Review on Waves Exchange by Fanuel PORPORTY
WAVES is a platform that focuses on token creation and asset transfer through a decentralized exchange.
Waves Exchange is a decentralized cryptographic exchange launched in June 2017. More specifically, it is a hybrid cryptographic asset exchange which allows users to transfer, exchange, issue and implant cryptos. The platform combines the security of decentralized systems with the characteristics and advantages of standard centralized exchanges. Created in 2017 Waves Exchange is now a standalone product. It offers fast and secure trading instruments, staking opportunities, low costs, API, mobile applications and access to BTC, ETH, LTC, WAVES, USDT, XMR and many other assets, including 30k + tokens on the Waves protocol.
Pros
- Secure – You remain in sole control of your assets. Funds do not leave your wallet and cannot be frozen.
- Fast - A Matcher service provides rapid order-matching and decentralized exchange on the blockchain, without having access to user accounts.
- Easy token issue and management – Token creation costs just 1 WAVES and takes 1 minute.
- Staking dashboard – Lease your WAVES and earn interest from within the exchange
- Low fees – Fixed. 0.003 WAVES per order filled.
Cons
- The crowdfunding space is crowded
- The Application User Interface Could be Better
- WAVES is not available for trading on the major exchanges of the crypto world.
