SWAP.HIVE <---> WAX trading now available on tribaldex.com. How it works!

Since this morning at around 03:00 it is possible to trade on https://tribaldex.com/ with SWAP.HIVE and WAX. The WAX blockchain is currently experiencing some very interesting NFT games - which are mostly hosted on the largest marketplace Atomichub.io.

Let's take a look at how to add your WAXP tokens from the WAX Blockchain via Tribaldex as tokens at Hive Engine.

The WAXP token at Tribaldex

First we go to the Tribaldex site: https://tribaldex.com and log in. After we are logged in - either with Hive Keychain or the SmartLock, we then go into our wallet to make a deposit: https://tribaldex.com/wallet/

Once in your own wallet, you have the option to Deposit. Clicking Deposit brings up a popup message, with a list of tokens that can be deposited to Tribaldex / HiveEngine. Let's click the drop-down and go almost to the bottom and select WAX.

After selecting WAX, we get the information we need on the WAX Blockchain for the transfer.

Important

It is important that for the transfer from the Wax Blockchain we need both information for the transfer. Once the WAX address where we send the WAX amount and the memo so that the payment can be assigned to your HIVE account.

What then happens in the background is when you send, say, 100 WAX on the WAX blockchain to the account hiveenginewx with the correct memo, Tribaldex will automatically find your transaction and generate you the corresponding amount of WAX on the Hive Engine. This is exactly how it works the other way around, except that WAX is a direct transfer.

Click images to enlarge!
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Login at Tribaldex.com

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In your wallet click on Deposit

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Select WAX from the list.

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The transfer information for the Wax blockchain.


The account "hiveenginewx" on the WAX Blockchain

To see how many WAX tokens the account handling the trading pair currently has, you can go to the block explorer of the WAX blockchain and enter the name.

https://wax.bloks.io/account/hiveenginewx

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The Total Wax Balance is the approximate value that can be sent, for example, on a withdraw on Tribaldex. A bit lower on the Block Explorer page there is a more accurate number, which is much more true, because the upper value also includes clocked WAX for CPU, RAM and NET.

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Sending tokens in the Wax Cloud Wallet

Now, to send WAX tokens, we log into our account in the WAX Cloud Wallet, for example. Once logged in, we have the option to send WAX Tokens here on the right side under "Send": https://wallet.wax.io/dashboard.

We now click on "Send" on the right side and the transfer popup will open. Here we select the token we want to send. In our case here, it is the token with the name WAXP. After clicking on the name WAXP we get to the input of the amount of WAXP we want to send. Here we can either enter the US dollar value of WAXP at the top or simply a sum of WAXP at the bottom and the US dollar value will adjust accordingly.

If we are satisfied with the input, we continue by clicking NEXT.

Now, on the one hand, we enter the WAX address at the top of the recipient: hiveenginewx and in the lower field Memo (optional) the memo we receive at Tribaldex. This is not optional here and must be filled in. In my case it would be SWAP.WAX louis88 where for the username, you enter your username on the HIVE blockchain.

If all entries are correct, you continue with the next step. You click on NEXT and a popup should open where you have to confirm your transaction. Under Details you can see more details about your transfer. With a final click on Approve your transfer is on its way and we have done everything we need to do in the WAX Cloud Wallet.

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Login at Wax Cloud Wallet and go to Send

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Choose WAXP to Send

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Enter amount to send

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Choose the right Destination

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Confirm in Popup Window.


Your WAX tokens on Tribaldex

Now that we have completed our transfer to WAX, it will only take a few seconds for the WAX to appear in your wallet at Tribaldex and be tradable there. You can see the trading pair for the WAX token at:

https://tribaldex.com/trade/SWAP.WAX


Many thanks to @aggroed / @cryptomancer for adding the token WAX - This again brings a new and wonderful usecase to connect different blockchains together and again offers many new possibilities! I myself ask myself a question.... Since WAX is also just a token on Wax blockchain, would it be possible to connect any other FT like Aether from rPlanet or Alienworld's TLM with HIVE?


I hope this tutorial could help you so far! If you still have questions or problems, write them in the comments, then you can be helped quickly.

Linklist:

Tribaldex: https://tribaldex.com/ - https://tribaldex.com/trade/SWAP.WAX
WAX: https://wallet.wax.io/dashboard - https://wax.bloks.io/account/hiveenginewx#tokens
Leofinance: https://leodex.io/market/SWAP.WAX

German Version of this Article: @louis88/der-handel-mit-swaphive-wax-nun-auf-tribaldexcom-moglich

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