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Highlights
- Some of the cryptocurrencies other than Bitcoin are becoming very popular among crypto lovers.
- Cryptos like Wanchain and Waves are drawing huge interest nowadays.
- Wanchain does not require a third-party platform to authenticate transactions.
Cryptocurrencies have seen overwhelming growth in the past year. Apart from major cryptocurrencies like Bitcoin, Ethereum, Cardano, Polkadot, etc., many other cryptos are alluring tech-savvy investors, owing to their unique and innovative features.
Kiwi crypto investors, too, are allured by investing in these new-age digital currencies and are looking at relatively newer and innovative cryptos.
Do Read: Easy Crypto: Is it a safe platform for crypto trading in NZ?
Having said that, let us look at two of the most popular cryptos being traded at Easy Crypto.
Source: © 2022 Kalkine Media®
Wanchain
Wanchain crypto is one of the most popular cryptocurrencies at Easy Crypto this week. Currently, the crypto is priced at NZ$0.733416, and is up by 15.8% in the last 24 hours.
Launched in 2017, Wanchain is a distributed ledger and makes use of the proof-of-stake mechanism. It aims to develop the ultimate decentralised banking solution and establish the infrastructure that enables cross-chain integration with all the top public as well as private blockchains.
Further, the platform does not rely on third parties to confirm or authenticate transactions, and its protocol processes applications through smart contracts, securely and autonomously, i.e., its secret-sharing technology manages accounts autonomously.
It is noted that it has a circulating supply of over 192 million WAN coins, while the maximum supply is 210 million.
Also Read: Is Fantom a crypto? Does Easy Crypto offer trading in Fantom?
Waves
Another crypto that is hugely sought-after by crypto lovers is Waves, whose native token is also known as WAVES. At the time of writing, Waves was priced at NZ$32.31, with a decline of 8.6% in the last 24 hours.
Do Read: Does Kraken crypto exchange operate in NZ?
Created in 2016 by Alexander Ivanov, a Ukraine-born scientist, Waves is a multi-purpose blockchain platform that makes use of WavesNG, which is a modified proof-of-stake algorithm.
It aims to improvise early blockchain platforms and products and aspires to be eco-friendly with a minimal carbon footprint.
The platform supports various DApps and smart contracts and delivers extremely fast experiences with extremely low costs.
Currently, there are nearly 107 million WAVES coins in circulation, while the maximum supply is not available.
Interesting Read: 3 cheap cryptos trading on Easy Crypto- Polygon, Dogecoin, Nano
Bottom Line
Crypto markets, though lucrative, are highly speculative and experience steep price fluctuations. A vigilant approach should be undertaken before making any crypto-related investment.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
