knowledge base sections helps you to learn the simplicity of the blockchain
HOW WAVESPLATFORM WORKS
The Waves Protocol is a blockchain that seeks to fix a major problem in cryptocurrency. The platform is designed to make it easier for organizations and individuals to create custom tokens. It also decentralizes token trading and crowdfunding with a built-in fiat currency gateway. Essentially it’s a token platform, DEX, and dApp ecosystem.
The Waves Protocol is a leading and best of blockchains that seeks to fix a major problem in cryptocurrency. The platform is designed to make it easier for organizations and individuals to create custom & decentralized tokens with DEX advantage.
A user who wishes to create waves wallet, can do so by watching the video Get started video below. The wallet is available on either Online Client, or Standalone version for Windows, Mac or Linux. All versions support automatic update! Choose and open up your Waves wallet. While creating a wallet, please take some time to understand some important things for your own safety.
The WAVES PROTOCOL or EQUIVN PAYMENTS LTD team cannot recover your funds or freeze your DEX account if you visit a phishing site or lose your backup phrase (aka SEED phrase). Hence we advice that while creating a wallet, you must write down your seed and keep it very safe. The introductory video covers the following:
#1. CREATING WAVES-WALLET
#2. LEASING YOUR WAVES TO A NODE
#3. USING THE DEX (DECENTRALIZED EXCHANGE)
#4. TOKEN CREATION etc.
The EQUIVN (ENGN) was built so that money can move quickly with the Naira (NGN) denomination. EQUIVN (ENGN) is a revolving asset and its value revolves around the Naira value in the open market. ENGN can move instantaneously, and globally. And unlike other crypto-assets, ENGN is revolving, yet with a reserve backed at ratio 1:1.
EPL – EQUIVN PAYMENTS LTD. is a legally registered company in Nigeria with RC-XXXXX. EPL is carefully protected, audited and regulated.
It’s our vision & approach to decentralizing the Nigeria Naira and make it move around and instantaneously for Africans at home and in diaspora. In future deevelopment, EQUIVN (ENGN) can be redeemed to other African currencies.
Nigerians and supported African countries with Pan African Bank reach can participate. Also, Users with Global Bank reach can also participate in the nearest future.
EQUIVN PAYMENTS LTD is in early launched and we ‘re on top of our developments to enable a larger range of coverage both for Africans, her diaspora and globally.
HOW ASSET WORKS & FLOWS
This section is being updated and will be available soon
If you are new to Wave Protocol, You can add EQUIVN tokens to your Waves wallet by tapping on the add feature on your Waves Web-Wallet. Simply type EQUIVN and Pin it to wallet view. Ensure that after adding, your asset have the following Asset ID.
Also watch the video tutorials on the knowledge base section of this website.
HOW TO BUY EQUIVN (ENGN)
Option #1: INSTANT BUY ON ENAIRA WALLET
ENAIRA Wallet can be used for direct buy of tokens
Option #2: INSTANT BUY ON WAVES DEX
Everyone can purchase EQUIVN [ENGN] on Waves.Exchange when orders are set.
Note: Only Verified accounts [Users] can withdraw from reserve.
HOW TO WITHDRAW ENGN TO BANK
A user who returns for withdrawal must first ensure that their accounts has been verified.
OPTION#1: USING ENAIRA WALLET
Procedures will be in a 1 to 2 clicks when ENAIRA Wallet is released by Q1, 2021
USERS WITHDRAWALS LIMITS
Min. Withdraw: 5,000 ENGN
Max. Withdraw: 200,000 ENGN per day.
The crypto-asset space is early in maturation, and initial use case for eNGN will be distinct from future use cases. As of today, EQUIVN tokens can be used to limit exposure to crypto-asset volatility. At full launch, eNGN can be used for consumer payments, offering a stable store of value for those outside Nigeria that interfaces currencies with unpredictable volatility.
If you are on ethereum, You can be sure that EQUIVN tokens will be available on ERC20 & BSC platform as soon as possible. We hope to deploy DeFi standard tokens when its due and with an interoperable gateway.
Asset ID: (We’re YET to Deploy the smart contact).