Deutsche Bank has referred to China’s rapid AI progress as its ‘Sputnik moment,’ likening it to the shock of the Soviet Union’s first satellite launch, which marked a global technological shift.
Crypto activity continues in China through alternative channels, with Hong Kong recently approving spot Bitcoin and Ethereum ETFs, signaling a shift in China’s stance on digital assets.
Deutsche Bank AG, one of the world’s leading financial services providers based in Germany, has described China’s advancements in artificial intelligence (AI) as a moment that could reshape global technological competition. Drawing a parallel to the Soviet Union’s launch of Sputnik in 1957, which shocked the world and marked the beginning of the space race, the bank has dubbed China’s AI developments its own “Sputnik moment.”
This transformation is highlighted by the rise of AI chatbots like DeepSeek, which recently wiped out over $1 trillion from the global stock market, underscoring China’s growing influence in technology.
Deutsche Bank emphasized, “2025 is seen as the year the investment community realizes China’s leading position in global competition. It is becoming increasingly difficult to deny that Chinese companies offer high cost-performance and quality products in various manufacturing and service sectors.”
This observation underscores that China’s technological rise has reached a tipping point, where it can no longer be dismissed as a challenger but must be recognized as a global leader. Chinese companies are becoming front-runners in multiple industries, offering high-quality, cost-effective solutions across manufacturing and advanced services, making them increasingly attractive to investors.
One of the most significant implications of China’s rise, according to Deutsche Bank, is the anticipated shift in how investors view Chinese stocks. Historically, concerns about governance, regulatory frameworks, and political risks have led to a “valuation discount” for Chinese companies. However, Deutsche Bank now expects these concerns to diminish as China’s technological capabilities grow, supported by policy shifts aimed at boosting investor confidence.
“We expect the ‘valuation discount’ of Chinese stocks to disappear, and profitability may exceed expectations due to policy support for consumption and financial liberalization. The bull market in Hong Kong/A-shares began in 2024 and is expected to surpass previous highs in the medium term.” This forecast suggests that Chinese stocks will become increasingly attractive to global investors as China’s market fundamentals improve, driven by its expanding tech capabilities and supportive policy measures.
Could China Lead the Way in Crypto Adoption?
While China’s technological advancements continue to gain momentum, another area of interest is its stance on cryptocurrency. Since 2017, China has enforced restrictions on crypto, banning exchanges and later cracking down on crypto mining and financial institutions dealing with digital assets. Despite the government’s strict controls, underground crypto trading persists, and China ranked 20th in the 2024 Chainalysis Global Crypto Adoption Index.
Simultaneously, China has been positioning itself as a leader in the realm of central bank digital currencies (CBDCs). Through the rollout of its digital yuan pilot programs, China has made significant strides in integrating a state-controlled digital currency into its broader financial ecosystem. On December 31, 2024, China again tightened its crypto regulations, instructing foreign exchange regulators to flag all cross-border crypto transactions.
In contrast, Singapore issued 13 crypto licenses to leading exchanges such as OKX and Upbit, as well as global players like Anchorage, BitGo, and GSR, more than doubling the number of licenses granted the previous year. Meanwhile, Hong Kong has been slower to establish its own regulatory framework, leaving room for speculation on whether China might pivot toward a more open approach to digital currencies, possibly inspired by its success in AI and tech.
There is hope that Hong Kong’s recent approval of spot Bitcoin and Ethereum ETFs, along with efforts to develop a Bitcoin reserve, could signal a turning point. These funds have already attracted investments from mainland China, indicating growing institutional interest in crypto despite regulatory challenges.
The cryptocurrency world is constantly evolving, and two names are making waves for their innovative approaches to solving some of the industry’s most pressing challenges: BlockDAG and Skyren DAO. While both projects aim to make crypto more accessible and efficient, they each bring unique strengths to the table. Together, they are creating a new ecosystem that caters to beginners and seasoned investors alike.
BlockDAG: A Scalable Blockchain Solution
BlockDAG is a blockchain innovation designed to address the scalability issues that plague traditional blockchains like Bitcoin and Ethereum. Unlike linear blockchains that process transactions one at a time, BlockDAG uses a Directed Acyclic Graph (DAG) structure to process multiple transactions simultaneously.
