Waves.exchange is an integrated exchange on the Waves ecosystem, developed from Waves DEX with the goal of enhancing user experience along with decentralization.
Launched in November 2019, Waves.exchange focuses on efficient, transparent trading with low fees and a variety of features, suitable for both newcomers and professional investors.
MAIN CONTENT
Waves.exchange upgrades from Waves DEX, focusing on user experience and decentralization.
Highlight features include Token swapping, providing liquidity, staking with attractive APY, and the unique Lambo investment product.
The WAVES Token plays a governance role, offers diverse utilities, and the 2022 roadmap focuses on developing cross-chain capabilities and expanding features.
What is Waves.exchange?
Waves.exchange is a decentralized exchange on the Waves platform, launched in November 2019, inheriting and developing from Waves DEX with the aim of optimizing user experience. According to CEO Sasha Ivanov, the project has been significantly upgraded to meet modern trading needs.
Unlike Waves DEX, which focuses solely on decentralization, Waves.exchange combines decentralization with a user-friendly interface, fast speeds, and low costs, attracting a large number of new and professional users.
What are the highlights of the project?
Waves.exchange is known for low trading fees, fast processing speeds, and a variety of features such as Token swapping, providing liquidity, and staking. Promotional programs and unique products also create strong appeal.
Notably, as of March 2022, the liquidity pool attracted over 48.1 million USD in liquidity. Staking programs allow users to earn APY of up to 13% per year, generating significant passive income.
How to swap Tokens on Waves.exchange?
Waves.exchange designs Token trading accompanied by a transparent order book, supporting multiple Token pairs and convenient OTC trading. This is a plus that helps investors swap quickly and save on fees.
The modern order book system offers flexibility for both day traders and long-term investors. OTC support ensures that large transactions take place safely without affecting market prices.
What are the benefits of providing liquidity?
Users participating in providing liquidity for pools will receive attractive profits based on APR. As of March 12, 2022, the total liquidity value on the platform reached 48.1 million USD.
Providing liquidity helps the exchange operate stably, increases smooth trading capability, and generates profits for contributors. This is an effective solution in DeFi (Decentralized Finance) adopted by many projects.
What are the outstanding advantages of Staking?
Users can stake popular Tokens like BTC, ETH, USDT with APY rates of up to 13% per year, creating stable and safe passive income.
Staking on Waves.exchange is professionally developed with a high-security system and fair reward distribution, receiving positive feedback from many investors in 2022.
What is the Lambo investment product and how successful is it?
The Lambo investment program is a competition with a prize of a 2021 Lamborghini Huracan LP 580–2 Coupe. Investors who participate automatically receive a chance to win in October 2021.
The product has attracted over 11,000 users with a total investment amount of 42 million USD, generating more than 6.4 million USD in profits over 6 months – a clear testament to the project's appeal.
Sasha Ivanov, CEO of Waves Platform, 2021
Building on the success with APY above 60%, Waves.exchange continues to develop this investment product, showcasing its creative capabilities and attracting a strong community.
What is Algorithmic Trading on Waves.exchange?
The algorithmic trading system automatically executes orders based on predefined technical rules, optimizing speed and trading efficiency for investors.
Waves.exchange applies this technology to provide a modern trading experience, minimizing volatility risks and increasing the accuracy of order execution.
What is the basic information about the WAVES Token?
The WAVES Token was officially launched on November 25, 2021, with a total supply of 1 billion WX, classified as Utility and Governance on the Waves platform. The first IDO sale sold out 50 million Tokens in just 29 hours.
The Token ticker is WAVES, the Token contract is identified at Atqv59EYzjFGuitKVnMRk6H8FukjoV3ktPorbEys25on, playing a crucial role in governance and multi-utility of the exchange.
What utilities does the WAVES Token have?
Token holders benefit from increased profits from the liquidity pool, governance rights through gWX Tokens, rewards from trading fees, and staking APY of up to 28.49% per year.
This creates a closed ecosystem, helping users stay engaged with the project and contribute to the sustainable development of Waves.exchange.
What is noteworthy in the 2022 roadmap of Waves.exchange?
The development team aims to expand cross-chain capabilities, integrating Tokens from Ethereum, Polygon, and Binance Smart Chain (BSC) starting in Q1 2022, enhancing multi-chain connectivity.
In the upcoming quarters, the exchange will introduce gWX into more products, support stop-loss – take-profit orders, on-chain trading, and launch decentralized gateways for cross-chain trading, while expanding the derivatives market.
The strategy of upgrading trading fees based on order value will be applied to increase profitability for investment products.
Summary
Waves.exchange and the WAVES Token are a worthy consideration for investors looking for an exchange with low fees, modern technology, and diverse profit opportunities. Thorough research and project evaluation will help you make the right investment decision.
Frequently Asked Questions
What differences does Waves.exchange have compared to Waves DEX?
Waves.exchange upgrades the user experience, increases speed, and adds many new features, differentiating itself from the sole focus on decentralization at Waves DEX.
What can WAVES Token be used for?
WAVES is used for staking, participating in governance, increasing profits from liquidity pools, and earning rewards from trading fees on the exchange.
How to participate in Lambo investment?
Users investing in the Lambo product will automatically participate in the contest for a chance to win a Lamborghini and enjoy APY above 60%.
How safe is staking on Waves.exchange?
Waves.exchange applies high security and transparency, trusted by thousands of users with stable staking performance.
How does the 2022 roadmap affect users?
Expanding cross-chain capabilities and new features helps users diversify trading and increase profits on the platform more effectively.
Source: https://tintucbitcoin.com/waves-exchange-la-gi/
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