Worldwide Asset Crypto
| WAXP Crypto | USD 0.05 0 3.58% |
Performance15 of 100
| Risk Of DevaluationLess than 48
|
Worldwide Asset is trading at 0.0539 as of the 28th of November 2024, a 3.58 percent decrease since the beginning of the trading day. Worldwide Asset has 48 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Cryptocurrency ratings for Worldwide Asset eXchange are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Worldwide Asset eXchange is peer-to-peer digital currency powered by the Blockchain technology. More on Worldwide Asset eXchange
Moving together with Worldwide Crypto Coin
Worldwide Asset eXchange is a digital token from an online market maker for p-to-p digital money denominated as Cryptocurrency. Worldwide Asset eXchange has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Worldwide Asset eXchange are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Worldwide Asset eXchange are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
Worldwide Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Worldwide Asset's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Worldwide Asset or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
Worldwide Asset eXchange is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 7 exchanges in multiple currencies. The WAX Protocol is a DPoS blockchain that is designed to scale alongside a microservice layer to create specialized infrastructure for digital goods marketplaces. The platform includes a decentralized marketplace, virtual item trading and generation, and wallets. The WAX Blockchain operates on a token-based economy where consumers provide resources, and the ecosystem pays for itself, with participants guiding its development and benefiting from its growth. The WAX microservice layer provides necessary marketplace functions for growth and scalability without requiring a massive investment in infrastructure. | |
| Algorithm | DPoS |
| Coin Type | Worldwide Asset eXchange |
| Industry | Financial and Insurance Activities |
| FINMA | Utility |
| FCA | Utility |
| Access | Permissioned |
| Collateralized Asset | No |
| Symbol | WAXP |
| Name | WAXP |
| Sponsored | false |
| Asset Whitepaper Url | View |
| Is Trading | true |
| Asset Launch Date | 2017-12-19 |
| Full Name | Worldwide Asset eXchange (WAXP) |
| Asset Website Url | https://wax.io/ |
| Asset Token Status | Upcoming |
| Block Number | 342.49 Million |
| Platform Type | blockchain |
| Coin Name | Worldwide Asset eXchange |
| Total Coins Mined | 4.29 Billion |
Worldwide Asset (WAXP) is traded on CRYPTO Exchanges. Worldwide Asset eXchange is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Nano-Cap' category with a current market capitalization of 25.26 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Worldwide Asset's market, we take the total number of its shares issued and multiply it by Worldwide Asset's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Worldwide Asset's Exchanges and Markets
HitBTC BitMart Binance Korbit Bithumb CoinEx LBankWorldwide Asset eXchange Risk Profiles
| Mean Deviation | 3.95 | |||
| Semi Deviation | 4.01 | |||
| Standard Deviation | 5.49 | |||
| Variance | 30.12 |
Worldwide Asset eXchange Technical Analysis
When it comes to investing in cryptocurrency, such as Worldwide Asset eXchange, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Worldwide Asset, which is currently traded at 0.0539, shows everything you need to know about Worldwide Asset eXchange market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Worldwide, to determine its price movements. However, the Worldwide Asset's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Worldwide Asset's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Worldwide Asset's future price trendTransformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Worldwide Asset eXchange Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Worldwide Asset price patterns.
Worldwide Asset Against Markets
Be your own crypto manager
Our tools can tell you how much better you can do entering a position in Worldwide Asset without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.Did you try this?
Run Risk-Return Analysis Now
Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
How to invest in Worldwide Asset eXchange
You need to understand the risk of getting into digital currencies such as WAXP before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Worldwide Asset in four ways:Buy WAXP through an exchange
Get yourself a crypto wallet before embarking on your Worldwide Asset eXchange journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Worldwide Asset eXchange. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.Purchase fractions of Worldwide Asset through an exchange
You don't have to buy a full token when starting out since WAXP is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.Trade Worldwide Asset eXchange through a broker
If you don't want to store your Worldwide Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.Invest in WAXP through an exchange-traded fund (ETF)
You can also invest in WAXP through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.Investing Ideas
In addition to having Worldwide Asset in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worldwide Asset eXchange. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.