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RE: How Would You Go About Purchasing Hive From Your Location?

in Ask the Hive2 years ago

I use Hive Engine. I buy LTC from coinbase (but any exchange should work as wellnas several other cryptos) and transfer it to Hive Engine as swap.ltc then trade for Hive.

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That's interesting, hadn't thought of that one!

Interesting method here. But does that mean you have to pay the conversion fee twice though? 0.75% for LTC to Swap.LTC, then another 0.75% for Swap.Hive to Hive?

Good question, sounds like it unless he just keeps them on hive-engine to buy some tokens there.

Random question cos you seem to know everything about Hive. :D

Do you know how long RC delegations take to come back to the owner after un-delegating? Is it 7 days like HP delegations?

HP is 5 days but I think RC is instant but they deplete similar to voting power in the form of delegations. So you'll still have to wait for them to recharge when you take them back and that should also be 5 days.

Appreciate the reply. 5 days should be workable I reckon. Need to reallocate my RC among my accounts so there is at least enough on main for all the things I need to do here.