WAVES listed on OKEX

The Waves Platform has announced its token will be listed on OKEX with four trading pairs: Bitcoin, Ether, Tether and OKB (the exchange’s loyalty token). According to OKEX, the schedule for listing is:

1. WAVES deposit – 08:00 Jun 14 (UTC +0)

2. WAVES spot trading (BTC, ETH, USDT, OKB Market) – 08:00 Jun 15 (UTC +0)

3. WAVES withdrawal – 10:00 Jun 18 (UTC +0)

WAVES 7 day pricing

“The ability to trade WAVES against multiple different cryptos within such a large market is tremendously valuable in terms of liquidity,” says WAVES CEO Sasha Ivanov, “and the USDT market allows traders to park funds in a stable currency while keeping them within the crypto economy. Listing on OKEX will open the WAVES Platform to a completely new audience.”

Currently, the BTC to WAVES trading pair accounts for almost all WAVES exchange trades at 96 percent, with Korean Won pairs the second largest at just over 2 percent. The majority of WAVES take place on the Tidex, Binance and Yobit exchanges.

Waves is a custom token blockchain platform, and the first production cryptocurrency system to be built in Scala. It uses an inflation-less PoS consensus with a fixed supply of 100 million tokens, which are the fuel for every activity on the platform. WAVES was crowdfunded in 2016 with 29,634 BTC. 85 million WAVES were distributed after the ICO, with the rest being used for bounties, partnerships, and held in reserve as an additional development fund.

The WAVES ecosystem consists of a secure decentralised exchange (DEX), smart contracts and the capability to issue and exchange tokens instantly. The total market capitalization of WAVES is around US$340,000,000.

OKEX brings liquidity boost to WAVES with exchange listing and BTC, ETH, USDT and OKB trading pairs.