Last update: Jun 6, 2022

How to Buy Wanchain (WAN)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Wanchain. Depending on your country, you’ll have different exchanges to choose from.

In this guide, we not only cover the top 3 global cryptocurrency trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Wanchain

How to Buy Wanchain – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Wanchain of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Wanchain

Now that you have what you need to buy Wanchain, head over to the market or buy section of the cryptocurrency exchange and buy some WAN.

If the crypto exchange doesn’t have any Wanchain on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Wanchain first), and trade your Ethereum for Wanchain.

Where to Buy Wanchain (WAN)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Wanchain

  1. Sign into the cryptocurrency exchange where you bought Wanchain.
  2. Move your Wanchain to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Wanchain.

 

Crypto trading

How to Buy Wanchain (WAN) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Wanchain in Australia, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Wanchain if it’s available. If the exchange doesn’t have Wanchain. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Wanchain), and trade your ETH for Wanchain.

You can also check out our comparison of the crypto brokers in Australia If you’re looking to learn more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Wanchain (WAN) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Wanchain in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Wanchain if it’s available. If the exchange doesn’t have Wanchain. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Wanchain), and trade your ETH for Wanchain.

Also, check out our comparison of the bitcoin trading platforms in Canada for those curious to know more about which ones we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Wanchain (WAN) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Wanchain in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Wanchain if it’s available. If the exchange doesn’t have Wanchain. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Wanchain), and trade your ETH for Wanchain.

If you’d like to learn more about the exchanges we recommend, look at our list of the top 10 crypto exchanges in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Wanchain? WAN Rundown

Wanchain, a distributed ledger, allows cross-chain transactions as well as interoperability between multiple chains. Wanchain allows transactions to be made between different blockchains. However, it can also function as a standalone blockchain that operates autonomously. It acts as a distributed blockchain and processes and records cross-chain transactions.

Wanchain transactions can be made between public and private blockchains. Wanchain is an Ethereum ( ETH_) fork and enjoys many of the same properties as the Ethereum blockchain. Smart contracts allow the protocol to process applications securely and autonomously. Wanchain can be used to create decentralized exchanges ( DEXs), lending platforms, borrowing platforms, stablecoins and crowdfunding. It also facilitates multi-currency payments, settlements and payments.

It is completely decentralized and does not require any custodian to verify transactions. Wanchain is not like other cross-chain systems that rely on third-party platforms to authenticate transactions. To protect and manage accounts on Wanchain, the locked account mechanism eliminates third-party interferences.

Wanchain aims to expand the market for digital assets through connecting different standalone chains. Through smart contracts, security systems, and its own coin (WAN), the platform was able to create a variety of applications.

Third-party platforms are used for most cross-chain transactions. Wanchain's uniqueness is in its decentralization. To manage accounts independently, the platform uses multi-party computing and threshold-secret-sharing technology.

There are three main cross-chain functionalities that the platform offers. The registration module is one of these functionalities. It also has a cross-chain transaction information transmission module and a transaction status question module. These three components are required from the beginning to the end of any connection. Similar projects to Wanchain are Ripple ( XRP), and ICON ( ICX).

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.