Hey everyone 😀
How are you? Another post I will make using InLeo, let's give this a chance, and surely for smaller posts it can be a nice way to earn a little extra with the additional LEO.
I wonder how you as a Splinterlands player bring money inside the game, I bring in some personal funds every month, to not get lost in all my excitement I have made a gaming budget for myself, which is €30 and whatever I made that month by collecting cans and bottles in my country for the deposit money, which is anywhere from €5 to €40... it varies a lot!
The money I make from the cans and bottles, I use to buy SPS with every month, my personal money I mostly buy cards with together with my earnings I make from posts like these.
So every month around the 20th, it's pay out day for my account.
The by far easiest way to get funds in to the game is by buying credits and they can do most things for us in the game like buying cards, even making bid buys or rent cards.
This way however has 1 major drawback for me... I can't buy SPS with credits!
Being an European in a country (The Netherlands) where Binance is still banned, I can't buy it outside of the game either or face very high fees like with using the in game option with TransAk, so... gotta love crypto, I have to jump trough some hoops every single month to save on fees, on a fairly low amount, most of the times around €50, a €6 -8 fee is a lot when you look at the percentage!
So, this month my deposit earnings where €12.85 with the €30 combined, I'll start by depositing Euro's to my countries broker and buy BNB with because this has low transaction fees and doesn't have a fee to deposit it in to TribalDex as well.
Fee: €0.11
Right after buying the BNB on my local broker, I withdraw this to my Rabby wallet address.
Fee: €0.26
Then, I usually have to wait a couple of minutes before it arrives so I can get on with the process.
Next, I deposit my BNB from my Rabby wallet in to the Hive ecosystem at TribalDex, I better like this in favor of Hive Engine because it feels more reliable and faster, I haven't tried LeoDex just yet, which also might be a nice way but this works for me so why change, right!?
Fee to send the transaction on the BNB chain is pretty nice, less than 1 cents.
I then see what way I will get the most Swap.Hive from, selling my BNB on the market or use the Swap option.
In this case, I would get around 0.5 Swap.Hive more with the Swap option.
Fee: 0.25 Swap.Hive ~ €0.10
Almost there!
I then calculate how much I need to buy SPS with, and again look to see if I receive more DEC and SPS from the market or by using the Swap function, in both cases the Swap was the better option but of course, with swapping comes a little fee we have to keep in mind.
Fee: 100 DEC ~ €0.07
The last step for getting both DEC, which I use to buy cards with and SPS to stake and earn more in-game rewards with as well as a nice yearly APR of over 10% at the moment, is swapping Swap.Hive for SPS.
Fee: 1.5 SPS ~ €0.01
Total fee: €0.55
So, the fee is pretty cheap this way, but it's a nuisance to get trough this every month 😅
But we gotta do what we gotta do for the love of the greatest game of all times!
I really hope this is better for most of you out there, missing Binance is a pain for crypto people in my country.
So, how is this in the part of the world you live in? Let me know in the comments!
Thank you for reading!!!
If you haven't made an account already, please consider using my referral link to sign up, I'll happily send the amount I get for your signup back to you in DEC or SPS to help you start.
Also, when you require any help to get you started,let me know, I'm here to advice and guide new players and maybe I can help you with card delegations too!
Have a great day!
Thanks for this kind of posts mate, always trying to help the community! Keep the good job!
Trying my best! 👌😀 Thanks for stopping by!
Thanks for this walkthrough, I’ve been stuck buying credits and really struggled with getting SPS with my “gaming budget” !BBH
Let me know if you require any further help for your specific situation 👍
Your belief in splinterlands game is inspiring. We need more people like you who try to bring value and encourage others to do this by helping them first. Thank you!
Thank you for your kind words, and you're very welcome!
My belief is funded by the fact this game is still fun, every day after 3.5 years, only three games in my entire life were able to do that (and I'm 40+) so that's something!
Also the team is working their ass off and are probably the most enthusiastic about the game 😁 together with the hardcore group of top players.
Thanks for sharing! - @azircon
WOW! Thanks!! 🤎