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Crypto Trading Bot 🔥 Which Is The Best Crypto Exchange?


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Welcome to our Crypto Trading Bot Video!

The innovative blockchain technology has been implemented in various crypto projects, but only a handful of projects have managed to strike a proper balance between usability, accessibility, and features. Waves are one such exception that has been able to fully utilize the user-friendly blockchain network built to power the future of Web 3 applications. In this review, all important aspects of the exchange and its native currency have been discussed in detail to help traders understand its usability and make the right choice.

What Is Waves Exchange?
The Waves Exchange (or the Waves DEX as it is more commonly known) is a fast, secure and reliable decentralized trading platform focused on Waves-based assets and other supported digital assets, like Bitcoin (BTC) and Litecoin (LTC). The platform also includes a range of Neutrino-powered fiat stablecoins, like EUR Neutrino (EURN) and GBP Neutrino (GBPN). Waves was established in 2017 by Sasha Ivanov with an aim to foster a “cryptocurrency environment” for traders. Waves primarily focuses on creating custom crypto tokens, called smart assets, and launching smart contracts to power a wide range of web 3.0 decentralized applications (dapps).

How Does Waves Exchange Work?
Like most other cryptocurrency exchanges, the Waves Exchange also operates on a decentralized ledger called a blockchain network. The only difference is that it has built its own blockchain network that is secured by a novel consensus mechanism called LPoS or the Leased Proof of Stake. The LPoS is the modified version of PoS or the proof-of-stake (PoS). It allows lite wallet users to participate in the block validation process of the network by leasing their WAVES tokens to lite mining nodes. This can help users to earn a fraction of the block reward if their chosen mining node is selected as its validator.

The Waves.Exchange mainly derives its power from its Smart Assets that have additional functionalities due to their robust asset scripts. These scripts endow the Smart Assets with an intriguing range of characteristics like non-transferability once it reaches a particular address like burned or freezing, or once the Waves blockchain reaches a specific block height. Creating a Smart Asset on the Waves platform is as simple and straightforward as using its ‘Issue Transaction’ feature, which can be completed by only setting a few basic parameters, and paying a ‘1 WAVES’ fee to launch the token from the user accounts.

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our Crypto Trading Bot video. Make sure to leave a like on the video if you gained value from it!

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⏰Timestamps⏰

00:00 WX Network Project introduction
00:10 WX Network Project
06:46 WX Network Project Summary
06:53 WX Network Project Outro

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