One of the biggest needs of each cryptocurrency is its ability to exchange with others or fiat. We show you some secure KYC-free exchange variants from/to #HIVE.
Hi Hiver, I've been away for a while as far as writing, a lot of busy. I have been experimenting, together with my brother 
We show you the results of our experiments.
Cryptocurrency exchange services can be classified as:
Possibly the option is known by those who have been related to the crypto universe. Currently, the most representative CEX where Hive is listed are: Binance, Bithumb, Bittrex, Gate.io, and our favorite option CoinEx.
But:
And:
Decentralized exchanges (DEX) operate on a blockchain by exchanging tokens attached to it. From this point of view, Hive has its own DEX provided by Hive-Engine with a variety of the most common cryptocurrencies.
There are several exchange solutions through products derived from HIVE, these are bridged back networks such as being on the Binance Smart Chain or pHIVE on Polygon, then these can be exchanged for other tokens using traditional DEX as [pancakeswap] or sushiswap. In this non-native DEX, the HIVE tokens must be bridged to the DEX's working chain. For bridging, you can use the services of LeoFinace https://wleo.io.
The big problem with this mechanism is that what you have is a representation of the cryptocurrency or token in the working blockchain, not in the native form that we often need. We will describe our solution to you later.
Centralized Swaps are centralized applications that have our funds owned during the exchange process. They allow sending or receiving on different chains with a wider variety of outgoing cryptocurrencies depending on liquidity. As say many the are limitless non-custodial crypto swap services, exchanging crypto instantly with no account needed.
Among the most prominent swap services that accept HIVE are:
Click and see
The steps described below also work in reverse, for simplicity we will assume that the goal is to convert HIVE into another native cryptocurrency, such as LTC or BNB.
We will start by having HIVE on its native blockchain
Swap HIVE for SWAP.HIVE in LeoDEX with the option deposit or in BeeSwap with the option convert: 0.25% fee.
Change SWAP.HIVE to your expected crypto SWAP.YourCripto value Pegged on the Hive-Engine TribalDex FrontEnd. If your crypto is not listed we recommend that you use SWAP.LTC, because it has low commissions and does not have a minimum limit. You can make an operation at market price or at a limit, depending on your experience you can even manage to make an advantageous exchange that restores the costs of the fees.
In the wallet link on TribalDEX click on the option Withdraw and select the crypto or token to extract.
About fees, TribalDex says: "There is a 0.75% fee on withdrawals. For Ethereum, ERC-20, BNB, BEP-20, Polygon (MATIC) and Polygon ERC-20 withdrawal fee is 1% and you will also pay for the Ethereum / BSC / Polygon network gas fee."
If your crypto is not listed we recommend that you use SWAP.LTC as in the last point, and you will get a 0.99% fee in the way HIVE->LTC. Then you can use a Swap Service to get your preferred crypto. We recommend you FixedFloat or ChangeNow. FixedFloatturns out to be cheaper (0.5-1%) but with a limited set of output cryptocurrencies, among which is BTCLN. On the other hand, ChangeNow has a wider range of output cryptocurrencies but an exchange commission that may be somewhat higher (1.5-2%).
For a quick exchange with a satisfactory user experience the way recommended by us is ChangeNow, and all you need is to click on the following image link
And remember:
Freedom exists only when it belongs to everyone.
Thank you for reading us, we hope we have added something to your knowledge or reaffirmed the one you have.
Cheers!
