All You Need to Know About the Waves Cryptocurrency

History of the Waves cryptocurrency

The Waves cryptocurrency is a relatively new player on the market. As the emergent technology behind cryptocurrency is still in its infancy, there is still a long way to go. The adaptation barriers have to be broken down for the public. The friction in a lot of areas should be addressed so that this technology can be feasibly adopted for mainstream.

A new startup or ICO presents a vision almost every day. To get funds is the most challenging for them so they can survive in the market. To buy and sell crypto-assets is still difficult in many countries. This is because they do not have quick access to US Dollars, US Dollars, or Chinese Yuan.

Trading of many commodities that are not movable but are precious is impossible without a complex authentication process. The procedure of listing shares of certain company in most countries is very uncertain and complex.

To take out all this friction, a blockchain plan is now out. It is called Waves. This supports as a blockchain plan that aspires to be a decentralized place for trading and crowd funding by tokenization. However, Waves prices are increasing. In June 2016, its price was $0.7 per unit and now it is more than $5 per unit. The increase is truly difficult to disregard.

Use of the Waves Cryptocurrency

Waves will let you create custom tokens. This means that you can initiate your own cryptocurrencies. With this, you can also decentralize crowdfunding and trading, because it will be joined with fiat currency gateways such as EUR/ USD/CNY directly in your wallet.

You can launch ICOs to finance your projects from across the globe in merely minutes, without your going through in-depth cryptocurrency coding. It will make your life easier, especially for startups and it will open up a new age of projects that are community-backed.

The WAVES (Waves cryptocurrency) has true world tradable value in different exchanges.

WavesDex is created on the Waves blockchain through a decentralized exchange. This can let users trade their ETH/BTC and others to barter for Waves, given that the assets are provided through the Waves platform.

WavesDex can be used by establishing the Lite wallet or Chrome extension in your browser. In Waves platform, smart contracts aren’t as complicated as they are in Ethereum.

You can create your own cryptocurrencies or custom tokens in just a minute on the Waves. You will need at least 1 WAVES token to be able to do so. You can also decide what to call the token, how many decimal fractions you wish to keep and how many you have to issue. Thus, this is perfect for ICOs and crowd funding. 

Current status of the Waves cryptocurrency

WAVES’ total circulating supply is one million tokens. Today, its current price $5.88 per unit. This makes the market cap about $588 million

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