How does it work? Am I able to get USDT from an exchange bring it across and buy Hive? I wouldnt mind that option
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
How does it work? Am I able to get USDT from an exchange bring it across and buy Hive? I wouldnt mind that option
Posted Using LeoFinance Beta
On Hive Engine you can deposit some ERC tokens now, and USDT is included. So you can just select Deposit, then ERC tokens, and then it will connect with you metamask wallet where you can then deposit USDT (and BAT, and a few others too)
Posted Using LeoFinance Beta
Unfortunately for these great opportunities that open up on Hive/TribalDex, you still have to pay Ethereum fees to bring them to Hive and then back, if you want to.
Posted Using LeoFinance Beta
I agree gas fees in general are a problem, even with BSC the fees are starting to rise with the rise in BNB. We are blessed here on Hive with free transactions
Yup, that's true, but still far from the problems Ethereum faces. However, if BNB goes up another x5-x10 times, this will become quite serious on BSC too.
Posted Using LeoFinance Beta
Well if the price goes up, surely the witnesses (or whatever you call them on BSC) will drop the price from 10 Gwei to something lower (like 1)?
That is certainly easier than on Ethereum, since Binance practically controls everything.
Posted Using LeoFinance Beta
Yes that's how it works as far as I know . There are already many pegged tokens on Hive-engine which we can deposit and convert ( buy ) hive with .
Posted Using LeoFinance Beta