This chapter includes all details about decentralized exchange (DEX).
Waves provides a decentralized exchange, which allows trading different assets back and forth between users, as a traditional exchange, with stronger security guarantees to end users due to its decentralized nature. An opportunity of creating some new assets, based on Waves, allows early trading of a crowdfunding stake, that provides liquidity for tokens. For this purpose, tokens should be sold in public locations, where buyers and sellers may post orders.
Before sending, receiving and trading crypto assets, educate yourself to make informed decisions. Crypto assets are volatile and the prices can go up and down. Carefully evaluate your trading goals and the financial risk you are willing to take. Please beware that Wavesplatform does not provide financial, tax, or legal advice. You should take such decisions on your own or consult with reliable experts.