How to trade Wanchain?

What is Wanchain (WAN)?

Why should I trade Wanchain?

The Wanchain platform is a cryptocurrency project that aims to become the first full-fledged bank designed on the blockchain. There are two main reasons why it is worth trading WAN:

  1. Since the number of blockchains is constantly growing, the question of their effective interaction is extremely relevant.
  2. If the project developers adhere to the roadmap (they plan to introduce a large number of new assets and blockchains in 2021) then the popularity of the project, and therefore its cost will grow. Therefore, now there is an opportunity to buy bottoms.

Where to trade Wanchain?

WAN is a freely traded asset and is represented on many reputable crypto exchanges and brokers. To date, the list of the best platforms for buying or selling WAN includes:

  • Binance — charges a fixed trading fee of 0.1%. Binance’s trading fees are much lower than the industry average, when paying a fee in BNB, traders receive a 25% discount.
  • Huobi — a reliable multi-language exchange, charges a fee of 0.2% on the maker-taker principle.
  • 7b crypto broker — a convenient application for your smartphone that allows you to quickly and safely trade more than 400 crypto assets.

How to trade Wanchain using the 7b crypto broker app?

Along with seamless trading at the most competitive and transparent fees, 7b crypto broker allows you to track the current price chart of cryptocurrencies directly in the application. All this and a little more makes 7b the best place to trade WAN. Just follow the straightforward instructions:

  1. Log in to your 7b account.
  2. Deposit funds for trading.
  3. Choose a cryptocurrency for trading.
  4. Enter how much you want to buy or sell.
  5. Click the “Buy” button.

Wanchain Exchange

Where to exchange WAN?

At the moment, it is possible to exchange WAN cryptocurrency only with the use of crypto exchanges and brokers. Which service is better there is no unambiguous answer.

  • BiONE — a Singapore cryptocurrency exchange launched in 2018. It is positioned as the most secure centralized exchange.
  • ZT — a cryptocurrency exchange operating on the basis of blockchain technology, provides a wide range of assets and transaction security.
  • KuCoin — an exchange with an impeccable reputation, a multifunctional and user-friendly interface, and low fees.

What to know before exchanging Wanchain?

Before making a swap, the trader should:

  1. Carefully study all the advantages and disadvantages of exchange platforms.
  2. Check the fees charged on the official website.
  3. Find out exactly how your funds are protected.
  4. To study the reviews of real people about the work of a particular service.
  5. It is better to choose an exchange from the CoinMarketCap rating.

How to buy Wanchain for fiat?

Unfortunately, the exchange of fiat directly to the WAN is not possible at the moment. In order to purchase an asset for fiat, first you need to exchange fiat for ETH, for example. And then choose one of the listed platforms for exchanging cryptocurrencies.

Wanchain use cases

Along with the function of storing valuables and secure peer-to-peer transfers, the utilitarian WAN token has the following areas of application:

  • Fee for processing Wanchain transactions and inter-network transactions.
  • Deposit bonds on each node to secure cross-chain transactions.
  • Use as a protective mechanism for nodes that provide security and network verification.

FAQ

Is Wanchain a good investment?

The WAN cryptocurrency is a good long-term investment. If the project developers strictly adhere to their roadmap and integrate more new assets and blockchains, then the price is expected to rise. Follow the latest news on the official website of the project.

How do I invest in Wanchain?

The WAN token is represented on many reputable crypto exchanges and brokers. You should carefully familiarize yourself with the functionality and features of the platform, reviews and fees. To purchase, simply top up your balance, enter the number of coins you want to buy in the input line, and click on the “Buy” button.

How to trade WAN for beginners?

Cryptocurrencies such as WAN, which are inexpensive, but have bright prospects, can be extremely profitable. However, you should not rely only on the opinion and reviews of third-party resources, conduct your own research and follow the news of the project. To trade WAN on a 7B deposit of funds, select a trading pair, specify the amount, click “Buy”.

What is Wanchain Blockchain?

Wanchain is a kind of decentralized bank for digital assets, provides lending services, asset exchange, payments and settlements, and much more. Thanks to cross-chain technology, the platform allows different blockchains to interact with each other.

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Michael Selge

Michael Selge

Marketing manager of 7b crypto broker app