What is Waves? | Token Spoken
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What is Waves?

The cryptocurrency Waves, which is the product of the platform established in 2016, provides fully functional shopping as fast as a centralized system but not affected by security problems of the central system. The Waves Platform, founded by physics engineer Sasha Ivanov, is an open blockchain platform designed for ease of use and for the adoption of masses.

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Waves solves the fiat crypto problem with fiat gateways. Based on Scorex framework, Waves allows you to design your own cryptocurrency.

Waves, which allows you to design your own crypto money through the platform, is working on a legal framework so that block-chain technology can reach wider masses through the partnership established with Deloitte in 2017.

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The decentralized multi-purpose trading platform supports services such as the launching, distribution and trading of cryptocurrencies. Bitcoins, cryptos, fiat currencies, and any real assets can be given, transferred and changed in a totally decentralized form. There are a total of 100 million Waves.

The Waves platform, which also functions as a decentralized exchange (DEX), allows trading with Bitcoin, Ether, Litecoin, ZCash and other cryptocurrencies and in currencies such as USD, Euro and TRY. Trading is as fast as in a centralized exchange, but users always have full control over their own funds. Transaction fees on DEX are low and fixed. With average 1-2 minute block find times, transfers over the blockchain occur within minutes.

It is also possible to exchange cryptocurrency at very low rates with Waves DEX. With this system which keeps the investors’ cryptocurrency not in the exchange but in the cryptocurrency wallet, you can exchange your money without having to trust a centralized exchange. By downloading Lite Walletor through the Chrome plugin, you can perform cryptocurrency exchange, purchase-sale transactions.

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