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>Waves' decentralized peer-to-peer exchange, DEX, now features options for investors to store and trade Ether (ETH) against the US dollar, euro, and other tokens. According to an announcement made by Gleb Kostarev, PR Manager at Waves, the Ethereum gateway will operate in a manner similar to other gateways. When a user sends ETH to an address within the client, the system generates and returns a Waves ETH token that is backed by ETH on a 1:1 ratio. Waves ETH tokens can be withdrawn and exchanged for ETH at any time at the user's discretion.
>While stored on the Waves blockchain, the Waves ETH tokens may also be traded for other existing Waves tokens, such as WBTC, or WAVES itself.
Can't wait for the fud on this by people trying to scare others away from the crypto market, but here's the news anyway.
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It's even slightly more decentralized than using a regular exchange, so there is no reason bitch about this without looking like a dumbass. Waves is a sick projectg and they will open this up to smart contracts soon. I don't know how this will effect Waves' share price, but it is good tech to use, trade and store other crypto on.
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literally do not care.
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Good news. Waves is slowly making progress as the most accessible wallet out there, and that's big for adoption.
But the way they handled niggergate still sucks.
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It's not a decentralized exchange, they can ban coins they don't like.
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