How To Buy Wanchain (WAN) Cryptocurrency 2018 – Step by step guide
Wanchain is a blockchain platform that specializes in cross-chain transactions. It was created to connect different blockchains and assets together through its private and public chains. Wanchain is an interesting project that has been gaining traction since its inception.
This step-by step guide will teach you how to buy Wanchain (WAN) cryptocurrency. The process is simple and easy, as long as you have a wallet set up.
So you like the appearance of Wanchain (WAN) and believe it has a good chance of reviving the financial sector. You’re probably curious about two things: how to purchase Wanchain and where to get it. We’ll show you our top two methods to purchase WAN, as well as the best way to store it, in this post.
Is It Too Late To Purchase Wanchain?
Despite the fact that the Wanchain ICO took place on October 4, 2017, the coin just became available on exchanges on March 23, 2018. The listing of WAN on an exchange was one of the most highly awaited in cryptocurrency history. Wanchain began trading at $4.37 per token, with a trading volume of $155 million in the first 24 hours. WAN’s popularity hasn’t waned since then, and the cryptocurrency is now selling at $8.55 per coin.
Despite its all-time high price, Wanchain has only been openly traded for a few months. It was also listed on exchanges during a period of severe bitcoin market correction. Who knows how high WAN might go when fresh all-time highs are reached for the whole cryptocurrency market.
The most important thing to know about Wanchain is how young it is and when it was originally listed on exchanges. It’s hardly unexpected that it’s trading at an all-time high during this market cycle. The initiative is still in its early stages, and gaining market share and momentum will take time if they are to succeed in disrupting the $10 trillion per year financial sector.
We still believe that anybody investing in Wanchain is doing it early. The price you add to your WAN position is the most essential factor. Simply make sure the price is reasonable and consider adding to it over time rather than going all in at once.
How Far Could Wanchain Climb?
The simple answer is that no one knows where bitcoin will go or if it will become worthless. What we do know is that Wanchain is attempting to capture a piece of the $10 trillion annual finance sector, and that there is a trend toward digitizing financial assets. If this trend continues, and WAN becomes the new distribution system for digital assets in the financial sector, the cryptocurrency will undoubtedly become very valuable. Today’s financial infrastructure is provided by banks, the most valuable of which is Wells Fargo & Co, which is valued at $301 billion.
Though it’s difficult to put a price on Wanchain right now, we believe the amount of services it provides will continue to grow. The real worth of the platform will be determined by which financial institutions embrace it and the value of transactions conducted on it. However, if a large number of financial assets are digitized and Wanchain becomes the dominant distribution system for these assets, their value may exceed all predictions and become one of the world’s most valuable cryptocurrencies.
Our Top 2 Ways To Buy WAN Are Listed Below
We’ll show you how to purchase WAN in two different methods. It is entirely up to you to choose whether or not they are appropriate for you.
How can I purchase WAN with regular currency? (for example; USD, GBP and EUR). Unfortunately, buying Wanchain with a single account is not possible. Instead, you’ll need to open a Coinbase account as well as a bitcoin exchange account.
Our second approach is ideal for individuals who already have Bitcoin or Ethereum and want to exchange it for WAN. We’ll teach you how to utilize the finest cryptocurrency and acquire some Wanchain.
Purchasing WAN with US Dollars, Euros, or British Pounds
This approach is ideal for anybody looking to invest in cryptocurrencies for the first time. To get your feet wet in the cryptocurrency markets using Wanchain, you’ll need a Coinbase account and a cryptocurrency exchange account. Does it seem to be difficult? Don’t worry, our tutorial will take you step by step through the process.
Investing in Crypto
All of the Coinbase information may be skipped by more experienced bitcoin investors. We understand you’re looking for the best cryptocurrency exchange to purchase Wanchain on.
How to Open a Coinbase Account
The Basics of Coinbase
Coinbase, the world’s most popular cryptocurrency exchange, was established in 2012 and has a long track record.
Serious Backers: IVP, the venture capital company that participated in the most recent financing round, was an early investor in companies like Netflix and Twitter. Companies like the New York Stock Exchange are among the other investors.
Simple to Use: Coinbase is known for its user-friendly UI. This makes it the ideal cryptocurrency exchange for beginners.
Small Minimum Deposit: On Coinbase, you may deposit as little as €6 in bitcoins.
Coinbase is a regulated cryptocurrency exchange, making it one of the few.
Insurance and segregation of money: Customer funds are insured and separated. Customers in the United States are even covered up to a balance of $250,000.
For US consumers, deposit methods include credit/debit card, bank transfer, and PayPal.
Cryptocurrencies that may be traded include Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
Email and FAQs are two methods of customer support.
Interested in investing more than $100 in Wanchain via Coinbase? There’s good news! By joining up via Total Crypto, you will also get a $10 bonus!
Do you need assistance with account creation? Simply read our in-depth Coinbase tutorial!
My Coinbase account has been created. So, what’s next?
Congratulations on having your Coinbase account up and running. The bad news is that you can’t purchase Wanchain straight from Coinbase; instead, you’ll have to go via a cryptocurrency exchange. To do so, you must first convert your funds to either Bitcoin or Ethereum on Coinbase. Later, this will be traded for WAN on a cryptocurrency market.
On Coinbase, the Quickest Way to Buy Bitcoin or Ethereum
If you want to purchase Ethereum and Bitcoin on Coinbase with the lowest costs possible, check out our Coinbase tutorial. It does, however, take a little longer since you must move your money to Coinbase’s sibling exchange GDAX and purchase your bitcoin there instead. We suggest that you use GDAX to save money on fees.
