BEESWAP alternative to Hive-engine

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(Edited)

BeeSwap is an external Hive decentralized exchange tool that allows exchanging existing tokens within the Hive blockchain.

BeeSwap from the same developers as dCity where you build your own city on the Hive blockchain and own your own kingdom.

I at hive mostly use Hive-Engine.com a very important service that we all trust but there are reasons not to use it or at least be the last option to deposit or withdraw hive.

Hive-Engine.com one reason that comes to light is the commissions of 0.75% for deposit or withdrawal although it is little if we make many transactions or large amounts we can notice it.

In this example we can see how much I have left after paying the commissions in case of making the transfer.

FireShot Capture 194  HiveEngine  Smart Contracts on the Hive Blockchain  hiveengine.com.jpg

Another reason why we should not use Hive-Engine.com first is that when you withdraw or deposit you are reducing or increasing the size of the smart contract.

this is good or bad depending on the circumstances but it is never good to change the size of the smart contract as long as it has liquid services like BeeSwap when these do not have liquid we can use Hive-Engine.com without problem
FireShot Capture 195  BeeSwap  Convert  beeswap.dcity.io.jpg
as we can see we can save 0.50% using 0.50% using BeeSwap in addition to taking care of the hive ecosystem, unfortunately I did not take a screenshot when I made the exchange but I will leave a receipt FireShot Capture 196  blesker  PeakD  peakd.com.jpg This is not to say that we can't use Hive-Engine.com but to avoid using it for withdrawals and deposits whenever possible.

Posted Using LeoFinance Beta



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