Dear cryptoholics,

I have gathered a little crypto currency portfolio that consists of several coins. 
Sometimes I am in such a frenzy to get the next new coin that I am not really sure what I bought there...

**One of these coins is: Waves [WAVES]**

![Tsunami_by_hokusai_19th_centurywaves.jpg](https://steemitimages.com/DQmXg48J8yp1J2rujrbD3tE6jWR9zMbywnvqg2Coe3tLzie/Tsunami_by_hokusai_19th_centurywaves.jpg)


<h1>Waves STATS</h1>
Coin: Waves [WAVES]
#17 biggest crypto currency
Market cap: 426m$
Supply/ volume of coins: 100m
Price: $4.24 (0.00167589 BTC)
Costs to create your own asset/ token/ coin: 1 WAVES
Time to create your own asset/ token/ coin: 10 minutes
Current assets: 2235

![Screen Shot 2017-06-28 at 19.30.05.png](https://steemitimages.com/DQmbLG8v3FJWkz4cc45wuiYxjEpdqmuNwydYFjbXs6y26Zm/Screen%20Shot%202017-06-28%20at%2019.30.05.png)

<h1>What can you do with Waves</h1>
- Waves was invented to make creating your own assets/coins easy as hell.
- It has an integrated **decentralized** market exchange
- you can create your own master node (minimum 10k Waves required) or make Waves by leasing your waves to another Master Node

<h1>Where/ how can I get Waves</h1>
a) You can buy waves directly on the integrated market (Waves Decentralized Exchange)
b) from other individual who has WAVES 
c) any exchange that has this coin listed (e.g. Bittrex)

<h1>Buying Waves at the integrated exchange</h1>

<h2>1. You need to get a Waves client. I will always prefer a desktop solution over a mobile client, but there are several options to choose. Just go to the Waves homepage and download/ install it</h2>
*I went for the Chrome Extension in this case*
https://wavesplatform.com/downloads.html

![Screen Shot 2017-06-28 at 22.12.31.png](https://steemitimages.com/DQmf3iVr9N2351cZxtjFkT5bmTa7QVam1vpYDo7eu9vsfiN/Screen%20Shot%202017-06-28%20at%2022.12.31.png)

<h2>2. Deposit BTC on your Waves Wallet.</h2>
*I am always doing a small test transaction with the minimum required amount first*

![Screen Shot 2017-06-28 at 19.50.30.png](https://steemitimages.com/DQmW6vcnzeMEf4BzBLam9QXw4qjYno1aaHSjiPirjqLAy5B/Screen%20Shot%202017-06-28%20at%2019.50.30.png)

![Screen Shot 2017-06-28 at 19.50.48.png](https://steemitimages.com/DQmeAkZWnKRYnGYQeyfbx9DkBxqWcqi4tUbPyjVoqi13UWq/Screen%20Shot%202017-06-28%20at%2019.50.48.png)

![Screen Shot 2017-06-28 at 19.51.12.png](https://steemitimages.com/DQmNxrEE5ntadd7n6vouFzuovousGQ4Ba6a12TkGJubB94S/Screen%20Shot%202017-06-28%20at%2019.51.12.png)

<h2>After 10 minutes successfully transferred some micro BTC</h2>
![Screen Shot 2017-06-28 at 20.30.43.png](https://steemitimages.com/DQmQ59Wm8fGV6LNmLYJHYp7tXvanNGHiTdTPrqDio7nfdHd/Screen%20Shot%202017-06-28%20at%2020.30.43.png)

<h2>3.Go to the internal exchange and trade buy Waves for BTC.</h2>

*click the icon*
![Screen Shot 2017-06-28 at 20.31.56.png](https://steemitimages.com/DQmPVjNZi33awQFYDf21H8kA2DKtMEMKMDszrftngAMkURf/Screen%20Shot%202017-06-28%20at%2020.31.56.png)

