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5 years ago in Project HOPE by mynima (65)
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Hello @mynima
This is truly a great contribution.
I am sure that those of us who have worked with exchange, associate wallets, among other things, can visualize the process.
This strategy of changing to a token that does not charge so much in shipping to make a secure transaction that is widely used by many, is good. It allows you to save, but, if you have to be careful, on one occasion I was going to pass BTC from one side to another, and I changed to another crypto to transfer and save some dollars for the transaction, and it turned out that it coincided with a 17% decrease in the currency he he
So I literally lost almost 20% of my capital when I wanted to save a few dollars ha ha ha😆
But it is not the usual thing that happens.
Thanks for the contribution of this tutorial.
Happy 2021.
OUCH!! That is one hell of a drop. Indeed, it is all about timing, which is why I use XLM. Not only does it have 0 withdrawal fees the speed of transactions is very fast so (provided you're not super unlucky and there is a massive sell off) then you should be able to action the process before losing too much. It is also possible that it goes the other way...but that never happens that I am so lucky!
Happy New Year. Thanks for the feedback :)
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STOPDo not miss the last post from @hivebuzz:
I have heard about this project long ago, think I will be taking more look at it.
Yeah I was the same, heard about it a some time ago but never really followed it. The key thing I think is oracles in general are going to be critical for adoption. They allow us to go and grab real-world data and plug it into our smart contracts, which means that we can start to have much more dynamic/real-time contracts.