HIVE KEYCHAIN SWAP WAS FLAWLESS
HELPED ME TO CONVERT MY SWAP.HIVE
I had a little more than 500 swap.hive lying dead since long and I even did not remember, which exchange I used since this was done way back, may be during the CUB campaign. Since then the Leo Finance UI has changed a lot and the only thing I remembered is that I used the Leo exchange. So I posted a thread in the Leo community and thanks to everyone who provided me some direction. This is the true power of community.
https://inleo.io/threads/view/sanjeevm/re-leothreads-2gayw2k92
Initially I was advised to check Tribaldex, but it seems that does not have the offerings to trade or convert swap.hive.
Someone advised and reminded me that it was Leodex but then he also told, that transactions getting hung up in Leodex and instead use hive.engine. The conversations finally brought up the HIVE KEYCHAIN SWAP on the table and I remembered this post from @stoodkev that I had read back in September and upvoted even.
https://peakd.com/keychain/@keychain/hive-keychain-v26-beta-swaps-are-here
Following the posts from @keychain I found that SWAPS were made available in production in October, refer this post :
https://peakd.com/keychain/@keychain/hive-keychain-v26--swaps-are-now-available-in-production
So it was time to test the swap functionality and I must tell you that, that was pretty smooth.
You will have to add active account to keychain for this, so I added it. Usually I do not store the active account and add only when I need it. And then you see that lovely SWAPS icon at the bottom right. Click on that and it will take you to the SWAP screen.
By default it populates HBD, so you have to type in the currency. And then choose the desired currency to which you want to convert. I wanted to convert to HBD, and went ahead with default options. There are some advanced parameters as well, which has something to do with the slippage to confirm that you get the best. The only thing that I did not understand from the description of that advanced parameter is that some swaps require several operations and your funds can be returned in a different token. Not sure what it means, but definitely I would rather prefer the swap be cancelled instead of giving me the funds in a different token, that I may not like. Click the Swap button and it takes you to the Confirmation screen.
And confirm the swap, the funds are in your account pretty soon, almost in seconds.
So if you closely observe, the actual were a little more than the estimated ( 189.340 to 189.337), so seems the tough job they are doing for every broadcast behind the screen for that slippage got me this. For a bigger amount, this may be substantial.
So if you have still not used this swap functionality, then I would say try it, I am going to use this frequently now to convert my HBD to HIVE and vice-versa, as I plan to try some luck there.
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have you heard about Islamic Coin ?
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I love how you explained everything in detail and made it look easy, I have been wanting to swap Hive for a while but I have been too scared of getting it all wrong and risk compromising my account.
Thank you so much for sharing this.
I was even unsure about how to convert, and I must say thanks to the community who helped me when I posted it in threads.
I think I will give it a try then.
Thank you!
Really awesome job in excellent work using our decentralized finance tools!
Excellent post and I hope you have an amazing day today!
#freecompliments
Ya, its so nice to see our own tool offering everything we need.
Absolutely I have to agree with you!
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How to add or remove keys from Keychain .....sometimes I find it difficult to operate...I usually remove and then add back...like it fid not let me access tribaldex
You have to click on the Menu, go to Accounts, Manage Accounts and then add or remove. I keep my posting key, but remove the active key afterwards.
Its flawless and happens in less time. I have used it a few times and my experience has been great all the time.
Ya it was quite impressive, this is going to be my favorite now.
You are right when it comes to community power. I havent seen such a community elsewhere. We are blessed to be on hive with such a helpful community.
well i am Glad to know that you figured out how to convert swap.hive .
True power of the community and I think, threads are great.
This post is going to be helpful for me too. I am gona reblog it so it may reach more people.
I haven’t ever converted any token to Hive or vice versa but I have to do it in the near future. The guidance herewould make the work easier for me.
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Definitely its one stop solution, appreciate all the effort that the Keychain team is putting to make it better.
It is applaudable.
How is your father doing @sanjeevm?
Doing good, Recently took him out to the bank to give life certificate, you can see him in this recent post
Hello dear friend @sanjeevm good morning
To be honest, I have never used this service, I appreciate you sharing this tutorial on how to use this function
Thank you very much, have a great day
This is definitely a great service to swap the tokens.
Muchas gracias por la información, es importante a la hora de realizar intercambio en la plataforma.
I am happy you were eventually able to settle it out
All of these tools to make our lives easier when making exchanges from HBD to HIVE and vice versa are welcome.
Hey that is a smooth swap and a cool tutorial.
I only ever use the market you get to in the hive wallet to swap from hive to hbd and back. Recently purchased a handful of hbd on the latest hive pump in case I can go back the other way on a dip.
I use all my hive.swap on leodex to buy up tokens I like including beer, posh, pimp and Leo. So many neat projects to play with and the most fun lately is @holozing for me.
I am earning a little holozing from my posh stakes. Initially I thought to delegate some, but then I gave up because I don't play games. I remember I bought some spinterlands tokens and gave it to my son, but then he also is busy with his studies. Will wait and watch how it goes.
Well the cool thing is delegations help you stack up the $Zing and they are transferrable via Hive DEX like LeoDex. So, you can stack em up and sell, donate or delegate them to people you know who play when it launches. I also liked supporting @arcange for all he and his group have done since the STEEM days.
hive keychain is making our life easy.
This one works well too!
https://beeswap.dcity.io/convert
Ya, Keychain sounds more familiar to me though.
I use Ecency Swap, it does transfers instantly. I think the method is same for both and main chain is quite faster than the layer-2.
I can relate when this kind of issue happens, it's sometimes frustrating
https://twitter.com/lee19389/status/1724812390980841696
#hive #posh
Everything is becoming easy 👍
https://twitter.com/JunaidFazal1111/status/1724827855824343422
Nice to see another way one can convert his Swap.hive to Hive. I often use beeswap for mine but next time, I might give this one a try.
I am using Hive keychain and I must say they are the easiest way to convert your hive coins into HBD. thanks for sharing your experience sanjeev.
https://twitter.com/jewellery_all/status/1724891733044117981
Nice! 😎🤙 yea, all the hive/keychain tools work so great. I managed to sell some HIVE at .37, whenever ppl were buying that high, and i didn't have to sit there and watch it.. just awesome!
nice to see that even keychain can do swaps with ease..
There are many times of trouble in using Keychain. In particular I have been having trouble logging into hive swap for a long time. Sometimes it is very difficult to use.
I haven't tried that one yet. I'll check that out.
This is a HUGE WINN!! for a feature that anyone could use!