BTMs Aren’t Just for Bitcoins! (Part 4)
Altcoins for Investing, Researching, Computing and More!
Over the past three posts we’ve been looking at all the categories of altcoins available for trade at Coin Cloud BTMs. In this fourth and final article of the series, we check out the coins and tokens used for exchanges, artificial intelligence, computing and more.
Some platforms are designed for the buying, selling and trading of digital assets. Digital currencies in the swap category are made for trading assets on these platforms and marketplaces.
Worldwide Asset eXchange (WAX)
The Worldwide Asset eXchange (WAX) platform is designed to let you safely and conveniently create, buy, sell and trade things — whether digital or physical — instantly and securely. The global community on the exchange includes buyers, sellers, traders, collectors, merchants, creators, gamers and developers. Their suite of blockchain-based tools is limited only by your imagination.
You can build an online store using their B2B tools, buy and sell gift cards, or create a digital version of something in your closet. The idea to create this platform came from the founders’ involvement with digital goods exchange OPSkins, one of the world’s largest marketplaces of its type, where trends showed most transactions were between countries and less than $25. They decided that blockchain technology would make this process cheaper, faster and more convenient for users.
Announced in 2017 and revamped in 2019, the WAX platform has gone through some evolution. WAX tokens, originally Ethereum-based, are now on their own WAX Protocol blockchain.