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RE: Tech Aide: 👌 FIRST Exchange Transaction on Binance DEX! 👍

in #cryptocurrency5 years ago

Vert cool!

I made my first KyberSwap trade this week. I hope they add more tokens in the future, right now the offer is still pretty small.

I wasn't thinking about buying anything but since Bittrex wanted to charge me over 5% of my tokens to move them to a Personal Wallet, I decided to sell them and buy them back through KyberSwap, thus avoiding that exaggerated fee. 😉

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Hmmm, not familiar with KyberSwap @trincowski. Is that a DEX service?

Posted using Partiko Android

No, KyberSwap takes it a level further. The coins never leave your Wallet, so you trade them directly from your Wallet! 😍

There's no need for deposits, withdrawals or any of the fees involved in those processes.

Okay @trincowski thanks! Sounds like BitShares then. My limited experience is they have such teeny, tiny trading volumes that it doesn't really offer the hoped for value the potential represents.

Next step for me with Binance DEX is the link to the Trusty wallet. I'll find out if it supports Binance DEX trades directly from inside it.

If so, maybe I'll write another post about it ... 🙂

Posted using Partiko Android

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