This approach significantly improves transaction speed, reduces fees, and enhances security by verifying transactions through multiple paths. Additionally, BlockDAG’s hybrid Proof-of-Work (PoW) consensus mechanism is more energy-efficient than Bitcoin’s mining process, making it a greener alternative.
While BlockDAG is a promising step forward, its technical complexity may not fully cater to beginners seeking simplicity and ease of use.
Skyren DAO: Revolutionizing Passive Income and Community-Driven Investing
If BlockDAG is the backbone of scalability, Skyren DAO is the heart of accessibility. Skyren DAO is a decentralized autonomous organization (DAO) that simplifies passive income and community-driven investing for beginners. Unlike traditional crypto projects that require technical expertise, Skyren DAO is designed to be intuitive and user-friendly, making it an ideal entry point for newcomers.
What sets Skyren DAO apart is its innovative approach to passive income. Through its decentralized platform, users can earn rewards by participating in staking, yield farming, and other DeFi (decentralized finance) activities. But what truly makes Skyren DAO shine is its community-driven model. The platform empowers users to have a say in its development and decision-making processes, creating a sense of ownership and inclusivity that’s rare in the crypto world.
Skyren DAO is also gaining significant attention in the crypto community. One notable figure who has praised the project is Ben Crypto, a popular YouTuber known for his insightful crypto analysis. Ben has highlighted Skyren DAO’s potential to revolutionize passive income and its beginner-friendly approach, calling it a game-changer for those new to the space.
Own your SKYRN today
Why Skyren DAO Stands Out
While BlockDAG focuses on improving the technical infrastructure of blockchain, Skyren DAO is all about making crypto accessible and rewarding for everyone. Here’s why Skyren DAO could be the better option for beginners:
User-Friendly Interface: Skyren DAO’s platform is designed with simplicity in mind, making it easy for anyone to start earning passive income.
Community Empowerment: By giving users a voice in its development, Skyren DAO fosters a sense of belonging and trust.
Passive Income Opportunities: With staking, yield farming, and other DeFi features, Skyren DAO offers multiple ways to earn rewards without requiring advanced technical knowledge.
Growing Popularity: The project is gaining traction fast, with influencers like Ben Crypto, 2Bit, Crypto Bull, and others in the crypto community singing its praises.
The Dynamic Duo: A New Era for Crypto Beginners
Together, BlockDAG and Skyren DAO represent a new era in cryptocurrency. BlockDAG’s focus on scalability and efficiency lays the groundwork for faster, cheaper, and more secure transactions, while Skyren DAO’s user-friendly platform and community-driven approach make it easier than ever for beginners to get started.
While BlockDAG is a solid technological advancement, Skyren DAO’s emphasis on accessibility and passive income makes it the standout choice for those new to crypto.
Conclusion
BlockDAG and Skyren DAO are reshaping the crypto landscape in complementary ways. BlockDAG’s innovative approach to scalability and efficiency addresses some of the most significant technical challenges in the industry, while Skyren DAO’s focus on simplicity, community, and passive income makes it a standout option for beginners.
As the crypto world continues to evolve, this dynamic duo is paving the way for a more inclusive and efficient future. Whether you’re a beginner or an experienced investor, both projects offer unique opportunities worth exploring.
Japan’s FSA has removed five unregistered crypto exchanges from the Apple Store, restricting new downloads but not affecting existing users.
Japan’s strict regulations contrast with its plan for lighter rules on non-exchange crypto intermediaries to encourage blockchain innovation.
Japan’s Financial Services Agency (FSA) recently asked Apple and Google to remove apps from five unregistered cryptocurrency exchanges—Bybit, KuCoin, MEXC Global, LBank, and Bitget. Users in Japan can thus no more download these apps from the Apple Store.
For individuals who have already installed them, though, the services of these exchangers are still available. Google has not, however, expressed an official comment on whether they will take Apple’s identical actions.
Strict Regulation: Obstacle or Protection?
Japan has not only acted to enforce regulations in the crypto space until now. Strong rules implemented by the Japanese government to safeguard investors are well-known. Japan is seeking to lower consumer risks by making sure all running exchanges follow particular guidelines and are registered.
