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RE: Turning Fiat Into Hive & Buying Some Hive Engine Tokens

in The CTP Swarm4 years ago (edited)

Nice one on the guide.

I think you can make it even simpler as you might be able to deposit LTC directly to Hive engine which would save the steps of going through blocktrades. I know you can deposit BTC but don't know about LTC deposits.

The only things I don't like with this method are the hefty fees of buying direct from Coinbase and then using blocktrades but you're right, it's by far the simplest, just not the cheapest 😊

Definitely good fun to play around with Hive engine tokens though and thanks for breaking it down!

Edit: I just had a look and you can actually deposit LTC directly to Hive-Engine which would save steps and fees, even simpler 😊

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Oh absolutely. Biggest issue is liquidity of LTC on hive engine. You don’t always get the best exchange.

My route isn’t the cheapest. But it works. Which is really important for new members that have never messed with crypto before.

Yes, moving LTC to hive directly doesn't give you good conversion rate.