Now from here we're no longer concerned with Binance and we land in the HIVE ecosystem. I prefer using PeakD for my Hive wallet stuff, so this is what I'll reference:
The amount you've sent from Binance will appear as Hive Balance in the Wallet Section of PeakD as picture above. You can check your incoming Hive transactions in the transactions explorer below:
So, after that, you need to obtain SWAP.HIVE. The way I prefer to do that is to swap it on BeeSwap - https://beeswap.dcity.io/convert
The fee here depends on the amount of Hive/SWAP.HIVE the pool currently has. The usual fee is 0.45% but this time (at the time of the screenshot) it seems they have a bit more Hive than they need so the fee is 0.75%. Sometimes there is actually low liquidity on the Hive side and then you could actually earn a few extra SWAP.HIVE for swapping Hive into it. Now that you've finally obtained your SWAP.HIVE, we've reached the final stage of the DEC/SPS purchasing process. You can go to Hive-Engine or Tribaldex. I prefer using to Hive-Engine.
You have to click on the "More" dropdown menu in the upper right corner and choose tokens. Then you can see all the tokens listed on the exchange and among them DEC and SPS - hit - they are usually on the top of the list.
You get into the submenu of the coin and place your buy order. You can click directly on a sell order and buy directly from it if you feel that the going rates for the Buy and Sell orders is more or less the same, or you can place your buy order for a Price that you find most suitable. You should be aware that there a ton of trading bots, so you'll have to battle with them when placing the Buy orders. It sometimes takes me hours to squeeze out the best price if I have to buy a larder amount but if you don't care that much, you ca just buy for the currently lowest Sell rate and go about your day. Once you've done that - you've bought DEC or SPS, you go in-game to the DEC/SPS menu. You press the "Transfer" button and get to the following menu:
You choose "Hive Engine" in the "From" section and the quantity you'd like to transfer. Congratulations! You now have your DEC/SPS transferred into the game. The process might seem long and tedious but it literally takes 5 minutes when you're used to it.
While you are still here you can check out the 3 music videos I've created for 3 of the Splintervibes songs. Here they are, enjoy!
https://x.com/GhostlyBG/status/1953627656001568794
https://x.com/GhostlyBG/status/1953540737267847576
https://x.com/GhostlyBG/status/1949975049080819720
This is for now! See you next week! ;-)
Over and Out,
Referral