Review on Waves by José A Rodríguez
Waves: An Open Platform for Storing and Trading with Multiple Cryptocurrencies
Waves is an open platform wallet that is totally updated and counts with multiple functions. In general, it offers similar features that another wallet contains like being a wallet and exchange service, but it is also useful for being a project of modern technology design. This wallet is active and available for the diverse operative systems in mobiles like android and iOS, and it also offers a web extension.
I particularly like that last feature since having access to the wallet on the web simplifies everything. When talking about Wave's wallet, I refer to the company overall because all products present an open-source that links them to offer the same range of features. Waves wallet is a stunning option for storing many cryptocurrencies and utility tokens. It even permits to store and trade with stable tokens like Tether.
Wave's providers offer a four-option-feature for choosing their products. First of all, the wallet is available for free, it does not present major login access. Second, the security system works reliably and offers customers the chance of working with encrypted functions.
Third, it works to offer a prior service in all their functions, that means, when trading or sending the tokens contained in the wallet, it will try to offer the customer the best and lowest fees-rate available. Many storage services work with this pattern, but it is trusted on Wave.
All receiving and sending actions occur immediately. Personally, it does not matter whether the user works on the desktop on mobiles because the wallet is highly operative for both. The only thing I consider an issue is the web extension, although is great it is sometimes a risk. Some hackers can break the encrypted files, however, it has not happened yet.
In general, the Wave wallet is a good product for storing multiple cryptocurrencies. I just suggest crypto-holders go directly to the official platform instead of using the social media service. Currently, the twitter account was changed and many scammers are taking advantage of it to create fake accounts, so go to the Wave's official web page to get in touch with their products and current offers.
Pros
- Multi-currency support. It works with the most commercial tokens in the market, and the system offers excellent rates for fees when sending or trading the tokens. Besides, it supports stable coins.
- The app for mobiles offers certain good functionalities that are limited in the web extension. However, they are partnered with a great company's support.
- Open-source and related to all-waves products with the same support. The app-building is easy to manage, and customer counts with multiple decentralized features.
- Easy-to-use and stable. All functions included can be assessed exhaustively and without risk. On the other hand, the security system is incredible and a good offer for new traders.
Cons
- Some issues with correct token-balance update when moving from the extension to the mobile app.
- Certain information about updates is required since the web page offers short information, and the twitter account has been changed.
