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What Is Waves Coin

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The Best What Is Waves Coin of 2023 – Reviewed and Top Rated

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FAQ:

Q: What can you do with a waves coin?

A: Although coins created on the basis of Waves platform lack some functionality, they can be easily exchanged for WAVES coin and even assets of other blockchain projects via DEX decentralized exchange. Waves token is used for all operations performed on the platform:

Q: Who is the creator of the waves coin?

A: What is Waves coin about? Waves crypto project was created by Russian entrepreneur Alexander Ivanov in 2016 to make the process of custom token issuance available for everyone. In June 2016, the ICO finished by gathering $16 mln investments from the sale of WAVES community token, which made Waves one of the most successful ICOs.

Q: What do you need to know about waves cryptocurrency?

A: Waves are the name of the both, a proof of stake blockchain and the cryptocurrency that fuels that blockchain. Waves enable you to make custom tokens, which means you can launch your own cryptocurrencies.

Q: Is there a way to trade waves tokens?

A: The process of token trading following the project launch is often insufficiently supported on various cryptocurrency exchanges. The Waves platform includes the Waves decentralized exchange (DEX) which allows its users to trade their mainstream cryptos for the Waves token or any other token created on the Waves platform.

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