Thursday March 04, 2021
Bitcoin (BTC) $49,903.00   Ether (ETH) $1,574.22
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Crypto Exchanges

WandX ERC20 exchange finally launches protocol release 1.0

Published by CryptoNinjas.net
03/17/2018
WandX ERC20 exchange finally launches protocol release 1.0

WandX this past week made significant news towards the full launch of its unique decentralized exchange. WandX was established as a platform that seeks to provide a decentralized exchange where baskets of ERC20 tokens can be created and traded through the use of smart contracts.

The platform seems to now be well on track to meet its goals as envisioned in their whitepaper. As of writing, the first version of the decentralized exchange has been released.

Salient Features of the First Version

On this first version, users have the ability to create baskets of tokens that they can trade on the exchange, they can accomplish the following:

• Users can create and trade in token baskets such as “Decentralized Identity Tokens” and ’”Decentralized Exchange Tokens”
• Users can trade in ERC20 tokens
• The platform enables users to trade, view and settle their smart contracts

At the moment, to access the platform, you have to install Metamask. Plans are underway to allow for logins using JSON files.

ERC20 Token Baskets

These are multiple ERC20 tokens that have been lumped together and can be traded as one in a basket using an agreed price that has been derived from the individual tokens making up the basket.

To buy or sell, you need to have the basket of tokens on your Metamask account. Once you have them on Metasmask, you then go ahead and decide on the price you would like to sell the basket at.

Once you do this, you can then list it on the exchange. As a buyer, you can then go ahead and state your price for a given basket. The seller can view the different rates offered and decide on the best price to take. To purchase the token baskets, the buyers will be required to purchase WXETH and deposit this on a smart contract.

ERC 20 Tokens

Users can either buy or sell ERC20 tokens on the platform under the Trade ERC20 tokens tab. To buy these tokens, users can purchase them using ETH or native platform token WANS. There is an exchange fee discount if you opt to purchase the tokens using WAND.

10
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

wandx
Crypto Exchanges

WandX multi-chain DEX now supporting staking and lending

06/24/2019
WandX decentralized exchange now supports AION blockchain
Crypto Exchanges

WandX decentralized exchange now supports AION blockchain

02/04/2019
Crypto exchange WandX and Blockchain Worx enable users to create tradable ‘token baskets’
Crypto Exchanges

Crypto exchange WandX and Blockchain Worx enable users to create tradable ‘token baskets’

08/21/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
CasinoCoin to migrate to XRP Ledger amidst rebranding

CasinoCoin to migrate to XRP Ledger amidst rebranding

03/01/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

03/02/2021
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Crypto exchange BiKi cooperates with Hacken on security test

Crypto exchange BiKi cooperates with Hacken on security test

03/02/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version