The issue is, though, is this only a matter of consumer protection or are there other reasons Japan is so selective? Some view this approach as an attempt to strike a compromise between industry growth and rigorous rules so that businesses failing to satisfy criteria cannot operate as they ought.
Japan’s Approach to Blockchain Innovation
Fascinatingly, Japan intends to impose fewer rules on non-exchange crypto intermediates, such as blockchain-based gaming apps and self-managed crypto wallets, among stricter rules for crypto exchanges. As we previously reported, the scheme was revealed in December as a means of promoting technical innovation.
While still shielding investors, the suggested regulations seek to streamline compliance for businesses not directly engaged in crypto trading. This implies that Japan is looking for the ideal balance in control rather than outright denying the growth of the crypto sector.
Japan’s Stance on Bitcoin in National Reserves
Beyond laws pertaining to crypto exchanges and middlemen, Japan has also made plain how Bitcoin is handled in national reserves. Citing its great volatility that does not fit the criteria for foreign exchange stability, the government has declined to add Bitcoin to its reserves.
Traditionally, Japan’s foreign exchange reserves have depended more on items regarded as safer, such government bonds and central bank deposits. Including Bitcoin in reserves is seen as dangerous given its volatile price swings and against the stability-oriented economic policies of Japan.
A cryptocurrency whale purchased 1.7 million UNI tokens from Binance, indicating strong investor confidence and impacting Uniswap’s price and trading volume.
The recent launch of Uniswap v4 introduces significant efficiency improvements and cost reductions.
Uniswap’s price has taken an interesting turn as a major cryptocurrency whale bought around 1.7 million UNI tokens worth $15.54 million in 4 days. The purchase, made through withdrawals from Binance, is a sign of increased investor confidence in UNI.
Along with this, the Uniswap v4 launch has brought optimism, especially with its efficiency improvements and cost savings. All of this is a big moment for the DEX and could mean big for DeFi.
Whale Accumulation Indicates Growing Interest
On February 7, 2025, blockchain analytics platform Lookonchain reported that a whale had withdrawn 1.7 million UNI tokens from Binance between February 3 and February 7, 2025. This accumulation, valued at around $15.54 million, marked one of the most significant UNI transactions in recent weeks.
Historically, whale transactions of this size have been watched closely as they often mean confidence in an asset’s future price. The timing is also notable as UNI’s price went up from $9.14 on Feb 3 to $9.17 on Feb 7, according to CoinGecko. While this is a small price move, the whale decided to move such a big amount from the exchange, so they would prefer to hold rather than trade immediately.
The market reacted fast, with UNI’s volume on Binance up 12% in 24 hours after the whale’s first withdrawal. UNI/USDT volume went up 5% on Feb 4, and UNI/BTC went up 3%, indicating increased trading.
Technical and On-Chain Insights Support Bullish Sentiments
UNI’s technical indicators at the time of the accumulation reflected a bullish trend. The Relative Strength Index (RSI) rose above 70 on February 6, signaling that the asset was approaching overbought conditions but has fallen below 50 in the recent trading session. UNI is still on an upward trajectory. Additionally, the Moving Average Convergence Divergence (MACD) indicator registered a bullish crossover on February 5, with the MACD line moving above the signal line—typically a sign of continued upward momentum.
UNI/USD weekly chart.Source: Lookonchain
Another key metric was the increase in UNI holders, which grew by 2% over the past week, reaching 306,000 unique wallet addresses, according to Etherscan data. This rise in holders suggests broader market interest and a potential expansion of UNI’s user base.
Looking ahead, the trading trajectory for UNI seems to hinge on its ability to maintain key support levels and break through resistance points decisively. Market analyst CW from platform X recently projected a more optimistic scenario where UNI’s first target price could hit $20.
Uniswap v4 Launch Enhances Efficiency
Beyond whale activity, Uniswap’s v4 has been the talk of the town. Launched on Jan 31, 2025, the upgrade brought several improvements to trading efficiency and costs. One of the biggest is a huge reduction in gas fees compared to v3.
