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Category: WAX Token

The World’s First eSports Tournament with a Cryptocurrency Prize Pool has Arrived

This weekend Play2Live (P2L), the first entirely blockchain-fueled streaming platform, is hosting the world’s first eSports tournament with a cryptocurrency prize pool.

The CS:GO tournament takes place on February 24-25 in Minsk and broadcast in seven languages. The tournament features eight international teams competing for the main prize of $100,000 in P2L’s token.

 “We are even more excited to host the world’s first ever eSports tournament with crypto prize: an event, that will become a milestone in further integration of the blockchain technology into gaming industry,” said Alexey Burdyko, CEO and Founder of Play2Live.

Cryptocurrency has continued to grow in popularity throughout the video gaming community in recent months. In-game item and skin traders are naturally familiar with the intricacies of trading cryptocurrencies, as both have similar traits. OPSkins recently launched it’s own cryptocurrency, WAX, to make it easier, cheaper, faster, and safer to trade in-game digital items. WAX is currently in it’s infancy and still in Alpha stage, with the final product expected in late 2018. The final product is a custom blockchain and protocol token, which will enable all of the unique features of the Worldwide Asset eXchange including buying and selling items through the use of smart contracts, sharing fee income among multiple parties, pegged asset contracts managing volatility, pledging to guilds, enabling exchange widgets, and more. It will also enable nearly anyone to operate their own virtual items trading marketplace similar to OPSkins.


OPSkins to Add Fishbank Tokens

We are pleased to announce that Fishbank tokens will be added to the OPSkins Marketplace! Fishbank is the new generation player-versus-player (PvP) game based on Ethereum smart contracts. The game enables collecting, growing and trading digital fish, each with its unique type, image, colors, and characteristics. Your fish can be used to battle other players’ fish to become more powerful by gaining opponent’s weight. Every fish is a ERC-721 token, also know as Crypto Collectibles.

Just like skins, Fishbank tokens are one-of-a-kind digital items that can vary in price and will be tradable on the OPSkins Marketplace and can be purchased either with your OPSkins Wallet Funds account balance or with WAX Tokens. Stay tuned for updates about when the integration is live in a few weeks.


You Can Now Use WAX Tokens on OPSkins!

Update: While WAX is in the alpha phase on OPSkins, daily transaction limits are subject to change. The limit amount is dynamic and can fluctuate based on which features are being tested. The limits will eventually be raised or lifted. Thank you for your patience while we work to make WAX on OPSkins the best that it can be.

WAX is now live on OPSkins! Any item on OPSkins can be bought and sold using WAX Tokens, which is now the cheapest, fastest, and easiest way to trade on our marketplace.

With this implementation comes a host of new features, which we’re here to break down for you:

Using WAX Tokens on OPSkins:

In the past, you could transact on OPSkins using two currencies: OPSkins Wallet Funds and Operation Points. WAX is now the third currency.

WAX Token

Viewing your account balances:

When you visit your Account page, you’ll see some new sections. The first is Account Balance > View Account Balances. Click on that and you’ll see a dropdown that shows your account balances of each of the three currencies.

WAX Token

Depositing WAX Tokens to your OPSkins Account Balance:

To deposit WAX Tokens to your Account Balance, you can click the + sign next to WAX in the Account Balances section of your Account page.  Send your WAX Tokens to the ETH address provided. You can also click “Deposit WAX Tokens” on the Add Funds page.

WAX Token

Withdrawing your WAX Tokens:

With WAX, there are no traditional “cashouts” like with other payment processors. Instead, you’ll be withdrawing your WAX Tokens to an ERC-20 compatible wallet address of your choice. The official wallet partner of WAX is, but you can use any ERC-20 compatible wallet. On your Account Balances section of your Account page, click the – sign next to WAX. Enter the amount of WAX you wish to withdraw, the wallet address, and click withdraw. Please note that as with all other payment methods, you can only withdraw WAX Tokens that you earned from item sales – you cannot withdraw WAX Tokens that you deposited.

WAX Tokens

View your Cryptocurrency Withdraw & Transaction History:

Your Cryptocurrency Withdraw History can be found at the bottom of your account page.

WAX Token

As well as your transaction history:

WAX Token

Sellers can choose to accept WAX Tokens as payment:

Sellers can choose to accept any currency of their choice (although accepting USD is mandatory for every OPSkins account). By default, the proceeds from item sales will be deposited to the sellers OPSkins Wallet Funds and converted to USD as it’s been done in the past. However, sellers can now choose to accept WAX if the buyer pays for the item with WAX. If you indicate that you wish to accept WAX, the tokens will be deposited directly into your WAX account balance, rather than your OPSkins Wallet Funds. To change these settings, click “Currencies Accepted” on your Account page and check the box next to “Accept WAX”.

