES Exchange Wallet by double-clicking the WAVES icon on your desktop. The software will first prompt you to either create a new account or restore an existing one. As a beginner, we recommend selecting “Create a New Account.”

Next, you’ll be asked to name your wallet account. Choose a name that you’ll easily remember. After that, you’ll need to set a strong password to secure your wallet. Make sure it includes numbers, uppercase and lowercase letters, and special characters. You’ll use this password every time you log into the wallet, so keep it safe.

In the next step, you’ll be provided with a backup phrase (seed phrase), which consists of 15 words. This seed is crucial because it’s the only way to recover your wallet if you lose your password or your computer crashes. Write down the seed on paper and store it somewhere safe—never share it with anyone.

After confirming your backup phrase, your WAVES wallet will be fully set up. Now, you’ll be directed to the main user interface. To receive WAVES, click on the “Receive” tab. You’ll see your receiving address there. Copy this address, as you’ll need it to receive WAVES from an exchange like Litebit or any other platform.

Once you’ve copied the receiving address, go to the crypto exchange where you’re buying WAVES, paste the address as the “Receiving Address,” select your payment method, and click “Buy.” Generally, the transaction should be credited to your WAVES wallet within a few minutes to 24 hours, depending on network congestion.

If you have any questions, feel free to leave a comment—we’ll be happy to assist you!