According to Uniswap Labs CEO Hayden Adams, creating a liquidity pool on mainnet with v3 required 5,165,447 gas, which cost around $57.42. With v4, that same action now costs 431,860 gas, or around $4.63. Fewer gas fees mean the platform will be more attractive to liquidity providers and traders and could increase activity on the network.
just created new Uniswap v3 and v4 pools on Ethereum mainnet to demonstrate the gas efficiency
Uniswap v4 also supports multiple chains: Ethereum, Polygon, Arbitrum, Base, Binance Smart Chain, and Avalanche. This means the upgrade will make Uniswap stronger in the DeFi landscape with a more efficient trading experience.
Based on the observed and anticipated market behaviors, UNI might first aim to test the $12 resistance. Success in breaching this level could pave the way for a rally toward $16, while failure might lead to a retest of support levels at $9 or $8, depending on broader market trends and investor confidence.
Vitalik Buterin rejects the “degen casino” model, reaffirming Ethereum’s commitment to long-term decentralization despite market struggles.
Ethereum faces scrutiny over leadership and centralization, but Buterin defends reforms and decentralization across the broader ecosystem.
Ethereum co-founder Vitalik Buterin has expressed frustration with the growing trend in the crypto market that positions the “degen casino” model as the most fitting market strategy for the sector. This rhetoric appeals to a small segment of users and is being criticized for undermining Ethereum’s vision and long-term goals.
Buterin’s remarks come at a time when Ethereum faces criticism from various corners, including concerns about centralization within the Ethereum Foundation and the direction of the platform as a whole.
In a recent post on X, Buterin criticized the current notion that the crypto market should respond to speculative, high-risk gambling models. However, some investors and members of the crypto community have argued that this “PvP KOL degen casino” approach is the ideal market fit for crypto despite its profitability for only a small percentage of users.
Fighting consumes energy and brings people to the breaking point. This is part of the condition of life.
Do I feel good when I hear people from crypto twitter and VC firms telling me that PvP KOL degen casino that’s money-losing for >99% of its own users is the best product…
Buterin rejected this opinion, labeling it “condescending and elitist,” and shared the emotional toll such comments have had on him. However, he affirmed his continued commitment to Ethereum’s long-term goals and vision.
The Ethereum Foundation has recently faced scrutiny for its sale of large quantities of Ethereum. One of the most notable sales involved swapping 100 ETH for stablecoins, which raised questions about the Foundation’s decision-making process and its lack of transparency.
Centralization Concerns and Calls for Leadership Change
Despite the criticism, Buterin has remained firm in his stance, defending the Foundation’s actions and overall approach. He pushed back against calls for leadership changes and reiterated that the future of Ethereum remains decentralized, contrary to claims of centralization.
As reported by CNF, criticism of the Ethereum Foundation has been growing regarding leadership and centralization concerns. A key point of debate is the leadership of Aya Miyaguchi, who has served as the Foundation’s executive director since 2018. Individuals have pointed to shortcomings within the Foundation under her leadership, with some calling for her resignation.
However, Buterin has remained supportive of Miyaguchi and clarified that leadership decisions ultimately rest with him, for now. He also pointed to ongoing reforms within the Foundation aimed at building a more effective board and increasing technical expertise within leadership.
Buterin emphasized that the reforms are necessary to guide Ethereum in the right direction despite the growing calls for change.
We got some momentum here. With @AyaMiyagotchi resigning $ETH can reach ATH in 2 weeks.
As Ethereum continues to face internal and external challenges, the asset’s market performance has shown signs of strain. During the time of writing, Ethereum was trading at $2,734.52, reflecting a 3.62% decrease over the past 24 hours.
This decline aligns with a broader downturn in Ethereum’s market capitalization, currently valued at $329.59 billion. Despite the price drop, Ethereum has seen a surge in its 24-hour trading volume, which increased by 7.33%, reaching $30.03 billion.
Ethereum’s Long-Term Vision and Ecosystem Growth
Despite Ethereum’s ongoing challenges, as pointed out by CNF, Buterin remains confident in its goals for decentralization. He pointed out that while the Ethereum Foundation plays a main role, it is just one piece of the broader Ethereum network. Buterin emphasized the importance of other organizations, like ConsenSys, in contributing to Ethereum’s overall growth and direction.
