The Waves Decentralized Exchange is undergoing massive changes. The project developers announced the launch of the updated platform, which will take place on December 2.

The new exchange will be named Waves Exchange, which will clearly define the purpose of the site for new users. The main changes will affect storage methods and transaction tools. Now all operations will be decentralized, but at the same time optimized at the level of modern fiat exchanges. Trading will be safer, but still affordable.

The problem of centralizing cryptocurrency exchanges often alienates new clients and investors. In an effort to maintain privacy and security, users are increasingly choosing multi-currency wallets and official digital currency client programs for trading.

Following other major exchanges, Waves wants to provide its users with reliable passive income tools. In particular, add the possibility of staking stablecoins.

The developers assure that the new platform will be balanced and will combine a variety of online trading tools. The Waves Exchange will improve margin trading and trusted securities trades.

The first stage of implementation is scheduled for November 18, when service customers will be able to transfer their accounts and passwords to the new platform.