WAX Token

Buyers can choose to view item prices and pay in WAX Tokens:

You can choose whether you wish to view items in WAX pricing or just USD. To change this, visit Advanced Options > Show Cryptocurrency Price and select WAX from the drop down.

Item prices will appear as such:

WAX Token

To pay with WAX Tokens, when you visit your shopping cart you will have the option to “Pay with Cryptocurrency?” Select WAX Token here.

WAX Token

Convert your OPSkins Wallet Funds to WAX Tokens:

You can convert your USD to WAX and vice versa. To do this, click your name to reach the drop down menu and select “Convert Balances”. Here, you can choose the type of fund you wish to convert – either funds that are withdrawable/cashoutable (funds earned from item sales), or transfer funds that are not withdrawable/cashoutable (funds added via the Add Funds page or deposited to your WAX account balance). 

Remember – as with all other payment processors, you can only withdraw or cashout funds earned from item sales, so for example if you have USD that you added to your OPSkins Wallet Funds via PayPal, you can convert it to WAX via the “transfer only” option, but you cannot withdraw that WAX. However if you have OPSkins Wallet Funds that you earned from item sales, you can convert that to WAX via the “Available for Withdrawal” option and withdraw that WAX to an ERC-20 compatible wallet.

WAX Token

Click the fund you wish to convert, enter the amount, and click calculate to see how much of the other fund type you will receive. If you like what you see, click “Convert” and your wallet balances will update accordingly.

That’s it! Many more updates to WAX on OPSkins will be coming in the future, so stay tuned! Let us know what you think in the comments.



The Creator of Call of Duty on Why He’s Excited to Work with the WAX Token & OPSkins Team

Dave Anthony, Founder & Creator of Call of Duty, is a WAX Advisor

Dave Anthony, the creator of Call of Duty, joined the WAX Token Team as an advisor. Curious what his thoughts on WAX and the digital items trading industry are? Here are some of the highlights from his recent article on Medium:

“WAX understands the value of a great user experience.

All gamers want to do is play games. They don’t wanna be worried about currency. They don’t wanna worry about “Am I gonna lose my money?” They just wanna play the game.”


“What WAX offers to the gamers is very exciting. I’m involved as this is improving the gamer experience.”


“Not being complacent in what they’ve done with their skins trading site OPSkins, [the WAX founders are] setting themselves up to revolutionize the gaming space with WAX, is definitely something I want to be involved in.

In the future, I think more and more gamers will use it; word of mouth will make it a phenomenon. I spent years thinking about this subject.”


“And the ability to monetize it has huge potential. I can’t see it doing anything other than exploding.”

Want to get involved in WAX? OPSkins customers have exclusive access between now and November 1st. Get started here.



The Winners of the $10,000 Video Contest!

Congratulations to the winner of the $10,000 Grand Prize in the OPSkins Video Contest! We also have prizes for winners up to 11th place. Watch the videos below!

And a reminder that the reason we gave away $15,000+ for this contest, the WAX Token OPSkins Exclusive Main Sale, is now live! 

The winner of the $10,000 Grand Prize:

The Runner-Ups:

2nd place: $1,000

3rd place: $900

4th place: $800

5th place: $700

6th place: $600

7th place: $500

8th place: $400

9th place: $300

10th place: $150

11th place: $100



Instant Ethereum Cashouts are Now Live

You can now instantly cashout your OPSkins Wallet Funds for Ethereum (ETH). 

Ethereum Cashouts

Cashing out to ETH is simple. To convert your OPSkins Wallet Funds into ETH:

  • Visit the Cashouts page and select the amount of OPSkins Wallet Funds that you want to cashout (minimum $250), then navigate to the Ethereum section on the right sidebar (see screenshot above)
  • Paste your ETH wallet address into the corresponding field (you should never write an ETH wallet address by hand) and click save. You can find your ETH wallet address in your ETH wallet (don’t have one? see below)
  • Double check to make sure that you entered the correct wallet address. Then triple check. Then click “Request Instant Cashout”

Don’t have an ETH wallet? You can get one from MyEtherWallet (no download needed), JAXX , Mist (Desktop), Parity (Desktop), imToken (iOS), imToken (Android)