He suggested that Ethereum’s decentralized nature should not be limited to just the Foundation but extend across the entire ecosystem. The reforms underway aim to strengthen Ethereum’s technical foundations and further open space for collaboration across the broader community.
Excitement is building around certain cryptocurrencies that could see extraordinary growth by 2025. While the market evolves, three altcoins are emerging as potential game-changers. These tokens might offer investors the chance to see their capital multiply a thousandfold. Uncover which digital assets could redefine fortunes and become the next big thing in the crypto landscape.
Alpha Meme Coin DOGEN Off to the Moon After Its Major Listing Event
DOGEN, which has recently captured the interest of the crypto community with its bold narrative of the strongest meme coin for alpha males, was listed on February 4th.
The listing comes at the perfect timing as the crypto market is on the brink of a massive bull run supported by favorable geopolitical factors.
Affectionately dubbed “DOGE on steroids” by one community member, DOGEN is poised to replicate the success of popular meme coins such as Dogecoin, which has seen a whopping 66,000% increase compared to its launch price.
Those who bought $DOGEN during the presale got it at a bargain price. However, it is not too late; $DOGEN remains a good value and its price is predicted to increase from here.
Community-Driven with Real Value
DOGEN isn’t just a fad; it’s a growing movement with a team dedicated to building a strong community of alpha leaders who are ready to take over the market. This token offers real value, including exciting campaigns and exclusive benefits for early adopters. DOGEN is a chance to be part of something big.
The community-driven presale strategy has enabled DOGEN to raise $5.5 million in initial funding and amass a large community of nearly 20,000 DOGEN fans. This provides a strong foundation for the token to start its mission to the moon successfully.
The $DOGEN private presale has concluded, and the token can now be purchased with SOL on major cryptocurrency exchanges.
DOGEN is heading to the moon! Join the mission and don’t miss out!
Toncoin (TON): The Open Network’s Native Cryptocurrency and Its Future Potential
Toncoin (TON) is the native cryptocurrency of The Open Network, a decentralized layer-1 blockchain. Originally developed by Telegram with the ‘Gram’ token, the project was halted in 2020 after regulatory issues. Now, the TON Foundation and community enthusiasts continue its development. Toncoin uses a proof-of-stake model, which improves scalability and reliability. It aims to offer fast, secure payments with low fees and build an ecosystem with decentralized services. Price predictions suggest significant growth by 2025 and 2030. If the upper targets are reached, Toncoin could see substantial gains. Given its technology and projected growth, Toncoin may be attractive in the current market cycle.
Aptos: A Scalable and Flexible Layer-One Blockchain Using Move Language
Aptos is a new layer-one blockchain designed to enhance scalability, safety, and flexibility. Developed by Aptos Labs, founded by core contributors of Diem (a Meta initiative), it aims to solve high transaction fees and network congestion seen in blockchains like Ethereum before its Proof-of-Stake transition. Aptos uses the Move programming language for smart contracts, emphasizing safety and adaptability. It employs a Proof-of-Stake consensus mechanism and supports a wide range of Web3 applications. With its focus on scalability and innovative technology, Aptos has significant potential in the blockchain space. Its features may make it an attractive option in the current market cycle.
Conclusion
Tokens like TON and APT have less short-term potential. DOGEN, for those seeking luxury and success, is set for 700% growth by presale end, with thousand-fold returns possible this altcoin season. Following tokens like BONK, WIF, and Popcat, DOGEN offers real benefits and exclusive perks for early adopters, building a community of alpha leaders.
An Ethereum millionaire has turned heads with a bold prediction. A new meme coin on Solana’s network is gaining attention. It’s rumored to hold the potential for massive returns, reminiscent of huge gains seen in past crypto surges. As the market heats up, investors are keeping a close watch, eager not to overlook another opportunity.
Trump’s Victory Fuels Meme Coin Frenzy—Catzilla Ready to Soar
Donald Trump’s electrifying return has reignited the crypto market, and meme coins are leading the charge. While major coins crawl with modest gains, Catzilla ($CATZILLA) is preparing for a seismic leap into the spotlight.
