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1.
Means hello, anything new in your life? Identical to wagwaan and wagwan, but is spelt wag1 on chat websites, because it is quicker to type.
Wag1, meh bedrins?
by Krackpipe December 15, 2003
460 244
 
2.
'wah gwan' means 'whats going on', taken from the carribean accent 'patois' and daily used as UK slang talk for hello, spelt as 'Wag1' on chat sites and MSN as it takes less time to type
(i)person 1: wag1
person 2: nothing much

(ii)person 1: im mad
person 2: why wah gwan?

use it in any other way and your using it wrong!
by Koozee April 30, 2008
217 144
 
3.
whats going on? wats up?
You: yo was up wag 1
Friend:nothing you
by <>morgan <> May 04, 2006
127 54
 
4.
Translates to "what's going on?" from wagwaan or wagwan. Means "what's up?" "what's happening in your life?" or even just "hi, how are you?". Used as an internet slang greeting.
guy1: wag1
guy2: safe
by Sarah Potter May 02, 2007
557 1299