You may not heard of this service. This is a service provided by @hiveupme and today I decided to write about this. This is really awesome service and I will you will satisfy my post.
Whenever we need to swap Hive and Swap.hive we need to pay a fees. It may be reasonable or may be not. But we have to pay for it. Someone will charge you 1% fees and another will charge you 0.25% fees. But in this case @hiveupme will only charge you 0.1% fees. So this is the lowest fees in the whole community to swap Hive/Swap.hive.
To access this page you need to visit the following link:
https://swaphive.github.io/swap/
In this page it is clearly stated that:
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Swap fee = 0.1% for Hive
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Swap fee = 0.1% for Swap.hive
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Swap fees = 0.0% for Vault
As we see I have 48 Hive in my account. Today I will swap 48 Hive to Swap.Hive.
Can you guess How much I will get.
But before do We need to check the Liquidity of Hive and Swap.hive.
There are many Swap.Hive but only 1.3 Hive in liquidity pool. This condition is expectable. And there is a reward for adding your tokens in the liquidity pool. I like this idea more than the idea of liquidity pools in other websites.
I also want them to make bridge for other tokens.
I will add 48 Hive in liquidity pool and I will get 48.036 Swap.hive. So this is better than every services nowadays.
After I clicked Swap Button Keychain will be pop up. We have to approve the transaction. After a few seconds I found my swap.hive in my hive-engine wallet.
It is almost instant if compared with my transaction time. There may be delay when there is a server issue. But most of the time it works as expected.
I hope you enjoy my post.
I am keep staking tribe tokens. I will update my staking journey very soon.
Posted Using LeoFinance Beta