With Trump’s pro-crypto vision to make the U.S. a global crypto powerhouse, the stage is set for a bull run like no other. His victory signals a golden era for meme coins, and Catzilla is positioned as the apex predator in this landscape.
Catzilla isn’t here to play cute games—it’s here to rewrite the rules of DeFi.
A hero in the battle for financial freedom, Catzilla combines the power of chaos with the heart of a warrior, uniting crypto enthusiasts and meme lovers in its unstoppable fight against outdated systems.
As Trump ignites a new wave of crypto excitement, one question roars louder than ever: Will Catzilla claim its crown as the king of the meme coin jungle?
The Big Cat is ready to fight! Get in early and claim your $CATZILLA before it skyrockets!
The days of fleeting hype like $PNUT or $GOAT are over. Their time has passed. Catzilla, with its bold narrative and ambitious roadmap, is ready to dominate the meme coin market and deliver jaw-dropping gains to those who dare to follow.
Catzilla roars into action with 700% ROI potential! Starting at just $0.0002 in presale, the price climbs to $0.0016 over 14 explosive stages. Move fast, and you could grab $CATZILLA with an 88% discount—a deal no serious investor can afford to miss.
Catzilla: Claw Your Way to the Top Now
Stage 4/14 is LIVE, and $CATZILLA is currently priced at just $0.0006. Don’t wait—this is your chance to lock in your tokens before the price increases 16.67% to $0.0007 in the next stage.
Missed the first three stages? Don’t worry—we’re still at the beginning of the presale, with 10 more stages to go! But remember, with each stage, the price rises, so the earlier you join, the greater your potential gains.
⚡Catzilla’s presale is live—join the roar and let your wallet grow bigger than ever!⚡
Earn While You Share: The Catzilla Multi-Level Referral Program
Catzilla isn’t just about investing—it’s about empowering the community. With its multi-level USDT referral program, you can earn rewards just by sharing your referral link. Here’s how it works:
8% of every token purchase made by your direct referrals (Level 😺).
2% of every token purchase made by your referrals’ referrals (Level 😺😺).
1% of every token purchase made by referrals’ referrals’ referrals (Level 😺😺😺).
Simply share your link and start earning passive USDT income while helping others join the Catzilla movement.
Share Your Link and Start Earning Passive USDT Now!
Why Catzilla?
Catzilla is here to roar louder than ever, blending the best of crypto enthusiasts, meme addicts, anime fanatics, and DeFi warriors into one unstoppable force. This electrifying fusion unites communities under a single, power-packed banner. With its bold storytelling, irresistible rewards, and jaw-dropping profit potential, Catzilla isn’t just a token—it’s a movement ready to dominate the market and steal the spotlight. Get ready to be captivated—Catzilla is taking over!
Catzilla’s presale is live—join the roar and let your wallet grow bigger than ever!
Ethereum: Smart Contracts and Future Potential
Ethereum is a leading blockchain platform known for smart contracts and a vast decentralized application ecosystem. Founded by Vitalik Buterin, it shifted to a Proof-of-Stake model in 2022, enhancing efficiency. It supports decentralized finance and Layer 2 solutions like Arbitrum and Polygon for better transaction performance. Ethereum pioneered ERC-20 tokens, crucial in governance and utility functions. Future plans include sharding for improved scalability and cost reduction. Ether (ETH) is vital for transactions, staking rewards, and as a tradeable asset. Based on past trends, ETH prices might range from $2,700.31 to $6,580.53 in the coming years. This technology and its strong community position Ethereum as a potentially attractive asset in the current market cycle.
Conclusion
While established coins like ETH, BTC, ADA, and XRP may offer stability, they have less short-term potential. Catzilla emerges as the ultimate meme coin hero, aiming to bring financial freedom to everyone with a potential 700% ROI during its presale. With triple utility and a community-driven mission, Catzilla invites enthusiasts to join the fight against crypto villains.
Tristan Tate triggered discussions around XRP sparked engagement from the Ripple community, including responses from prominent figures.
Proponents like Abdullah Nassif and Edo Farina underscored XRP’s benefits, including its speed, cost-effectiveness, and scalability over Bitcoin.
