Waves Decentralized Exchange Announces Trading Support for Ethereum’s ERC-20 Tokens

0
318

Waves DEX, the first-ever decentralized exchange in history, announced on August 22 that trading support for Ethereum-supported ERC-20 tokens is now available on its platform. Along with the newly-announced service, the team behind Waves’ built-in decentralized exchange also confirmed the new gateway with Ergo and Vostok support.

The optimistic views for the new service

According to the development and management team behind Waves DEX, they hope that the trading support expansion would attract more traders to use the platform. They are also eyeing potential collaboration with other existing digital assets in the industry.

The post also highlighted the company’s roadmap. Waves DEX promises that investors would soon be able to trade new pairs with the newly-listed ERC-20 tokens. The team also shared how they came up with the decision about the first-ever token that the platform would list. Voting for the first listing was conducted last year wherein Bancor (BNT) acquired the majority of the votes. Waves DEX also confirmed that it would add ETH via gateway followed by BTC support in September.

In line with the announcement, Coin360 also noticed that the price of Waves token had increased by 1.61%. In the last 24 hours, it is trading at $1.31. Currently, the token holds the 48th spot in terms of market capitalization.

In July, a report by Coinmod revealed that Binance, a Malta-based global crypto exchange, extended its support for multiple decentralized exchanges on its Trust Wallet. The service was made possible by Kyber Network protocol integration.

LEAVE A REPLY

Please enter your comment!
Please enter your name here