It’s a decentralised exchange , built into the Waves blockchain. The DEX allows users to trade their tokens — including WAVES, BTC and any other assets issued on the Waves platform — completely trustlessly and without having to move their funds to a centralised exchange.
Read moreWhat type of coin is Waves?
The Waves team held an initial coin offering (ICO) for its WAVES cryptocurrency in April 2016, raising the equivalent of $22 million (~30,000 BTC). The Waves blockchain launched shortly after in Q3 of 2016.
Read moreIs staking on Waves safe?
Each transaction is transparent and public (your personal data is safe ). Your staking balance and payouts are completely anonymous.
Read moreWhat is the WX token?
WX liquidity pools is an investment product that allows users to receive passive income for investing tokens in the pools that provide liquidity for smoother spot trading on Waves. Exchange . The service employs smart contract technology to speed up the trading process by means of AMM (Automated Market Making).
Read moreHow do I claim my WX token?
You can claim your governance rewards in WX at any time, to do so, open Waves. Exchange app, login to your account and navigate to the Pools > WX Staking / Boosting tab. Click Claim to claim the accumulated amount .
Read moreWhat is Waves coin used for?
WAVES is used to create custom tokens and to pay for transaction fees . Further, the supply of WAVES tokens is limited – there will only ever be 100 million WAVES. Ownership of the WAVES cryptocurrency determines who gets to add new blocks to the Waves blockchain and who earns a share of fees paid for transactions.
Read moreIs Waves a good coin?
Is the Waves coin a good investment? Based on the previous record that WAVES created in the crypto market, we say that WAVES is a good investment . However, as a trader and investor, users should still practice due diligence and research to know more about the token.
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