Social media personality Tristan Tate, boasting 3.3 million followers on X, has reignited the debate around XRP’s future. On Tuesday, he took to X and asked a question that quickly made its way viral: Why do some believe XRP could explode into triple digits?
XRP Price In Spotlight With Tristan Tate’s Comment
His post gained over 3 million views with mass engagement by the XRP community. Many users stepped up to give their best answers as to why the token could gain such prices, and prominent crypto players gave their take on the matter.
Panos Mekras, a well-known crypto author and co-founder of Anodos Finance, responded to Tate, particularly emphasizing the importance of the XRP Ledger. He described it as the “OG DeFi chain” and highlighted how it happened to be the first blockchain in existence to actually function with no proof-of-work consensus mechanism.
As noted by Mekras, XRPL was built without banks’ intermediation in a transaction, thereby being the perfect alternative to Bitcoin. “It’s faster, cheaper, and more decentralized money,” he explains. He added that the network was the first to introduce global decentralized exchange along with tokenization and advanced payment solutions. However, earlier this week, XRP Ledger faced a brief outage, as reported by CNF.
One such response came from Abdullah Nassif, who goes by the handle of Abs in the XRP community. He said XRP will revolutionize how money moves. Nassif noted that “XRP makes money move for the banks as quickly and easily as data moves on the internet today.”
Further, crypto educator Edo Farina added his input by comparing XRP’s cost-effectiveness compared to Bitcoin. He postulated that XRP has 1,000 to 1,500 times the cost, speed, and scalability advantages over Bitcoin. To him, Bitcoin has resulted in increased centralization over mining, through which power is centralized in a few major pools. Farina even referred to Bitcoin as a “beta test coin,” saying that XRP is the “Final Product.”
As the debate continued, Vet, one of XRP’s validators in XRPL, also extended an invitation to Tate on his podcast to discuss more deeply the potential that XRP holds.
Critics Slams Ripple Token’s $100 Target
While many XRP price supporters were making their case for a $100 target, skeptics were quick to push back. An X user by the name of “Mr. Random” responded to the argument with a market cap analysis. He pointed out the sheer scale required for such a valuation and explained that in order for XRP price to hit $100, its total market capitalization would need to be greater than $5 trillion-or possibly $10 trillion when accounting for escrowed tokens.
He mentioned that “surpassing the economies of major nations is unrealistic,” and he emphasized the economic obstacles that such a price would face. Expanding his argument, he mentioned how inappropriate it is to consider the probability that XRP price will achieve $10,000, considering the required $500 trillion market cap. Despite all these, advocates still challenge the relevance of market cap constraints over the token’s potential.
As of press time, the XRP price is trading 5.98% down at $2.47, with its daily trading volume dropping under $10 billion. However, analysts continue to stay bullish about XRP rallying to $6 and beyond, as per our previous analysis.
The altcoin market is heating up, and seasoned investors know what that means—presales are the best way to get ahead before the next bull run.According to CoinMarketCap, the Altcoin Season Index is nearing 50, indicating that the next wave of explosive growth is right around the corner.
With altcoin season on the horizon, investors are hunting for undervalued projects that could see massive price surges in the coming months. The best way to catch these gains? Getting in on presales before tokens hit major exchanges. Some of the hottest projects currently raising funds include Solaxy, Mind of Pepe, Best Wallet Token, Meme Index, and the most talked-about meme coin of the year—Doge Uprising.
Doge Uprising – The Hottest Meme Coin of 2025
While Solaxy, Mind of Pepe, Best Wallet, and Meme Index offer unique utilities, nothing is dominating the meme coin conversation like Doge Uprising.
This isn’t just another meme token; Doge Uprising is combining viral appeal with real utility, making it the most exciting presale of the year. The project has already raised over $330,000, and with each presale stage, the price increases, ensuring early investors lock in the best possible deal.
Doge Uprising sets itself apart with staking rewards, limited-supply NFTs, and a futuristic storyline, making it more than just a speculative asset. Staking launches on February 14, allowing holders to earn passive income while holding their tokens.
With only 450 million tokens in total supply, Doge Uprising is far scarcer than Dogecoin or Shiba Inu, which means that once demand skyrockets, supply will be extremely limited.
