Russian-based decentralized crowdfunding and digital asset platform, Waves Platform has had its token Waves added to EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs. In response to the growing popularity of the custom token platform in the crypto-domain, as well as the potential for continued interest and sustained growth of the WAVES token in the blockchain crowdfunding scene, the exchange made the decision to list the WAVES/BTC pair.
WAVES has seen a significant increase in value since May, passing $1 less than 6 weeks ago and rising to $5 by early June. The Waves platform is gaining traction amongst online and real-world businesses, with multiple ICOs collecting many millions of dollars in Waves-hosted crowdsales. Straightforward token operations, a clean UX and a built-in decentralised exchange are thought to have attracted token issuers.
Recently, the exchange has been extensively redesigned to make it more user-friendly – with more streamlined verification processes, a more intuitive trading interface and additional tools to help traders understand their current positions. Moreover, EXMO is expanding with key new currency pairs. Earlier in June the exchange added ETH/EUR, ETH/LTC and DASH/RUB, reflecting the growing importance of ETH and DASH in the global cryptocurrency scene. In the coming weeks further trading instruments will be added to the platform.
Sasha Ivanov, CEO of Waves, remarked: “We’re very pleased that EXMO has added WAVES. Although cryptocurrency exchanges operate within a competitive environment, there are few that are fit for purpose. EXMO boasts a serious and professional team, they have a clear plan for growing their business and increasing the market share. We are really looking forward to the opportunities presented by this partnership.”