How to Earn Waves (WAVES): A Step-by-Step Guide

Introduction

Lending Waves can be a great option for those who want to hold WAVES but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Waves (WAVES) Tokens
In order to lend Waves, you need to have it. To obtain Waves, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Waves (WAVES) 1.08
Azbit Waves (WAVES) 0.68
BingX Waves (WAVES) 0.68
Bitfinex Waves (WAVES) 2.33
Bitget Waves (WAVES) 0.68
Bitmart Waves (WAVES) 0.68
See all 28 prices
2. Choose a Waves Lender
Once you have WAVES, you'll need to choose a Waves lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Kucoin Waves (WAVES) Up to 2.8% APY
3. Earn Waves
Once you've chosen a platform to earning your Waves, transfer your Waves into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Binance	Waves (WAVES)	1.08
Azbit	Waves (WAVES)	0.68
BingX	Waves (WAVES)	0.68
Bitfinex	Waves (WAVES)	2.33
Bitget	Waves (WAVES)	0.68
Bitmart	Waves (WAVES)	0.68

Platform	Coin	Interest rate
Kucoin	Waves (WAVES)	Up to 2.8% APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Waves (WAVES) is currently priced at $2.8 with a 24-hour trading volume of $26.46M. The market cap of Waves stands at $179.79M, with 100M WAVES in circulation. For those looking to buy or trade Waves, Kucoin offers avenues to do so securely and efficiently

Market cap: $179.79M
24h volume: $26.46M
Circulating supply: 100M WAVES

See latest information

Frequently Asked Questions About Waves (WAVES) Lending

What is Waves and what is it used for?: Waves is a blockchain platform focused on enabling the creation and deployment of decentralized apps and smart contracts with a user-friendly approach. It emphasizes accessibility for developers and businesses, offering tools for creating tokens, building DApps, and launching custom blockchains using its Waves Protocol solutions. The native token (waves) is used to pay transaction fees, participate in network governance, and secure network operations through staking-like mechanics depending on the specific network configuration. If you’re evaluating Waves for a project, consider whether you need quick token issuance and user-friendly tooling, or if you require deeper protocol-level customization.
How many Waves are in circulation and what is the current price trend?: Circulating supply is reported at 100,000,000 waves. The current price is around $0.65 per WAVES, reflecting a recent decrease of about 0.53% over the last 24 hours. When assessing price movement, look at longer timeframes (7-30 days) and consider factors such as market sentiment, project updates, exchange listings, and broader crypto market conditions. Always verify the latest price and supply data on a trusted price feed or exchange, as figures can change with new issuances or updates to the network.
Where can I buy and store Waves safely?: Waves can be bought on several major exchanges that list WAVES trading pairs. After purchasing, store your Waves in a wallet that supports WAVES tokens. For security and control, a non-custodial wallet (software or hardware) is recommended. If you use a Waves-specific wallet or a multi-asset wallet, ensure it supports the latest protocol version and has backup/seed phrase protection. For long-term holding, consider a hardware wallet to minimize exposure to online threats. Always enable 2FA on exchange accounts and keep recovery phrases offline in a secure location.
What are the key features that set Waves apart from other smart contract platforms?: Waves emphasizes developer and business onboarding with streamlined token issuance and application deployment. Notable features include a modular toolset for creating tokens, smart contract capabilities with familiar languages, and a focus on fast, cost-effective transactions. The platform often highlights its user-friendly experience, scalable transaction throughput for certain configurations, and ecosystem services for DeFi, tokenization, and supply chain use cases. When evaluating, compare transaction fees, finality times, and the available development tools to those of other platforms to determine fit for your project’s requirements.
What are the risks and considerations before investing in Waves?: As with any cryptocurrency, Waves carries market risk, technology risk, and regulatory risk. Price can be volatile, influenced by broader crypto market trends, exchange liquidity, and project announcements. Technical risk includes potential protocol updates, software bugs, or changes in token economics. Always perform due diligence: review the project’s official documentation, GitHub activity, and roadmap, assess liquidity on exchanges, and determine whether the asset aligns with your risk tolerance and diversification strategy. Consider using a risk-managed approach and avoid investing funds you cannot afford to lose.