This guide will walk you through the entire process, from creating content to accumulating Bitcoin in your CTRL wallet.
Your primary activity will be participating in the Hive ecosystem in one of three key roles.
All of these roles earn rewards.
Create original content such as articles, videos, or artwork on platforms like Inleo.ioor Hive.blog.
When other users upvote your posts, you earn cryptocurrency.
Discover and upvote valuable posts and comments from other users.
When you upvote content that goes on to earn rewards, you receive a portion of those rewards as a curation reward.
Participate in discussions by writing insightful comments on others' posts.
If your comments receive upvotes, you earn rewards directly from them.
Note1:
One of the beauties of the Hive ecosystem is the ability to earn more than one token. If you post on inleo.io, your post is automatically posted simultaneously on Hive.blog. As a result, you can earn LEO, Hive, and Hive Backed Dollars from that single post, all of which are deposited directly into your Hive and Leo wallet.
Note2
HivePower is a staked form of Hive, which you earn and it gives your upvote value. This means your HivePower determines the value of your upvotes. You can unstake it using the menu in your Hive wallet, to convert HivePower to Hive and then swap your Hive to Bitcoin.
FIRST
Swap Hive for Bitcoin:On the LeoDex swap page, select HIVE as the asset you want to "Send."
Select BTC (BTC) as the asset you want to "Receive."
Enter the amount of Hive you wish to convert.
In the "Recipient Address" field, paste the Bitcoin (BTC) address from your CTRL wallet.
This is the most important step to ensure you receive your funds.
Click "Swap" and approve the transaction in your CTRL wallet.
SECOND
Swap LEO for Bitcoin:
Repeat the process.
Select LEO as the asset you want to "Send."
Select BTC (BTC) as the asset you want to "Receive."
Enter the amount of LEO you wish to convert.
Double-check that your CTRL wallet's Bitcoin address is still in the recipient field.
Click "Swap" and approve the transaction.
Wait for Confirmation: Cross-chain swaps can take a few minutes to process and confirm on the Bitcoin network.
You can track the status of your swap in the LeoDex transaction history.
Verify Your Balance: Open your CTRL wallet and navigate to your Bitcoin wallet section.
Once the transaction is complete, your new Bitcoin will appear in your balance.
By following this process, you create a direct pathway from your participation in the Hive ecosystem to accumulating hard money like Bitcoin, all within a decentralized framework managed securely through your own wallet.
Leodex is a decentralized cryptocurrency exchange
Which means you never give up control of your cryptocurrency assets
Your wallet controls your assets
Your job is to learn how to control your wallet
So this means if a swap fails, which by fail I mean it doesn't complete the entire process of being swapped from Hive, HBD or Leo to Bitcoin.
Your cryptocurrency is never lost or stuck in the swap process,
it is simply in your CTRL wallet as one of the intermediary tokens.
Let me explain:
If you swap Hive for Bitcoin on Leodex:
Your actions are:
You choose Hive as Input and Bitcoin as Output.
Leodex actions are:
Leodex swaps your Hive for Hive Leo, then swaps your Hive Leo for Arbitrum Leo, then swaps your Arbitrum Leo for Cacao, and then swaps Cacao for Bitcoin. Then you see Bitcoin in your CTRL wallet.
If the swap fails, defined as doesn't go all the way to Bitcoin,
then you will find either Hive Leo, in your Hive Leo wallet,
or Arbitrum Leo in your CTRL wallet,
or Cacao in your CTRL wallet.
What token you find, depends on where the swap process stops.
This is important, because if you have a "failed swap" you can place a ticket on the Inleo Discord, but it will take a while to get an answer and the answer will be what I just told you.
In a decentralized exchange, your assets are always under your control, or more precisely; the control of your wallets.
I am explaining to you how this works, so you understand, and through this understanding; you learn that you are in control.
So if the swap stops during the process of swapping the last token swapped will still be in your wallet.
You don't have to wait for someone to give it to you.
You just need to understand, so you can find it, and initiate another swap.
For example,
if you find that the swap stopped at Cacao token, you just initiate another swap:
Select Cacao as Input
Select Bitcoin as Output
Press Swap
Authorize Swap in your CTRL wallet.
Remember this is decentralized swapping
Your assets are always under your wallets control
You always consent to the swaps
If swap fails your assets didn't disappear
Your assets are in your wallet as a swap token
Cryptocurrency is hard
That's why you join a community and read articles like this one, and ask questions in the comments.
We are here to help each other.
We are here to stop being poor and to start being in control
Being in control is hard
But being poor or being out of control is harder
If you choose this route to freedom remember:
Take responsibility for your actions
Learn from your mistakes
No one owes you anything
Being in control is hard
Being poor is harder
Once you learn to make money by yourself
You will never be hungry
You will never be naked
You will never be homeless
You will choose how well you live, by how hard you are willing to work.
But no one can make you successful
Only you can make you successful
We can help by sharing the knowledge we have learned the hard way
But you must do the work.
Some say success here is the "Proof of Work."
It was formerly known as XDEFI Wallet and was rebranded to Ctrl in November 2024.
It aims to be a "one-stop" wallet for managing assets across many different blockchain networks.
Users can deposit USDC or CTRL tokens into a "Gas Tank," and the wallet will automatically handle gas fees across supported chains, removing the need to hold native tokens for each blockchain.
It consolidates all your crypto assets and NFTs from different wallets and blockchains into a single dashboard.
It allows users to easily import existing wallets from various blockchains.Cross-Chain Swaps: It enables users to trade and bridge assets directly within the wallet across different blockchains.
It focuses on simplifying the crypto experience, with features like social logins (email, Apple ID, social accounts) and no need for seed phrases during initial setup (though it supports importing existing wallets with seed phrases).
It has been audited and emphasizes that users retain full control over their private keys and seed phrases.
