Waves DEX Now Supports Ethereum-Based ERC-20 Tokens
Waves blockchain platform has announced that it is now supporting tokens conforming Ethereum (ETH)-based ERC-20 standard tokens in its decentralized exchange (DEX).
Waves further stated that the built-in DEX started supporting ERC-20 tokens four days back. Of late, Waves team also introduced a fresh gateway with support for Vostok and Ergo tokens.
Waves team also conveyed their belief that the latest facility will have a positive effect and will draw new traders and assets to the platform. The post guarantees:
“Soon, you will see new trading pairs with ERC-20 tokens. Last year, we conducted voting for listing ERC-20 token. Bancor (BNT) won the voting and became the first candidate for listing on Waves DEX. So, we made it. […] The next asset that can be added via gateway is ETH. Then, we will add BTC support. It is scheduled for September.”
At the time of writing this article, Waves token was trading at $1.32, up 0.80% in the past 24 hours. Waves cryptocurreny is now the 48th biggest one by market capitalization. Last month, top cryptocurrency exchange Binance began supporting DEX in its Trust Wallet by incorporating the Kyber Network protocol.