HitBTC team is delighted to bring the great news to our traders – WAVES cryptocurrency is fully supported by our exchange and all users can trade WAVES/BTC pair!
The story of WAVES listing is actually nice and first HitBTC experience of the kind, by the way.
HitBTC team was fishing around for some new quality cryptocurrencies to be added, and WAVES community has shown unexpectedly strong support to the idea of HitBTC listing WAVES. As you all know, we try our best to serve the interests of our users.
So here we all are, welcoming a new pair to the exchange!
Technology and People
WAVES platform not only has open and responsive community, but it is the great technology with impressive amount of smart people working on it. It has been just a little over half of the year since WAVES hit the market, and technology it stands for is almost here. For ICO projects, which are usually annoyingly slow, WAVES team is working satisfyingly quickly.
It seems WAVES will be one of the leading technologies among next generation (3.0) of cryptocurrencies, so it’s time for us all to understand couple of things about all the potential of the platform.
Waves Platform is going to be decentralized asset marketplace with support for fiat currencies.
We all know what it is and we’ve had our fun issuing assets via NXT or Counterparty.
It is more serious and business-like with Waves.
Waves Platform works not only for regular users, who have nothing up there to back up their promises about issued assets. Platform also(and probably primarily) allows governmental institutions and banks issue assets, backed by real value and protected within regulatory jurisdiction of the institute. This all can be legal.
Wait, that means that we will be able…
Oh yes, this enables regulated crowdfunding and international fiat transfers.
This is actually the key Waves Platform feature and it explains how they got their $16 million ICO.
Traditional fiat crowdfunding with lower fees due to decentralized nature of the platform and blockchain technology behind it is a very wanted product indeed. It also doesn’t exclude Bitcoin crowdfunding(or any cryptocurrency crowdfunding), it just makes it a matter of preference.
This is the pain of many cryptocurrency adopters. With every new cryptocurrency we hope it will sort out the problems we have now in the real world. Waves Platform has a good standing chance in doing that, as they target not cryptocurrency users exclusively, but banks, governments and third-party businesses.
Waves Platform team is planning to launch custom transactions, which is very neat feature to pay up dividends, for example. Cooperation is always more fruitful and more likely to happen when there is something for everybody.
WAVES as the fuel of Waves Platform
What is WAVES cryptocurrency among this cornucopia of great projects and features?
It’s just a humble intermediary which makes everything happen.
We think you should probably save some of those for the rainy day.