DEX on Waves as decentralized exchange with low fees for day traders and arbitrage
By tokenloyalty.io token team
Exchanges based on decentralized or semi-decentralized model, which are directly matching orders among users, are becoming more and more popular. Such exchanges offer often zero or very low trade fees, which is a good offer for daily traders and those, who play on arbitrage.
One of the typical DEX exchanges is Waves DEX — offering quite a range of cryptocurrencies and currencies in the wallet:
It is a great tool for starting projects, who want to release own token, which will be trade able. It was one the factors of selection for tokenloyalty token:
This enables a “social” trade among users, in pairs related to BTC, ETH, Waves, Litecoin, etc. It is also a first step for a token to get market liquidity.
What will be the future of matchers (decentralized exchanges)? Their market share will be growing, while present exchanges will be probably treated as “advanced” for the next stages of market entry of a dedicated token, especially taking into consideration listing prices (DEX — cost is none, exchanges with well known brands — cost is even up to 1M USD yearly for listing).
Article by: Tokenloyalty.io token @ Waves DEX
Additional info: upcoming changes in Waves Dex (beta version):
