LeoDex Conversion Process
LeoDex, as a decentralized exchange, utilizes the Maya Protocol as its backend to facilitate conversions between different cryptocurrencies. To convert Dash to HBD, LeoDex leverages this protocol to match buyers and sellers, enabling the exchange of Dash for HBD.
Step-by-Step Conversion
- User initiates conversion: A user requests to convert Dash to HBD through LeoDex.
- Maya Protocol matching: The Maya Protocol matches the user's request with a corresponding offer to sell HBD for Dash.
- Atomic swap: An atomic swap is executed, exchanging the user's Dash for HBD in a trustless and secure manner.
- HBD settlement: The converted HBD is settled in the user's wallet, completing the conversion process.
By utilizing the Maya Protocol and atomic swaps, LeoDex provides a seamless and secure way to convert Dash to HBD, making it an essential tool for businesses and individuals alike.