How and Where to Buy wLitiDAO (WLD) – Detailed Guide
- What is WLD?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy BTC with fiat money
- Step 3: Transfer BTC to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade WLD
- Last Step: Store WLD securely in hardware wallets
- Other useful tools for trading WLD
- Frequently Asked Questions
- Latest News for WLD
- WLD Price Prediction and Price Movement
What is WLD?
wLiti DAO (WLD)’s smart contract was deployed on Feb. 7th, 2022 and was listed on its first exchange (Quickswap) on Feb. 10th, 2022. It was created by a group of wLITI token holders who chose to use wLITI as the foundation for the WLD token. When a person deposits wLITI tokens into the DAO smart contract, WLD tokens are minted at a 1 to 1 ratio with the wLITI being deposited. wLITI tokens can be withdrawn from the DAO smart contract at any time, except for when the wLITI is converted into LITI tokens to represent all of the wLiti DAO members (a wLiti DAO member is anyone who owns WLD). When wLITI tokens are withdrawn from the DAO, the WLD tokens that are being swapped for the wLITI are burned at a 1 to 1 ration with the amount of wLITI being withdrawn.
wLiti DAO will continuously evolve overtime to serve the best interests of the wLiti DAO members. The wLiti DAO’s governance smart contract will not be able to execute any transactions unless the wLiti DAO members approve the transaction through the use of proposals and voting. Proposals are proposed transactions that the wLiti DAO’s governance smart contract can execute. The transaction proposals can be created by any wLiti DAO member. The transaction proposals must have a majority vote from the DAO members to be before they can be approved and will not be executed by the wLiti DAO’s governance smart contract if it does not have a majority vote from the wLiti DAO members.
In addition to wLITI being the foundational asset of wLiti DAO, the DAO owns more assets and offers additional services that will ultimately generate more revenue for wLiti DAO. This revenue will go to the DAO's treasury to fund the DAO's endeavors and / or be distributed to the wLiti DAO members. One of the assets that the DAO has acquired is 1% of a large investment default case that has a $1 billion claim. When awarded, a portion of this will be used to fund the DAO's treasury and the rest will be distributed prorata to the wLiti DAO members. wLiti DAO is working with other organizations, such as Athena Intelligence, to offer operational due diligence, scam prevention and insurance services to startup projects, vetting the company principals and offering ongoing scam / fraud monitoring protection and insurance. wLiti DAO’s treasury, owned and managed by the wLiti DAO members through the use of the wLiti DAO’s governance smart contract, will receive a one-time fee plus a small transaction tax to pay for future legal and investigative work. A portion of this revenue will be distributed prorata to the all of the wLiti DAO members. wLiti DAO members will also be able to take educational courses that are created by wLiti DAO, plus have the opportunity to earn bounties for field work, analysis, and penetration testing.
WLD was first tradable on 3rd Mar, 2022. It has a total supply of unknown. As of right now WLD has a market capitalization of USD $23,615,859.39. The current price of WLD is $0.0122 and is ranked 4765 on Coinmarketcap and has recently surged 10.69 percent at the time of writing.
WLD has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy WLD.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy BTC with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer BTC to an Altcoin Exchange
But we are not done yet, since WLD is an altcoin we need to transfer our BTC to an exchange that WLD can be traded. Below is a list of exchanges that offers to trade WLD in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit BTC to the exchange from UpHold. After the deposit is confirmed you may then purchase WLD from the exchange view.
Last Step: Store WLD securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your WLD for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy WLD with cash?
There is no direct way to buy WLD with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy WLD in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy WLD or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on wLitiDAO's fundamentals and current price here.
Latest News for WLD
