Waves Exchange is an exchange of crypto assets where it allows users to transfer, exchange cryptocurrencies, the platform combines the security of decentralized systems, Waves Exchange's main objective is to offer fast and secure trading instruments and opportunities for participation at low costs, another feature that Is Wirth mentioning about Waves descentralized exchange is that it allows easy access to fiat money, that is exchanging any cryptocurrency for popular Fiat currencies such as dollars or euros. The main difference between a decentralized exchange and a centralized one is where your cryptocurrencies are stored, in a decentralized exchange the cryptocurrencies are stored in your own wallet in this way an attack on the exchange will not affect your cryptocurrencies, the control of your assets is completely yours.