So after waves have dropped a lot in price, is there a lot of concern in this or not? Now i dd notice usdn is getting back very close to a dollar so that is good right? i recall someone mentioned you need usdn to get back to stable dollar price first? They also said in order to do that, waves price need to drop for this to happen? Can someone explain this?
Also do people here store their other coins in their waves exchange account? You could store other coins like btc, bch, usdt, usdc, litecoin and many other coins in it. Are there any cons to do this? i do notice like the withdraw fees seem to be higher if you want to withdraw coins? Example you could store ltc in waves exchange but withdraw fee is 0.01 ltc which is a lot more than few cents it would cost if you store ltc n hardware wallet like ledger? i never installed litecoin in ledger but i heard sending ltc is only few cents? BCH, the fee is 0.3 BCH for withdraw seem ridiculous or is there something i'm missing here?
Now if you use the waves exchange and use it with your nano ledger, wouldn't that mean all your coins are safe though as long as your nano ledger seed is safe? Because the cons of using an exchange is your account could be hacked. So doesn't that mean you could store any coin there or stake coins like btc and earn some interest in it with lesser concern than if you were to stake them in waves exchange compared to nexo, celsius, gemini etc?
When I tried to withdraw my ethereum and it asked for 0.01 ETH fee, I just sold it for waves, sent the waves to exchange with small fee and sold it, since I was just needed to get USDT.