Waves DEX: ERC-20 update

Waves DEX is a home for a huge number of native crypto assets. Now, we are opening its new era, adding support for ERC-20 tokens

Waves DEX users are familiar with Coinomat, a gateway for the balance replenishment on the exchange. Recently, Waves team launched a new gateway with Vostok (VST) and Ergo (ERGO) support. Today, the gateway functionality extends for ERC-20 tokens.

Waves DEX will receive a new wave of traders and assets that will affect positively on WAVES and other listed tokens. Soon, you will see new trading pairs with ERC-20 tokens.

Listing

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. All technical features are tested. Start of BNT trading is scheduled for August 22 at 11:00 UTC.

The next asset that can be added via ERC-20 gateway is ETH. Then, we will add a separate gateway for BTC. It is scheduled for September.

Fees and limits for BNT

Waves DEX users can deposit BNT on their balances with no fees. At the withdrawal, there will be a fixed fee, 0.4 BNT.

Deposit and withdrawal limits:

  • Min — 2 BNT
  • Max — 100 000 BNT

New ERC-20 tokens will be added gradually. Each time Waves community will decide on what token will be listed next. The next voting will be announced in our social media soon.

Stay tuned!

Join Waves Community
Read Waves News channel
Follow Waves Twitter
Watch on Waves Youtube
Subscribe to Waves Subreddit


Waves DEX: ERC-20 update was originally published in Waves Platform on Medium, where people are continuing the conversation by highlighting and responding to this story.

Leave a Reply

Your email address will not be published. Required fields are marked *