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RE: What is blocking the widespread use of HBD? [ENG/PL]

in #hive2 years ago

You can always use hive-engine to trade for Bitcoin, Litecoin, etc. or vice versa.

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I could never figure out how to send my Bitcoin from Hive-Engine to Coinbase. Is it easy ? No Fees ?

I usually go in the other direction but I think it's as simple as pressing the "withdraw" button at the top of your wallet in hive engine, choosing which crypto, and entering the amount and the address.

I think hive engine charges a 1% withdraw/deposit fee. I think Tribaldex charges less (0.25% or something).

Ok… I will give it a try. I thought it was some weird wrapped Bitcoin or something like that. It’s actually Bitcoin ?

It's swap.bitcoin in hive-engine but it transfers out as bitcoin without any additional conversion or steps. I guess that's just so it can be an actual 2nd layer token on hive and transferred around that way if you so desire.

Thanks…. I’ll convert the rest of my Hive to Bitcoin and give it a try.