How to Swap WAX to BNB?  

The crypto markets are in turmoil, with stark regulations being the main culprit. However, this means that many altcoins can provide a lot of volatility and upside potential in the short term. 

Binance coin has a strong narrative, despite the regulative woes that have been troubling its price action. The WAX blockchain, on the other hand, has been struggling to remain relevant. Could this be the best time to exchange WAX to BNB? 

To answer this question, we take a look at the basics behind WAX and BNB and provide price predictions from reputable sources. Finally, we will list three great ways to swap WAX to BNB. 

Understanding WAX

WAX (Worldwide Asset Exchange) is an NFT and gaming-oriented smart contract platform. It provides great scalability and allows users to mint NFTs at low fees. WAX came onto the market to act as an alternative to Ethereum, where minting NFTs is almost prohibitive in gas fees. 

As a result, it managed to gather some great partnerships such as HotWheels, FunkoPop and Marvel. This allowed the WAX token to experience staggering growth in the bull market of 2021 and a price of $0.8 per token. 

That said, given the reduced interest in the NFT market, WAX has plummeted in value lately, going as low as $0.05 at present. 

WAX Price Prediction

Although the price of WAX has significantly retraced, prediction websites still have some optimistic predictions for the token. Priceprediction.net, for instance, gives a target of $0.14 for 2025, a 3x increase from the current levels. Digitalcoinprice.com is even more enthusiastic, with a target of $0.17 for the same period. 

What Do We Know About BNB?

Binance coin or BNB is the utility token of the Binance Ecosystem. Initially, this cryptocurrency was created to provide rebates for traders on the Binance exchange. However, it gained multiple use cases over the years. 

With the release of the Binance Smart chain in 2019, BNB has become one of the most used cryptos in the industry. Thanks to the success of this smart contract platform, users can utilize BNB as gas and plug it into the growing DeFi of the protocol. 

Today, BNB holders can provide BNB liquidity, access yield farms, lending platforms, and much more. This makes it incredibly versatile and in high demand for users that want to participate in the Binance Web3 ecosystem. 

BNB Price Forecast

The BNB token managed to conserve a lot of its value in the bear market, compared to other protocols. From a high point of $690, it has now retraced to around $250. 

With this in mind, Priceprediction.net provides a bullish forecast for BNB of $729.73 in 2025, exceeding its all-time high. Digitalcoinprice.com aims a bit higher, with an $867.15 target in two years’ time. 

WAX to BNB: Best Exchange Platforms

Exchanging WAX to BNB requires a reliable and secure platform. What’s more, an exchange that allows you to directly swap one for the other is preferred, so that you don’t have to go through the extra step of swapping to stablecoins. 

Godex

Godex is a privacy-oriented exchange that doesn’t require registration to begin swapping tokens. Moreover, it provides cross-chain swaps that allow you to instantly exchange your crypto. 

In addition, you can compare CRO vs BNB prices on the fly, and assess the best moment to swap for the highest profits. Finally, note that there’s no upper limit, so you can anonymously exchange large amounts of capital. 

Atomic Wallet

Atomic Wallet is a web and mobile wallet app that integrates crypto swaps. As a non-custodial wallet, it gives you the opportunity to carry out swaps in a decentralized manner. 

Binance

Binance is the largest centralized exchange in the world and offers BNB as one of its base currencies. A significant drawback is the extensive KYC process you need to go through before trading and withdrawing funds. 

Time to Swap WAX for BNB With Profit

With all that in mind, we can conclude that exchanging WAX for BNB could be a smart move in the current crypto environment. BNB has a lot of upsides and is onboarding more users each day, whereas WAX is struggling to hold liquidity.