You’re ready to go on to the next stage after successfully purchasing Ethereum or Bitcoin on Coinbase.
What Is A Wanchain Wallet And How Do I Get One?
To keep your WAN coin, TotalCrypto advises using the official Wanchain wallet. Fortunately, we’ve created a separate tutorial that explains how to set up and utilize your WAN wallet in detail.
Register for a Binance account.
You should have some Bitcoin or Ethereum in your Coinbase account and a Wanchain wallet ready to go at this point. The next step is to open an account with a cryptocurrency exchange. You may exchange your Bitcoin or Ethereum for WAN here. Binance is one of the most popular cryptocurrency exchanges for trading WAN. Binance is the most popular cryptocurrency exchange in the world, and we can’t think of a good reason to shop anywhere else.
Facts about Binance:
The World’s Largest Crypto-to-Crypto Exchange: Binance is the world’s largest crypto-to-crypto exchange!
Binance has a huge selection of cryptocurrencies. You can get your hands on over 100 different cryptocurrencies. One of them is WAN.
Friendly to the user: The crypto-to-crypto trade is the most straightforward we’ve ever encountered. We believe that this is one of the major reasons behind Binance’s rapid rise.
Customer Assistance: Binance provides email support in many languages for????????
Get WAN on the biggest crypto-to-crypto exchange in the world.
Do you need assistance with creating a Binance account? Take a look at our Binance guide.
What Is The Best Way To Transfer From Coinbase To Binance?
Your Binance account should now be ready to trade. You must transfer your Bitcoin or Ethereum to Binance to trade for WAN coins, whether you have it on Coinbase or in another wallet. Simply follow the instructions below to do this:
Go to your Binance account and log in.
Click “Deposit” after selecting “Funds.”
If you have Ethereum on Coinbase, be sure you choose it, or Bitcoin if you have BTC. If you transfer money to the incorrect wallet, you risk losing it!
Then you’ll see your Binance deposit address. Simply copy and paste this URL. As an example, we’ve utilized Bitcoin.
Go to Coinbase’s ‘Accounts’ page after logging in.
Select the coin you want to send and press the send button.
In the ‘Recipient’ wallet address box, paste your Binance deposit address and the amount you wish to withdraw.
Continue to complete the transaction. In a few minutes, your Bitcoin and Ethereum should appear in your Binance account.
Do You Have Crypto in a Different Wallet?
Simply transfer your cryptocurrency to your Binance account.
On Binance, how can I trade Bitcoin or Ethereum for WAN?
It’s now time to purchase your Wanchain.
If you have Bitcoin on Binance, go to the homepage and choose ‘BTC Markets’, or ‘ETH Markets’ if you have Ethereum. Then, in the search box, type WAN and choose the WAN/ETH or WAN/BTC market.
After then, you’ll see a trade screen. It may seem difficult at first sight, but don’t be put off; we’ll teach you how to proceed. Simply go to the ‘Market’ tab (this enables you to buy at the market price). Then type in the quantity of WAN coins you’d want to purchase. You may also use the percentage buttons to purchase coins with a certain proportion of your Binance balance.
Your transaction will be completed after you click “Buy,” and your Wanchain will show in your Binance account.
What Is The Best Way To Withdraw WAN From Binance?
Okay, you should now have your Wanchain in your possession. Last but not least, how do you want to keep it? TotalCrypto suggests removing your money from the exchange and storing them in your Wanchain wallet. Binance is an obvious target for hackers since it houses a large amount of bitcoin. Furthermore, having ownership of your own cryptocurrency is generally preferable than relying on an exchange to keep your cryptocurrency secure.
If you believe this is the best choice for you, just complete the instructions below:
Binance may be accessed by logging in.
Make a mental note of your Wanchain public address. Simply open your WAN wallet and copy the public address to your clipboard to discover this.
Go to ‘Funds’ and choose the ‘Withdrawals’ option.
Choose WAN from the dropdown menu, then put your Wanchain wallet public address and the amount you wish to withdraw into the appropriate fields.
When you click “Submit,” your Wanchain will be transferred to your wallet for safekeeping.
? Top Tip: If you want to get your WAN off Binance, you’ll have to pay a withdrawal fee. You may check the withdrawal cost here before you withdraw!
That concludes our top two methods for purchasing Wanchain. The TotalCrypto team is ecstatic about the project’s sheer scope and ambition. There is no question that if WAN succeeds in becoming the new distribution system for digital assets in the financial sector, this coin will be very valuable.
DISCLAIMER: The activity of the cryptoassets discussed in this paper is uncontrolled. This post is not intended to provide financial advice. Always do independent research.
Cryptocurrency is legal in most countries. However, it can be difficult to buy cryptocurrency. This article will walk you through the steps of buying Wanchain (WAN) cryptocurrency. Reference: is cryptocurrency legal.
Frequently Asked Questions
How do I buy Wanchain?
Wanchain is a cryptocurrency that can be bought on most major exchanges. You can buy it with Bitcoin, Ethereum, or USD.
Where can I buy Wanchain Crypto?
The official website for Wanchain is https://wanchain.org/.
Where can I buy XRP 2018?
Ripple is a cryptocurrency that is not available for purchase. You can buy XRP on an exchange, or you can earn it through mining.