@swap.app Is The Most Simple STEEM <-> HIVE Swap?
I used to use @blocktrades for STEEM transactions but they stopped supporting STEEM I wasn't sure what I was going to do with it since I didn't want to use poloniex or sign up for bunch of other exchanges and stuff.
But then I then I saw this @cardboard 's post
Need some help with testing @swap.app :)
Super simple STEEM <> Hive token swap!
You just need to send token to @swap.app and swapped token will be sent to the other blockchain.
Steps are exactly the same on both chains.
Just go to your wallet page and "Transfer"
Send tokens to "swap.app". Use your active key to complete the transaction.
That is it!
You will receive swapped token on the other chain and the transaction was pretty fast.
It only took like few seconds.
STEEM to Hive Swap
Hive to STEEM Swap
If you want to send swapped token to someone else, use memo and enter username in there.
Two additional options available:
send 0.001 STEEM / Hive to receive message about current exchange ratio
you can specify the recipient on the other chain - just enter @username in the memo
If you are on both chains or want to swap their tokens...
swap.app is simple, fast, and easy!
I think this is still a testing phase and it is not official yet but I think this is going to be a great tool!
The exchange ratio depends on current prices and there's a 0.7% fee
(including 0.2% fee taken by the exchange).
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@tomoyan first of all very nice article. And I will definitely check this new app. But the fees are little high as per my thinking.
Hi @adityajainxds! Do you know any other way that you can swap tokens for lower fees?
How do you swap tokens normally?
@tomoyan yes I know few , you are on discord. I will share the details with your.
Yes I am on discord!
Cool apps that is fast way to exchange steem and hive
Yay!
Your post has been boosted with ESTM. Keep up the good work!
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hi @tomoyan , thanks for sharing another way to swap steem to hive. beeswap is also great platform to swap the steem to hive and the fee is also less.
Hi @luckyali Thanks for the info!
beeswap is this?
https://beeswap.dcity.io/
ye it is
Thank you for this .. i have been looking for a way to do this without going through bittrex
Yeah, I didn't want to use exchanges either so this is great!
There is a quick update from the dev so check this post too :)
https://hive.blog/hive-167922/@cardboard/swap-app-hive-hbd-added
Thank you