Review on Waves Exchange by Olugbenga Ajayi
Waves exchange transactions is fair to all
Waves exchange was launched by Sasha Ivanov, who is also the owner of waves project. The exchange is a decentralized exchange with many features common to a centralized one.
It is also a non custodial exchange so funds are kept in individual waves client wallet but not on their database.
Beside the usual function of an exchange which are buying, selling and transfer of cryptos, waves exchange offers opportunity for their traders to participate in crowdfunding through ICOs.
For deposit the exchange accept crypto currency, wire transfer and credit card. One good advantage of waves exchange is there low latency and low transaction fee. It charges a low flat fees on makers and takers. Withdrawal fee of 0.0003 BTC is also far below industrial standard
Pros
- Waves exchange offers opportunity to participate in crowdfunding
- Transaction fee is very low
- The platform is built on waves block chain and it is very easy to navigate
- It deals in multiple cryptocurrencies
- It is reliable since funds are not held on a centralized database but on individual waves client wallet
- It is very secure
Cons
- It does not support flat currency
- The exchange is not regulated
- The support services is not good enough. They only use email but not live chat
