Waves Platform runs the world’s fastest decentralized digital asset exchange and includes a wallet offering a unique level of security. Download the online, desktop or mobile app version to start trading and safely store our tokens.
The Waves network has implemented a ground-breaking new protocol that will allow its blockchain to process 100 transactions per second.
The trading fee is very small, 0.003 Waves, and applies only to executed orders. Outgoing token transfer fee costs 0.001 Waves.
Your funds are held securely on your device, not by a company. You own your private keys and you retain complete control over your funds.
Furthermore the Waves Platform provides access to their decentralized exchange directly through Ledger hardware wallets.
Decentralized Exchange and Wallet
Download the online, desktop or mobile app version to start trading and safely store our tokens.
Sources and Support
When registering your account, you will be asked to save your secret phrase (Seed) and to protect your account with a password. On normal centralized servers, special attention is paid to the password, which can be changed and reset via email, if the need arises. However, on decentralized platforms such as Waves, everything is arranged differently:
- You use your wallet anonymously, meaning your account is not connected to an email account or any other identifying data.
- Your password protects your account when working on a certain device or browser. It is needed in order to ensure that your secret phrase is not saved in storage and that attackers cannot gain access to it.
- If you forget your password, you can easily create a new one by using the account recovery form via your secret phrase. If you lose your secret phrase, however, you will have no way to access your account.
- You cannot change your secret phrase. If you accidentally sent it to someone or suspect that scammers have taken it over, then create a new Waves wallet immediately and transfer your funds to it. Do not forget to save a new secret phrase when creating a new wallet.
We strongly recommend saving your backup phrase, since only with these words you will be able to restore access to your account in case of loss or theft of the device. If you lose your SEED, you will have no way to acces your account.
We would like to warn you about the increased frequency of scam and phishing attacks. Treat your backup phrase (also known as SEED phrase) with care! Don’t give your password, your private address or your secret backup phrase (SEED) to anyone! Never! If anyone has your your password or SEED, they can steal your tokens! Be careful and avoid inputting your wallet information on any resources.
One of the most common forms of scamming is phishing, which is when scammers create fake communities on Facebook or other websites that look similar to the authentic ones.