![Screen Shot 2017-06-28 at 20.31.44.png](https://steemitimages.com/DQmcKDsCKWrA83kksYjx2VNdfAE4QRo9d9vaBbmk62ex1zX/Screen%20Shot%202017-06-28%20at%2020.31.44.png)

**Always make sure that a coin like Bitcoin, ETH, etc. is verified by Waves, because anyone can create a token with a very similar name. This is the one and only Bitcoin BTC. Identified by the green check mark!!**

![Screen Shot 2017-06-28 at 23.03.38.png](https://steemitimages.com/DQmSGAT2dzrdujnxPSr5faPY9B34mRvLhgrzS8fk9vrXooe/Screen%20Shot%202017-06-28%20at%2023.03.38.png)

<h2>4. Go to the section "Waves sell orders" and pick the lowest price at the top. make sure there are enough coins available for your order</h2>
![Screen Shot 2017-06-28 at 20.33.24.png](https://steemitimages.com/DQmUuXikqw8iid8YBfZ7PNPxN8PMxTQxgH7VhHVz8JzcPSh/Screen%20Shot%202017-06-28%20at%2020.33.24.png)

<h2>5. Enter the amount of coins you want to buy at the bottom and submit your order. "Buy"</h2>
![Screen Shot 2017-06-28 at 20.33.49.png](https://steemitimages.com/DQmVkG6jTjqLpJV31AYV1eXb5ymTbfyeEeJLQ81W57asMwR/Screen%20Shot%202017-06-28%20at%2020.33.49.png)

<h2>6. wait for your order to be processed and check your Balance. (This is of course my total balance)</h2>
![Screen Shot 2017-06-28 at 22.29.45.png](https://steemitimages.com/DQmbEbSpeoFEC9wqTzBRZboGUupWiFnFQB5YHoFChzszgSt/Screen%20Shot%202017-06-28%20at%2022.29.45.png)

<h2>You are now the proud owner of some Waves</h2>
https://images.fineartamerica.com/images/artworkimages/mediumlarge/1/surfer-girl-at-bowls-5-paul-topp.jpg

-----------

<h1>How to create your own coin / Practical Example: KOALA coin </h1>

<h2>1. Go to section "Token Creation*</h2>
![Screen Shot 2017-06-28 at 22.41.28.png](https://steemitimages.com/DQmYGWWKfYNkDZZq6BP35GfU5xvjqdiQa5jhbQ5xz5K4DpF/Screen%20Shot%202017-06-28%20at%2022.41.28.png)

<h2>2. Insert your desired coin name, amount of coins, decimals, re-issuable yes/ no(i went for the option no, because I don't want to play central bank and issue some more tokens later^^)</h2>
![Screen Shot 2017-06-28 at 20.52.55.png](https://steemitimages.com/DQmUri27SFLNzWM3pvBsksLU9oMfmZwaMDqVL8MzPs3Kscm/Screen%20Shot%202017-06-28%20at%2020.52.55.png)

<h2>3. For this example I have created the KOALA coin</h2>
![Screen Shot 2017-06-28 at 21.06.29.png](https://steemitimages.com/DQmSidKnPren38pyNGt28xHY6aRwsZwAYdvTkoTSQ1m5hon/Screen%20Shot%202017-06-28%20at%2021.06.29.png)

<h2>4. it costs you 1 Waves to create this. double check everything and submit</h2>
![Screen Shot 2017-06-28 at 21.08.24.png](https://steemitimages.com/DQmaEqcqk5bB6sLeEWZZiFJE7a55V6B8YSRiLZ9dGu9yhzH/Screen%20Shot%202017-06-28%20at%2021.08.24.png)

*Wait a few minutes for your coin to show up*
![Screen Shot 2017-06-28 at 21.09.08.png](https://steemitimages.com/DQmQ5mGwJQSNwvPQTuz6csjJVbQHpZr2E9CkHgbsNht2FYo/Screen%20Shot%202017-06-28%20at%2021.09.08.png)

