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RE: LeoThread 2024-05-09 16:29

in LeoFinancelast month

Another swap made at a profit $HIVE -> $CACAO

Wen will Hivers start using DEX instead of CEX for their HIVE Trades? The pricing is often not only more efficient, but will actually make you instant profits because of market dynamics

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probably when dex will become as easy as quick to use.. most people Have no idea about Dex

Each day, it gets even better

I think to anyone with even minor DEX experience, it's the best UI/UX on the market for trading HIVE. Better than CEX already and continuing to improve

Is the pool losing money then? $5 in this case? Somebody has to cover the profit.

Nope

It's arbitrage across the prices of LEO:HIVE and LEO:CACAO

Nobody is "losing" money. The pools have a price discrepancy and if you catch them at the right time and swap HIVE across the aggregator, you are effectively arbitraging the pools back to parity

Then it's because there's too little liquidity, once the pools grow, such dicrepancies would hardly occur, right?

I'm excited for when I'll use it which is probably when $BCH or $LTC drops or on a good day in which $BTC or $ETH transaction fees are very low, and I have $100+ transaction to make.

Until then, keeping my eyes on all the updates.

Perhaps a few videos about it. When you say profit, versus what? Trading on CEX?

Check the input output values. You're selling $218 worth of HIVE for $223. Instant profit of $5 because of price discrepancy

Is the pool losing money then? $5 in this case? Somebody has to cover the profit.

Looking to learn and I've in moar soon! !BBH

@khaleelkazi! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @pepetoken. (8/50)