Ways of Transferring Hive to Swap.hive in Hive Engine With Smallest Fees

in Hive Learners12 days ago

I know most of the users here knew about transferring hive to swap.hive but there are users that are new to this on transferring hive to swap.hive in Hive Engine. I'm going to share to you on transferring your Hive to Swap.hive with a smallest fee.

There are many ways on tranferring hive to swap.hive. As I used it every day, I found some websites that can exchange Hive to Swap.hive with small transaction fees. There are three websites that I used when I transfer my hive to hive engine some have high transaction fees and some were lower than the other. Of course, it will depend on how much of the liquidity pool it may have for that but you can choose which one is the cheapest.

You can use in Hive-engine platform itself to swap your hive but the transaction fee is fixed to 0.75% fee for each transaction and vice versa. It is good to use this for users if they transfer a small amount but if it's big, then it's not good at all. I've used this before when I started to transfer my hive to hive engine because I thought 0.75% is a good fee for transferring my hive but I stumbled upon this new website to transfer my hive to swap.hive in Hive Engine.

I saw this platform when I browse into Peakd website and then I saw this Beeswap. You can convert your Hive to Swap.hive for a very small transaction fee. You can also swap any tokens that are available from the liquidity pool which is really convenient to use. So, I tried to use this for a couple of weeks of transferring my hive to swap.hive and the fees are smaller than 0.75%. This time, the transaction fee is 0.45% which is 0.30% difference from the hive engine platform. This converter may vary depending on the liquidity pool that they have. Sometimes you can get more of it or sometimes the transaction fee will be 0.65% but it's smaller than the hive engine which makes it more cheaper.

Just yesterday, I saw another exchanger from hive to swap.hive and this time, the transaction fee is way more cheaper than the others. This is USWAP is an exchanger from hive to swap.hive or vice versa. I think most users doesn't know about this because only a few of them uses it. There is a transaction fee for the users to see on how much is the fee. Since only a few users use this, it means that the fees are much more lower or sometimes you can get more by swapping your HIVE to SWAP.HIVE or vice versa.

Conclusion

For me, it's better to see first all of the converter if the fees are cheaper before you exchange it. There are times that the fees are much more expensive than the other. I'm not saying that Uswap is the best exchanger from hive to swap.hive because it might change it in the future depending on the SUPPLY and DEMAND of each token.

Who doesn't like transferring your hive with smaller fees or no fee at all? I'm only here to share to you on what's the best way on transferring your HIVE into hive engine for the smallest transaction fees. I only discover this while I was browsing through the platform in HIVE.

As a user who wants to transfer most of my Hive tokens into Hive Engine, I think, for now, USWAP is the best on transferring my Hive to swap.hive because the fees are low and sometimes I get more from it.

Note: The first photo was edited by me in Canva
Note: The photos were taken using my computer

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Thanks for this tips bro.
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