<h2>You have successfully created your own coin</h2>
![Surprised-Koalacoin.jpg](https://steemitimages.com/DQmeTgZb9Bh62Wu1QTGF8MFvscZ2XJReLXtf3LFbkEQZ843/Surprised-Koalacoin.jpg)

*Waves Asset 2231 = KOALA*
![Screen Shot 2017-06-28 at 22.58.54.png](https://steemitimages.com/DQmeyCngHySF4TQky4nQyemLKkrBZtWtj4jrZkUZdE2ErXH/Screen%20Shot%202017-06-28%20at%2022.58.54.png)

*I am not sure what to do with it yet. Maybe it can help to save the Koalas somehow?... Ideas, plans are welcome =)*

<h1>Every comment on this post will receive one free KOALA</h1>
Just provide our Waves address in the comment section of this Steemit blog post.
Waves addresses look like this:
**3PGBcZCs6yRJTB7UmY3rmMoN1uxSzSz8Xoz**

------------

<h1>How to lease your Waves to make even more Waves</h1>
*If you want to have a masternode to "mine" Waves you need at least 10k Waves. If you don#t have that kind of Waves, you can still lease it to another Waves masternode and receive rewards*

<h2>Go to Leasing</h2>
![Screen Shot 2017-06-28 at 22.54.25.png](https://steemitimages.com/DQmZ7wCzcA8Uc8tubxDHY4fc3VTRBLqbF8D15A4iayS63iV/Screen%20Shot%202017-06-28%20at%2022.54.25.png)

![Screen Shot 2017-06-28 at 21.48.50.png](https://steemitimages.com/DQmSqT6LNeU5UXyd1B2u996szstMBLZVCBGxCsHJrz7EN8P/Screen%20Shot%202017-06-28%20at%2021.48.50.png)

<h2>Insert Waves address of a masternode</h2>
*A link to a list of masternodes can be found in the section at the bottom*
![Screen Shot 2017-06-28 at 21.49.12.png](https://steemitimages.com/DQmUxwZ53hhuxoc57yAU5H82vV9qWNaxnB6vQxBwo4t3krQ/Screen%20Shot%202017-06-28%20at%2021.49.12.png)

<h2>Double check and submit</h2>
![Screen Shot 2017-06-28 at 21.49.26.png](https://steemitimages.com/DQmar4PkwCdvYUva6jfLuny4Dndx4C7kwtpc7s5fHVSXXV3/Screen%20Shot%202017-06-28%20at%2021.49.26.png)

![Screen Shot 2017-06-28 at 21.49.49.png](https://steemitimages.com/DQmQknBn9qMDzV4Nf7MBoKgVRE5PoCzqsQRCxbN6mkTHYpF/Screen%20Shot%202017-06-28%20at%2021.49.49.png)

<h1>Success again. You are now leasing Waves and should receive rewards after a few days</h1>
*Example:*
![Screen Shot 2017-06-28 at 23.12.54.png](https://steemitimages.com/DQmXNHfFdMz5GscgHGLg9HTmFLFw1sThppk1tChy8bxxoZ8/Screen%20Shot%202017-06-28%20at%2023.12.54.png)

----------

<h1>Special</h1>
this song has nothing to do with the coin, just a coincidence^^
https://www.youtube.com/watch?v=Bglau-hHPOU

Just found another video that is quite cool called *Waves in a nutshell*
https://youtu.be/7VCtlMnvRXM

<h1>Sources/ Links</h1>
https://wavesplatform.com/
https://wavesplatform.com/files/whitepaper_v0.pdf
https://coinmarketcap.com/currencies/waves/
http://dev.pywaves.org/assets/
https://bittrex.com/Market/Index?MarketName=BTC-WAVES

*This is not an investment advice or guarantee to be 100% accurate, just my own experience and thoughts.
If you find anything that is really wrong please mention it in the comment section and I will verify/ update the content*

Feel free to donate some WAVES to me:
18ChnjFsW6fkknBSD2PJDWeSMjnY7wnFjs

**Upvote, comment, follow & resteem for more stuff like this**
@blocklab