Waves DEX: ERC-20 update

Waves Tech
Waves Protocol
Published in
2 min readAug 22, 2019

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 gateway is ETH. Then, we will add BTC support. 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 take part in choosing the next listed token. We will announce new listed tokens on our social media.

Stay tuned!

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Waves Tech
Waves Protocol

Waves Tech is a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, the embodiment of technological freedom for blockchain-based finance.