Ive got to say, normally exchanges terrify me. All the numbers, candles, lines, orders, limits are super confusing for an outsider like me. The Waves exchange, however, didnt really scare me (maybe it has something to do with the white background, I dont know), so I watched a couple of YouTube videos and decided to give this trading thing a go.
I emptied both of my Jaxx wallets and sent all me Ether and Bitcoins to the Waves client. I figured this would also be a great way to test the two networks in terms of transaction speed and fees.
Here are the results: So, two transactions for similar amounts. Bitcoins mining fee amounted to just 10 cents and it came through in just under 10 minutes. Ether was a lot quicker - less than 4 minutes, but the fee was a bit higher - exactly 19 cents.
Im not going to lie, I spent quite a lot of time trying to figure out how DEX works. Then, I gave up and decided to just try it out. I went to sell all my Ether for WAVES, choosing the price of the last successful sale. I placed an order and it was filled almost instantly (and as you can see I had to pay a fee of 0.003 WAVES which is almost nothing).