Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Efforce (WOZX)

Learn how to buy Efforce (WOZX) in our step-by-step guide.

You can buy Efforce (WOZX) on a cryptocurrency exchange like Huobi. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Efforce is a blockchain-based platform dedicated to saving energy. Here's how to buy Efforce.

How to buy Efforce in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Efforce is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – advcash, cryptocurrency, wire transfer and swift payments are widely accepted.
  4. Buy Efforce
    You can now exchange your funds for Efforce. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Efforce to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Efforce

Find an exchange to buy, sell and trade WOZX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, Wire transfer, SWIFT
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD, RUB

569
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

Compare up to 4 providers

How do I find the best places to buy Efforce?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Efforce?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Efforce.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing WOZX with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy Efforce with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy WOZX with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy WOZX on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy WOZX
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase WOZX by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for WOZX on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Efforce?

The easiest way to buy WOZX is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying WOZX, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Efforce has been performing recently.

Best Efforce wallets to store your WOZX

You can keep your WOZX on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Efforce a good investment?

Cryptocurrencies are highly volatile assets. Before purchasing any cryptocurrency both the potential upside and downside should be evaluated. Here are a few aspects to consider before purchasing WOZX:
  • Supply and tokenomics. The total supply of WOZX tokens is capped at 1 billion. According to the Efforce website, no new tokens will ever be minted. Of the 1 billion tokens, 450 million (45%) will be sold in a private placement. The whitepaper indicates that there is no set lock-up period for these tokens. Efforce Ltd received a further 20% allocation. A further 20% has been kept as an incentive for miners and 15% has been kept in reserve for the ecosystem.
  • Mining. Up to 200 million tokens are reserved for encouraging contributors, consumers and savers to participate in the energy-saving projects listed on the platform.
  • Centralized. At the time of writing, over 83% of all circulating WOZX tokens are kept within 3 wallets. This means the distribution of tokens is still highly centralized, with control sitting within a few hands.
  • Dual token model. Efforce uses a dual token model which combines the WOZX tokens with a native stablecoin. The stablecoin is intended to be used as operating capital, while the WOZX token is intended to provide platform rights and incentives.

Additional information about Efforce can be found using our WOZX analysis tools.

Today's Efforce price versus ATH

Compare today's price of Efforce ($0.089194 USD) against its all-time-high price of $3.66 USD on 09 December 2020. The closer the bar is to 100%, the closer WOZX is to reaching its ATH again.

Efforce's price: $0.089194
ATH date: December 09, 2020
2.44%

Efforce ATH: $3.66


How to trade, convert or sell Efforce

You can convert or sell your WOZX with the same exchange you bought it through:
  1. Sign in to the exchange you have WOZX on.
  2. If you store your Efforce in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of WOZX you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Efforce.
  6. Complete your transaction and move your WOZX to a wallet for storage.

Disclaimer: Cryptocurrencies, including Efforce, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of WOZX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Efforce or any other cryptocurrency discussed.

More guides on Finder

  • EthereumPoW (ETHW) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.

  • Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.

  • How to buy EthereumPoW (ETHW)

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).

  • How to buy Coinbase Wrapped Staked ETH (CBETH)

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on (CBETH).

  • How to buy Optimism (OP)

    This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.

  • How to buy Efinity (EFI)

    This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.

  • How to buy Threshold Network (T)

    This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.

  • How to buy UltraSafe (ULTRA)

    This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.

  • How to buy Stargate Finance (STG)

    This guide provides step-by-step instructions on how to buy Stargate Finance, lists some exchanges where you can get it and provides daily price data on STG.

  • How to buy Step App (FITFI)

    This guide provides step-by-step instructions on how to buy Step App, lists some exchanges where you can get it and provides daily price data on FITFI.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site