Review on Waves Exchange by Temitope Babatunde
Wave Exchange Is Fast, Secure and Easy.
Wave exchange is fast, secure and easy. It is a decentralized exchange launched in 2016 by Sasha Ivanov in Moscow, Russia. Because it is a decentralized exchange built on wave blockchain the servers are spread accross the globe and this serve to protect it from hackers attack.
Wave exchange accept various ways of depositing cryptocurrencies and fiat assets. Users will deposit fiat through a gateway operator who will now digitized the fiat currency at ratio 1:1, the same system is in operation when withdrawing to fiat, apart from crypto depositing fiat at times has higher fee.
Each transaction on the exchange is charged 0.003 wave which is very low if compared to others. Withdrawing any currencies also carry the same fee. The exchange has both web and mobile applications.
User will need to download wave live clients wallet and installed it on its device before the person can access the exchange. The exchange is super easy to use and it is faster as well no third party and your private key is at your level.
The customer care can be reach through email or their social platforms.
Because wave DEX is a decentralized exchange is more secure and can be use with rest of mind and more so the fee is very cheap.
Pros
- It is decentralized exchange which shielded it from the attack of hackers
- No KYC of any form
- Users can deposit using credit card
- Token creation on the platform is easier cost only one wave and take just a minute.
- Low transaction fee
- If you have many wave coin you can lease or stake it for interest on the exchange
Cons
- The exchange language is only in English.
- Low liquidity.
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Comments (1)
June 15, 2020
Waves exchange is a decentralized cryptocurrency, which supports multiple chains. It has a low trading fee with large exchange volume.
Users assets are secured due to it's highly security measures.
Waves exchange supports mobile services, and deposit can be made using credit cards.
