waves as an exchanger is one of the most decentralized system which handles buck of token conversion
The platform support most token and the security handling is really recommended and this tends to reduced much fraudulent act
It's cons: waves functionality is second to none but it's limitations of récents available tokens has been one of its disadvantage
But in overall, waves as an exchanger is more favourable when it's comes to token exchanging because it's token conversion speed is one of the best when it comes to exchange ,also it's security is really appreciated