# New to WAX Blockchain?

## What is WAX Blockchain?

**MaxyLab** NFTs are built on the [WAX Blockchain](https://on.wax.io/wax-io/). While Maxylab has no control over the blockchain, we know you might want some help. Below are answers to some of the most common questions.

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WAX or WORLDWIDE ASSET EXCHANGE is the most used and transacted blockchain ecosystem in the world for NFTs, dApps and video games — providing the safest and most convenient way to create, buy, sell and trade both virtual and physical items to anyone, anywhere in the world.
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## Why WAX?

**The Worldwide Asset eXchange is certified carbon neutral**. Not only has WAX solved the environmental issues presented by NFTs minted on Ethereum, but also has an environmental mindset and is taking action to erase their carbon footprint. Working as a Proof of Stake system, creating carbon offset NFTs, and partnering with Climate Care, WAX has made huge strides in building a sustainable future.

**Playing NFT games** is a way to take ownership of the games you play. With dApps running on the WAX blockchain, earning NFTs is easy. And thanks to the very nature of how our technology works, doing so won’t cost you a fortune in transaction fees either.

## How to setup a WAX Cloud Wallet? <a href="#id-9a59" id="id-9a59"></a>

Setting up a new wax wallet should not take more than few minutes. Here is a complete guide on how to succesfully register yourself an account: [How to create a wax wallet.](https://medium.com/wax-io/how-to-create-a-free-wax-blockchain-account-2e654f0b9917)

## How to buy WAX? <a href="#a084" id="a084"></a>

The easiest way to get WAX is to buy it directly from [your WAX Cloud Wallet](http://wallet.wax.io/). After logging in, you will see a menu with an option to BUY WAXP (see image below). Clicking this option will show a list of crypto exchanges where WAX is available. Regulations vary from country to country (and state to state in the USA), and transaction fees vary depending on market and cryptocurrency, so do your own research before buying.



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The top cryptocurrency exchanges for trading in WAX stock are currently **Binance, Mandala Exchange, Huobi Global, Upbit, and KuCoin**
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If you have tokens from other WAX games or projects, you can exchange them for WAX on:

* [Alcor.exchange](https://wax.alcor.exchange/markets)
* [TacoSwap](https://swap.tacocrypto.io/swap)
* [DefiBox](https://wax.defibox.io/)\
