WallFair

The WFAIR token is available to be purchased on two networks.

The Ethereum network and the Polygon network.

The Ethereum network is the most commonly used, but it has the disadvantadge of having more expensive fees to be paid on every transaction. The transaction fees (a.k.a ”gas fees”) might cost between from $40 to $120 per transaction, but the cost depends on how high is the usage of the network.

The Polygon network, on the other hand, has very low transaction fee costs. Each transaction costs usually less than $1 and it is perfect for decentralized applications that require many transactions.

There's a different way of buying the WFAIR token on each network. The following topics will provide you guidance on which network you could choose and also how to buy it.

Buying WFAIR as an investment

In case you are buying WFAIR as an investment and you don't intend to use the tokens on the event betting platforms or staking service, you can buy WFAIR on Ethereum network.

‍

Bitmart, a centralize exchange, can be used to do so.

‍

For that you even don't need to install a wallet on your computer. However, you need to register an account and then you can keep the tokens on the exchange account just like you do on a bank or stocks account. Furthermore, if you want to withdraw the tokens to your own Ethereum wallet (or to your bank account), it's also possible.

Buying WFAIR to stake or to use on Wallfair platform

In order to deposit WFAIR on the Staking platform to gain passive income, the tokens need to be purchased on the Polygon network. Even though our event betting and casino platforms accept WFAIR tokens on Ethereum, we recommend using Polygon as the platform will run nativelly on Polygon and the network has a very cheap (gas) fee per transaction.

The way to purchase WFAIR tokens on Polygon requires some more steps which will be covered on the following steps and explanation video.