Waves Platform has announced that it has support for ERC-20 tokens on Waves DEX (Decentralized exchange), now Waves DEX users can trade and exchange Etherium based token on Waves platform.
What Is ERC-20?
ERC stands for Ethereum Request for Comments. ERC-20 is a technical standard used for smart contracts that are written and released using Ethereum blockchain. At the time of writing, there are around 207,714 ERC-20 compatible tokens are found on Ethereum main network.
What is Waves?
Waves is an open source blockchain developing platform to build cutting-edge decentralized apps giving the developers the needed tools to build WEB3 applications. Waves was founded by Alexander Ivanov and had a successful ICO in 2016 that raised $16 Million USD.
What is Waves DEX?
Waves DEX is a Switzerland-based highly secured decentralized cryptocurrency exchange that launched in June 2016 by Waves‘ blockchain team.
