OKEx Exchange Adds WAVES Trading Pairs With BTC, ETH, USDT & OKB
WAVES Makes it to OKEx With Four Different Trading Pairs
OKEx, a global cryptocurrency exchange, has recently announced the listing of WAVES on its platform. For the time being, it appears that Waves will be paired with BTC, ETH, USDT and OKEx’s native token, OKB.
The WAVES token deposits will be in effect starting today, June 14th, 2018 at 08:00 UTC, with trades commencing at the same time the following day. Although users can start trades, there is a short wait time for withdrawals, as users will only be able to do so as of 10:00 UTC.
Launched in 2016, Waves is a blockchain-based platform dedicated to helping consumers create their own crypto tokens. It has been pronounced as the first ever platform to include the Scala software, which is known for its high-level programming language.
As for the possible reason why OKEx listed Waves onto its exchange, it is based on several processes. In general, their Prime Investors are first asked whether they are for or against a token. Based on the results obtained from the first step, the next step would be to get the public’s opinion through voting.
Reddit Users took to their platform to express views on Waves’ support from yet another exchange. Here is a quick look at what exactly Reddit users had to say:
“Waves is already listed in 2 best exchanges; new exchanges won’t have any effect on price if you are wondering.”
Responding to the previous comment, glerant says:
“Of course, it will. Many people who trade infrequently on exchange with no WAVES market can’t be bothered to send BTC or ETH to one that has. Waves is not inflationary, so more demand will raise price.”