Solaxy – Solana’s Next Big Upgrade
Solana has cemented itself as a major player in the crypto space, known for its fast transaction speeds and low fees. However, as Solana’s popularity grows, so do network congestion issues. That’s where Solaxy comes in.
Solaxy is a Layer 2 blockchain for Solana, designed to handle massive transaction volumes without delays or failures. It processes transactions in batches rather than individually, making Solana more efficient, scalable, and ready for mainstream adoption.
Mind of Pepe – AI Meets Meme Culture
The world of crypto and artificial intelligence (AI) is colliding, and one project is leading the charge—Mind of Pepe. This AI-powered meme coin isn’t just about hype; it’s about building an intelligent, self-learning agent that interacts with the crypto space.
Mind of Pepe has created an AI-driven entity that can write social media posts, analyze trends, and operate its own wallet. Investors who hold $MIND tokens gain access to exclusive insights, early crypto trends, and the ability to profit from the AI agent’s activities.
Best Wallet Token – The Future of Crypto Storage
Managing digital assets has never been more important or more frustrating. Many crypto wallets lack key features, forcing users to navigate multiple platforms just to trade, stake, and manage their funds. Best Wallet is solving this problem.
This next-generation crypto wallet is packed with features, allowing users to trade, stake, invest in presales, and even use a crypto debit card—all in one place. The Best Wallet Token ($BEST) provides additional perks, including trading fee discounts, higher staking yields, and governance rights.
Meme Index – A Smarter Way to Invest in Meme Coins
The meme coin sector is bigger than ever, but picking which one will explode next is pure guesswork. That’s where Meme Index changes the game.
Meme Index simplifies meme coin investing by offering index funds. Instead of betting on just one token, investors can buy diversified baskets of meme coins in a single transaction. The platform adjusts its portfolio, ensuring exposure to top-performing meme coins while minimizing risk.
Top Alt Season Picks
As altcoin season approaches, getting in early on promising projects is the key to maximizing returns. The market is shifting, and new presales like Solaxy, Mind of Pepe, Best Wallet, and Meme Index are setting the stage for massive growth.
However, the most exciting meme coin presale right now is Doge Uprising. With strong community backing, staking rewards, and a unique ecosystem, it has everything needed to become one of the biggest meme coins of 2025.
The presale won’t last forever, and with prices increasing at each stage, now is the time to get in before it explodes. Savvy investors are securing their positions—will you?
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?
Coinbase is trusted by BlackRock and has a Deposit protection.
Coinbase has super low fees and is almost an industry leader in this category.
Coinbase has the best customer support in the industry according to our tests.
The following table explains why Coinbase is the best choice for buying WAVES.
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!
On the Coinbase dashboard, navigate to the “Buy/Sell” section.
Select WAVES from the list of available cryptocurrencies.
Enter the amount of WAVES you wish to purchase, either in your local currency (e.g., USD, EUR) or in WAVES.
Choose your payment method (e.g., bank account, credit card).
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.
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:
Navigate to the Credit Card Section: In the top menu, click on “Buy Crypto” and then select “Credit/Debit Card.”
Select Your Payment Currency: Choose WAVES as your cryptocurrency and select your payment currency (EUR, USD, etc.).
Enter Your Personal Information: Fill in your details as requested.
Verify Email and Phone Number: Binance will send verification codes to your email and phone number. Enter these codes to proceed.
Proceed to Payment: After verification, click “Next” to enter your credit card details and complete the payment.
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:
Deposit Cryptocurrency: If you have crypto in another wallet, transfer it to your Binance wallet. Click on “Wallet” > “Fiat and Spot” > “Deposit.”
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.
Transfer the Funds: Send the crypto from your external wallet to the Binance deposit address provided.
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.
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.
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:
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:
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.
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.
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.
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.
Multiple Payment Methods: Users can purchase WAVES using various payment methods, including bank transfers, credit cards, and sometimes even PayPal, depending on their location.
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.
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.
Dedicated Customer Support: Anycoin offers responsive customer support, providing assistance with any issues or inquiries that might arise during your experience on the platform.
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:
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.
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.
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.
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.
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.
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:
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.
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.
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.
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.
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.
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.
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.
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.
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:
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.
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.
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.
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.
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!
