The Fee-Free Way to Convert Hive to Swap.Hive....

I've had a little hive-delegation going to @leovoter for well over a year now, and that pays me out in LEO, I think at around 16% APR...

I've been using that LEO recently to buy swap.hive to pool with DEC given that my liquid SPS has been spent on nodes (which I was previously using to match the DEC.

I usually swap the LEO for SWAP.HIVE which incurs the same fee I think as using @gerber's excellent conversion service, but it struck me that I could just use the regular market and put in bid orders for Swap.Hive which i think is fee-free.

Of course you're subject to market variations, but they are just as likely to work in your favour as not if you're patient.

And you earn a decent APY in the process.

So if you regularly convert swap.hive from Hive you might want to give this route a go instead.

Not that the 0.25% fee is that bad for conversion, but you know, if your moving around 100s or 1000s of Hive to Swap.Hive every year that's 25 Hive down the drain per 1000, and this could save you some of that!

Posted Using LeoFinance ^Beta