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RE: Is LeoDex no longer active?

in LeoFinance11 months ago (edited)

Which site did you use to convert Hive to Swap.Hive, https://beeswap.dcity.io/convert or https://uswap.app/ or https://tribaldex.com/wallet/? Just sending Hive to the @leodex account won´t work I guess. The site needs to have the required liquidity (in this case the 80 Swap.Hive), you need to check this in advance.

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Just sending Hive to the @leodex account won´t work

Many automated swaps are set up so that the transaction on the blockchain triggers the swap. Using the transaction to trigger the swap is both more secure and allows for people to automate swaps.

I suspect that the author is referring to the "deposit" and "withdraw" buttons LeoDex.io .

https://leodex.io/wallet

That is where I lost my money.

PS: I thought that tribaldex used honey-swap. Honey-swap charges more. They have better liquidity than leodex .

Many automated swaps are set up so that the transaction on the blockchain triggers the swap.

Right, but there needs to be more checks in the background prior to the transaction than that, e.g. where come the transaction fees into play? The deposit/withdrawal is not for free.