Waves (WAVES) launched on Huobi Pro, available for trading from tomorrow
Waves (WAVES), the virtual currency will be launched on Huobi Pro today according to their announcement. The cryptocurrency exchange platform says that the coin will be launched on June 21, 2018 (GMT+8). Waves was recently added on to OKEx, the Hong Kong-based digital asset exchange’s platform.
Deposits for the cryptocurrency will be available from 16:00, June 21 (GMT+8), while withdrawals will be available from June 24th. The coin will be available for trading in the New Zone in the following trading pairs, WAVES/BTC and WAVES/ETH. The New Zone is the exchange’s definition for classifying newly launched coins with lower market recognition.
Huobi had recently launched the Penta (PNT) cryptocurrency on their platform, but announced soon after that PNT trading had been postponed. Penta responded to a query on twitter saying it was delayed due to “HADAX system failure.”
Huobi Pro announced the news of the launch on their website and tweeted about it,
Waves is a Blockchain platform which aims to be a decentralized platform for crowdfunding and trading via tokenization. The Blockchain platform runs on the Proof-of-Stake algorithm. The cryptocurrency which fuels the Blockchain platform is also called WAVES. The platform makes it extremely easy for start-ups to launch their own ICOs without going through intensive cryptocurrency coding.
This opens up a new era of community-backed projects as projects can get funds for themselves quickly. The Waves platform is also unique in the sense that it allows you to launch your own cryptocurrency. Meaning, it enables you to make your own digital tokens. Moreover the integrated fiat currency gateways like USD/EUR/CNY in your wallet ensures decentralization of trading and crowdfunding.
Huobi being among the world’s leading digital asset exchange platforms, is much sought after. A Twitter user called biggzi [HODL] commented saying,
“$WAVES coming to @Huobi_Pro! No surprise #WavesPlatform are doing such big things!”
The Blockchain platform has recently issued two special tokens as part of their “Soccer Token airdrop.” The coins called Soccer Token (SOCCER) and MutCoin (MTN) will be distributed via airdrops.
The cryptocurrency currently stands at rank 39 on the crypto market. It has a market cap of $358 million and is currently trading at $3.58 per token.
Image via Shutterstock
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