# Token Management (mobile)
Waves.Exchange mobile provides variety of features allowing to interact with cryptocurrency. You can stake tokens, decrease the supply of token you have issued or burn unwanted tokens.
Note: To issue your own tokens, or setup sponsored transactions use Waves.Exchange online/desktop version.
You can hold or transfer WAVES and other cryptocurrencies on Waves.Exchange blockchain. Bitcoins or other supported external cryptocurrencies are transferred by means of centralized Waves.Exchange gateway. This means that the coins are sent to a user's personal Waves address via standard transfer and after the depositing user receives WAVES-based tokens (for example wBTC) issued in the Waves blockchain. The gateway tokens are backed 1:1 with the real external coins.
Waves.Exchange allows to buy cryptocurrency using a bank card.