RATE Group | Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange
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Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

02 Dec Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

Posted at 20:17h in Cryptocurrency News by

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Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2.

Per the release, the exchange has already ceased operations on the old domain and the process of moving its activities to Waves.Exchange has already started. The company announced:

“From this point onwards, the old version of the exchange will be unavailable, and the website will offer only functionality to support migration. User funds held on Waves DEX will remain completely safe during and after the process.”

The hybrid exchange was already partially activated before the migration began earlier today and it expects to become fully operational before tomorrow. The company claims that the new trading platform combines the irreversibility of transactions, safety and user control of funds of decentralized exchanges with the features of centralized trading platforms.

Changes in exchange development

Waves also announced…

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