By trading on a centralized exchange, you risk losing your funds in the event of hacking, which has happened on almost all popular exchanges. The main advantage of DEX Exchange is that the money is always stored in your wallet, and the match only compares orders.
You retain complete control over your funds when trading them on our decentralized exchange. The DEX is powered by a matcher, which stores user orders and sends token exchange transactions for fulfilled orders.
WAVES DECENTRALISED EXCHANGE (DEX)
STOP WORRYING ABOUT THE SAFETY OF YOUR ASSETS
WHAT IS WAVES DEX?
DEX It’s a decentralised exchange, built into the Waves blockchain. The DEX allows users to trade their tokens — including WAVES, BTC and any other assets issued on the Waves platform — completely trustlessly and without having to move their funds to a centralised exchange.
WHAT MAKES IT FAST?
Orders are paired on a centralised basis by Matcher nodes. These execute a trade but have no access to funds. The trade is then settled on the blockchain for maximum security.
All orders are sent to a centralised server… …which matches incoming orders at high speed… …but actual transfer of funds happens on the blockchain.
WHY A DECENTRALISED EXCHANGE?
Centralised exchanges can be hacked, robbed and DDoS’d — and often are (MtGox, Cryptsy, Bitfinex, Poloniex…) It is not logical or safe to store decentralised assets on a centralised platform!
HOW CAN I USE DEX?
Simply download the Waves client from our official website, www.WavesPlatform.com, or use our webwallet, available at Waveswallet.io. You can deposit your bitcoins into the wallet and start trading using the Exchange tab.
Blockchain Financial is a sophisticated smart investment boutique built on Smart Contract.