@Swap.app Updates: simplyfing memos, Steem / Hive -> BTC ready to go

in #steem14 days ago
Hi guys, few small updates today related to using memos when transferring funds to @swap.app.

swap_app.png


Steem <-> Hive

Previously when the user wanted to swap Steem to Hive or Hive to Steem, he needed to use the right memo.

Now, no memo is needed for Steem <-> Hive swaps.

If you send Steem to @swap.app, it's gonna be swapped to Hive, and when you send Hive - it's gonna be swapped to Steem. You can use empty memo in both cases.

Steem -> SBD and Hive -> HBD

If you want to swap your Steem to SBD - use memo sbd.
If you want to swap your Hive to HBD - use memo hbd.

Steem / Hive -> BTC

We've already completed few swaps directly to BTC and all is working as intended :)
To swap your Steem / Hive directly to BTC, send it to @swap.app with memo:
btc your_btc_walled_address
For example:
btc 1GUR9r21wTt53xC7NCim3GKeES63tWTPPP

You can also encrypt your message so it's visible only to you and @swap.app by adding # at the start of the memo:
#btc 1GUR9r21wTt53xC7NCim3GKeES63tWTPPP

The swap ratio is the same as on binance. There's a 0.7% fee for the exchange and 0.0001 BTC withdrawal fee - which is 4 times lower than on Binance and 5 times lower than on Bittrex - so pretty good deal :)

The actual ratio with a calculator is coming soon and will be available on the @swap.app website.

BTC -> Steem / Hive is also coming but we need the website so you can receive the BTC deposit address.

Feel free to join @swap.app discord: https://discord.gg/T6dydXy if you have any questions or need support.
See you soon!
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Do BTC addresses starting with 3.. And bc1... are supported as well?

We've tested legacy -> segwit (bc1) and it worked without problems, 3... should be all good too :)

Hi @cardboard, I sent Hive (10 hours ago) but didn't receive the equivalent Steem on the other chain.

Didn't read about the memo though. Any way to fix this?

Thank you

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Sure, will refund. Steem nodes are not happy today.

Hi,
I’ve just tried to swap 10.652 tokens for Steem, but I didn’t get the Steem! Please check.
Thank you.

I see it went trough but with some delay.

yes, it went through fine. I want to delegate more HP to @tipU but I need to know if it is still possible. And if you have a link for undelegating, please post so I can switch a few more SP from others. Thank you.

Timely + Saves me time that I didn't have.
Both of two previous uses went perfectly and faster than I am.
You're building trust and for my purposes, it's a great deal.
Thank you!

This looks good. I will definitely give it a try soon.

Wow. That's great. I wish to use the Bitcoin swap soon just like I used the Steem swap to Hive

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Very interesting thanks I will look into using this option.

Thanks for the good information.