Posts

Hive's internal market is a competitive exchange and we are making it more modern

avatar of @igormuba
25
@igormuba
·
0 views
·
3 min read

The Hive internal market is fee-less. You can trade as much as you want and every single decimal of a cent in profit that you make is yours. Hive doesn't take a cut on any trade. For day-traders and people that live off of trading this is a game changer.

It is not unusual for exchanges to offer discounts, and sometimes even no fees for people or institutions that trade huge volumes. Unlike those exchanges, Hive is fair. Everyone has the same fee-less "fee" schedule. You don't need millions in volume to take advantage of it.

You could always use the internal market like that, but we lacked a simple and beautiful interface for it. I assume that is why we are, for now, considered more of a social media platform than an exchange. I don't see that as necessarily true, as our "exchange" features are competitive and truly decentralized, which is a perfect combo.

At https://hivehub.dev/market you can already swap HIVE <-> HBD in a simple and intuitive manner. This tool has been available for a while already, so of course good news doesn't stop there.

We are developing a new feature to allow people to trade more precisely using limit orders. For now it is still UNDER DEVELOPMENT and available only in the BETA version of Hivehub.

Anyone can give it a try and see how it works, before it is published on the official released website. Just go to the beta version of it at: https://beta.hivehub.dev/market/limit

Just be mindful that any and everything may change before the official launch! And for that, feedback is appreciated!

The edge

Hivehub has a modern chart:

It provides you liquidity details:

And a multiple page trade history with digestion of the recent volume exchanged:

As I said, for now that tool is on beta. The swap functionality revolutionized the way people can use the fee-less internal market of Hive to exchange.

The swap was very useful to add volume to the market. With people swapping the limit orders both buying and selling can have more chances of being filled. With this limit tool I expect that we will balance it out and add more liquidity. With more liquidity, fee-less and at a higher volume, Hive could be used as an exchange by itself! Day-traders, do your thing!

Of course, there is more good stuff to come! Peak Open Projects was created only a couple of months ago, and we have been pumping features and projects non-stop!

You can read more about other projects by Peak Open Projects on the proposal: https://peakd.com/me/proposals/peakd

Make sure to follow @peak.open to get the most up to date news when more stuff is released.

And most importantly:

Support the proposal by voting by either front-end you use most

Those projects are extremely exciting. I am very proud of it, so I keep telling everyone about what we do. We keep pushing hive UI/UX forward.

And of course, if you want to support me personally:

Click here and vote me for witness on HiveSigner

Or use your preferred signing tool to vote me:

https://vote.hive.uno/@igormuba

PS:

By the way, I am very glad we have a guy with a very good taste and talent for designing interfaces. I am very happy to have met you, and I am sincerely glad and proud to be working with someone with your talents! If you are reading this, I know you know who you are ;) Thank you for this opportunity and for everything else we have built together. Cheers, for more months, and hopefully years, of working and growing together!