Today I didn't know very well what to write about, you could say I'm a little thick. So I'm going to participate in a contest organized by Keychain.
I don't like to participate a lot in contests because I don't think they will ever choose me, but hey, at least it will help me for today's publication and to let those who don't know know how direct exchanges work in Keychain, which has been around for a while. I use it regularly.
I am going to make it educational and in images so that there are not many doubts left.
Source: Screenshot of Keychain application
Here we are going to use the Keychain V3 extension to do the demonstration. So the first thing will be to go to the main screen of the extension as shown in the image above. Then click on exchange to go to the next screen.
Source: Screenshot of Keychain application
This is the exchanges screen. Here we can see that there is a 0.75% fee if we pass tokens from layer 2 to layer 1.
We can also choose the tokens we want to exchange and the slippage we allow. This can be chosen in parameters.
Another interesting thing is that there is a minimum value to exchange 1 Hive. With less it doesn't work.
Source: Screenshot of Keychain application
In this other screen it shows us all the data before proceeding with the exchange so that we can check all the data.
This way we avoid unwanted mistakes.
Source: Screenshot of Keychain application
And this exchange has already been carried out successfully. Easy, simple and fast.
The good thing about Keychain exchange is the speed and ease as long as there is a counterparty. Also choose all the places where the counterparty exists. This way you don't have to waste time looking for the best price, the application does it for you.
Well I hope it has been useful to you and let's see if I win a prize. 😂😂😂
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The information provided through this channel does not constitute financial advice and should not be construed as such. This content is for purely informational and educational purposes. Financial decisions should be based on a careful evaluation of your own circumstances and consultation with qualified financial professionals. The accuracy, completeness or timeliness of the information provided is not guaranteed, and any reliance on it is at your own risk. Additionally, financial markets are inherently volatile and can change rapidly. It is recommended that you conduct thorough research and seek professional advice before making significant financial decisions. We are not responsible for any loss, damage or consequences that may arise directly or indirectly from the use of this information.
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