Greetings, Pi42 traders! Get ready to catch a wave of opportunity because Waves (WAVES) has landed on our platform paired with the Indian Rupee (INR)! Now, Indian crypto enthusiasts can trade this innovative blockchain platform seamlessly using INR futures on Pi42.
What is Waves (WAVES)?
Waves is a decentralised platform built for custom token creation and dApp development. Launched in 2016, Waves empowers users with:
- Smart Contracts and dApps: Build and deploy decentralized applications (dApps) for a variety of purposes like creating custom tokens, secure data storage, and automating complex workflows.
- Customisable Token Creation: Easily create your own tokens with unique features and functionalities to meet specific needs.
- Enhanced Security: Waves utilizes a secure and efficient proof-of-stake consensus mechanism to validate transactions.
Key Features of Waves:
- Scalability and Speed: Waves offers faster transaction processing times compared to traditional blockchains.
- Interoperability: Waves allows for the easy exchange of assets between different blockchains.
- Active Developer Community: A large and active developer community fosters continuous innovation on the Waves platform.
Trading WAVES-INR on Pi42:
Excited to dive into the world of Waves? Here’s how to trade WAVES-INR on Pi42:
- Login: Access your Pi42 account.
- Navigate: Head to the trading terminal.
- Select the Pair: Choose WAVES-INR from the dropdown menu.
- Define Your Position: Enter your desired investment amount, select your preferred leverage, and adjust the percentage according to the minimum asset requirements.
- Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage your risk.
- Execute Your Trade: Click “Buy/Long” or “Sell/Short” based on your market analysis.
- Track Your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.